Ransomware group Rhysida is shaking down at least two new victims in the healthcare sector - Bayhealth and Community Care Alliance - threatening to sell or dump patients' sensitive health and personal information on the dark web. Bayhealth confirmed that it is investigating a recent cyberattack.
The 2024 NICE Actimize Fraud Insights report explores industry-wide fraud trends, highlighting what poses the most risk for financial institutions and their customers. Unlock critical insights with this comprehensive analysis, developed by data scientists and fraud experts using NICE Actimize’s collective...
Heists perpetrated by hackers netted twice as much in stolen proceeds in the first half of 2024 as they did in the first half of 2023, as the overall rise in crypto's value appears to be drawing increased focus from hackers, said blockchain intelligence platform TRM Labs.
Social engineering and phishing are not just IT buzzwords; they are potent threats capable of causing devastating damage to your organization. Bad actors and the technology they use to infiltrate your defenses are evolving at lightning speed. The only way to safeguard your assets and data is to stay ahead of the game...
This week, ONNX targeted Microsoft 365, Symantec spotted Chinese espionage, AMD may have been breached, Cleveland vowed to defy hackers, Black Basta hit a Spanish firm, Pakistani hackers targeted India, Microsoft said it fixed flaws in Azure, and the U.S. and Indonesia held a cybersecurity exercise.
The ransomware industry has matured. Tim West, director of threat intelligence at WithSecure, warned about the modern ransomware ecosystem, which features an established marketplace of tools and services that can be used in ransomware attacks, and how it has lowered the bar for attackers.
What’s old is new again…Mid-market and small banks are as vulnerable as ever to check kiting schemes due to limited resources and outdated technology, if not more due to the rise in check fraud. Manual verification processes and outdated detection methods make it easier for fraudsters to exploit the delay between...
A ransomware attack on a pathology services firm earlier this week continues to disrupt patient care, including transplants, blood testing and other services, at multiple NHS hospitals and primary care facilities in London. Russian-speaking cybercrime group Qilin is believed to be behind the attack.
LockBit has begun to leak on its dark web site files of data the Russian-speaking cybercriminal gang claims to have stolen in an April attack on London Drugs. The group had threatened to publish the exfiltrated data if the Canadian retail pharmacy chain does not pay a $25 million ransom demand.
A previously undetected, suspected Chinese-state threat actor has been targeting governments in the South China Sea for years with a remote access Trojan that has been a favorite of Chinese hackers since its creation almost two decades ago, say security researchers from Bitdefender.
The digital payment landscape is undergoing transformative growth, with cybersecurity at its core. Dharshan Shanthamurthy, CEO at SISA, discussed the urgency of addressing cybersecurity in an industry that is not only lucrative for businesses but also for motivated criminal gangs.
More and more in society, deepfake technology leverages artificial intelligence to create convincing fake audio and video clips and is evolving rapidly. These technologies not only pose significant threats to personal and organizational cybersecurity programs, but also present unique challenges and opportunities in IT...
Deciding to pay cybercriminals a ransom in the attack on Change Healthcare was one of the most difficult choices UnitedHealth Group CEO Andrew Witty ever faced, according to written testimony ahead of two congressional hearings this week on the disruptive Change Healthcare mega-hack.
The value of corporate credentials in the cybercrime market contributed to a 643% increase in data theft attacks over the past three years, cybersecurity company Kaspersky says. Malicious access brokers stole close to 400 million logins and passwords for numerous websites in the past year.
In the latest weekly update, four ISMG editors discussed the unending twists and turns in the Change Healthcare cyberattack, positive signs of economic recovery in the cybersecurity tech market, and how artificial intelligence is shaking up supply chain security.
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