Fraud Management & Cybercrime , Ransomware , Video

ISMG Editors: Global Fallout From Leaked LockBit Ransomware

Also: Congress Weighs in on Change Healthcare Saga; Hot Topics at ISMG’s AI Summit
Clockwise, from top left: Anna Delaney, Mathew Schwartz, Marianne Kolbasuk McGee and Tom Field

In the latest weekly update, ISMG editors discussed the rise of criminal groups using leaked LockBit ransomware for global cyberattacks, Congress's recent hearing on the cyberattack targeting Change Healthcare and takeaways from ISMG’s Cybersecurity Implications of AI Summit.

See Also: Live Webinar | Adversary Analysis of Ransomware Trends

The panelists - Anna Delaney, director, productions; Mathew Schwartz, executive editor of DataBreachToday and Europe; Marianne Kolbasuk McGee, executive editor; HealthcareInfoSecurity; and Tom Field, senior vice president, editorial - discussed:

  • Highlights from ISMG’s first-ever AI event, the Cybersecurity Implications of AI Summit, -which showcased a maturing dialogue among CISOs and other experts on practical generative AI applications, especially in security operations centers and in application security - enhancing detection, response, and vulnerability management;
  • How nearly two months after the Change Healthcare cyberattack, the widespread software outage is still disrupting the healthcare sector. While a Congressional subcommittee was seeking more details, parent company UnitedHealth Group skipped the hearing but met with analysts to report $872 million in losses from the mega-hack;
  • Recent ransomware trends indicating an uptick in LockBit malware attacks on diverse organizations following the leak of version 3.0, coupled with a significant decrease in the percentage of victims choosing to pay ransoms, now at a record low of 28%.

The ISMG Editors' Panel runs weekly. Don't miss our previous installments, including the Apr 5 edition on breaking down OT cybersecurity challenges and the Apr 12 edition on unpacking the Change Healthcare attack.

About the Author

Anna Delaney

Anna Delaney

Director, ISMG Productions

An experienced broadcast journalist, Delaney conducts interviews with senior cybersecurity leaders around the world. Previously, she was editor-in-chief of the website for The European Information Security Summit, or TEISS. Earlier, she worked at Levant TV and Resonance FM and served as a researcher at the BBC and ITV in their documentary and factual TV departments.

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