As the damage caused by ransomware and profits flowing to attackers reaches record levels, a panel of cybersecurity and policy experts reviewed what it might take to ban ransom payments and whether such a ban might take a bite out of cybercrime or have unwelcome consequences.
When a hospital or clinic is hit with a cyberattack, it often seems as if the electronic health record systems just can't win. Even if the EHR system is not the prime target of the attack, it's still frequently taken off line as the organization responds to the incident. What should entities do?
The FDA's multifaceted approach to strengthening medical device security centers on several key areas, including enhanced regulatory oversight, industry collaboration and a recent organizational change that raises the profile of the agency's device work, said the FDA's Dr. Suzanne Schwartz.
The AI industry is exploding with demand for talent that can navigate the maze of machine learning, data analytics and neural networks. But what does this mean for the average IT person looking for a job? Steve King of CyberEd.io discusses finding work in the AI field.
This week, the Zeus leader pleaded guilty, Prudential detected hackers, U.S. telecoms have to report breaches, Microsoft patched zero-days, researchers said Chinese threat intel is faulty, ransomware hit Romanian healthcare entities, Juniper was breached and Poland allegedly previously used Pegasus.
An Oklahoma-based healthcare system is notifying 2.4 million individuals that their sensitive information was potentially compromised in an exfiltration incident last year. Cybercriminals have been attempting to extort ransom payments directly from some of those affected patients - including kids.
While overall ransomware profits might remain high, many of the remaining or rebooted top-tier groups are "really struggling" with scarce talent, trauma from the Russia-Ukraine war and repeated disruptions by law enforcement, say researchers from threat intelligence firm RedSense.
Bank of America is notifying more than 57,000 customers that their information, including Social Security numbers, was potentially compromised in a hacking incident last November at Atlanta, Georgia-based insurance software firm InfoSys McCamish. BoA says none of its systems were affected.
Ransomware operators disrupted emergency healthcare services over the weekend, crippling operations in nearly two dozen hospitals in Romania and France. Ransomware attacks increase the in-hospital mortality rate for already-admitted patients, a recent study concluded.
U.S. federal authorities are again warning the healthcare sector about threats from the Akira ransomware group. The latest alert comes on the heels of several recent attacks by the gang, including one last month on Bucks County, Pennsylvania, which affected an IT system used by emergency responders.
Attackers wielding ransomware collectively earned over $1 billion last year - breaking previous records. Their increasingly sophisticated attacks targeted "high-profile institutions and critical infrastructure, including hospitals, schools and government," reported Chainalysis.
Network systems - including phones, email, electronic health records and patient portals - remain offline at a Chicago children's hospital and research center nearly a week after it was hit by a cyberattack. Such incidents targeting entities that cater to kids are especially egregious, experts say.
Financial giant EquiLend Holdings said it's brought back online multiple systems, including its NGT platform that handles securities lending transactions worth $2.4 trillion every month, following an outage triggered by ransomware-wielding attackers gaining unauthorized access to its systems.
Welcome to "Cyber Fail," where our experts uncover fails so we can all strengthen our defenses. Today, we examine what happens when ransomware groups get careless, application developers' laissez-faire attitude toward vulnerabilities, and the security woes of a beleaguered crypto exchange.
Two Chicago hospitals are navigating the effects of recent cyberattacks. One, a children's hospital, has taken its IT network offline to respond to an incident, and the other, a nonprofit safety-net hospital, is being shaken down by cybercriminals asking for a hefty ransom in return for stolen data.
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