The BlackCat ransomware-as-a-service group says it's selling 2 terabytes worth of military data including classified documents culled from Indian explosives and propellant manufacturer Solar Industries. Ransomware criminals say they've stolen specifications of rocket propellant and warheads.
The Russia-Ukraine war has had huge economic consequences for Eset, given that the Slovakian vendor was the largest cybersecurity company in Ukraine and second-largest in Russia. The decision to halt sales in Russia and a spending slowdown in Ukraine due to the war hurt Eset, says CEO Richard Marko.
Hackers stymied by Microsoft's crackdown on macros are shifting to malicious OneNote attachments. Particularly worrying is the takeup of the tactic by an initial access broker associated with various ransomware infections, say researchers from Proofpoint.
Christmastime was bleak for a number of organizations in Britain that got hit with ransomware, including car dealership giant Arnold Clark, which originally reported that no customer data had been stolen. But the business subsequently revised its assessment, after attackers dumped stolen data.
Attackers this week locked up the business of London-based ION Cleared Derivatives, a software firm that supports derivatives trading, forcing major European banks to process trades manually and prompting a major futures exchange to delay the settlement of trades for two hours.
Illumio has extended its segmentation capabilities from servers and workloads to endpoints to minimize damage in the event of a ransomware attack, CEO Andrew Rubin says. The Silicon Valley-based company can now stop the spread of breaches and ransomware inside servers, cloud workloads and endpoints.
Premiums for cyber insurance have climbed sharply along with global rates of ransomware. But signs of increased competition and capital inflows suggest the cyber insurance market may be softening, Marsh executive Sarah Stephens told a U.K. parliamentary committee.
In the latest weekly update, four ISMG editors discuss why it pays off to have well-practiced incident response plans, whether ChatGPT is a blessing or a curse for penetration testers and bug bounty hunters, and how Microsoft has reason to be cheerful as security sales hit $20 billion.
As ransomware continues to pummel numerous sectors, and lately especially the manufacturing industry, how does any given organization end up becoming a target or victim? Cybercrime watchers say the answer involves initial access brokers, botnets, targets of opportunity and, above all, profit.
Two hacking breaches - one at a non-profit provider of foster care, mental health and substance treatment services, and the other at a provider of behavioral health services - have affected sensitive information of nearly 400,000 individuals.
The FBI penetrated the network of the Hive ransomware group, which has a history of attacking hospitals. A multinational operation seized the ransomware-as-a-service group's leak site and two servers located in Los Angeles. U.S. law enforcement said an investigation is ongoing.
CommonSpirit was negligent in failing to protect sensitive health data, resulting in a compromise affecting at least 623,000 patients and perhaps many more, allege plaintiffs in two proposed class action lawsuits filed against the Chicago-based hospital chain after a 2022 ransomware attack.
An electronic health records vendor and a pharmacy management services firm are purportedly among the latest healthcare sector victims of ransomware-as-a-service group BlackCat, also known as Alphv. NextGen Healthcare and PharmaCare Services appeared on BlackCat's leak site late last week.
Spanish authorities arrested three senior executives of the now-defunct cryptocurrency exchange platform Bitzlato, Europol announced. The crime coordination agency says about 46% of the assets exchanged through Bitzlato, worth roughly 1 billion euros, were linked to criminal activities.
Australia started operating an international ransomware task force to facilitate information sharing and best practices worldwide. “Recent cyber incidents in Australia and around the globe are a stark reminder of the insidious nature of ransomware," said Minister for Home Affairs Clare O'Neil.
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