Cryptocurrency trading platform Binance restricted access to 85 accounts as part of an action against the LockBit ransomware affiliates, and authorities estimated that members of the now-defunct ransomware-as-a-service operation had pocketed "hundreds of millions" in ransom.
Security leaders from a wide range of industries explored the latest cybersecurity trends and issues -including Web 4.0, generative AI, automation, data protection and regulatory compliance - at ISMG's DynamicCISO Excellence Awards and Conference 2024 in Mumbai.
Hackers are on a tear to exploit unpatched ConnectWise ScreenConnect remote connection software to infect systems with ransomware, info stealers and persistent backdoors. The attacks observed by researchers include ransomware deployments tied to the now-defunct LockBit ransomware operation.
Once the dust settles on the LockBit disruption, what will be the state of ransomware? Expect attackers to continue refining their tactics for maximizing profits via a grab bag of complementary strategies, including crypto-locking shakedowns and data-theft extortion.
Change Healthcare - a unit of Optum that provides IT services and applications to hundreds of U.S. pharmacies, payers and healthcare providers - is dealing with a cyber incident that has forced the company to take its applications offline enterprisewide. The company said is triaging the situation.
This week: more fallout from LockBit, Avast to pay $16.5M, Russia-linked group targeted mail servers, no indication that AT&T was hacked, analysis of a patched Apple flaw, Microsoft enhanced logging, an Android banking Trojan, North Korean hackers and a baking giant fell to ransomware.
The notorious ransomware-as-a-service group LockBit, disrupted by law enforcement this week, was developing a new version of its crypto-locking malware prior to being shut down, security researchers reported. Even so, experts say it's unlikely the group would be able to successfully reboot.
Russian authorities have reportedly arrested three accused members of the SugarLocker ransomware-as-a-service operation. Their alleged crime? Targeting Russians, although one suspect has also been tied to a massive hack of Australian health insurer Medibank and a subsequent data leak.
An international law enforcement operation that infiltrated ransomware-as-a-service operation LockBit has resulted in arrests, indictments and the seizure of encryption keys that can be used to help victims recover their data. LockBit emerged in 2019 and was one of the largest ransomware operations.
Blue Monday arrived late this year for the LockBit ransomware-as-a-service group, after an international coalition of law enforcement agencies seized swaths of its infrastructure. Security experts said even if the down-at-the-heels group reboots, the disruption already stands as a big win.
An international law enforcement operation seized the infrastructure of Russian-speaking cybercriminal group LockBit, a prolific ransomware-as-a-service operation, marking the latest in a series of digital takedowns. The group's dark web leak site now displays a seizure notice.
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.
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.
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