ransomware News

FBI, European Partners Seize Major Malware Network in Blow to Global Cybercrime

U.S. officials said Tuesday that the FBI and its European partners infiltrated and seized control of a major malware network used for more than 15 years to commit a gamut of online crimes including crippling ransomware attacks. They then remotely …

White House Holds First-Ever Summit on Ransomware Crisis Plaguing Public Schools

The White House on Tuesday held its first-ever cybersecurity “summit” on the ransomware attacks plaguing U.S. schools, in which criminal hackers have dumped online sensitive student data, including medical records, psychiatric evaluations and even sexual assault reports. “If we want …

Hospitals, Clinics in Several States Begin Recovery After Cyberattacks

Hospitals and clinics in several states on Friday began the time-consuming process of recovering from a cyberattack that disrupted their computer systems, forcing some emergency rooms to shut down and ambulances to be diverted. Many primary care services at facilities …

Hospital Cyberattacks Surge, Risking Struggling Bottom Lines

Cyberattacks on US hospitals are on the rise, adding a layer of financial pressure onto an industry still struggling to recover from the pandemic. Health facilities have been hit with 226 digital incursions affecting 36 million people this year, on …

PwC Probes Security Incident Tied to Russian-Speaking Clop Cyber Gang

A criminal hacking gang has added more names to its lists of alleged victims from a recent campaign that exploited a vulnerability in a popular file-transfer product. The group, known as Clop, threatened to post internal data from professional services …

Ransomware Gang Haunted US Firms Long Before MOVEit Hack

Shell Plc, IAG SA’s British Airways, the British Broadcasting Corp., the state of Minnesota’s Department of Education, multiple federal agencies — they’re among the victims of the latest data breach launched by Clop, a Russian-speaking hacking group that’s attacking targets …

‘Lockbit’ Digital Gang Named Top Ransomware Threat by US, 6 Other Nations

The United States and six other countries on Wednesday identified the digital extortion gang operating under the “Lockbit” banner as the world’s top ransomware threat. In a joint advisory, U.S., Canadian, British, French, German, Australian and New Zealand cyber authorities …

Russia-Linked Hackers Give Victims a Week to Open Ransom Negotiations

A Russian-speaking criminal cyber gang gave victims including British Airways and the BBC a week to start ransom negotiations after it exploited a vulnerability in an encrypted file-sharing software used by many high-profile firms. The hacker group, known as Clop, …

Viewpoint: Could Increasing Ransomware Frequency Bring Back Repeat of Hard Market?

Insurance pricing is cyclical. When loss ratios are sustainably higher, over time prices rise in response, creating a hard market. The last hard market in cyber was in 2021 when an onslaught of ransomware and high-profile cyber attacks drove a …

New England Health Insurer Still Dealing With Ransomware Attack

Point32Health, the parent company of Tufts Health Plan and Harvard Pilgrim Health Care, is still dealing with a ransomware attack it first reported on April 17. The company has now disclosed that patient information has been stolen. The Massachusetts-based health …