The LockBit ransomware-as-a-service group may have become a victim of its own success, having grown "too fast and too quick," to the point where its infrastructure and ability to handle affiliates' requests is lagging, leading many to desert the operation, says ransomware researcher Jon DiMaggio.
U.S. authorities seized a web-hosting company used by ransomware hackers in a joint operation with Polish authorities that resulted in the arrest of five individuals and the indictment of the site's owner. The site, LolekHosted, now displays a banner showing its seizure by the FBI and the IRS.
A nonprofit firm that administers government dental programs in Canada paid a "substantial" ransom for a decryptor key and the destruction of data stolen in a recent ransomware attack. But the company is now notifying nearly 1.5 million individuals that the hack compromised their data.
At least 637 organizations have now confirmed that they were affected by the zero-day attack on MOVEit file-sharing servers that began in late May, collectively affecting 41 million individuals, report cybersecurity researchers who've been tracking the impact of Clop's data-theft campaign.
Ransomware incidents are down, but the volume and impact of targeted attacks are on the rise. These are among the findings of the new Global Threat Landscape Report from Fortinet's FortiGuard Labs. Fortinet's Derek Manky shares analysis of this report and insights on the cybersecurity trends that will influence how we...
ChatGPT set the world on fire six months ago, and since then a slew of companies have released features or products built on or around generative AI - some of them completely legitimate and some of them little more than snake oil. Does AI makes sense everywhere for everything? Absolutely not.
The Biden administration says it wants to get ahead of ransomware attacks against schools before K-12 education resumes in the fall. "We must take cyberattacks on our schools just as seriously as we take physical attacks on critical infrastructure," said Cindy Marten, education deputy secretary.
Authorities are sounding the alarm about double-extortion attacks against healthcare and public health sector organizations by a relatively new ransomware-as-a-service group, Rhysida, which until recently had mainly focused on entities in other industries.
A ransomware attack has forced a California-based hospital chain to divert ambulances from its emergency rooms and cancel appointments for services. The group of 17 hospitals, 166 outpatient clinics and various doctor practices is still recovering after an IT systems shutdown.
A contractor that provides claims processing and other services says several of its community health plan customers - including 1.7 million members of the Oregon Health Plan - are victims of the zero-day MOVEit vulnerability, which has affected more than 500 organizations worldwide.
Real-time protection against API attacks is nonnegotiable for the protection of any web application or digital service that relies on application programming interfaces. Here are some of the most common types of API attacks and strategies for protecting against them in real time.
The ongoing rise in open source vulnerabilities and software supply chain attacks poses a growing threat to businesses, which heavily rely on applications for success. Between 70 and 90 percent of organizations’ code base is open source, while vulnerabilities such as Log4j have significantly exposed organizations...
Fears that cyber insurance coverage drives companies into paying ransomware demands more easily than not appear unfounded, concludes a British think tank study that also suggests insurers should do more to enact corporate discipline. Cyber insurance has been dogged by accusations of moral hazard.
ISMG's Healthcare Security Summit 2023, held in New York City on July 18, brought together leaders from the cybersecurity and healthcare industries to engage in a dynamic exchange of ideas and address pressing challenges faced by the healthcare community.
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