U.S. federal prosecutors charged a Florida teenager allegedly involved in a cryptocurrency theft scam that stole at least $800,000 from a minimum of five victims. The suspect, Noah Michael Urban, 19, is part of a cybercriminal group known as Scattered Spider or 0ktapus, reported Brian Krebs.
Getting the health sector to vastly improve the state of its cybersecurity will take much more than the recent issuance of federal guidance outlining cyber performance goals for entities. It will also require new government incentives and mandates, said Steve Cagle, CEO of consultancy Clearwater.
Schneider Electric confirmed a ransomware attack has locked up corporate systems of its Schneider Electric Sustainability Business division and accessed data. The company said it plans to resume operations in two business days after remediation is complete.
While ransomware groups rightly have a reputation for being morally and ethically bankrupt, many do play things straight with their victims. But RansomedVC is a notable exception. In some ways, it is "more dangerous" because of its expert ability to lie, according to researcher Jon DiMaggio.
A U.S. federal judge sentenced a Russian national to five years and four months in prison for his role in developing TrickBot malware. Vladimir Dunaev, 40, pleaded guilty in December. Dunaev helped develop the malware "while hiding behind his computer," U.S. Attorney Rebecca Lutzko said.
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Two major water providers in the U.S. and U.K. report that they recently fell victim to ransomware attacks. In both cases, attackers appear to have stolen employee or customer data that they're now holding to ransom. Ransomware trackers say known attacks, affecting all sectors, have been surging.
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The United States, Australia and the United Kingdom sanctioned a Russian man the governments say was behind the October 2022 hacking of Medibank, Australia's largest private health insurer. The attack was a high point in a wave of data breaches buffeting the country that year.
An Akira ransomware attack that hit a data center run by Finnish IT software and services firm Tietoevry has led to widespread outages across Sweden. Healthcare, local governments, retail outlets and the country's largest cinema chain are among the organizations experiencing ongoing disruptions.
In the latest weekly update, ISMG editors discussed why crypto-seeking drainer scam-as-a-service operations are thriving, a novel legal move that recovered a hospital's stolen data, and a ground-breaking case involving bitcoin that could streamline recovery for victims.
The ubiquity and anonymity of cryptocurrencies are fueling economic, legal and ethical challenges that put healthcare entities in the crosshairs of cybercriminals, said David Hoffman, general counsel of Claxton-Hepburn Medical Center, which recently filed a lawsuit against ransomware gang LockBit.
A cloud services firm has turned over to a New York hospital alliance the patient data stolen in a ransomware attack by LockBit. The hospital group had filed a lawsuit against LockBit as a legal maneuver to force the storage firm to return data the cybercriminals had stashed on the vendor's servers.
A Mississippi health system is notifying nearly 253,000 individuals that their data was potentially compromised in a "malicious and sophisticated ransomware" attack last August that also took IT systems offline. The cybercriminal gang Rhysida had claimed responsibility for the assault.
Ransomware-wielding attackers show no signs of stopping, and experts report December 2023 was the second-worst month on record for known victims. Lately, Akira-wielding attackers have been hitting Finland hard, and Medusa has been behind a rising number of attacks.
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