The Conservative government of British Prime Minister Rishi Sunak says it won't champion a reinsurance plan for cyber insurance similar to flood insurance, telling a parliamentary committee it doesn't want to "damage competition." Global ransomware payments surged to record levels during 2023.
UnitedHealth Group expects some key IT systems and services affected by the recent cyberattack on its Change Healthcare unit to regain functionality over the next week to 10 days. Certain pharmacy services are already restored. But the American Medical Association is not impressed.
In the latest weekly update, ISMG editors discussed the cyberattack that's sending shock waves through the U.S. healthcare sector, Palo Alto's strategic pivot and its far-reaching implications for the industry, and new developments in tech and journalism at Information Security Media Group.
As ransomware groups are causing massive damage and disruption and showing no signs of stopping, cybersecurity policy expert Ciaran Martin said it's time for governments to start asking tough questions and "figure out how to make a ransomware payments ban work."
A Chicago children's hospital has finally restored access to its electronic health records systems following a cyberattack detected in late January. But the pediatrics hospital is still working to bring its MyChart patient portal and various other systems back online.
This week, VMware handled critical vulnerabilities, Capita reported losses, the NSA pushed for zero trust, malware exploited aNotepad, a Taiwanese telecom was breached, the Swiss government dealt with ransomware attack fallout, fake meetings spread malware, Amex was breached and PetSmart was hacked.
Cybercrime reports submitted by victims to the FBI's Internet Crime Complaint Center surged last year, and the total reported losses exceeded $12.5 billion. Investment fraud and business email compromise losses dominated, and ransomware attacks spared almost no critical infrastructure sector.
Cloud and remote work have not only revolutionized the way business is done, but they have irrevocably changed attack surfaces. Assets move, change and appear constantly, and this dynamic nature means traditional manual asset inventory processes simply cannot keep up.
The modern attack surface requires modern,...
As the fallout continues in the Change Healthcare IT outage, the U.S. healthcare ecosystem is anticipating the next bombs to drop in what's shaping up to be the worst cyberattack the sector has experienced so far. What should entities be considering as they push forward in the recovery?
The administrators of the BlackCat ransomware-as-a-service group claim law enforcement has shut down their operation. But experts and affiliates accuse the group's leadership of running an exit scam on the heels of a $22 million ransom payment by a recent victim - Optum's Change Healthcare unit.
The Change Healthcare mega hack has taken nearly 120 of the company's IT products and services offline since Feb. 21, and that cyber disruption is having serious, widespread impact on the entire healthcare industry including major players, said attorney Sara Goldstein of the law firm BakerHostetler.
Ransomware group Rhysida is offering to sell "exclusive data" stolen from a Chicago children's hospital for $3.4 million on the dark web, while the hospital is still struggling to recover its IT systems, including its electronic health records and patient portal, one month after the attack.
This week, the Biden administration urged software developers to adopt memory-safe programming languages and moved to restrict Chinese connected cars, a pharma giant was breached, researchers found malicious repos in GitHub, the Phobos RaaS group is targeting the U.S., and Zyxel patched devices.
Is Moscow using the Russian-speaking LockBit ransomware group as a tool to disrupt critical infrastructure and democracy in the West? While no publicly available evidence reveals direct ties, what are the chances that the prolific, trash-talking group has escaped authorities' attention - or demands?
BlackCat claimed on its dark web site that it is behind the biggest healthcare hack so far the year - exfiltrating 6 terabytes of "highly selective data" relating to "all" Change Healthcare clients, including Tricare, Medicare, CVS Caremark, MetLife and more.
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