Cybersecurity threats increased for businesses over the past year, according to a Wall Street Journal survey of compliance professionals.
Tag: ransomware
Hackers Behind MGM Attack Targeting Financial Sector in New Campaign
The hacking group accused of disrupting casinos and hotels at MGM Resorts International last year is engaged in a new campaign targeting banks and insurance companies, according to cybersecurity researchers.
UnitedHealth Says Hackers Possibly Stole Large Number of Americans’ Data
UnitedHealth Group said on Monday that hackers stole health and personal data of potentially a “substantial proportion” of Americans from its systems in February, as the largest U.S. health insurer scrambles to contain the damage.
Companies Fall Short on Curbing Cybersecurity Risks from Vendors: Moody’s
Most companies and organizations in the U.S. and Canada fall short on limiting cybersecurity risks from third-party vendors even as they give cyber managers more clout and boost spending on averting attacks, Moody’s Investors Service said in a report.
Change Healthcare Rival Onboards Hundreds of Thousands of Customers During Hack Crisis
After a cyberattack on Change Healthcare forced its systems offline last month, clinicians and insurers aren’t the only ones affected. The healthcare tech group’s rivals have had to pivot at short notice to handle a massive jump in customers.
Why Are Data Breaches Still Rising Amid Increased Cybersecurity?
Organizations are spending more money than ever on cybersecurity—an estimated $188 billion globally in 2023, a figure expected to grow to almost $215 billion in 2024—yet hackers always seem to stay a step ahead.
Hacker Forum Post Claims UnitedHealth Paid $22M Ransom in Bid to Recover Data
A post on a hacker forum popular with cybercriminals has claimed UnitedHealth Group paid $22 million in a bid to recover access to data and systems encrypted by the “Blackcat” ransomware gang, according to two researchers.
UnitedHealth Confirms Ransomware Gang Behind Change Healthcare Hack
American health insurance giant UnitedHealth Group has confirmed a ransomware attack on its health tech subsidiary Change Healthcare, which continues to disrupt hospitals and pharmacies across the United States.
Chainalysis: A ‘Major Comeback’ for Ransomware in 2023 as Cybercriminals Net $1.1B
Cybercriminals took in $1.1 billion from ransomware attacks in 2023, a new global record that doubles the previous year’s $567 million, according to new data from Chainalysis, a blockchain analysis firm.
Global Ransomware Attacks Reach Record High for 2023
Corvus Insurance, the leading cyber underwriter powered by a proprietary AI-driven cyber risk platform, today released its Q4 2023 Ransomware Report. Featuring data collected from ransomware leak sites, the report shows that while Q4 attacks were down slightly from Q3 2023, ransomware activity for the year surpassed 2022 totals by 68 percent.