The total amount of ransom payments being sent by victims to ransomware groups appears to have taken a big dip, declining by 40% from $766 million in 2021 to $457 million in 2022 due to victims simply being unwilling to pay, blockchain intelligence firm Chainalysis reports.
The notorious LockBit 3.0 ransomware group runs just like a business, focusing on recruiting top talent and maintaining an advanced product - which has led to the group's longevity. But the operators' insecurities could be key to the group's undoing, says security researcher Jon DiMaggio.
Trend Micro spotted operators of the Gootkit malware loader targeting the Australian healthcare sector. Trend Micro doesn't assert the Gootkit campaign is behind a ransomware attack against the country's largest private health insurer but says the "recent campaign might remind us of this incident."
Rackspace says the ransomware-wielding attackers who disrupted its hosted Microsoft Exchange Server environment last month wielded a zero-day exploit, described by CrowdStrike as being "a previously undisclosed exploit method for Exchange," to gain remote, direct access to servers it hosted.
Researchers uncovered thousands of Citrix servers that are vulnerable to two critical flaws, one of which is being actively exploited by nation-state hackers. Netgear also warned its customers about a denial-of-service vulnerability affecting some of its devices.
Many healthcare sector organizations would raise their security maturity levels if more CISOs and their teams approached security with business enablement as the objective, says Taylor Lehmann, director for the office of the CISO at Google Cloud.
Many ransomware-wielding attackers are expert at preying on their victims' compulsion to clean up the mess. Witness victims' continuing willingness to pay a ransom - separate to a decryptor - in return from a promise from extortionists that they will delete stolen data. As if.
According to Accenture Security's Cyber Threat Intelligence team, information stealer malware - malicious software designed to steal information, including passwords - became one of the most discussed malware types on the cybercriminal underground in 2022.
One of the primary healthcare systems in the northwestern Italian city of Alessandria has been listed as a recent victim of the Ragnar Locker ransomware group, which has leaked stolen data and appears to be continuing to try and extort the organization.
Hospitals must not only prepare in advance for ransomware and other debilitating attacks on their organizations, but also for responding to the effect of cyber incidents at neighboring facilities, says Dr. Christian Dameff of the University of California San Diego.
Hackers stole and leaked personal data for nearly 270,000 patients and employees of Louisiana's Lake Charles Memorial Health System as part of a ransomware attack for which Hive claimed credit. Patients and regulators have just been informed about the October attack.
ChatGPT, an AI-based chatbot that specializes in dialogue, is raising concern among security professionals about how criminals could use cheap, accessible natural language AI to write convincing phishing emails and pull off nefarious deepfake scams. Peter Cassidy discusses the implications.
Everyone knows why criminals rob banks. But since most robbers are operating remotely, which tactics are cybercriminals actually employing and how often are they successful? Too often, it seems, thanks to phishing attacks, money laundering, ATM skimmers, malware and more.
Information Security Media Group asked some of the industry's leading cybersecurity experts about the trends to watch in 2023. Responses covered a variety of emerging threats and evolving trends affecting security technologies, leadership and regulation. Here is a look at the year ahead.