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Cybersecurity insurance company Chubb , which provides aid to companies affected by data breaches, has been hit by one itself, according to a report by TechCrunch. Threat Analyst Brett Callow, who works at a different security firm called Emsisoft, said the incident in question came from Maze, a ransomware group.
More health care-related organizations are connecting to the internet for saving and sharing data but have poor cyberthreat monitoring, cybersecurity policies and data access controls. Food and Drug Administration announced new guidelines that encouraged medical device manufacturers to up the cybersecurity of their products.
Last month, the city of Riviera Beach, Florida, was crippled by a ransomware attack that led to it paying a hefty sum to recover government systems. Ransomware attacks are on the rise within local and state governments, he added, leading to revived debate about how to handle such a scenario. . What’s the alternative?” .
Furthermore, AIG found that more than a quarter – 26 percent – of cyber claims in 2017 cited ransomware as the primary cause of loss, compared to only 16 percent between 2013 and 2016. The news comes about a year after a major ransomware attack affected more than 200,000 computers in 150 countries across the globe.
Warnings from the Federal Bureau of Investigation have enterprises worried about cybersecurity — specifically, concerns about ransomware attacks. Phishing emails — 93 percent of which include ransomware, according to ITProPortal — should by no means be ignored. Compare that to ransomware, which made up just 11 percent.
The city of Baltimore fell victim to a ransomware attack last week , as researchers began to dive into the risks of local-level government systems. Since 2013, 170 local government systems — at least — have been attacked by cybercriminals , new data from Recorded Future revealed. Zero utilities in the U.S.
North Korean cyberattackers are also thought to be behind this year’s WannaCry global ransomware attack. The Korea Financial Security Institute is now reporting a second group using Lazarus that has been attacking South Korea since 2013. The problem is that it’s not just simple attacks anymore with North Korea.
billion in total losses since 2013. Trend Micro pointed to the WannaCry and Petya ransomware cyberattacks this year, for example, that led to total losses of up to $4 billion at companies across the world. The company said it detected more than 82 million ransomware attacks in the first half of 2017 alone.
The massive wave of crypto-ransomware cyberattacks now reported to have hit more than 200,000 computers in 150 countries shouldn’t be just another “look at how smart and cunning and horrible those cybercriminals are” headline. That was also about the same time that we began to see the spike in cyberattacks linked to ransomware.
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