ransomware

Should we ban ransom payments?

As cybercriminals continue to reap the financial rewards of their attacks, talk of a federal ban on ransom payments is getting louder. U.S. officials have long urged against paying ransom demands. But

Ransomware attack blamed for Change Healthcare outage stalling US prescriptions

An ongoing cyberattack at U.S. health tech giant Change Healthcare that sparked outages and disruption to hospitals and pharmacies across the U.S. for the past week was caused by ransomware, TechCrunc

Researchers say easy-to-exploit security bugs in ConnectWise remote-access software now under mass attack

Security researchers say a pair of easy-to-exploit flaws in a popular remote-access tool used by more than a million companies around the world are now being mass exploited, with hackers abusing the v

A bumpy road for EV manufacturers

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Rivian launched with a promise to revolut

Hackers are exploiting ConnectWise flaws to deploy LockBit ransomware, security experts warn

Security experts are warning that a pair of high-risk flaws in a popular remote access tool are being exploited by hackers to deploy LockBit ransomware — days after authorities announced that they h

Six things we learned from the LockBit takedown

A sweeping law enforcement operation led by the U.K.’s National Crime Agency (NCA) this week took down LockBit, the notorious Russia-linked ransomware gang that for years has wreaked havoc on busine

US sanctions LockBit members after ransomware takedown

The U.S. government has sanctioned two key members of LockBit, the Russian-speaking hacking and extortion gang accused of launching ransomware attacks against victims across the U.S. and international

Authorities disrupt operations of notorious LockBit ransomware gang

A coalition of international law enforcement agencies, including the U.S. Federal Bureau of Investigation and the U.K.’s National Crime Agency, have disrupted the operations of the notorious LockBit

Why are ransomware gangs making so much money?

For many organizations and startups, 2023 was a rough year financially, with companies struggling to raise money and others making cuts to survive. Ransomware and extortion gangs, on the other hand, h

LockBit claims cyberattack on Indian broker Motilal Oswal

The prolific ransomware gang LockBit has claimed responsibility for hacking one of India’s top brokerage firms, Motilal Oswal. Indian authorities say they are aware and investigating the inciden

UK utility giant Southern Water says hackers stole personal data of hundreds of thousands of customers

U.K.-based water utility Southern Water has confirmed that hackers stole the personal data of as many as 470,000 customers in a recent data breach. Southern Water, which provides water and wastewater

US sanctions Russian citizen accused of playing key role in Medibank ransomware attack

The U.S. government sanctioned a Russian national for allegedly playing a “pivotal role” in the ransomware attack against Australian health insurance giant Medibank that exposed the sensitive info

LoanDepot outage drags into second week after ransomware attack

LoanDepot customers say they have been unable to make mortgage payments or access their online accounts following a suspected ransomware attack on the company last week. The mortgage and loan giant sa

Texas-based care provider HMG Healthcare says hackers stole unencrypted patient data

Texas-based care provider HMG Healthcare has confirmed that hackers accessed the personal data of residents and employees, but says it has been unable to determine what types of data were stolen. HMG

Fidelity National Financial says hackers stole data on 1.3 million customers

Real estate services giant Fidelity National Financial has confirmed hackers stole data on 1.3 million of its customers during a November cyberattack that knocked the company offline for a week. FNF s

LoanDepot hit by suspected ransomware attack

Mortgage and loan giant LoanDepot said Monday it is experiencing a cyberattack and that it’s “working diligently to restore normal business operations as quickly as possible.” The Ir

MOVEit, Capita, CitrixBleed and more: The biggest data breaches of 2023

This year, 2023, was a hell of a year for data breaches, much like the year before it (and the year before that, etc.). Over the past 12 months, we’ve seen hackers ramp up their exploitation of bugs

Anti-ransomware startup Halcyon lands fresh $40M tranche

2023 proved to be a challenging year on the ransomware front after a brief lull in 2022. According to data from cryptocurrency tracing firm Chainalysis, victims had paid ransomware groups well over $4

Authorities claim seizure of notorious ALPHV ransomware gang’s dark web leak site

An international group of law enforcement agencies has seized the dark web leak site of the notorious ransomware gang known as ALPHV, or BlackCat. “The Federal Bureau of Investigation seized thi

Vans, Supreme owner VF Corp. says personal data stolen and orders impacted in suspected ransomware attack

VF Corporation, the U.S.-based owner of apparel brands including Vans, Supreme and The North Face, has confirmed a cyberattack has impacted the company’s ability to fulfill orders ahead of Chris
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