ransomware News

Cyber Market Continues to Expand as Rates Adjust, Says Guy Carpenter

Those fighting cybercrime and those who insure against it must perpetually race to keep up with the new tech, strategies, methods and goals thrown at them by nefarious actors working from all over the world. After significant compound rate increases …

More Resilient Organizations Successfully Battled Ransomware in 2024: BakerHostetler

An annual report from law firm BakerHostetler said companies “are starting to win the battle against ransomware.” In its 11th year, the report from the firm’s Digital Assets and Data Management (DADM) Practice Group, who handled over 1,250 cyber incidents …

Ransomware Hits DaVita, Kidney Care Provider Serving Hospitals

DaVita Inc. said it has been impacted by ransomware that had locked down parts of its network. The company, which specializes in providing kidney dialysis to patients at more than 700 hospitals in the US, said in a statement Monday …

Small Businesses Continue to Be Underserved by Cyber Insurers: CyberCube

Cyber risk analytics firm CyberCube in a report said the cyber insurance market continues to underserve small businesses although these businesses represent a significant share of the global economic output. “This protection gap presents both an opportunity and a responsibility …

Pennsylvania’s Union County Suffers Ransomware Attack

Pennsylvania’s Union County is dealing with a ransomware attack that has likely exposed personally identifiable information, mostly related to individuals involved with the county’s law enforcement, courts, and other county business. Officials say they detected the ransomware on the county’s …

Cybersecurity Officials Warn Against Potentially Costly Medusa Ransomware Attacks

The FBI and the U.S. Cybersecurity and Infrastructure Security Agency are warning against a dangerous ransomware scheme. In an advisory posted earlier this week, government officials warned that a ransomware-as-a-service software called Medusa, which has launched ransomware attacks since 2021, …

Most Ransomware Claims Begin With Compromised Perimeter Security: Coalition

More than half of ransomware claims in 2024 started with threat actors compromising perimeter security appliances, according to a new report from Coalition. In its Cyber Threat Index 2025, the insurance provider reported that 58% of claims began with such …

Resilience: Third-Party Risk Involved in 31% of Cyber Claims

More merger-and-acquisition activity and technology consolidation have given cyber hackers plenty of entry points to exploit, making third-party cyber risk a dominant driver of claims for Resilience in 2024. New research from the San Francisco-based cyber solutions company found 31% …

Tri-State Region Blood Center Hit With Ransomware Attack

One of the country’s largest blood donor and research centers has suffered a ransomware attack. The New York Blood Center (NYBC) said that on Sunday, January 26, it identified “suspicious activity” affecting its IT systems. Third-party cybersecurity experts investigated and …

UnitedHealth Says Hack at Tech Unit Impacted 190 Million People

The cyberattack at UnitedHealth Group’s tech unit last year affected the personal information of 190 million people, the health conglomerate said on Jan. 24, making it the largest healthcare data breach in the United States. The hack at Change Healthcare …