ransomware attacks News

Russia-Based Hackers Plan New Wave of Attacks Against U.S. Hospitals: Security Firm

A Russia-based ransomware group responsible for a new wave of attacks against U.S. hospitals is laying the groundwork to cripple at least ten more, according to the cyber-security firm Prevailion Inc. Prevailion’s analysis comes a day after the FBI and …

Dozens of U.S. Hospitals Hit With String of Ransomware Attacks

Eastern European criminals are targeting dozens of U.S. hospitals with ransomware, and federal officials on Wednesday urged healthcare facilities to beef up preparations rapidly in case they are next. The FBI is investigating the recent attacks, which include incidents in …

EU Begins to Tackle Cyber Warfare with Targeted Sanctions

Taking a firm geopolitical stand, the European Union imposed sanctions on targeted individuals and entities from Russia, China and North Korea in a sign that it was tackling cyber warfare head on. As part of the measures, the six individuals …

UK-Based Tech Platform Xchanging Hit by Ransomware Attack

DXC Technology announced that certain systems of its subsidiary, Xchanging, have experienced a ransomware attack. Xchanging is primarily an insurance managed services business that operates on a standalone basis. Tysons, Va.-based DXC said it is confident that this incident is …

Amid COVID-19, Cyber Criminals Push Phishing, Ransomware Scams

There was a 25% spike in ransomware attacks in the first quarter of 2020 versus the fourth quarter 2019, based on incidents reported to in-house breach response team for insurer Beazley’s Breach Response (BBR) Services. While nearly all industries reported …

Shipbuilder Fincantieri’s Norwegian Unit Hit with Ransomware Attack

A group of hackers executed a successful attack this week on shipbuilder Fincantieri SpA’s Norwegian unit, an Italy-based representative for the company said, confirming local reports. Servers at the Norwegian unit, Vard Group AS, were infected with a ransomware, and …

CyberCube Launches Cyber Analytics Product for Broker Market

Cyber risk analytics specialist CyberCube has launched a new software-as-a-service application designed specifically for insurance brokers called “Broking Manager.” “Broking Manager” facilitates client insight for both generalist and cyber specialist brokers, designed to help brokers quantify, understand, and explain to …

UniCredit Hackers Try to Sell Employee Data on Cyber-Crime Forums

Data on about 3,000 UniCredit SpA employees was put up for sale on cyber-crime forums after a hacking attack. The data went on sale on April 19 and contained what the hacker said was information on UniCredit workers, including emails, …

CyberCube Releases New Edition of Cyber Accumulation Model

CyberCube, the cyber analytics provider for the insurance industry, has released an updated version of Portfolio Manager, the cyber risk modeling platform. Portfolio Manager allows insurers to stress test re/insurance portfolios against a range of systemic cyber-related scenarios, including data …

As Attacks Rise, Paladin Offers Cybersecurity Platform Free to Insurance Agencies

Paladin Cyber is offering independent agents and brokers throughout the U.S. free one-year enrollment in its Paladin Shield cybersecurity platform. The offer is in response to more employees working at home and a sharp rise in cyber attacks related to …