‘Lockbit’ Digital Gang Named Top Ransomware Threat by US, 6 Other Nations June 15, 2023 By Raphael Satter The United States and six other countries on Wednesday identified the digital extortion gang operating under the “Lockbit” banner as...
Russia-Linked Hackers Give Victims a Week to Open Ransom Negotiations June 8, 2023 By Ryan Gallagher A Russian-speaking criminal cyber gang gave victims including British Airways and the BBC a week to start ransom negotiations after...
Viewpoint: Could Increasing Ransomware Frequency Bring Back Repeat of Hard Market? May 25, 2023 Insurance pricing is cyclical. When loss ratios are sustainably higher, over time prices rise in response, creating a hard market....
New England Health Insurer Still Dealing With Ransomware Attack May 24, 2023 Point32Health, the parent company of Tufts Health Plan and Harvard Pilgrim Health Care, is still dealing with a ransomware attack...
Alleged Russian Hacker Charged in $200 Million Ransomware Spree May 17, 2023 By William Turton A Russian man was charged by US authorities in connection with his alleged role with multiple ransomware gangs that attacked...
Low-Tech Cyber Attacks Took Advantage of Fixable Vulnerabilities in 2022: Coalition May 16, 2023 By Chad Hemenway Outdated technology, poor software maintenance, and the dreaded clicking of a malicious link were most to blame for cyber insurance...
Clients Buy Higher Limits as Q1 Cyber Increases Follow Moderation Trend: Marsh May 15, 2023 By Chad Hemenway For the fifth straight quarter, pricing increases for cyber insurance continued to fall at the start of 2023. According to...
Banks, Financial Industry Hit by Rising Ransomware Attacks March 24, 2023 By Andrew Martin Ransomware gangs didn’t come out with any big new innovations last year, but “what 2022 lacked in innovation it made...
U.S. Marshals Computer System Hit by Ransomware Attack March 3, 2023 By Lindsay Whitehurst In a major breach of a U.S. Marshals Service computer system this month with ransomware, hackers stole sensitive and personally...
Ransomware Attacks on Industrial Firms Increased by 87% in 2022 February 14, 2023 By Jack Gillum Ransomware attacks against industrial organizations increased by 87% in 2022 from the year before, with most malicious software targeting the...