How bad is the breach of the MOVEit zero-day to businesses, government agencies and their customers? The short answer is that the known fallout from the Clop ransomware group attack already looks bad and keeps getting worse as ongoing investigations add to the victim count of 20 million people.
Based on the 1,862 U.S. data breach notifications issued in the first half of this year, 2023 looks set to break multiple records, especially as more breaches come to light due to the Clop ransomware group exploiting a zero-day flaw in widely used MOVEit file transfer software.
This week, an IT security worker was sentenced for impersonating a ransomware gang, Deutsche Bank and other financial institutes were hit by Clop ransomware, USB drive malware attacks are on the rise in 2023, and a gaming company is investigating data breach claims and resetting users' sessions.
Cryptocurrency is the lifeblood of ransomware gangs, and their illicit use of crypto could hit record numbers this year. While overall crypto proceeds, including from crimes such as scams, fell dramatically over the past year, ransomware funds are expected to hit $899 million in 2023.
British prosecutors have accused two teenagers of several high-profile hacks while being part of the now-inactive, teenager-dominated Lapsus$ hacking group, clearing the way for their legal prosecution. The two suspects face charges related to blackmail, fraud and Computer Misuse Act violations.
Microsoft released the largest set of patches of the year - software updates for 132 vulnerabilities, including six zero-days. Microsoft rated nine of the flaws as having critical severity, 121 as being important and eight as being linked to critical remote code execution vulnerabilities.
The growing list of MOVEit cyberattack victims has grown. Sixty-two clients of Big Four accounting firm Ernst & Young now appear on the Clop ransomware group's data leak site. A spokesperson for Ernst & Young confirmed that a "limited" attack on the company's systems had occurred.
Johns Hopkins University and its Johns Hopkins Health System are facing at least two proposed federal class action lawsuits filed in recent days following the institution's disclosure that it was among victims of the recent spate of hacks involving MOVEit file transfer software.
Given the sustained onslaught of cyberattacks against the healthcare industry, organizations can help protect all enterprises simply by sharing advance information, said Steve Hunter, vice president of marketing and development at Health-ISAC. Ensuring anonymity helps users share more freely.
Hacking incidents, including those involving ransomware attacks or vendors, that affect tens of millions of individuals, continue to account for the majority of health data breaches reported to federal regulators so far this year. What are the other emerging breach trends?
For the third time since the discovery of the MOVEit Transfer application zero-day vulnerability, Progress Software has revealed a new critical SQL injection vulnerability that allows remote attackers to bypass authentication and execute arbitrary code.
Ransomware continues to be the biggest threat to the European healthcare sector, but the region also is experiencing an uptick in distributed denial-of-service attacks tied to hacktivist groups, the European Union Agency for Cybersecurity warned.
A ransomware attack in May that and compromised the sensitive information of 319,500 individuals, including addiction treatment center patient data, has so far generated three proposed federal class action lawsuits against the Pennsylvania real estate firm that owns the medical group.
Ransomware believed to originate from the Russian LockBit 3.0 group locked up computer systems for the Port of Nagoya, Japan's largest cargo hub. The attack held up shipments of Toyota auto parts containers for two days, but the port reopened Thursday morning.
A Tennessee medical clinic and surgical center is notifying more than half a million patients and employees that their personal information may have been stolen by cybercriminals in an April cyberattack that disrupted healthcare services for several days.
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