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Medibank Defends its Security Practices as its Ransomware Woes Worsen

IT Governance

The Australian health insurance giant fell victim to ransomware in October, as a result of which the personal data of 9.7 In most cases, basic personal information – such as their name, date of birth, email address, phone number and gender – was exposed. million current and former customers was compromised. The extent of the damage.

IT 107
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What is Ransomware? Everything You Should Know

eSecurity Planet

Ransomware is a type of malicious program, or malware, that encrypts files, documents and images on a computer or server so that users cannot access the data. The malware establishes itself on the endpoint and implements an infected binary on the system, encrypting everything from valuable database files to images and office documents.

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CyberheistNews Vol 13 #22 [Eye on Fraud] A Closer Look at the Massive 72% Spike in Financial Phishing Attacks

KnowBe4

link] Cyber Insurance: Is Paying a Ransom Counter-Productive? According to the report, the financial services industry as a target has increased by 72% over 2022 and was the single largest target of financial fraud attacks, representing 49% of all such attacks. That means one in five email-based attacks made it all the way to the Inbox.