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Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor

Thales Cloud Protection & Licensing

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. It highlights the leadership of financial services in cybersecurity relative to other industries, but it also uncovers some surprising chinks in their cybersecurity armor. Malware and ransomware attacks increase.

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Ransomware at IT Services Provider Synoptek

Krebs on Security

Synoptek , a California business that provides cloud hosting and IT management services to more than a thousand customer nationwide, suffered a ransomware attack this week that has disrupted operations for many of its clients, according to sources. A now-deleted Tweet from Synoptek on Dec.

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California IT service provider Synoptek pays ransom after Sodinokibi attack

Security Affairs

Synoptek, A California-based IT service provider decided to pay the ransom to decrypt its files after being infected with the Sodinokibi ransomware. Synoptek, a California-based provider of IT management and cloud hosting services paid the ransom to decrypt its files following a Sodinokibi ransomware attack.

IT 64
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TA505 Group adds new ServHelper Backdoor and FlawedGrace RAT to its arsenal

Security Affairs

.” The TA505 group was first spotted by Proofpoint back 2017, it has been active at least since 2015 and targets organizations in financial and retail industries. “On December 13, 2018, we observed another large ServHelper “downloader” campaign targeting retail and financial services customers.”

IT 86
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4 Industries That Have to Fight the Hardest Against Cyberattacks

Security Affairs

There are also instances of hospitals being unable to perform fundamental services. In November 2018, a ransomware attack forced two hospitals to send ambulances elsewhere and only accept walk-up patients to the emergency rooms. Despite those risks, retailers make blunders when budgeting for cybersecurity. Financial Services.

Retail 86
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The Week in Cyber Security and Data Privacy: 12 – 18 February 2024

IT Governance

ALPHV/BlackCat ransomware gang adds 2.7 TB of ASA Electronics data to its leak site The ALPHV/BlackCat ransomware gang is attempting to extort a ransom from ASA Electronics for 2.7 It is not known how long the database was publicly available, nor whether anyone else accessed it. Date breached: 384,658,212 records. Data breached: 2.7

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Consumer concerns over GDPR should set alarm bells ringing for businesses

Thales Cloud Protection & Licensing

Despite the NHS falling victim to the devastating WannaCry ransomware outbreak in May, healthcare providers still fared better than other industries, with only six per cent of UK consumers revealing they trusted retailers. A role of responsibility.

GDPR 63