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The Hidden Cost of Ransomware: Wholesale Password Theft

Krebs on Security

Organizations in the throes of cleaning up after a ransomware outbreak typically will change passwords for all user accounts that have access to any email systems, servers and desktop workstations within their network. VCPI) was hit by the Ryuk ransomware strain. ” WHOLESALE PASSWORD THEFT. On the morning of Dec.

Passwords 208
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LockBit is back and threatens to target more government organizations

Security Affairs

Last week, a joint law enforcement action, code-named Operation Cronos , conducted by law enforcement agencies from 11 countries disrupted the LockBit ransomware operation. The operation led to the arrest of two members of the ransomware gang in Poland and Ukraine and the seizure of hundreds of crypto wallets used by the group.

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NYDFS Imposes Fine of $5 Million on Carnival for Cybersecurity Breaches

Hunton Privacy

(“Carnival”), the world’s largest cruise-ship operator, for violations of the Cybersecurity Regulation (23 NYCRR Part 500) in connection with four cybersecurity events between 2019 and 2021, including two ransomware events. .

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2024 State of Cybersecurity: Reports of More Threats & Prioritization Issues

eSecurity Planet

Fortunately, vendor surveys identify five key cybersecurity threats to watch for in 2024: compromised credentials, attacks on infrastructure, organized and advanced adversaries, ransomware, and uncontrolled devices. 583% increase in Kerberoasting [password hash cracking] attacks. 23% use identical passwords or follow a similar pattern.

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Top 5 Cyber Security Risks for Businesses

IT Governance

IT Governance identified more than 1,200 publicly disclosed data breaches in 2021 , while another report found that security incidents cost almost £3 million on average. Cyber Essentials is a UK government scheme that outlines five key controls, including patch management, that can prevent up to 80% of cyber attacks. Weak passwords.

Risk 144
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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 The attack, which occurred after a cyber criminal exposed the login credentials of a high-level employee, led to two separate leaks on a dark web site operated by the ransomware group REvil.

IT 107
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Security Blueprints of Many Companies Leaked in Hack of Swedish Firm Gunnebo

Krebs on Security

In March 2020, KrebsOnSecurity alerted Swedish security giant Gunnebo Group that hackers had broken into its network and sold the access to a criminal group which specializes in deploying ransomware. Reached by phone today, Jansson said he quit the company in August, right around the time Gunnebo disclosed the thwarted ransomware attack.