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Merck settles with insurers regarding a $1.4 billion claim over NotPetya damages

Security Affairs

known as Merck Sharp & Dohme (MSD) outside the United States and Canada, is an American multinational pharmaceutical company. It is one of the largest pharmaceutical companies globally, engaged in the research, development, manufacturing, and marketing of a wide range of healthcare products. Merck & Co., Merck filed a $1.4

Insurance 110
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FIN11 gang started deploying ransomware to monetize its operations

Security Affairs

The financially-motivated hacker group FIN11 has started spreading ransomware to monetize its cyber criminal activities. The financially-motivated hacker group FIN11 has switched tactics starting using ransomware as the main monetization method. ” reads the analysis published by FireEye.

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Ask Fitis, the Bear: Real Crooks Sign Their Malware

Krebs on Security

2016 sales thread on Exploit. More recently, it appears Megatraffer has been working with ransomware groups to help improve the stealth of their malware. Additionally, newer versions of Microsoft Windows will complain with a bright yellow or red alert message if users try to install a program that is not signed. Image: Archive.org.

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Why You Need to Tune EDR to Secure Your Environment

eSecurity Planet

Similarly, in most companies, the sales team should never be trying to access the corporate server’s Active Directory. The rise of ransomware and data wiper attacks makes data backups more important than ever. See the Best Backup Solutions for Ransomware Protection. The most critical data should have tightly restricted access.

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Data breaches: the financial cost of poor planning

IT Governance

This reflects recent figures , suggesting that NotPetya, a 2017 ransomware attack that hit organisations across the globe, cost pharmaceutical giant Merck $135 million in lost sales in the first three months after the attack. The average total cost for organisations that lost less than 1% of their existing customers was $2.8

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Encryption – A Feasible Savior against Prevalent Privacy Issues in Business Communication

Security Affairs

The type of data that each email contains vary from sales objectives to product specs and even product patents. I remember that in early 2017, the business world was hit by ransomware, which felt to them like a speedy bullet shot at their blind spot. Ransomware isn’t the only existing digital disaster. Final Thoughts.

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2019 end-of-year review part 1: January to June

IT Governance

It was yet another case of point-of-sale vulnerabilities being exposed, as the US fails to expedite its transition to chip and PIN. Many commenters were disappointed by the car manufacturer’s lack of transparency, as it refused to provide further details of the incident, including whether it was a ransomware attack.