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Russia Announces Arrest of Medibank Hacker Tied to REvil

Data Breach Today

3 Suspects Charged With Using Sugar Ransomware, Phishing Attacks Against Russians Russian authorities have reportedly arrested three accused members of the SugarLocker ransomware-as-a-service operation. Their alleged crime?

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Medical Debt Collection Firm R1 RCM Hit in Ransomware Attack

Krebs on Security

NASDAQ:RCM ], one of the nation’s largest medical debt collection companies, has been hit in a ransomware attack. R1 RCM acknowledged taking down its systems in response to a ransomware attack, but otherwise declined to comment for this story. “The phishing emails the authors use are well-crafted,” Trend Micro wrote.

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Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs

eSecurity Planet

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. Insurers Assessing Risks.

Insurance 126
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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks. That’s a 29.1%

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Five Canadian Hospitals impacted by a ransomware attack on TransForm provider

Security Affairs

Five Canadian hospitals were victims of a ransomware attack, threat actors claim to have stolen data from them and leaked them. Five Canadian hospitals revealed they were victims of ransomware attacks after threat actors leaked alleged stolen data. The threat actors obtained the VPN credentials through phishing attacks.

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Checklist for Getting Cyber Insurance Coverage

Thales Cloud Protection & Licensing

Checklist for Getting Cyber Insurance Coverage. The necessity for cyber-insurance coverage. With cyber attacks amounting to a question of when and not if, cyber insurance becomes crucial for ensuring business continuity and mitigating the business impact of attacks – should they occur. Tue, 05/10/2022 - 05:43.

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How to handle a ransomware attack 

IBM Big Data Hub

It’s the news no organization wants to hear―you’ve been the victim of a ransomware attack, and now you’re wondering what to do next. Over 17 percent of all cyberattacks involve ransomware —a type of malware that keeps a victim’s data or device locked unless the victim pays the hacker a ransom.