More Ransomware Victims Are Declining to Pay Extortionists
The number of victims who opt to pay a ransom appears to have declined to a record low. During the last three months of 2023, an average of 29% of organizations hit by ransomware paid a ransom, said ransomware incident response firm Coveware, based on thousands of cases on which it worked. In the same…
DC Health Link Facing Lawsuits in Hack Affecting Congress
The online health insurance marketplace servicing residents of Washington, D.C., and staffers and members of the U.S. Congress is facing two proposed class action lawsuits in the aftermath of a hacking incident that affected at least 56,400 individuals. Some of the data stolen in the incident was posted for sale on the dark web earlier…
Ransomware Operators Leak Data Stolen From Wind Turbine Giant Vestas
Vestas became aware of the breach on November 19 and it immediately started shutting down IT systems. The company confirmed in late November that it had been hit by ransomware and that the breach resulted in internal files getting compromised. The firm said the incident did not impact wind turbine operations and nearly all systems…
Ransomware’s lucrative next stop? The Point of Sale
With the influx of credit card breaches over the past few years at major brands, hackers may have reached a point of supply exceeding demand, as awareness of breaches, security on credit cards, and excess supply have all led to a reported drop in prices on the dark web for stolen data. Researchers have seen…
North Korea Hacked Seoul’s War Plans: Report
North Korean computer hackers have stolen hundreds of classified military documents from South Korea including detailed wartime operational plans involving its US ally, a report said Tuesday. Rhee Cheol-Hee, a lawmaker for the ruling Democratic party, said the hackers had broken into the South’s military network last September and gained access to 235 gigabytes of…
Black market medical record prices drop to under $10, criminals switch to ransomware
The black market value of stolen medical records dropped dramatically this year, and criminals shifted their efforts from stealing data to spreading ransom ware, according to a report released this morning. Hackers are now offering stolen records at between $1.50 and $10 each, said Anthony James, CMO at San Mateo, Calif.-based security firm TrapX, the…
Where Cybercriminals Go To Buy Your Stolen Data
With nothing more than a standard Web browser, cyber-criminals can find personal, private information all over the public Internet. It isn’t just legitimate services – from genealogy sites to public records and social media – that can be mined and exploited for nefarious purposes. Openly malicious criminal activities are also happening on the public Internet….