Leveraging Knowledge to Manage Your Data Risks
Trucking company Forward Air revealed in a filing with the Securities and Exchange Commission that it suffered a ransomware attack in December 2020 (reportedly by Hades), which caused business disruption as it was forced to “suspend its electronic data interfaces with its customers.” The attack also inhibited its ability to release freight for transport.
Forward…
On September 22, 2021, the Federal Bureau of Investigations (FBI), the Cybersecurity and Infrastructure Security Agency (CISA) and the National Security Agency (NSA) issued a cybersecurity advisory alerting companies to the threat of Conti ransomware.
According to the advisory, CISA and the FBI are aware of more than 400 attacks of Conti ransomware against both…
Although executives of organizations report that ransomware is their number one security concern, and 87 percent of them expect an increase in cyber-attacks against their organizations over the next year, only one-third of them said they had conducted a tabletop exercise to prepare for a ransomware attack.
According to a survey of 50 executives, Deloitte…
According to a report issued on August 24, 2021, by Unit 42 of Palo Alto Networks Ransomware Groups to Watch: Emerging Threats, four emerging ransomware groups “are currently affecting organizations and show signs of having the potential to become more prevalent in the future.”
The four emerging groups identified by Unit 42 include:
AvosLocker,…
This week the Federal Communications Commission (FCC) proposed its highest financial penalty against lobbyist and political consultant group, John M. Burkman, Jacob Alexander Wohl, and J.M. Burkman & Associates LLC (the Group), for allegedly making over 1,000 robocalls to voters without obtaining prior express consent as required by the Telephone Consumer Protection Act (TCPA). The…
Researchers at Heimdal Security have detected a new ransomware dubbed DeepBlueMagic. According to Heimdal, it is particularly concerning because it is able to disable security tools that companies have employed in order to avoid detection. After the security tools are disabled, the ransomware is deployed and encrypts entire hard drives, except for the system drive.…
Blackbaud, which suffered a data breach of its customers’ data in a ransomware attack in 2020, in which it admitted paying the ransom in a double extortion attack [view related posts], is facing multiple class action cases following the attack. The cases have been consolidated in multi-district litigation and now comprise 29 cases.
The…
Eskenazi Health in Indianapolis has been diverting emergency department patients arriving by ambulance to other area hospitals since it shut down its network following a ransomware attack on August 4, 2021. The diversion is “out of an abundance of caution and to maintain the safety and integrity of our patient care” according to a hospital…
On July 19, 2021, the Federal Bureau of Investigations issued a Private Industry Notification to service providers and “entities associated with the Tokyo 2020 Summer Olympics that cyber actors who wish to disrupt the event could use distributed denial of service (DDoS) attacks, ransomware, social engineering, phishing campaigns, or insider threats to block or disrupt…
Ransomware attacks are frequent and escalating as we speak. Double extortion scams are hitting companies at a dizzying pace, and catching companies, large and small, off-guard. U.S. President Joseph Biden warned Russian President Vladimir Putin to knock it off during their first summit [view related post]. Nonetheless, and not surprisingly, the attacks continue, particularly…
