Australian health insurer Medibank says it received a ransomware demand from hackers asserting to have stolen data during a cybersecurity incident the company detected on Oct. 12. "Based on our ongoing forensic investigation we are treating the matter seriously at this time," the company says.
Ransomware groups come and go, but the individuals behind them often take their skills to fresh operations, like Evil successors Ransom Cartel, BlogXX and Spectre and Conti spinoffs Quantum, Roy/Zeon and Silent Ransom. Conti successors have latched onto "callback phishing" to boost fraying profits.
Cyberattacks on healthcare entities result in poor patient outcomes, including delayed procedures and even a rise in mortality, according to a recent survey conducted by research firm the Ponemon Institute. Ryan Witt of Proofpoint, which sponsored the study, discusses the findings.
Multifactor authentication needs to move away from one-time passwords sent via text message and embrace modern standards that prevent man-in-the-middle attacks. Plus, excessive identity challenges online lead to 20% of e-commerce transactions being abandoned, say experts at Authenticate 2022.
A European ring of auto thieves used software branded as a diagnostic tool to perform fobless thefts of cars made by two French manufacturers. It looks as if the thieves found a vulnerability in the electronic control unit governing the authorization of new key fobs.
Days of accusations that the longtime head of the German government agency responsible for securing the government from cyberthreats has ties to Russia ended with his dismissal. Arne Schönbohm "damaged ... public confidence," said a spokesperson for the Ministry of the Interior.
Personal data from MyDeal, a marketplace owned by Australia's Woolworths Group grocery chain, has appeared for sale on a data leak forum. It comes as wine retailer Vinomofo disclosed a breach and as the Optus telecommunications breach continues to fuel data security concerns in Australia.
Multifactor authentication was supposed to be the standard, but the sharp rise in highly successful MFA bypass attacks shows the industry needs to go further in verifying identities. Keynote speakers at Authenticate 2022 said the future of passwordless technology could answer this latest threat.
A new round of Pegasus infections among journalists and a human rights activist is sending shock waves into Mexican politics as the attorney general's office says it is investigating the previous presidential administration's purchase of the smartphone spy app.
In the latest "Proof of Concept," Lisa Sotto of Hunton Andrews Kurth LLP and former CISO David Pollino join ISMG editors discuss the first California consumer protection fine issued against retailer Sephora, defending against new ransomware tactics, and mitigating the impact of Zelle scams.
Australian health insurer Medibank told investors it stopped a probable ransomware attack before the attack could steal data or maliciously encrypt its systems. Australia has been undergoing an apparent spate of data breaches that continues with a breach of email addresses at e-commerce site MyDeal.
Decentralized finance exchange Mango Markets is set to pay $47 million as a bug bounty to the hacker who stole $117 million in digital assets on Wednesday, after 96% of the governance voted in favor of the deal. Mango Markets is a trading platform riding on the Solana blockchain.
Australian health insurer Medibank Group says it has found no evidence of data compromise following its Wednesday detection of unusual network activity. The company, which serves nearly 4 million Australians, restored access to its policy websites on Friday.
Since credential leaks are so common in cybersecurity incidents and breaches, how is it even possible to protect identities? Corey Nachreiner of WatchGuard Technologies shares strategies for how enterprises can upgrade their approach to identity security.
Our website uses cookies. Cookies enable us to provide the best experience possible and help us understand how visitors use our website. By browsing bankinfosecurity.co.uk, you agree to our use of cookies.