Ransomware Impacts

Employees cause more cyber breaches in healthcare than other industries, report finds

Healthcare Dive, May 24, 2022

Cybersecurity breaches in healthcare hit a high last year, compromising a record volume of patient data. External threats like ransomware continue to drive concerns in the industry, with stressors like chronically underfunded security measures, the potential for Russian cyberattacks and the rise of an “exceptionally aggressive” ransomware group in 2022.

Read full Healthcare Dive article.

Use of Cryptocurrency in Ransomware Attacks, Available Data, and National Security Concerns

Homeland Security & Governmental Affairs, May 23, 2022

Ransomware is a dangerous form of cyber-attack where threat actors prevent access to computer systems or threaten to release data unless a ransom is paid. It has the power to bankrupt businesses and cripple critical infrastructure – posing a grave threat to our national and economic security. The use of cryptocurrencies has further enabled ransomware attacks, particularly because cryptocurrency is decentralized and distributed and illicit actors can take steps to obscure transactions and make them more difficult to track.

Read full HSGAC Majority Cryptocurrency Ransomware Report.

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