Ransomware Impacts

Experts warn that Hive ransomware gang can detect unpatched servers

Venture Beat, April 25, 2022

The Hive threat group has been targeting organizations across the finance, energy and healthcare sectors as part of coordinated ransomware attacks since June 2021.

During the attacks, the group exploits ProxyShell vulnerabilities in MSFT Exchange servers to remotely execute arbitrary commands and encrypt the data of companies with this unique ransomware strain.

Read full Venture Beat article.

Conti’s Ransomware Toll on the Healthcare Industry

Krebson Security, April 18, 2022

One of the most ruthless and successful Russian ransomware groups — publicly declared during the height of the COVID-19 pandemic that it would refrain from targeting healthcare providers. But new information confirms this pledge was always a lie, and that Conti has launched more than 200 attacks against hospitals and other healthcare facilities since first surfacing in 2018 under its earlier name, “Ryuk.”

Read full Krebson Security article.

Ransomware payments hit new records as Dark Web leaks climb

Security Brief, April 13, 2022

Ransomware payments hit new records in 2021 as cybercriminals increasingly turned to Dark Web leak sites where they pressured victims to pay up by threatening to release sensitive data, according to research from Unit 42 by Palo Alto Networks.

The average ransom demand in cases worked by the Palo Alto Networks Unit 42 security consultants rose 144% in 2021 to $2.2 million, while the average payment climbed 78% to $541,010, the report found.

Read full Security Brief article.

Healthcare Data Breach Lawsuits On the Rise, Report Shows

Health IT Security, April 11, 2022

As healthcare data breaches continue to impact small and large organizations across the country, accompanying data breach lawsuits are becoming increasingly common. Law firm BakerHostetler’s latest data security incident report showed an increase in duplicative lawsuits, often resulting in steep defense and settlement costs.

Read full Health IT Security article.

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