Ransomware Impacts

As fewer victims pay ransoms, Conti gang looks to sell victim data

SC Media, October 26, 2021

Conti is changing its business model. Rather than post leak data as a threat, Conti is now offering stolen data from victims who have not paid ransoms for sale to outside buyers. It may be the next evolution for ransomware gangs left with boatloads of unmonetized data after victims have become dramatically less likely to pay ransoms over just the past quarter.

Read full SC Media article.

Pandemic Plus Ransomware Is ‘Perfect Storm’ for Healthcare

Gov Info Security, October 22, 2021

Disturbing findings from a recent study examining the impact of ransomware attacks on patient care must serve as a wake-up call for the healthcare sector to intensify its preparedness to deal with such incidents, say Larry Ponemon of research firm Ponemon Institute and Ed Gaudet of security risk management firm Censinet. The two companies conducted and sponsored the research.

Read full Gov Info Security article.

Improving Cybersecurity to Protect Your Patients and Practice

Physician’s Weekly, October 21, 2021

Inadequate cybersecurity presents great risks to physicians, as healthcare is among the most targeted industries. Healthcare clinics and hospitals face cyberattacks almost daily. According to tech research company Comparitech, ransomware attacks rose a whopping 470% from 2019 to 2020, with more than 600 healthcare institutions and more than 18 million individual patient records falling victim to attacks. Hackers are particularly drawn to healthcare institutions due to their often archaic security software, as well as their tendency to under-prioritize cybersecurity.

Read full Physician’s Weekly article.

The Security Imperative In The Healthcare Industry: Steps To Defending Telehealth And Patient Portals Against Cyber Attacks

Forbes, October 21, 2021

The healthcare industry is one of the biggest targets for cybercriminals. In 2020, ransomware attacks alone cost the industry $20.8 billion in downtime, affecting well over 600 providers nationwide. The pandemic transformed the landscape for healthcare, with the rapid adoption of technology to support telehealth, and patient portals became the primary way to communicate with providers, access treatment plans and related documents and process payments.

Read full Forbes article.

Ransomware attacks, a growing threat that needs to be countered

United Nations Office on Drugs and Crime, October 18, 2021

The United Nations Office on Drugs and Crime (UNODC) delivered a practical regional training on ransomware investigations to law enforcement officers, computer security incident response teams, and prosecutors from Malaysia, the Philippines and Thailand.

The increased digitalization of society, compounded by the COVID-19 outbreak, has contributed to a recent 600% rise in cybercrimes in Southeast Asia.

Read full UNODC article.

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