ransomware attack

Healthcare providers across the United States are struggling to get paid following the week-long ransomware outage at a key tech unit of UnitedHealth Group, with some smaller providers saying they are already running low on cash.Large hospital chains are also locked out of processing payments with some absorbing the upfront costs of being unable to collect, according to the American Hospital Association (AHA), which represents nearly 5,000 hospitals, healthcare systems, networks, and other providers.Reuters could not…

Top American lender Bank of America has named Infosys McCamish Systems (IMS), the US subsidiary of Indian software services giant Infosys, as the source of a data leak owing to a ransomware attack suffered by over 57,000 of its users in November, according to documents reviewed by ET.“On or around November 3, 2023, IMS was impacted by a cybersecurity event when an unauthorized third party accessed IMS systems, resulting in the non-availability of certain IMS applications. On November 24, 2023, IMS told Bank of America…

Ransomware payments skyrocketed in 2023, hitting a record-high $1.1 billion extorted from targets of the schemes, according to a Chainalysis report released Wednesday.  The New York-based firm’s report details ransomware actors going after companies such as British Airways, as well as targeting infrastructure that yielded a surge of ransom payments. The 2023 figure is a vast increase from the $567 million extorted in 2022, indicating that ransomware is “an escalating problem,” according to the report.…

In a shocking event, Trello users have become the latest victims of a massive data breach where the hacker accessed a huge number of users' data containing information such as emails, usernames, full names and other credentials. Trello is a widely used platform by organisations due to its project and task management capabilities, however, the data breach is concerning as the Trello data leak could lead to a massive cyber attack on companies and their employees. Check what happened in this most recent cybercrime.Trello…

Image Source : FILE Representational Image A colossal database, dubbed the "Mother of all Breaches," containing a staggering 26 billion leaked records, has been uncovered on an unprotected page. Reportedly, this discovery is considered the largest breach to date, revealing sensitive information from major platforms such as Twitter, Dropbox, LinkedIn, Tencent, Weibo,…

HCLTech said on Wednesday that one of its isolated cloud environments was subject to a ransomware attack and the company is investigating the matter. “This is to inform you that HCLTech has become aware of a ransomware incident in an isolated cloud environment for one of its projects. There has been no impact observed due to this incident on the overall HCLTech network,” the Noida-based company said in an exchange filing on Wednesday. Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

The cyberattacks on organisations including All Indian Institute of Medical Sciences (AIIMS), Indian Council of Medical Research (ICMR) and Taj Hotels this year were just a drop in the ocean; nearly 73% of mid and large-sized organisations in the country were hit by a ransomware attack in 2023, a survey has revealed. Nearly 44% of these organisations ended up paying ransom ranging between $100,000-$500,000, as per the survey by cybersecurity firm Sophos.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

The Indian cyberspace has seen nearly double the number of cyber incidents as compared to the global average, National Cybersecurity Coordinator MU Nair said on Sunday. Addressing a session on 'Aligning Technologies to Future Conflicts' at the Synergia Conclave 2023, Nair said ransomware attack payments of nearly $1.54 billion have been made on an average over the past 10 months, which has doubled since 2022. "These payments are just the tip of an iceberg since several of these incidents go unreported," he said. Nair said…

The cyberattack that paralyzed several major Australian ports was a sharp reminder of what governments and experts say is a growing threat to shipping, the lifeblood of the global economy.The attack on DP World's ports -- which handle 40 percent of Australia's freight trade -- forced them offline for days and was the latest in a series of breaches at ports around the world in recent years. - Who has been targeted? -Cyberattacks have disrupted or halted operations at some of the world's busiest ports in recent years. A…

An Internet ransomware virus 'Akira' that steals vital personal information and encrypts data leading to extortion of money from people has been reported in the cyberspace, the country's federal cyber security agency has said in a latest advisory. This computer malware is targeting Windows and Linux-based systems, it said. "A recently emerged ransomware operation dubbed Akira is reportedly active in cyberspace. This group first steals the information from victims, then encrypt data on their systems and conducts double…