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Cyber Crimes Ransomware Information Technology

Ankura

Cybercriminals Are Moving into the Cloud and Making Your Active Directory Their New Home

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Financially motivated cybercriminals are increasingly targeting Cloud environments in their ransomware and/or extortion attacks. The attack activity of two (2) threat groups in particular – Octo Tempest (AKA Scattered Spider)...more

Robinson+Cole Data Privacy + Security Insider

Scary Halloween News: Jumpy Pisces Using Play Ransomware to Attack Organizations

Unit 42 recently reported that it has identified “Jumpy Pisces, a North Korean state-sponsored threat group associated with the Reconnaissance General Bureau of the Korean People’s Army, as a key player in a recent ransomware...more

Robinson+Cole Data Privacy + Security Insider

Scattered Spider Using RansomHub and Qilin Ransomware Against Victims

We previously reported on the concerning mash-up of worldwide cybercriminals, known as Scattered Spider, working together to attack victims. New reports from Microsoft and others indicate that in the second quarter of...more

Patterson Belknap Webb & Tyler LLP

Recent Ransomware Attacks Highlight the Evolving Challenges in Responding to Cyber Extortion

A spate of recent ransomware attacks illustrates the increasingly difficult calculations that businesses face following the theft or encryption of their data....more

Health Care Compliance Association (HCCA)

Privacy Briefs: March 2024

Research from Guidepoint Security found that 2023 saw an 80% increase in ransomware activity year-over-year, driven in part by multiple mass exploitation campaigns impacting hundreds of organizations. In total, the report...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - February 2024 #2

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CYBERSECURITY - Ransomware Hitting U.S. Companies at Increasing Rate - Unfortunately, according to Unit 42 of Palo Alto’s recently published “Ransomware and Extortion Report,” ransomware groups had a good year in 2022....more

Robinson+Cole Data Privacy + Security Insider

Ransomware Hitting U.S. Companies at Increasing Rate

Unfortunately, according to Unit 42 of Palo Alto’s recently published “Ransomware and Extortion Report,” ransomware groups had a good year in 2022. They found that threat actors are using multi-extortion tactics to get paid...more

Robinson+Cole Data Privacy + Security Insider

Chinese Hackers Allegedly Use ChatGPT to Write Ransomware

Chinese authorities have arrested alleged hackers in what appears to be the first-ever reported case of hackers using AI to develop ransomware. These alleged hackers reportedly used ChatGPT to refine the code for their...more

Hinckley Allen

The 2023 Cyber Year in Review

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The Most Significant Developments in Cybersecurity and Cyber-Related Liability Risks - As we reflect upon 2023, it will unfortunately be remembered as a record-breaking year for ransomware and cybercrime....more

Robinson+Cole Data Privacy + Security Insider

40 Countries Including US Vow Not to Pay Ransomware

The United States joined 39 other countries this week in the International Counter Ransomware Initiative, an effort to stem the flow of ransom payments to cybercriminals. The initiative aims to eliminate criminals’ funding...more

Robinson+Cole Data Privacy + Security Insider

Resilience Midyear 2023 Claims Report: Ransomware Cybercriminals Shift Tactics

Resilience issued its Midyear 2023 Claims Report, which is well worth the read. In addition to commenting on the impact of the MOVEit incident, some of the key findings include...more

Robinson+Cole Data Privacy + Security Insider

Urgent Joint Cybersecurity Advisory on Atlassian Vulnerability Issued

The Cybersecurity & Infrastructure Security Agency, FBI, and MS-ISAC recently released an urgent Joint Advisory on the Atlassian Confluence Vulnerability CVE-2023-22515. According to the Alert, “this critical vulnerability...more

Robinson+Cole Data Privacy + Security Insider

HC3 Warns Healthcare Organizations of NoEscape Ransomware

On October 12, 2023, the Health Sector Cybersecurity Coordination Center (HC3) issued an Alert to the healthcare industry about a “new threat actor and ransomware,” NoEscape, which is threatening health care organizations....more

Robinson+Cole Data Privacy + Security Insider

CISA + FBI Issue Joint Advisory on AvosLocker Ransomware

The Cybersecurity & Infrastructure Security Agency (CISA) and the Federal Bureau of Investigation (FBI) released a Joint Cybersecurity Advisory on October 11, 2023, urging companies (particularly those in the critical...more

Robinson+Cole Data Privacy + Security Insider

Joint Advisory Warns of Snatch Ransomware

The FBI and CISA issued a Joint Cybersecurity Advisory “#StopRansomware: Snatch Ransomware” on September 20, 2023. The Advisory outlines the indicators of compromise and observed tactics, techniques, and procedures of Snatch...more

Robinson+Cole Data Privacy + Security Insider

Joint Commission Issues Alert on Patient Safety After a Cyber-Attack

On August 15, 2023, the Joint Commission issued a Sentinel Event Alert entitled “Preserving patient safety after a cyberattack,” which provides “tips on what organizations can do to prepare to deliver safe patient care in the...more

Robinson+Cole Data Privacy + Security Insider

Ransomware Group Uses Communication System of University

Threat actors never cease to find innovative ways to extort their victims. If only threat actors would use their creativity for good causes....more

Robinson+Cole Data Privacy + Security Insider

FIN7/Carbon Spider Attacks Veeam Backup Servers

Researchers at WithSecure cybersecurity firm have seen two malware attacks against Veeam Backup and Replication servers believed to be initiated by cybercrime group FIN7, also known as Carbon Spider, which has also been...more

Robinson+Cole Data Privacy + Security Insider

Clop Claims Zero-Day Attacks Against 130 Organizations

Russia-linked ransomware gang Clop has claimed that it has attacked over 130 organizations since late January, using a zero-day vulnerability in the GoAnywhere MFT secure file transfer tool, and was successful in stealing...more

Jones Day

French Law Authorizes Insurability of "Cyber-Ransoms" Paid by Victims, Subject to Prompt Filing of Complaint

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France's Orientation and Programming Law of the Ministry of the Interior ("LOMPI law"), published in the Official Journal of January 25, 2023, amends the insurance coverage of losses and damages paid in response to...more

Burr & Forman

Hacking the Hive: How It Can Help Businesses

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Businesses can breathe a little easier now that one of the world’s top five ransomware networks, the Hive, has been infiltrated and disbanded by the FBI....more

EDRM - Electronic Discovery Reference Model

What the Heck is Going on with Legal Industry Data Breaches

With Memorial Day weekend behind us, many people are celebrating the unofficial start of summer. And summer is almost always a blessing—nicer weather, beach vacations, shorter Fridays (if you’re lucky)—you’ve got to think...more

Clark Hill PLC

The HSE Cyberattack: Lessons Learned

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In this article, we look at the 2021 cyberattack on the Health Service Executive (“HSE”), the national healthcare provider for Ireland, and what lessons have been learned from that crisis one year post-incident....more

Robinson+Cole Data Privacy + Security Insider

U.S. Agricultural Machinery Manufacturer Hit with Ransomware Attack

This week, AGCO, a U.S. agricultural machinery manufacturer, suffered a ransomware attack that affected its business operations and shut down its systems. AGCO, headquartered in Duluth, Georgia, designs, produces, and...more

Fenwick & West LLP

To Pay or Not to Pay: Five Critical Approaches to Beating a Ransomware Threat

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It’s the call you hope you never get. Your company has been hit with a ransomware attack. Your systems are offline. Your customer data was stolen by an unknown threat actor who is threatening to leak it. You have lots of...more

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