UnitedHealth Group, parent company of Optum and Change Healthcare, has confirmed that it paid the ransom demands of the cybercriminals behind the late February incident that led to widespread service outages in the U.S. healthcare industry. In a statement to Bleeping Computer, UHG said, “A ransom was paid as part of the company’s commitment to […]
Ransomware payments hit an all-time high of $1.1 billion in 2023, following a steep drop in total payouts in 2022. Some factors that may have contributed to the decline in 2022 were the Ukraine conflict, fewer victims paying ransoms and cyber group takedowns by legal authorities. In 2023, however, ransomware payouts came roaring back to […]
Expect attackers to continue refining their tactics for maximizing profits via a grab bag of the same strategies, including forcibly encrypting systems and charging for a decryptor, stealing data and threatening to dump it, creating scary public personae, or a combination of the above. LockBit, which was disrupted this week by law enforcement, is one […]
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