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 […]
Posts Tagged ‘Fraud Management’
Schneider Electric built its business on manufacturing circuit breakers and other electrical parts, but nowadays it also helps clients go green. The company collects data from more than 2,000 companies in its Resource Advisor software to track energy consumption, emissions and their overall sustainability scores. The company said Tuesday that a ransomware attack has locked […]
Category Cyber-crimeMalware
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The ubiquity and anonymity of cryptocurrencies are fueling economic, legal and ethical challenges that put healthcare entities in the crosshairs of cybercriminals, said David Hoffman, general counsel of Claxton-Hepburn Medical Center, which recently filed a lawsuit against ransomware gang LockBit. “I’m frankly enraged that as a global society we have endorsed and, in fact, promoted […]
Category Data lossThreats & Malware
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MONDAY, MARCH 10, 2025
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