The Economist reports: It is the deterrent rocket force of our age,” gushed one columnist. “Cyber divisions are worth more than aircraft carrier[s] or nuclear weapons.” He was referring to Britain’s National Cyber Force (ncf), created in 2020 with a mission to “disrupt, deny, degrade” in cyberspace. Now the ncf is opening up to dispel such fantasies. On…
Category: Commentaries and Analyses
HIPAA Data Breach Costs Company Nearly $300,000 In DOJ False Claims Act Settlement
Stacy L. Cook and Iqra Mushtaq of Barnes & Thornburg LLP write: On March 14, 2023, the U.S. Department of Justice (DOJ) announced the settlement of a case involving alleged violations of the False Claims Act (FCA) as a result of cybersecurity failures and breach of HIPAA-protected health information. Obtained under the Civil Cyber-Fraud Initiative, this settlement emphasizes…
UnitedLex hit by d0nut ransomware team, 200 GB of corporate files leaked (update4)
The d0nut ransomware team seems to be ramping up their activity and leaks. Last week, they contacted DataBreaches about Montgomery General Hospital in West Virginia. Today, they reached out to this site about UnitedLex, a firm that describes itself as helping legal teams modernize “with a consultative framework that brings together legal subject matter expertise,…
New Money Message ransomware demands million dollar ransoms
Bill Toulas reports: A new ransomware gang named ‘Money Message’ has appeared, targeting victims worldwide and demanding million-dollar ransoms not to leak data and release a decryptor. The new ransomware was first reported by a victim on the BleepingComputer forums on March 28, 2023, with Zscaler’s ThreatLabz soon after sharing information on Twitter. Read more at BleepingComputer. As…
Rorschach – A new sophisticated and fast ransomware
Research by: Jiri Vinopal, Dennis Yarizadeh and Gil Gekker Key Findings: Check Point Research (CPR) and Check Point Incident Response Team (CPIRT) encountered a previously unnamed ransomware strain, we dubbed Rorschach, deployed against a US-based company. Rorschach ransomware appears to be unique, sharing no overlaps that could easily attribute it to any known ransomware strain. In addition, it…
Unpacking the Structure of Modern Cybercrime Organizations
David Sancho, Mayra Rosario Fuentes report: The last 20 years have seen the cyberthreat landscape transform markedly: From an era of cyberattacks with damaging payloads, the cybercrime space has evolved to one where malicious actors have organized themselves into groups, mainly driven by financial gain. Consequently, organizations now contend with a new breed of cybercriminals…