Operating in an increasingly digital economy means businesses face a growing threat from cybercriminals looking to hold computer operating systems hostage until a ransom is paid. Businesses that suffer from such crimes have turned to their “all risk” insurance policies for assistance. Next week, the Supreme Court of Ohio will consider whether a Dayton-area company’s…
Category: Malware
Tenet Health cyberattack, monthlong outage led to $100M in ‘unfavorable impact’
Jessica Davis reports: The April “cybersecurity incident” that led to several weeks of downtime and service delays at Tenet Healthcare facilities caused $100 million in unfavorable impact. The hefty price tag was brought on by lost revenues from interruptions to business operations and remediation. Tenet is one of the largest hospital care service providers in…
An Entire Canadian Town Is Being Extorted By Ransomware Cyber Criminals
Lane Babuder reports: Ransomware attacks have been on the rise. This time around, the small Ontario, Canada town of St. Marys has been targeted. The ransomware organization behind the attack seems to be LockBit. So far though, no ransom has been paid. The town itself claims that most city functions are still operational and staff…
Pointer: RHC interviews LockBit 3.0. “The main thing is not to start a nuclear war”
There’s an interview with LockBit 3.0 on RedHotCyber. The original interview in English is below the Italian translation. You can find it all here.
CRCSD Employee: District still dealing with effects from “Security Breach”
KCRG reports: A bus driver for the Cedar Rapids Community School District told our KCRG-TV9 i9 Investigative Team the district’s computers and servers are still not working after the district closed due to a “cyber security incident” more than two weeks ago. Read more at KCRG.
Ca: Waterloo Region District School Board hit by cyberattack
Kate Bueckert reports: The Waterloo Region District School Board says it’s working to restore its IT system and safeguard personal information of staff, students and families after it was the target of a cyberattack. “We intend to do whatever is within our ability to resolve this issue,” said a statement from the board’s communications officer, Estefania…