Carolyn Cohn reports: Global cyber reinsurance rates have soared by up to 40% in the July renewal season, reinsurance broker Willis Re said on Thursday, as ransomware attacks increase in number and severity. The average ransom payment made by a business to restore data after a cyber attack was $220,000 in the first quarter, up…
Category: Malware
Dutch police seize server of DarkSide ransomware group
Tweakers reports: The Dutch police confiscated a server of the DarkSide group and obtained terabytes of stolen data. DarkSide was also behind the attack on an American oil pipeline company, but no data has been obtained. The data on DarkSide’s server was not encrypted and the police were therefore able to investigate the information. Police found no…
Japan’s “K” Line Apologizes for Second Cyberattack in Months
The Maritime Executive reports: Japanese shipping company Kawasaki Kisen Kaisha, known as “K” Line issued a brief statement today confirming that its computer systems have once again been breached with “unauthorized access to overseas subsidiary systems.” One of Japan’s oldest and largest shipping companies, with a fleet of more than 400 ships, “K” Line had…
Blackbaud must face data breach claims over 2020 ransomware attack
Sara Merken reports: (Reuters) – A South Carolina federal judge is allowing multidistrict data breach litigation against software company Blackbaud Inc to go forward, finding the plaintiffs have sufficiently alleged standing to keep the case on track. The Thursday decision from U.S. District Judge J. Michelle Childs in Columbia comes in litigation against Charleston-based Blackbaud, which was…
WA: Ransomware attack may have exposed information on over 16,000 workers, state says
Martin Bilbao reports: Sensitive information on over 16,000 workers may have been exposed in a ransomware attack on a Renton market research company’s data system. Pacific Market Research (PMR) “recently notified” the Washington state Department of Labor and Industries, one of its clients, about the May 22 attack, according to a Thursday L&I news release….
Kaseya supply chain attack delivers mass ransomware event to US companies
Kevin Beaumont (@Gossithedog) writes: Kaseya VSA is a commonly used solution by MSPs — Managed Service Providers — in the United States and United Kingdom, which helps them manage their client systems. Kaseya’s website claims they have over 40,000 customers. Four hours ago, an apparent auto update in the product has delivered REvil ransomware. By…