Insurance Journal reports: Merck & Co. Inc. has reportedly reached a deal with insurers over a closely-watched coverage dispute related to a massive cyberattack in 2017. The New Jersey Supreme Court in July 2023 agreed to hear the case after a state appeals court ruled months prior against eight insurers, finding that a hostile/warlike action exclusion in…
Category: Malware
Swedish Retail and Grocery Provider Coop Hit by Cactus Ransomware Gang
Pierluigi Paganini reports: Coop is one of the largest retail and grocery providers in Sweden, with approximately 800 stores across the country. The stores are co-owned by 3.5 million members in 29 consumer associations. All surplus that is created in the business goes back to the members or is reinvested in the business, which creates a…
The State of Ransomware in the U.S.: Report and Statistics 2023
Data analyses and commentary by Emsisoft begins: “From 2016 to 2021, we estimate that ransomware attacks killed between 42 and 67 Medicare patients.” — McGlave, Neprash, and Nikpay; University of Minnesota School of Public Health1 In 2023, the U.S. was once again battered by a barrage of financially-motivated ransomware attacks that denied Americans access to…
Parathon by JDA e-Health: what we still don’t know about their July ransomware incident
On August 1, DataBreaches noticed that Parathon by JDA e-Health had been listed on the Akira ransomware leak site. Neither Akira nor Parathon responded to DataBreaches’ inquiries at the time, as DataBreaches reported on August 6. On October 30, Parathon issued a notice of security incident. The notice stated, in part: On July 27, 2023,…
Russian hackers believed to be behind cyber attack on Victoria’s County Court
Ben Knight and Harrison Tippet report: Victoria’s court system has been hit by a ransomware attack, which independent experts believe was orchestrated by Russian hackers. A spokesperson for Court Services Victoria (CSV) said hackers accessed an area of the court system’s audio-visual archive. That would mean recordings of hearings including witness testimony from highly sensitive…
ChatGPT-aided ransomware in China results in four arrests as AI raises cybersecurity concerns
Coco Feng reports: Four cyber attackers in China have been arrested for developing ransomware with the help of ChatGPT, the first such case in the country involving the popular chatbot that is not officially available locally. The attack was first reported by an unidentified company in Hangzhou, capital of eastern Zhejiang province, which had its systems…