Catalin Cimpanu reports: Online betting company SBTech will have to place $30 million in escrow as insurance for covering the fallout from a suspected ransomware infection. The company agreed to do so as part of re-negotiated acquisition terms with Diamond Eagle Acquisition Corporation (DEAC), a blank-check company that acquired SBTech and rival platform DraftKings and…
Category: Malware
A Hacker’s Scheme is “Forthright;” Thus, No Computer Fraud Coverage for Ransomware Attacks
From the good-to-know dept., Timothy A. Carroll and Joshua A. Mooney of White and Williams LLP write: A computer hacker may engage in malicious and criminal conduct, but that doesn’t mean that the conduct is “fraudulent.” In G&G Oil Company v. Continental Western Ins. Co., 2020 Ind. App. LEXIS 126 (Ind. Ct. App. Mr. 31, 2020),…
DoppelPaymer team leaks Boeing, Lockheed Martin, SpaceX, documents after Visser Precision refuses to pay
Shaun Nichols and Gareth Corfield report: Internal confidential documents belonging to some of the largest aerospace companies in the world have been stolen from an industrial contractor and leaked online. The data was pilfered and dumped on the internet by the criminals behind the DoppelPaymer Windows ransomware, in retaliation for an unpaid extortion demand. Read…
London firm on standby to test therapeutics for COVID19 notifies volunteers about March attack by Maze Team
Hammersmith Medicines Research (HMR) in London takes pride in their record as specialists in pharmacology phase 1 and early phase 2 clinical trials — the kinds of trials that are needed before new medications can be approved for use by the public — and the kinds of trials that will be needed if new therapeutics…
Delaware urology practice hit with ransomware in January
On March 27, Brandywine Urology Consultants in Delaware began notifying the U.S. Department of Health and Human Services (HHS) and their patients about a ransomware attack. The attack occurred on January 25, and the practice became aware of it on January 27. Importantly, they state that the electronic medical records system (“EMR”) was not attacked…
Another COVID-19 Research Firm Targeted by Ransomware Attack
The Hammersmith Medicines Research (HMR) facility in London is not the only firm working on research to understand or treat COVID-19 that has been recently attacked with ransomware. While Maze Team attacked HMR in March, another team using Sodinokibi ransomware (the REvil team) was attacking 10x Genomics in California. The attack was disclosed on April…