Reuters reports: The European Central Bank said on Friday it had fined Spanish bank Abanca for its delay in reporting a cyber attack that forced it to suspend its main means of payment in 2019. “The bank’s omission hindered the ECB’s ability to properly assess Abanca’s prudential situation and to react in a timely manner…
Category: Of Note
CMS Responding to Data Breach at Subcontractor
I cannot remember any other breach where CMS actually issued those affected new Medicare numbers and cards, but it happened in this one: A Centers for Medicare and Medicaid (CMS) subcontractor was the victim of a ransomware attack in October. The full press release follows: The Centers for Medicare & Medicaid Services (CMS) is responding…
T-Mobile Data Breach Win Paves Path for Cyber Insurance Disputes
Daphne Zhang reports: T-Mobile US Inc.’s recent cyber insurance victory in Washington state court helps clear the way for organizations to use third-party data breach settlement payments to satisfy skyrocketing cyber insurance deductibles. The Nov. 28 Washington appeals court ruling held that the telecom giant satisfied a $10 million deductible under a cyber policy with a Zurich…
Public Notice: Disruptions and delays in services at the Queen Elizabeth Hospital Barbados
December 13: The Public is advised that the QEH is currently Investigating a cyber security incident on its Internet network. A number of areas appears to have been affected. There will be disruptions and delays in services, the duration of which is unknown at this time. The hospital’s IT Department in conjunction with MIST and…
Cost of HSE cyberattack by Conti rises to €80m, letter shows
Jennifer Bray reports: The cost of the cyberattack on the Health Service Executive has risen to €80 million, according to new information. In a letter to Aontú leader Peadar Tóibín last Friday, HSE chief information officer Fran Thompson said that the costs came to more than €42 million in 2021 and to nearly €39 million…
HC3: Analyst Note: Royal Ransomware
December 07, 2022 TLP:CLEAR Report: 202212071400 Executive Summary Royal is a human-operated ransomware that was first observed in 2022 and has increased in appearance. It has demanded ransoms up to millions of dollars. Since its appearance, HC3 is aware of attacks against the Healthcare and Public Healthcare (HPH) sector. Due to the historical nature of…