In a year when they were already dealing with COVID-19 and then accusations that a teacher had improper emails with students, Union Community School District in Iowa found itself with a third major challenge — a ransomware attack. But whereas the district has publicly acknowledged and discussed its response to the first two challenges, they…
Search Results for: ransomware
Babuk re-organizes as Payload Bin, offers its first leak
At the end of April, threat actors known as Babuk indicated that they were closing up shop and switching to a different model: Babuk changes direction, we no longer encrypt information on networks, we will get to you and take your data, we will notify you about it if you do not get in touch…
Claiming to be the “new generation,” threat actors declare, “No more discounts or long negotiations”
This week saw the emergence of a new group calling themself “Pay or Grief.” Or maybe they call themselves “Grief” or “Grief_List.” I really am not sure because they haven’t responded to simple questions like “What do we call you?” In any event, DataBreaches.net noted two of their attacks and now SuspectFile was able to…
Caravus impacted by Netgain Technology breach because vendor failure to destroy legacy data
I’ve continued to add updates to a post about the Netgain Technology breach. Keep in mind that the ransomware incident occurred in November, 2020, and since January, we have seen entities disclosing the incident. But one disclosure today is somewhat frustrating to read — and not just for the delay in notification, but for the…
Colonial Pipeline Accused of Negligence in Proposed Class Action
Jake Holland reports: Colonial Pipeline Co. and its owners acted negligently by employing lax cybersecurity standards that left the company vulnerable to a massive ransomware attack, a proposed Georgia federal court class action alleges. The company breached its duty to employ industry security standards, and that failure translated into system outages that harmed consumers by raising…
After going up, up, up, will ransom payments in healthcare and education sectors start dropping?
Key points: More than half of ransomware victims reportedly pay ransom, but there is an absence of quality data and reporting that would enable better analyses. As payouts have increased, the number of customers electing to have cyberinsurance coverage (the take-up rate) has increased, although SMBs lag behind mid- to large-sized entities. As payouts have…