Ransomware groups hope threats are enough to sway victims so they don't have to follow through. For victims who pay ransoms, the results are almost guaranteed to be less than advertised - more akin to buying a pig in a poke than a contractual guarantee of service.
For the love of humanity, please stop playing into ransomware groups' hands by treating their data leak blogs as reliable sources of information and then using them to build lists of who's amassed the most victims. That's not what data leak sites actually document.
It's critical for hospitals and other firms to not only prepare for how they will respond to a cyberattack but also to consider the regional impact if a neighboring provider of services needed in the community is disrupted by a serious cyber incident, said Margie Zuk of Mitre.
LockBit ransomware affiliate Mikhail Vasiliev on Tuesday received a nearly four-year prison sentence in Canada and consented to extradition to the United States, where he faces charges of conspiracy to commit computer intrusion. He must also pay CA$860,000 in restitution to his Canadian victims.
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The vast healthcare ecosystem disruption caused by the recent attack on Change Healthcare, which affected more than 100 of the company's IT products and services, underscores the concentrated cyber risk when a major vendor suffers a serious cyber incident, said Keith Fricke, partner at tw-Security.
Ransomware groups may come and go, but often it's only in name, as the individuals involved will move on to power whatever group remains a going concern. Cue a reported flow of top talent from LockBit, which was recently disrupted by law enforcement, to Akira, which is apparently alive and well.
The Department of Health and Human Services is working on grant programs and other financial programs to help under-resourced healthcare organizations deal with the cybersecurity challenges they're facing, said La Monte Yarborough, CISO and acting deputy CIO at HHS.
The healthcare sector needs a 911-style cyber civil defense system that can help all segments of the industry, including under-resourced groups, to more rapidly and effectively respond to cyberattacks and related incidents, said Erik Decker, CISO of Intermountain Health and a federal cyber adviser.
The Change Healthcare attack is already providing valuable lessons to healthcare firms - mostly about the importance of resilience, especially when it comes the industry's supply chain and third parties, said Nitin Natarajan, deputy director of the Cybersecurity and Infrastructure Security Agency.
The Conservative government of British Prime Minister Rishi Sunak says it won't champion a reinsurance plan for cyber insurance similar to flood insurance, telling a parliamentary committee it doesn't want to "damage competition." Global ransomware payments surged to record levels during 2023.
UnitedHealth Group expects some key IT systems and services affected by the recent cyberattack on its Change Healthcare unit to regain functionality over the next week to 10 days. Certain pharmacy services are already restored. But the American Medical Association is not impressed.
In the latest weekly update, ISMG editors discussed the cyberattack that's sending shock waves through the U.S. healthcare sector, Palo Alto's strategic pivot and its far-reaching implications for the industry, and new developments in tech and journalism at Information Security Media Group.
As ransomware groups are causing massive damage and disruption and showing no signs of stopping, cybersecurity policy expert Ciaran Martin said it's time for governments to start asking tough questions and "figure out how to make a ransomware payments ban work."
A Chicago children's hospital has finally restored access to its electronic health records systems following a cyberattack detected in late January. But the pediatrics hospital is still working to bring its MyChart patient portal and various other systems back online.
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