Articles with #RansomwareEvasion

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darkreading on in hacking
#RansomwareEvasion #CyberInsure #ThirdPartyRiskMatters #DataBreaches #InsuranceClaims #TechSafetyTips #CybersecurityNews #RansomwarePrevention #ProtectYourself #DataProtectionMatters #CybersecurityAwareness #InsuranceExposure #ThirdPartyBreach #CyberInsurerAlert #OnlineSecurityTrends

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Summary

The growing phenomenon of ransomware has taken a significant toll on the global cybersecurity landscape, with an alarming number of claims filed by cyber-insurers. While cyber-insurers have reported a substantial rise in ransomware-related insurance claims, a closer examination reveals that the majority of losses stem from third-party breaches affecting policyholders.

This suggests that the primary concern lies not with the initial ransom demands, but rather with the far-reaching consequences of compromised third-party systems. As the cyber-insurance market continues to grapple with this issue, it is essential to consider potential implications for both policyholders and the industry as a whole.

This includes reevaluating existing insurance policies, investing in robust cybersecurity measures, and fostering greater collaboration between stakeholders to prevent future breaches.

Data collected by cyber-insurers show that ransomware accounts for the majority of insurance claims, but that much of the losses stem from third-party breaches affecting policyholders....

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#CyberSecurityAlert #CheckPointFlaw #ShadowPadAttack #RansomwareEvasion #GreenNailaoThreat #HealthcareCyberRisk #VulnerabilityAssessment #PatchManagementMatters #EuropeanHealthcareUnderAttack #PlugXExploitation #NailaoLockerRansomware #CybersecurityLapse #PatientDataProtection #SectorSecurityPrioritization #InfosecNews

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Summary

R A recent threat activity cluster, codenamed Green Nailao by Orange Cyberdefense CERT, has targeted European healthcare organizations with a sophisticated campaign. The attackers exploited a now-patched security flaw to deploy malicious software, including PlugX and its successor ShadowPad.

This initial breach led to the deployment of ransomware in some cases.The use of exploit kits to take advantage of known vulnerabilities is a common tactic among cybercriminals. In this case, the attackers successfully leveraged the unpatched security flaw to gain unauthorized access to targeted systems.The Green Nailao campaign serves as a reminder of the ongoing threat landscape and the need for organizations to prioritize cybersecurity.

Implementing timely patching, updating software regularly, and maintaining robust security measures can help prevent similar incidents in the future.

A previously unknown threat activity cluster targeted European organizations, particularly those in the healthcare sector, to deploy PlugX and its successor, ShadowPad, with the intrusions ultimately ...

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