Microsoft: Healthcare Sees 300% Surge in Ransomware Attacks

October 24, 2024 at 05:19PM A recent study reveals that nearly 400 US healthcare organizations experienced ransomware attacks this fiscal year, leading to compromised data, operational disruptions, and increased patient volume. The average ransom paid has reached $4.4 million, highlighting healthcare’s vulnerability and the involvement of various nation-state actors in these cyberattacks. **Meeting Takeaways:** 1. … Read more

Healthcare IT Help Desk Employees Targeted in Payment-Hijacking Attacks

April 8, 2024 at 09:54AM Healthcare and public health (HPH) organizations are being targeted by threat actors aiming to infiltrate corporate networks and divert payments. The US Department of Health warns of a recent attack in which an IT help desk employee was impersonated over the phone to gain network access and initiate unauthorized payment … Read more

Ransomware payment rates drop to new low – only 29% of victims are forking over cash

January 31, 2024 at 02:20PM Ransomware payments dropped to 29% in Q4 2023, down from 85% in 2019. Coveware attributes the decline to increased awareness and reluctance to trust data kidnappers due to high-profile incidents where payments led to nothing. A payment ban is discouraged, with reporting requirements and changing victim incentives seen as more … Read more