About 20% of new companies created in the U.K. every day - or some 800 firms - are scams. These fake businesses are being created from an ocean of stolen high-quality data related to real people, making it hard to spot the fraudsters, said Graham Barrow, director of "The Dark Money Files" podcast.
The Change Healthcare mega hack has taken nearly 120 of the company's IT products and services offline since Feb. 21, and that cyber disruption is having serious, widespread impact on the entire healthcare industry including major players, said attorney Sara Goldstein of the law firm BakerHostetler.
Officials from the U.S. Coast Guard Cyber Command told lawmakers Thursday the military branch is building out deployable teams of cybersecurity protection units and taking advantage of expanded authorities under a recent executive order to better protect Americas modern maritime infrastructure.
Ransomware group Rhysida is offering to sell "exclusive data" stolen from a Chicago children's hospital for $3.4 million on the dark web, while the hospital is still struggling to recover its IT systems, including its electronic health records and patient portal, one month after the attack.
First-party fraudsters have shifted their focus from credit card fraud to deposit scams. In this evolving threat environment, financial institutions face new challenges from the increased use of synthetic identities and the difficulties in classifying first-party fraud, said BioCatch's Seth Ruden.
BlackCat claimed on its dark web site that it is behind the biggest healthcare hack so far the year - exfiltrating 6 terabytes of "highly selective data" relating to "all" Change Healthcare clients, including Tricare, Medicare, CVS Caremark, MetLife and more.
Microsoft once again finds itself in the crosshairs of antitrust regulators, this time for practices around its Entra ID identity management tool. The European Commission is probing whether Microsoft prevents customers from buying security software that competes with its own, The Information said.
The Health Sector Coordinating Council has issued a five-year strategic plan - "a call to action" - for healthcare and public health organizations to implement cybersecurity programs that do a better job of protecting their patients against the ever-rising tide of threats.
North Korean espionage group TA406, aka the Konni Group, deployed information-stealing malware on a Russian government-owned software to spy on the country's foreign ministry officials. This is the latest attack in a North Korean campaign that targets Russian diplomatic activities.
Healthcare industry groups are urging their members to take certain precautionary actions in the wake of the attack last week on Change Healthcare, a unit of Optum. The advisories come as some researchers say the incident appears to involve exploitation of flaws in ConnectWise's ScreenConnect tool.
Pharmacies at U.S. military hospitals and clinics worldwide are among the entities affected by the cyberattack on Optum's Change Healthcare this week, which has forced the IT services company to take many of its applications offline. Change Healthcare disconnected its IT systems on Wednesday.
As the volume of major health data breaches rises, the federal agency charged with investigating those incidents told Congress this week that it lacks the needed funding to keep up with its mounting workload. The agency also separately announced its second ransomware HIPAA breach settlement.
In the latest weekly update, Jeremy Grant of Venable LLP joins editors at ISMG to discuss the state of secure identity in 2024, the challenges in developing next-generation remote ID proofing systems, and the potential role generative AI can play in both compromising and protecting identities.
It's not just medical device cybersecurity that's keeping some healthcare security leaders up at night - it's also the risks posed by other critical connected gear that patients and clinicians depend upon, said Ali Youssef, director of medical device and emerging tech security at Henry Ford Health System.
Change Healthcare - a unit of Optum that provides IT services and applications to hundreds of U.S. pharmacies, payers and healthcare providers - is dealing with a cyber incident that has forced the company to take its applications offline enterprisewide. The company said is triaging the situation.
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