Artificial intelligence (AI) is making ransomware faster and easier to use as the online crime hits record levels, experts said at a House Financial Services subcommittee hearing Tuesday. “We have tremendous concern about the future of AI and the direction it is allowing criminal actors to take, including more sophisticated deepfakes that ultimately form the … Read more
It did not identify the hacking group’s name or location. US moves against cybersecurity ‘risk’ posed by China-made port infrastructure Beijing has expanded efforts in cybersecurity compliance in recent years amid a perceived increase in attacks by foreign agencies. China and the United States, in particular, have exchanged accusations of state-backed cyberattacks with targets ranging … Read more
Exton, Pennsylvania — The ransomware attack last month on Change Healthcare, a subsidiary of UnitedHealth Group, has turned into a national crisis. For doctors like Christine Meyer of Exton, Pennsylvania, it has become a personal nightmare. “It’s been one of the most stressful things we’ve gone through as a practice, and that’s saying something given that … Read more
The U.S. is offering rewards for information on leaders of the LockBit ransomware group. LockBit is a syndicate operating since 2019. It accounted for 23 percent of the nearly 4,000 attacks globally last year in which ransomware gangs posted data stolen from victims to extort payment, according to the cybersecurity firm Palo Alto Networks, per … Read more
Washington — A ransomware service provider that has targeted over 2,000 systems across the globe, including hospitals in the U.S., with demands for hundreds of millions of dollars was taken down Monday, and Russian nationals were charged as part of an international plot to deploy the malicious software, the Justice Department announced Tuesday. Known as LockBit, … Read more
