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Crypto locker outbreak
Crypto locker outbreak










crypto locker outbreak

Over the course of the year, over 600 hospitals, clinics, and other healthcare organizations were impacted by 92 ransomware attacks.ĬEO of cybersecurity firm FireEye, Kevin Mandia, shed some light on why these healthcare organizations are targeted. A study by Comparitech has shown that ransomware attacks had a huge financial impact on the healthcare sector, with over $20 billion lost in impacted revenue, lawsuits, and ransom paid in 2020 alone. With the onset of the COVID-19 crisis in 2020, there was increased attention on cyber attacks in the healthcare space. Healthcare Ransomwareĭuring times of crisis, many hackers take advantage of upheaval and disorder and look for potential monetary gain. The sudden increase in remote work and more lax security protections at home gave hacker groups the perfect opportunity to breach sensitive data. According to Harvard Business Review, the amount companies paid to hackers grew by 300%. companies and organizations result in shutdown of critical infrastructure, which can create shortages, increased cost of goods/services, financial loss due to shutdown of operations, and loss of money due to having to pay the ransom to the hackers, and worse.Ģ020 also saw an increase in the frequency of cyber attacks and higher ransom payments. Cyber attacks in 2021 that have used ransomware as their attack vector include attacks perpetrated against the Colonial Pipeline, Steamship Authority of Massachusetts, JBS (the world’s largest meatpacker), and the Washington DC Metropolitan Police Department. Over the past few years, we have seen an increase in ransomware attacks, many of them high-profile attacks. These criminals will only give you the key to access your system, or return the files, once you’ve paid their ransom. So what does that mean? Hackers take advantage of security weak spots to steal sensitive data or lock files. Ransomware actors often target and threaten to sell or leak exfiltrated data or authentication information if the ransom is not paid.” Malicious actors then demand ransom in exchange for decryption. Government’s Cybersecurity and Infrastructure Assurance Agency ( CISA): “Ransomware is an ever-evolving form of malware designed to encrypt files on a device, rendering any files and the systems that rely on them unusable.












Crypto locker outbreak