MoD cybersecurity worst in Whitehall, figures reveal

MoD cybersecurity worst in Whitehall, figures reveal

A red rating is the lowest possible security score, signifying that the system is “at a critical level of risk, where the likelihood of encountering issues or failures is significant, and the potential impact of these issues could be severe.” Systems generally fall into the red-rating category because of the presence of out-dated or legacy …

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BlackCat ransomware site down amidst rumours of law enforcement action

BlackCat ransomware site down amidst rumours of law enforcement action

The ALPHV data leak site, along with the Tor negotiation URLs shared with victims in ransom notes, went offline on 7th December and have yet to be restored. Security researchers, including Yelisey Bohuslavkiy, chief research officer at RedSense, have hinted at a possible law enforcement operation targeting the group. Bohuslavkiy said admins of other top-tier …

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Lockbit Ransomware: Boeing confirms ransomware attack, here’s what hackers are claiming

Lockbit Ransomware: Boeing confirms ransomware attack, here’s what hackers are claiming

Aerospace major Boeing was recently listed on the leak site of the LockBit ransomware gang. Days after the listing, the US-based company has now confirmed it is dealing with a “cyber incident”. According to a report by TechCrunch, Boeing spokesperson Jim Proulx has confirmed that attackers had targeted “elements of our parts and distribution business.” …

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Ransomware Attacks On U.S. Health Systems Have Cost The Economy Nearly $8 Billion

Ransomware Attacks On U.S. Health Systems Have Cost The Economy Nearly  Billion

InnovationRx is your weekly digest of healthcare news. To get it in your inbox, subscribe here. Since 2016, there have been 539 confirmed ransomware attacks on U.S. healthcare organizations. getty A new report from cybersecurity research firm Comparitech has found that since 2016, there have been 539 confirmed ransomware attacks on healthcare organizations in the …

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Cybercriminals Assume Identity of a Cybersecurity Company in Order to Hijack and Encrypt Your PC

Cybercriminals Assume Identity of a Cybersecurity Company in Order to Hijack and Encrypt Your PC

New methods of attack by hackers continue to emerge, making it increasingly difficult to trust even reputable sources. A recent example is a ransomware attack known as SophosEncrypt, which impersonates the cybersecurity vendor Sophos. This attack can seize control of your files or even your entire PC, demanding payment for decryption. Initially believed to be …

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Apple Chip Supplier Admits Security Breach; Hackers Demand $70 Million Ransom

Apple Chip Supplier Admits Security Breach; Hackers Demand  Million Ransom

TSMC, also known as Taiwan Semiconductor Manufacturing Company, which is the chip supplier for Apple, has recently become the target of a hacking group called LockBit. This group claims to have obtained sensitive information from TSMC. It is important to note that this incident comes almost five years after TSMC experienced a production shutdown due …

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