cyber attacks News

Medibank Hack Could Cost A$700M for Damages and Fixes

The data breach at Medibank Private Ltd. could cost the Australian health insurer A$700 million ($450 million) if customers decide to sue for damages after personal medical details were posted to a forum on the dark web, according to Bloomberg …

Data Stolen From Australian Health Insurer Medibank Posted on Dark Web

Data stolen from an Australian health insurer, including the names, addresses and birthdates of hundreds of customers, has been posted to a forum on the so-called dark web. The files appear to be a sample of the data that was …

Cyber Attack on Australian Insurer Medibank Far Bigger Than Initially Thought

A hack on an Australian health insurer appears to be far larger than initially suspected, with the company saying it will refuse to pay a ransom for the theft of data. The attack on Medibank Private Ltd. exposed the data …

Ukraine War, Geopolitics Fuel Cyber Attacks: EU Agency

Geopolitics such as Russia’s invasion of Ukraine has led to more damaging and widespread cybersecurity attacks in the year to July, EU cybersecurity agency ENISA said in its annual report on Thursday. ENISA’s study follows concerns about the role of …

French Defense Group Thales Says Hackers Claim to Have Stolen Data

French defense and technology group Thales said on Tuesday the hacker group LockBit 3.0 claimed to have stolen some of its data and was threatening to publish it. Thales said the extortion and ransomware group had announced plans on the …

U.S. Banks Spent $1B on Ransomware Payments in 2021: Treasury Department

US financial institutions spent nearly $1.2 billion on likely ransomware-related payments last year, most commonly in response to breaches originating with Russian criminal groups, according to the Treasury Department. The payments more than doubled from 2020, underscoring the pernicious damage …

Cyber Officials From 37 Countries, 13 Firms to Meet in Washington on Ransomware

The White House will host officials from 37 countries and 13 global companies in Washington this week to address the growing threat of ransomware and other cyber crime, including the illicit use of cryptocurrencies, a senior U.S. official said. The …

Europe’s Biggest Copper Smelter Hit as Part of Wider Cyberattack on Metals Industry

Aurubis, Europe’s biggest copper smelter, said on Friday it had been targeted as part of a wider cyberattack on the metals and mining industry which had forced it to shut down its IT systems and disconnect them from the internet. …

Australia’s Hacking Frenzy Spurred by Understaffed Cybersecurity Workforce

A swathe of hacks on some of Australia’s biggest companies has made the country a target for copycat attacks just as a skills shortage leaves an understaffed, overworked cybersecurity workforce ill-equipped to stop it, technology experts said. As Monday saw …

Australia’s No. 1 Health Insurer Confirms Massive Data Breach, Theft of Patient Details

Australia’s biggest health insurer said on Thursday a criminal had apparently stolen customers’ medical information as part of a massive breach of data, fueling concern about a wave of high-profile cyber attacks. Medibank Private Ltd., which covers one-sixth of Australians, …