The Biden administration is examining cryptocurrency’s role in recent hacks that have disrupted important U.S. industries including healthcare, fuel and food, exploring new ways to track victims’ payouts to foreign ransomware gangs.
“Pharmaceuticals, hospitals, healthcare, public companies, organizations that don’t have the talent and skills to defend themselves—they’re getting sucker punched,” Kevin Mandia said during the WSJ Pro Cybersecurity Executive Forum.
An apparent ransomware attack on meat processor JBS is the latest incident showing how hacks of major companies can ripple across the world.
The federal government should strengthen mandatory cybersecurity requirements across critical infrastructure sectors, former officials say.
Companies rushing to respond to a ransomware attack need to make sure their own employees don’t worsen the potential damage, cybersecurity experts say.
Colonial Pipeline last year didn’t undergo a requested federal security review of its facilities and was in the process of scheduling a separate audit of its computer networks when hackers hit on May 7.
Ransomware groups may be trying to retreat from the spotlight—and preserve their business models—after high-profile attacks in recent weeks disrupted daily life in two countries and sparked widespread condemnation.
A ransomware surge has created a cottage industry of negotiators who broker payouts.
Hackers will likely publish personal data stolen from Ireland’s public health system after the attack, officials say.
Some hospitals continued to cancel certain procedures on Monday as Health Service Executive repairs damage to computer systems.
Hospitals canceled appointments and turned to paper and pen after the attack, which used Conti ransomware, shut down IT systems.
The obligations represent a shift for the private sector, which has resisted such requirements for fear of financial and reputational damage resulting from the release of sensitive information about breaches.