Legends International, a prominent sports venue support company with reported sales of $1.7 billion, has recently notified customers and employees of a cyberattack targeting its IT systems. The company, based in the United States, communicated the breach in letters sent out earlier this week, revealing that sensitive personal information had…
In 2024, organizations globally incurred a staggering $813 million in payments to cybercriminals due to ransomware incidents. This substantial figure underscores the heavy financial toll that cybercrime exacts on businesses. A notable example includes the December 2024 cyberattack on Rhode Island, where state officials succumbed to a $5 million ransom…
Data Privacy, Data Security, Fraud Management & Cybercrime Case Resolves HHS OCR Scrutiny of Two Security Incidents Marianne Kolbasuk McGee (HealthInfoSec) • April 17, 2025 Image: Guam Memorial Hospital Authority The Guam Memorial Hospital Authority has consented to a $25,000 payment to federal regulators while agreeing to implement a corrective…
Ransomware attacks have evolved into a major threat within the cybercrime landscape, predominantly characterized by hackers encrypting essential databases and demanding payment for access to decryption keys. This method of cyber extortion has already inflicted considerable disruption across various industries. However, cybercriminals continue to innovate and refine their tactics, becoming…
For businesses operating in Australia, a significant legal change is set to take effect on May 30, 2025, pertaining to ransomware incidents. Under the forthcoming Cyber Security Act, any organization that encounters a ransomware attack and chooses to comply with extortion demands will be mandated to notify the government within…
Data Privacy, Data Security, Fraud Management & Cybercrime UK Law Firm Penalized £60,000 for GDPR Violations Following Ransomware Attack Akshaya Asokan (asokan_akshaya) • April 16, 2025 Image: Shutterstock The Information Commissioner’s Office (ICO) in the United Kingdom has imposed a £60,000 fine on DDP Law, a law firm based in…
The landscape of dark web marketplaces, or darknet markets, continues to expand annually, presenting significant challenges for law enforcement agencies striving to disrupt these illicit networks. Cybercriminals utilize these underground platforms for trading hacking tools, compromised data, and other sensitive information acquired through various cyberattacks. Sophisticated hackers are increasingly selling…
The cybersecurity landscape has witnessed a significant uptick in ransomware attacks over the last few years, with these threats evolving rapidly. The tactics employed have shifted from straightforward file encryptions to increasingly complex schemes involving multi-layered extortion. Notably, the emergence of double extortion—wherein attackers encrypt sensitive data and simultaneously threaten…
3rd Party Risk Management, Data Breach Notification, Data Security Company Reports Ransomware Incident to SEC Following Weekend Attack Marianne Kolbasuk McGee (HealthInfoSec) • April 14, 2025 Image: DaVita Inc. DaVita Inc., headquartered in Denver and operating over 3,100 dialysis and kidney care facilities across the U.S. and 13 additional countries,…
