Healthcare Industry Will Face Even More Bitcoin Ransomware Threats
The topic of Bitcoin ransomware has been beaten around the bush multiple times by now, but a recent report by Intel Security shows the threat is far from over. In fact, their findings suggest ransomware becomes a grave threat by 2021, and healthcare institutions will be the primary target. Bitcoin Ransomware To Keep Targeting Healthcare Sector. It is not the first time Bitcoin ransomware and healthcare are mentioned in the same breath, as these malware attacks have caused issues for various hospitals all over the world in the past few months. A new report by Intel Security indicates this....
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The year 2016 has been quite successful for Bitcoin ransomware developers so far. After crippling two major hospital systems in quick succession, it was a matter of time until new guidelines would be established. The Healthcare Insurance Portability and Accountability Act was created to address these malware threats. The vast majority of healthcare organizations is clueless when it comes to understanding and preventing ransomware attacks. This new guideline by the US Health and Human Services Office for Civil Rights should provide additional information on how this malware works. More....
The GemOS operating system gives the healthcare industry convenient access to securing patient data, while adding it to a blockchain that can be shared across departments in real-time. The healthcare industry can benefit tremendously from embracing blockchain solutions, and Gem is providing the sector with exactly that. Gem Health, as this initiative is called, focuses on optimizing the supply chain and optimizing clinical data management. With all of the recent attention on the healthcare industry through crypto-ransomware attacks and other cybersecurity threats, it became abundantly....
Chainalysis has stated that ransomware arrests will soon take place targeting cyber criminals behind ransomware attacks. Rise of Ransomware Attacks. Over the past six months, ransomware attacks have become an issue to government, business and healthcare organizations. In January, CCN reported that three banks and a pharmaceutical company in India had been targeted by a ransomware scheme with the ransom demand in bitcoins. Three Greek banks were reported hacked last November with the hackers demanding their ransom be paid in bitcoins. While the individuals in question were unable to gain....
Although malware threats and exploit kits are a significant threat to our society, various types are showing a decrease in activity. Angler, Locky, and Dridex are the three top categories which see less interest all of a sudden. For now, it remains unclear as to why this decrease is taking place, albeit it is possible criminals are turning toward new solutions. Ransomware and malware have been the top two threats since 2015. Many institutions and consumers have fallen victim to these threats, but it looks like Dridex and Locky are slowing down regarding usage. Moreover, the Angler exploit....
US and Canada cyber security agencies issued an alert last week regarding an increasing number of ransomware attacks against healthcare organizations. Five providers, in just the last month alone, have been infected with such computer viruses, and often they are forced to pay Bitcoin ransoms. “Malicious software” infected the computer system at Alvarado Hospital Medical Center in San Diego last month. Two other hospitals, Chino Valley Medical Center and Desert Valley Hospital in Victorville, were also infected. Each of these infected parties is a Prime Healthcare Hospital. In Indiana,....