Global Fallout From Leaked LockBit Ransomware

In the latest weekly update, ISMG editors discussed the rise of criminal groups using leaked LockBit ransomware for global cyberattacks, Congress’s recent hearing on the cyberattack targeting Change Healthcare and takeaways from ISMG’s Cybersecurity Implications of AI Summit.

See Also: OnDemand | Leveraging Automation to Reduce Third Party and Supply Chain Risk in Healthcare

The panelists – Anna Delaney, director, productions; Mathew Schwartz, executive editor of DataBreachToday and Europe; Marianne Kolbasuk McGee, executive editor; HealthcareInfoSecurity; and Tom Field, senior vice president, editorial – discussed:

• Highlights from ISMG’s first-ever AI event, the Cybersecurity Implications of AI Summit, -which showcased a maturing dialogue among CISOs and other experts on practical generative AI applications, especially in security operations centers and in application security – enhancing detection, response, and vulnerability management;




• How nearly two months after the Change Healthcare cyberattack, the widespread software outage is still disrupting the healthcare sector. While a Congressional subcommittee was seeking more details, parent company UnitedHealth Group skipped the hearing but met with analysts to report $872 million in losses from the mega-hack;
• Recent ransomware trends indicating an uptick in LockBit malware attacks on diverse organizations following the leak of version 3.0, coupled with a significant decrease in the percentage of victims choosing to pay ransoms, now at a record low of 28%.

The ISMG Editors’ Panel runs weekly. Don’t miss our previous installments, including the Apr 5 edition on breaking down OT cybersecurity challenges and the Apr 12 edition on unpacking the Change Healthcare attack.