Cyberwarfare / Nation-State Attacks
,
Fraud Management & Cybercrime
,
Ransomware
Also: Lone-Wolf Operators, Attacks on Medical Supply Chains – What’s Next?
In the latest weekly update, ISMG editors discussed the evolving ransomware landscape, including rising attacks in healthcare and other critical sectors, a shift from cybercrime groups such as LockBit to lone-wolf operators, and why Russian ransomware gangs are dominating the global stage.
See Also: Effective Communication Is Key to Successful Cybersecurity
The panelists – Anna Delaney, director, productions; Marianne Kolbasuk McGee, executive editor, HealthcareInfoSecurity, Tony Morbin, executive news editor, EU; Mathew Schwartz, executive editor, DataBreachToday and Europe – discussed:
- How the downfall of major ransomware groups including Alphv and LockBit has led to an increase in lone-wolf operators and smaller groups, resulting in record extortion payments and more complex ransomware dynamics;
- How a ransomware attack on Florida-based blood center OneBlood and other recent attacks on blood suppliers reveal the vulnerabilities in medical supply chains – and why they have become a big target;
- Why a new TRM Labs report showing that Russian ransomware gangs are responsible for 69% of global ransom cryptocurrency proceeds raises concerns that these cyberattacks might be a form of warfare against the West, as suggested by some Russian media commentators.
The ISMG Editors’ Panel runs weekly. Don’t miss our previous installments, including the July 26 edition on the CrowdStrike outage and the Aug. 2 edition on why data breach costs are rising.