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EOCC: Ransomware Attacks-It CAN Happen to You

June 8, 2022 – Published on Orlando Medical News

In January, a Florida panhandle hospital system escaped a crisis-level hack by shutting down their entire records system causing hospital staff including nurses and doctors to resort to pen and paper for days. In February, the San Francisco 49ers confirmed they were a victim of ransomware, discovering the company listed on the dark web leak site. Hackers used ransomware-as-a-service software stealing company financial data. That same month, the world’s largest semiconductor chip company confirmed they were hacked by Lapsus$, a self-proclaimed, non-politically affiliated group, stealing employee credentials and proprietary information. Lapsus$ struck again one month later, releasing source code from an Azure DevOps server on the dark web.

What does the rest of the year hold for cybercriminals and the chaos they are causing? Experts in the field expect it to ramp up.

According to the FBI’s Internet Crime Complaint Center, there is an increase in ransomware and small business is an increasing target, especially since small businesses may serve as their own IT specialists. The latest information showed that there was a 20 percent increase of incidents between 2019 and 2020, while the financial demands per incident increased by 225 percent. Gary Brickhouse, CISO with GuidePoint Security suggests that small business needs to “understand what the attack is, contain it and make sure it doesn’t get worse and how to restore your business.  

Read More HERE.