So-called “alert fatigue” or too many cybersecurity alerts is also a significant challenge, with more than 50% of surveyed enterprises facing an average of 221 incidents per day.
A new report from cybersecurity firm Sophos has found that only 26% of retail organizations this past year were able to disrupt a ransomware attack before their data was encrypted.
A new report from security firm Sophos has revealed that cybercriminals successfully encrypted data in nearly 75% of ransomware attacks in 14 countries around the world.
The National Association of Data Protection Officers of the Philippines (NADPOP) and the Philippine Computer Emergency Response Team (PH-CERT) said regulators should already anticipate the worst-case scenario as it is better to warn Filipino consumers as soon as possible as the threat actors can already exploit the illegally accessed personal information.
While it is commendable that PhilHealth is now being transparent about the cyberattack, it is concerning that their DPO and action center utilized email addresses with @gmail.com domains for their official functions.
According to security researchers, as of 3:20pm Manila time, the Medusa Ransomware group may have already published the PhilHealth data files obtained from the ransomware cyberattack which occurred on Sept. 22, 2023.
According to the countdown timer on the Medusa blog on the dark Web, the files they supposedly exfiltrated from PhilHealth's systems will be released on October 3 Philippine time if the $300,000-ransom is not paid in cryptocurrency.
Meanwhile, the National Privacy Commission (NPC) said it has already been notified about the “Medusa” ransomware attack by state-owned insurance firm PhilHealth.