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Malware

Bank of America Alerts Clients of Data Breach Following Devastating Vendor Hack

Bank of America (BoA) has issued a data breach warning to customers after a third-party vendor suffered a cyber attack. BoA disclosed that customers’ Paycheck Protection Program (PPP) loan application data was exposed, including contact information and Social Security numbers. BoA is offering free identity theft protection services to affected customers.

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Bank of America warns customers of data breach

Imagine you’re settling in for the evening, ready to unwind after a long day at work, and you receive an email from your bank. The subject line reads “Important: Data Breach Notification.” Your heart sinks. What’s going on? Well, that’s the situation many Bank of America customers are currently facing after the bank recently warned them of a data breach that exposed their personal information due to a service provider getting hacked last year.

The exposed data includes names, addresses, social security numbers, dates of birth, and financial information, such as account and credit card numbers. While the exact number of affected customers remains undisclosed, Infosys McCamish Systems (IMS), the vendor whose systems were compromised, reported that 57,028 individuals had their data exposed in the incident. To put this into perspective, Bank of America serves approximately 69 million clients across the globe.

How did this happen?

IMS, a subsidiary of IT consulting giant Infosys, experienced a cybersecurity event in early November 2023 when an unauthorized third party accessed its systems. This resulted in the non-availability of certain IMS applications, and on November 24, IMS informed Bank of America that data concerning deferred compensation plans serviced by the bank may have been compromised. It’s essential to note that Bank of America’s own systems were not breached in this incident.

Unfortunately, it is unlikely that we’ll ever know for sure what personal information was accessed during this breach at IMS.

The LockBit ransomware attack on IMS

So who’s behind this attack? The LockBit ransomware gang claimed responsibility for the IMS breach, stating that its operators encrypted over 2,000 systems during the attack. Since its emergence in September 2019, the LockBit ransomware-as-a-service (RaaS) operation has targeted many high-profile organizations.

In June, cybersecurity authorities in the United States and partners worldwide released a joint advisory estimating that the LockBit gang has extorted at least $91 million from U.S. organizations following roughly 1,700 attacks since 2020.

What’s next?

As a Bank of America customer, or any bank customer for that matter, you might be wondering what you can do to protect yourself from such incidents in the future. While the banks and their service providers should take the utmost precautions to safeguard your data, there’s no harm in taking some steps on your own to ensure your information remains secure.

Regularly monitor your account statements for any suspicious activity, strengthen your passwords, and be cautious about sharing personal information online. You can also consider using credit monitoring services to stay informed about any potential identity theft threats.

Stay informed and stay protected

At IT Services, we understand how important it is to stay updated on the latest cybersecurity threats and best practices. That’s why we’re committed to keeping you informed and providing expert advice to help keep your personal data secure.

So why not stay connected with us? Together, we can navigate the ever-evolving cybersecurity landscape and work towards a more secure digital future. Contact us or keep coming back to learn more about how you can protect yourself and your data from cyber threats.

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Malware

Phishing Attack Leaves Patients’ Sensitive Data Vulnerable: Urgent Security Alert

Los Angeles County Department of Health Services is investigating a security breach that exposed personal data of over 14,000 patients. The breach was caused by a phishing attack, compromising several employee email accounts and revealing sensitive patient information. Authorities are notifying affected individuals and offering free credit monitoring and identity theft protection services.

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Imagine this: you’re a patient in Los Angeles County, home to the most populous county in the United States. You rely on your local hospitals and clinics for your healthcare needs. One day, you receive a letter informing you that your personal and health information has been exposed in a data breach. How would you feel?

A Massive Phishing Attack in L.A. County

This frightening scenario recently unfolded for thousands of patients in L.A. County. The Department of Health Services, which operates the public hospitals and clinics in the area, had to disclose a data breach after a phishing attack impacted over two dozen employees. These mailboxes contained sensitive information for about 6,085 individuals, making this a significant incident.

How Did This Happen?

It all started with a phishing email. A hacker duped 23 employees into clicking a link that appeared to be a legitimate message from a trustworthy source. This simple action gave the attacker access to the employees’ mailboxes, and ultimately, to patients’ personal and health data.

Among the compromised information were patients’ names, dates of birth, home addresses, phone numbers, email addresses, medical record numbers, client identification numbers, dates of service, medical information (such as diagnosis, treatment, test results, and medications), and health plan information. Thankfully, no Social Security Numbers or financial information were exposed in this breach.

Responding to the Breach

Upon discovering the breach, the L.A. County Health Services took swift action. They disabled the impacted email accounts, reset and re-imaged the compromised employees’ devices, and quarantined suspicious incoming emails. The health system also sent out awareness notifications to all employees, reminding them to be vigilant when reviewing emails, especially those containing attachments or links.

In addition, the health system plans to notify the U.S. Department of Health & Human Services’ Office for Civil Rights, the California Department of Public Health, and other relevant agencies about the data breach. While no evidence was found that the attackers accessed or misused the exposed information, L.A. County Health Services advises affected patients to contact their healthcare providers to verify the content and accuracy of their medical records.

A Call to Action: Let’s Protect Our Data Together

This incident serves as a stark reminder of the importance of cybersecurity in the healthcare sector. As patients, we trust our healthcare providers with our most sensitive information, and we must demand that they take every measure to protect it.

As an IT Services company, we understand the challenges healthcare organizations face in safeguarding personal and health information. We encourage you to reach out to us, learn more about our services, and take proactive steps to protect your data. Together, let’s create a safer digital world for all.

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Malware

North Korean Cyber Warriors Infiltrate South Korean Defense Contractors: A Chilling Security Breach

North Korean hacking groups Kimsuky and APT37 have targeted South Korean defense contractors, particularly those working on the KF-21 fighter jet. Cybersecurity firm Cybereason has identified spear-phishing campaigns and watering hole attacks used to infiltrate the systems and steal sensitive information. Protect your data from cyber threats with this informative article.

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Imagine waking up one day and realizing that your top-secret defense technologies have been stolen by hackers. That’s exactly what happened to several South Korean defense companies recently. So, let’s dive into what happened and how we can learn from these incidents to protect our own sensitive information.

The National Police Agency in South Korea sent out an urgent warning about North Korean hacking groups targeting defense industry entities to steal valuable technology information. These hackers, known as Lazarus, Andariel, and Kimsuky, have successfully breached the defenses of multiple South Korean companies by exploiting vulnerabilities in their networks or those of their subcontractors.

Following a special inspection conducted earlier this year, authorities discovered that some companies had been compromised since late 2022 but were completely unaware of the breach. This highlights the importance of being proactive with cybersecurity measures and staying vigilant for potential threats.

Let’s take a closer look at the attacks

These reports detail three cases involving each of the hacking groups, showing how diverse their attack methods can be when targeting defense technology.

In one case, Lazarus hackers took advantage of poorly managed network connection systems designed for testing. They penetrated the internal networks of a defense company and gathered critical data from at least six of the firm’s computers, transferring it to a cloud server abroad.

The Andariel group’s attack was even more insidious. They stole account information from an employee of a maintenance company that serviced defense subcontractors. Using this stolen account, they installed malware on the servers of these subcontractors, leading to major leaks of defense-related technical data. This situation was made worse by employees using the same passwords for personal and work accounts.

Lastly, Kimsuky hackers exploited a vulnerability in the email server of a defense subcontractor. This allowed them to download and steal substantial technical data from the company’s internal server without authentication.

What can we learn from these incidents?

The Korean police recommend several steps companies can take to protect themselves from similar attacks. These include improving network security segmentation, periodic password resets, setting up two-factor authentication on all critical accounts, and blocking foreign IP accesses.

But let’s take this a step further. As individuals and businesses, we must recognize the importance of safeguarding our sensitive information. This means investing in robust cybersecurity measures, staying informed about potential threats, and taking proactive steps to protect our data.

Don’t wait until it’s too late

These incidents serve as a stark reminder that cyber threats are ever-present and constantly evolving. With an increase in remote work and reliance on digital systems, it’s more important than ever to take cybersecurity seriously. Don’t wait until you’re the next victim – be proactive in protecting your valuable information.

For more information on cybersecurity and how to protect yourself or your business, keep coming back to our IT Services website. We’re here to help you stay informed and secure in an increasingly digital world.

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Malware

UnitedHealth Admits Paying Ransomware Gang to Prevent Massive Data Breach

UnitedHealth confirms paying an undisclosed ransom to the Conti ransomware gang to prevent the leak of sensitive patient data. Learn more about the incident and the rise of ransomware attacks on healthcare institutions.

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UnitedHealth Group recently confirmed that they had to pay a ransom to cybercriminals to protect sensitive data stolen during a ransomware attack on Optum in late February. This attack wasn’t just any ordinary cybercrime; it led to a massive outage that affected Change Healthcare payment systems, impacting several critical services used by healthcare providers and pharmacies throughout the U.S. These services included payment processing, prescription writing, and insurance claims.

Can you believe that the organization reported $872 million in financial damages from this single cyberattack? It’s mind-boggling! But it doesn’t stop there. The BlackCat/ALPHV ransomware gang claimed responsibility for the attack, alleging that they stole 6TB of sensitive patient data. And in early March, they even pulled off an exit scam after allegedly receiving $22 million in ransom from UnitedHealth.

During that time, one of the gang’s affiliates, known as “Notchy,” claimed they had UnitedHealth data because they conducted the attack and that BlackCat cheated them out of the ransom payment. The transaction was visible on the Bitcoin blockchain, and researchers confirmed it reached a wallet used by BlackCat hackers.

As if things couldn’t get more complicated, a week later, the U.S. government launched an investigation into whether health data had been stolen in the ransomware attack at Optum. And by mid-April, the extortion group RansomHub raised the stakes even higher for UnitedHealth by starting to leak what they claimed to be corporate and patient data stolen during the attack. UnitedHealth’s patient data reached RansomHub after “Notchy” partnered with them to extort the company again.

Data stolen, ransom paid

In a statement, UnitedHealth confirmed that they paid a ransom to prevent patient data from being sold to cybercriminals or leaked publicly. The company said, “A ransom was paid as part of the company’s commitment to do all it could to protect patient data from disclosure.”

We checked RansomHub’s data leak website and can confirm that the threat actor has removed UnitedHealth from its list of victims. UnitedHealth’s removal from RansomHub’s site may indicate that today’s confirmation is for a payment to the new ransomware gang rather than the alleged $22 million payment to BlackCat in March.

Recently, UnitedHealth posted an update on its website announcing support for people whose data had been exposed by the February ransomware attack, officially confirming the data breach incident. The company stated that based on initial targeted data sampling, they have found files containing protected health information (PHI) or personally identifiable information (PII). This could potentially affect a substantial proportion of people in America. However, the company reassures patients that they have not seen evidence of exfiltration of materials such as doctors’ charts or full medical histories among the data.

UnitedHealth further explained that only 22 screenshots of stolen files, some containing personally identifiable information, were posted on the dark web, and that no other data exfiltrated in the attack has been published “at this time.” The organization has promised to send personalized notifications once it completes its investigation into the type of information compromised.

As part of its efforts to support those impacted, UnitedHealth has set up a dedicated call center offering two years of free credit monitoring and identity theft protection services. Currently, 99% of the impacted services are operational, medical claims flow at near-normal levels, and payment processing stands at approximately 86%.

A call for action: Protect yourself and your organization

UnitedHealth’s experience is a sobering reminder of the ever-present threat of cyberattacks and the importance of taking cybersecurity seriously. Don’t let your organization become the next victim. Reach out to us, and together, we’ll help you stay one step ahead of cybercriminals. Keep coming back to learn more about the latest cybersecurity trends and best practices to safeguard your valuable data.

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