FBI: $4.2 Billion Lost to Cybercrime in 2020
The Federal Bureau of Investigation (FBI) has published its annual Internet Crime Report. 791,790 complaints were made to the FBI’s Internet Crime Complaint Center (IC3) in 2020, which is a 69% increase from 2019. More than $4.2 billion was lost to cybercrime in 2020, an increase of 20% from 2019. Since 2016, there have been reported losses to cybercrime of more than $13.3 billion. In 2020, the most reported cybercriminal activity was phishing, which accounted for 30.5% of all complaints to IC3. 2.45% of complaints were about business email compromise (BEC) attacks. Business email compromise scams involve compromising a business email account through social engineering or phishing and using the account to arrange fraudulent transfers of funds. While these incidents were far less numerous than phishing, they were the biggest cause of losses. $1,866,642,107 was lost to BEC attacks in 2020. 2020 saw a 19% reduction in BEC attacks compared to 2019, although losses increased by 0.1 billion. In 2020, cybercriminals exploited the COVID-19 pandemic to scam businesses and individuals. IC3...
CISA/FBI Issue Joint Alert About Spear Phishing Attacks Delivering TrickBot Malware
The DHS’ Cybersecurity and Infrastructure Security Agency (CISA) and the Federal Bureau of Investigation (FBI) have issued a joint security alert about TrickBot malware. TrickBot was first identified in 2016 and started out as a banking Trojan; but the malware has since had a host of new capabilities added and is now extensively used as a malware loader for delivering other malware variants, including ransomware such as Ryuk and Conti. “TrickBot has evolved into a highly modular, multi-stage malware that provides its operators a full suite of tools to conduct a myriad of illegal cyber activities,” explained CISA/FBI in the alert. In late 2019, TrickBot survived an attempt by Microsoft and its partners to disrupt its infrastructure and spam campaigns distributing the malware soon recommenced, with TrickBot activity surging in recent weeks. Earlier this month, Check Point researchers warned about an increase in TrickBot infections following the takedown of the Emotet botnet. TrickBot was the 4th most prevalent malware variant in 2020 and rose to third in January 2021; however, since...
PHI of 26,600 Individuals Potentially Copied in Colorado Retina Associates Phishing Attack
On January 12, 2021, Denver-based Colorado Retina Associates discovered the email account of one of its employees had been accessed by an unauthorized individual who used it to send phishing emails to individuals in the employee’s contact list. The email account was immediately secured and a cybersecurity firm was engaged to investigate the incident to determine the extent of the breach. That investigation concluded on February 24, 2021 and revealed other email accounts had also been compromised, two of which contained patients’ protected health information. The nature of the attack meant that between January 6, 2021 and January 17, 2021, synching may have occurred. That means the contents of the email accounts may have been copied to the attacker’s device. A comprehensive review of the email accounts was performed which revealed the protected health information of 26,609 individuals was stored in the accounts. The types of PHI varied from individual to individual may have included full names, date of birth, home addresses, phone numbers, email addresses, dates of service,...
2020 Saw Major Increase in Healthcare Hacking Incidents and Insider Breaches
2021 was a challenging year for healthcare organizations. Not only was the industry on the frontline in the fight against COVID-19, hackers who took advantage of overrun hospitals to steal data and conduct ransomware attacks. The 2021 Breach Barometer Report from Protenus shows the extent to which the healthcare industry suffered from cyberattacks and other breaches in 2020. The report is based on 758 healthcare data breaches that were reported to the HHS’ Office for Civil Rights or announced via the media and other sources in 2020, with the data for the report provided by databreaches.net. The number of data breaches has continued to rise every year since 2016 when Protenus started publishing its annual healthcare breach report. 2020 saw the largest annual increase in breaches with 30% more breaches occurring than 2019. Data was obtained on 609 of those incidents, across which 40,735,428 patient and health plan members were affected. 2020 was the second consecutive year that saw more than 40 million healthcare records exposed or compromised. Healthcare Hacking Incidents Increased...
Reinvestigation of 2019 Metro Presort Ransomware Attack Reveals PHI May Have Been Compromised
The Portland, OR-based technology and communication solution provider Metro Presort suffered a ransomware attack on May 6, 2019 which resulted in the encryption of files and locked staff out of its systems. The ransomware attack was promptly identified and was contained by May 15, 2019 and the company was able to recover from the attack relatively quickly. An investigation into the attack found no evidence to suggest files were removed from its system, and since the company already encrypted customer data, the attackers would not have been able to access any sensitive information. In October 2020, Metro Presort reinvestigated the attack and the secondary investigation was unable to confirm that files containing customer data were definitely encrypted before the attack. The invoices, statements, and spreadsheets that Metro presort processed for clients, including healthcare organizations, could potentially have been accessed. An analysis of those files confirmed they contained patient names, addresses, dates of birth, patient and health plan IDs or account numbers, appointment...



