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Top 5 Ransomware Attacks and Data Breaches of 2024
- HealthCorps healthcare network fell victim to a targeted Hades ransomware attack (formerly linked to the notorious Conti group) in March 2024, compromising 5.6 million patient records.
- In June 2024, MetroLink, a major public transportation network in the US was compromised by the Lazarus Group, a hacking collective linked to North Korea. The cyberattack compromised the personal data of over 15 million riders.
- BluePeak Financial was infiltrated by a former employee who used stolen credentials to gain access to the company’s internal network. The breach led to the exfiltration of data related to 2.3 million customers.
- BlackCat ransomware group (ALPHV) targeted GlobalBank in July 2024. The attack, which began with the breach of a cloud-based third-party service provider, affected over 30 financial institutions across 50 countries.
- eComX, one of the world’s largest e-commerce platforms, suffered a devastating data breach that exposed 110 million customer accounts in September 2024.
- These cyber-attacks underscore the vulnerability of the healthcare, public transportation, finance, and e-commerce sectors.
- Organizations must implement stronger cybersecurity hygiene, multi-layered defenses, and comprehensive incident response plans to prevent sophisticated attacks.
- Third-party risk management is a critical component of cybersecurity strategies, as attackers frequently exploit supply chain vulnerabilities.
- Detecting attacks early is important - organizations should implement advanced intrusion detection systems (IDS) to monitor unusual activity.
- Staying ahead of the curve is crucial to safeguarding both sensitive data and organizational integrity.
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