Financial services organizations are enticing targets for cybercriminals due to their significant wealth holdings, presenting abundant opportunities for monetary gain through extortion, theft, and fraud, according to Trustwave. In addition to the money itself, the financial services sector stores large volumes of sensitive data, including customer information, financial records, and intellectual property. “In a highly […]
A major US hospital network, Prospect Medical Holdings, has been the victim of a ransomware-based cyber attack. The cyber attack has caused outages across the company’s network, which is responsible for operating 16 hospitals in California, Connecticut, Pennsylvania and Rhode Island, in addition to 166 outpatient centers and clinics. The network issues were first reported […]