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Top related persons:
— - 2 Jon DiMaggio - 2 Chris Janczewski - 1 CDK - 1 Janczewski - 1 Lisa Finney - 1 Finney - 1 Brian MacDonald - 1
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North America Chainalysis Taiwan’s
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CNN - 2 CDK - 1 TRM Labs - 1 Bloomberg - 1 CBS - 1 US Department of Health - 1 Human Services - 1 UnitedHealth - 1

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2 mentions found


☆ How did the auto dealer outage end? CDK almost certainly paid a $25 million ransom
  + stars: | 2024-07-11 | by ( Sean Lyngaas | ) edition.cnn.com   time to read: +4 min
Pinpointing exactly who sends a cryptocurrency payment can be complicated by the relative anonymity that some crypto services offer. The ransom payment of $25 million hasn’t been previously reported. A $25 million ransom payment is certainly large but not unheard of in the lucrative ransomware economy. UnitedHealth Group, the health care conglomerate whose subsidiary suffered a ransomware attack in February that hobbled pharmacies across the US, paid a $22 million ransom to a different criminal group. But the average ransom payment in the fourth quarter of 2023 was significantly lower: $568,705, according to cybersecurity firm Coveware.
Persons: —, Chris Janczewski, CDK, Janczewski, Lisa Finney, Finney, Brian MacDonald, ” CDK, ”, Jon DiMaggio, Analyst1, ” DiMaggio Organizations: CNN, CDK, TRM Labs, Bloomberg, CBS, US Department of Health, Human Services, UnitedHealth Locations: North America, Chainalysis
☆ TSMC confirms supplier data breach following ransom demand by Russian-speaking cybercriminal group
  + stars: | 2023-06-30 | by ( Sean Lyngaas | ) edition.cnn.com   time to read: +2 min
Confirmation of the breach came after Russian-speaking cybercriminals claimed TSMC as a victim on Thursday and demanded an extraordinary $70 million ransom from the semiconductor firm. There were no signs that TSMC or the hardware supplier, Taiwanese firm Kinmax, had any plans to pay the hackers (representatives from both companies didn’t respond to CNN’s questions about any ransom). “After the incident, TSMC has immediately terminated its data exchange with this concerned supplier in accordance with the Company’s security protocols and standard operating procedures,” TSMC said in a statement to CNN. The hackers accessed Kinmax’s internal “testing environment” for the technology it prepares to deliver to customers, Kinmax said in a statement distributed by TSMC. LockBit is the name of the group claiming responsibility for the hack of the TSMC supplier and the type of ransomware they use.
Persons: cybercriminals, TSMC, —, ” TSMC, Kinmax, LockBit, LockBit ransomware, Jon DiMaggio Organizations: CNN, Apple, TSMC Locations: Taiwan’s
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