Healthcare firm Change Healthcare paid a $22m ransom after it was attacked by the AlphV hacking group, also known as BlackCat. The company paid the ransom in bitcoin to protect patient data but found another group, RansomHub, claiming possession of compromised data. The incident caused significant disruption to healthcare services and saw an estimated loss of $872m, with the possibility of it surging to $1bn over time.
98% Indian cos fall prey to cyber scammers: Report
Majority of Indian tech companies lost sensitive data in 2023, with 69% reporting most malicious cyber activity in SaaS, according to US-based cybersecurity firm Rubrik.