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US healthcare crisis looms

US healthcare crisis looms

The US healthcare sector is now reeling from a seemingly never-ending series of cyberattacks. The problem is becoming so dire that there is growing concern that it may even spark a genuine healthcare crisis. The recent ransomware attack on Kettering Health, for example, which operates 14 hospitals and over 120 medical facilities in Ohio, is merely the latest volley in a remorseless wave of cyberattacks on the cash-rich sector.

california cryobank cyber breach

Sperm Bank Heist

Another cyber breach as potentially damaging as that of the infamous hook-up site for married users, Ashley Madison, 15 years ago has recently come to light that could have equally serious consequences. According to a notification filed this month with the California Department of Justice, the sperm bank California Cryobank reports a breach that occurred last April. Stolen files include the names, social security numbers, driver's license numbers, financial accounts, and health insurance information of many of the sperm bank donors and their recipients.

US Data Compromises Double Year-on-Year

It's official – the US is losing the battle against cybercrime. The first quarter of this year has seen 841 publicly reported data compromises - a 90 percent increase compared to 442 compromises in Q1 2023. According to the Identity Theft Resource Center (ITRC), the picture may be even grimmer than these bald statistics suggest. Year-on-year, the number of cyberattack-related data breach notices without information about the root cause of the attack leapt from 166 in Q1 2023 to 439 in Q1 2024. This represents a staggering rise of 265 percent in unsolved data breaches.

sextortion

Sextortion racket triggers US youth suicides

Financial sextortion is now the most rapidly growing crime targeting American, Canadian, and Australian youth. The US Federal Bureau of Investigation (FBI) has called it: “a global crisis that demands everyone’s attention” - having observed a one thousand percent increase in financial sextortion incidents over the last 18 months. In a December 2023 hearing, FBI Director Wray warned Congress that sextortion is “a rapidly escalating threat,” and teenage victims “don’t know where to turn.”  Almost all this activity is linked to West African cybercriminals known as the “Yahoo Boys”, who primarily target English-speaking minors and young adults on the online social networks: Instagram, Snapchat, and Wizz, according to the Network Contagion Research Institute (NCRI) report, “A Digital Pandemic: Uncovering the role of ‘Yahoo Boys’ in the Surge of Social Media-enabled Financial Sextortion Targeting Minors.

AI revolutionizes sextortion scams

Artificial intelligence (AI) services are enabling unscrupulous online blackmailers to create fake but highly realistic sexually explicit photographs and videos of innocent victims. The blackmailer usually emails the target individual to show them pornographic images of themselves, threatening to send the pictures to the victim’s contacts – a process known as “sextortion.” A variation is to claim to have compromising images of the victim recorded via the webcam on their smartphone.

Sextortion scams soar by 178%

Security researchers, ESTET reports a 178% increase in sextortion emails between the first half of 2022 and the first six months of 2023, marking the category out as a top email threat. The company ranks sextortion emails third among all email threats in H1 2023.

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