Critical Financial Institutions Under Siege: Argentina’s Securities Commission Hit by Medusa Ransomware

 

The Health Sector Cybersecurity Coordination Center (HC3) has issued a warning to healthcare providers in its new analyst note regarding the MedusaLocker ransomware, the latest variant used to encrypt healthcare systems. 

Interestingly, while the Medusa operation was launched in June 2021, a relatively low level of activity was observed, with not many victims. However, the ransomware gang increased its activity in 2023 and launched a blog called the Medusa Blog. This blog was designed to help victims who refused to pay the ransom.

MedusaLocker must rank under some of the more widely known ransomware variants, such as Royal and Clop. These variants have recently been used against healthcare systems. The system, as it stands, is capable of causing significant damage if left unattended for a long period. 

The MedusaLocker ransomware program was first detected in September 2019 and since then it has become one of the primary targets of healthcare. In particular, the group was able to infiltrate systems by taking advantage of confusion over the COVID-19 pandemic. As a managed service provider, the company provides ransomware as a service (RaaS) to its customers. 

There was a huge ransomware attack on the National Securities Commission last Wednesday, r

[…]
Content was cut in order to protect the source.Please visit the source for the rest of the article.