Black Basta Ransomware Strikes 140-Hospital Network, Millions in Bitcoin Extorted

May 14, 2024
Black Basta Ransomware Strikes 140-Hospital Network, Millions in Bitcoin Extorted
  • The Black Basta ransomware group is recognized as a major global threat, with over 500 attacks on critical sectors, including healthcare.

  • Black Basta has financial ties to the Conti collective, amassing over $100 million in Bitcoin from ransoms.

  • US security agencies have alerted organizations to Black Basta's evolving tactics following a significant attack on Ascension healthcare provider.

  • The ransomware-as-a-service model used by Black Basta involves a core team developing tools while affiliates execute the attacks.

  • A new social engineering strategy by Black Basta involves spam emails and fake IT support calls to infiltrate systems.

  • Ascension's operations were severely disrupted, leading to a reliance on manual processes for patient care, with no clear timeline for system recovery.

  • The growing sophistication of Black Basta's methods underscores the urgent need for heightened cybersecurity vigilance among organizations.

Summary based on 8 sources


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