Ransomware Hackers Steal Medical Insurance Data of 1M People ##

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The attack, which occurred in early 2023, targeted a software company called Young Consulting. Young Consulting provides software solutions for healthcare providers and other organizations. The company’s software was used by healthcare providers to manage patient data, including medical records, insurance information, and other sensitive information. The attackers exploited a vulnerability in the software to gain unauthorized access to the system. They then encrypted the data and demanded a ransom to unlock it. The attackers used a ransomware attack to steal medical insurance data of 1 million people.

The cybersecurity firm, Young Consulting, experienced a significant data breach in April 2023. The breach involved the theft of data from the company’s network. The incident was discovered on April 13, 2023, after the company experienced technical difficulties.

The company, which specializes in providing consulting services to the healthcare industry, has been the subject of a data breach. A data breach is a security incident that compromises the confidentiality, integrity, and availability of sensitive information. Young Consulting, a privately held company, has not disclosed the nature of the breach, but it has confirmed that it has been impacted by a data breach. They have also confirmed that the breach has been contained. The company has stated that it is taking steps to investigate the incident and to prevent future occurrences.

BlackSuit, a cybercrime group, has been active in the ransomware attacks targeting various organizations across the world. They have been particularly active in the US, with attacks on government agencies, healthcare providers, and other critical infrastructure. BlackSuit’s modus operandi involves deploying ransomware strains like Ryuk and Conti, which encrypt data and demand a ransom for its release.

* **Double extortion:** Conti would encrypt victims’ data and then threaten to leak it publicly unless the victim paid a ransom.

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