False medical documents and made-up “evidence” are two other strategies that ransomware businesses are currently employing.
According to a study by Krebs on Security, these strategies are being adopted by firms that have experienced difficulties getting money through conventional ransomware techniques.
In one recent scam, telemedicine-enabled healthcare institutions receive fraudulent medical records, including test results. The study found that in order to improve their odds of success with the plan, the businesses focus on the data that are most likely to be used in a remote diagnosis.
The report’s other new ransomware attack targets CEOs of publicly traded companies. Here, the gangs enter the target’s email account and insert manufactured insider trading proof.
However, Ron Kruszewski, the chairman and CEO of the investment banking giant Stifel, stated this week that much more needed to be done.
Let’s pose the challenging questions to [these corporations],” stated Kruszewski. “Since they are the ones creating the ecosystem, they must ensure that everyone has faith in it. Really, I would like to see that.
He said that the collapse of FTX and the consequences from it had given the cryptocurrency business a 10-year head start, and that innovation can’t take place until regulations are in place.
