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In the News

CrowdStrike to Delta: Stop Pointing the Finger at Us

August 6, 2024

CrowdStrike has responded to Delta Air Lines’ claims that the cybersecurity company is responsible for the recent tech outage, which significantly disrupted the airline’s operations and led to substantial financial losses. In a letter to Delta’s legal team, CrowdStrike asserted that the airline’s threats of legal action have contributed to a misleading narrative. The company emphasized that it swiftly took responsibility for its actions, while Delta failed to do the same. CrowdStrike’s attorney, Michael Carlinsky, noted that if Delta pursues litigation, it will need to justify its own response to the outage to the public, shareholders, and a jury. Delta has not commented on the letter, and its CEO Ed Bastian has estimated the outage cost the airline about $500 million.

CrowdStrike, whose liability is contractually limited to an amount in the “single-digit millions,” attributed the outage to a bug in a quality-control tool used for system updates. Despite apologizing and offering assistance, the company claimed Delta did not utilize the support offered. CrowdStrike highlighted that most airlines recovered within days, but Delta continued to face issues into the following week, canceling over 5,000 flights. The U.S. Department of Transportation is investigating Delta’s handling of the disruption. Delta’s CEO has noted that the airline’s heavy reliance on Microsoft and CrowdStrike exacerbated the situation, prompting an internal review to draw lessons from the event.

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Protecting the most vulnerable: Cybersecurity’s role in healthcare

August 5, 2024

Cyberattacks on hospitals and healthcare institutions are escalating, with ransomware incidents causing significant disruptions, from cancelled appointments to compromised patient safety. These attacks exploit the healthcare sector's valuable data, often involving high-stakes ransom demands. The cost of cybercrime is projected to reach $10.5 trillion annually by 2025, heavily impacting patients. Persistent use of outdated IT systems and reactive cybersecurity measures exacerbate vulnerabilities. Strategies like network segmentation and an assumed breach approach are recommended to enhance cyber resilience, ensuring continuous operation and increasing response speed to mitigate these threats effectively.

Protecting the most vulnerable: Cybersecurity’s role in healthcare TechRadar

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IBM: Cost of a breach reaches nearly $5 million, with healthcare being hit the hardest

August 5, 2024

IBM's annual report on cybersecurity has revealed that the average cost of a data breach has risen to $4.88 million, a 10% increase from last year’s $4.45 million. Conducted with the Ponemon Institute, the study analyzed 604 organizations across 17 industries and 16 countries. This rise was noted as the largest since the pandemic began, with more than half of the organizations passing on the increased costs to customers through higher prices. Significant breach-related costs include lost business and post-breach activities, amounting to $2.8 million. In the healthcare sector, breaches cost an average of $9.77 million, marking it the most affected industry since 2011. The analysis covered various breach causes, including phishing and compromised credentials, with ransomware attack-related breaches showing cost savings when law enforcement was involved. The U.S. led in average breach costs at $9.36 million.

IBM: Cost of a breach reaches nearly $5 million, with healthcare being hit the hardest The Record Media

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OneBlood issues urgent call to blood donors after cyber attack

August 5, 2024

OneBlood, a significant nonprofit blood donation service for over 300 hospitals in the southeastern U.S., has experienced a ransomware attack compromising its software systems and reducing its operational capacity. Despite this, OneBlood continues to collect, test, and distribute blood through manual processes, which are slower and affect inventory availability. The organization is collaborating with cybersecurity experts and law enforcement to address the incident and restore system functionality. In response to the situation, OneBlood has requested that partner hospitals activate critical blood shortage protocols and has called for urgent blood donations, particularly of O positive, O negative, and platelets. National coordination through the AABB Disaster Task Force and contributions from blood centers across the country are aiding OneBlood's efforts. Founded in 2012, OneBlood has grown to become the second-largest blood center in the U.S., distributing over a million blood products annually.

OneBlood issues urgent call to blood donors after cyber attack Fox News

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Insights by Kate Gamble
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