CiphBit Ransomware Initiates MPM Medical Supply Cyberattack | #ransomware | #cybercrime

The notorious CiphBit ransomware group has claimed another victim, with MPM Medical Supply falling prey to their cyber onslaught. The medical supply company’s website, MPM, has been infiltrated by the malicious group, raising concerns about the safety of sensitive data stored on the platform.

As of now, the cybercriminals have not disclosed the motive behind the MPM Medical Supply cyberattack, leaving a cloud of uncertainty regarding the extent of the data breach or the compromised information.

Details about MPM Medical Supply Cyberattack

The Cyber Express reached out to MPM Medical Supply officials to verify the authenticity of the claim, but a response is still pending. Surprisingly, upon accessing the official website, it appears to be fully accessible, adding a layer of mystery to the MPM Medical Supply cyberattack claim.

MPM Medical Supply Cyberattack

The healthcare sector, in particular, has become a hotspot for cybercriminal activities. In the first quarter of 2023, the U.S. government’s Office for Civil Rights (OCR) reported a surge in cyberattacks within the healthcare industry. This disconcerting trend highlight the vulnerabilities inherent in healthcare infrastructure and the relentless pursuit of cyber attackers in exploiting these weaknesses.

Healthcare Sector’s Vulnerabilities

This incident comes on the heels of a recent major data breach affecting Henry Schein Inc., one of the leading distributors of dental supplies with a staggering US$12.6 billion in sales in 2022. The breach impacted core systems, including distribution and ecommerce, forcing the company to temporarily halt online functionality. Although the cyberattack occurred on October 14, the company has only recently regained online capabilities.

The aftermath of the attack has caused a delay in filing the third-quarter earnings report, with Henry Schein anticipating filing an insurance claim in 2024, capped at a substantial US$60 million after-tax limit. Despite the challenges faced, the company expressed gratitude for the support received from customers and acknowledged the pervasive nature of cyber issues in the healthcare sector.

As the cybersecurity landscape continues to evolve, the healthcare sector finds itself grappling with an increasing threat from cybercriminals, demanding a concerted effort to fortify digital defenses and protect the sensitive data that underpins the very fabric of our society. The unfolding situation at MPM Medical Supply highlights the urgency for organizations to prioritize cybersecurity measures and remain vigilant in the face of relentless cyber threats.

Media Disclaimer: This report is based on internal and external research obtained through various means. The information provided is for reference purposes only, and users bear full responsibility for their reliance on it. The Cyber Express assumes no liability for the accuracy or consequences of using this information.

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