Monday, September 19, 2022
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Social Engineering Targets Healthcare Cost Processors


FBI Warns of Financial ExtortionThe US Federal Bureau of Investigation (FBI) has issued an alert warning of a rise in phishing and different social engineering assaults towards healthcare cost processors.

“In every of those studies, unknown cyber criminals used staff’ publicly-available Personally Identifiable Data (PII) and social engineering methods to impersonate victims and acquire entry to information, healthcare portals, cost info, and web sites,” the Bureau says. “In a single case, the attacker modified victims’ direct deposit info to a checking account managed by the attacker, redirecting $3.1 million from victims’ funds.”

The FBI describes three profitable social engineering assaults towards these entities:

  • “In April 2022, a healthcare firm with greater than 175 medical suppliers found an unauthorized cyber prison posing as an worker had modified Automated Clearing Home (ACH) directions of one in all their cost processing distributors to direct funds to the cyber prison slightly than the supposed suppliers. The cyber prison efficiently diverted roughly $840,000 {dollars} over two transactions previous to the invention.”
  • “In February 2022, a cyber prison obtained credentials from a serious healthcare firm and altered direct deposit banking info from a hospital to a client checking account belonging to the cyber prison, leading to a $3.1 million loss. In mid-February 2022, in a separate incident a special cyber prison used the identical methodology to steal roughly $700,000.
  • “From June 2018 to January 2019, cyber criminals focused and accessed at the least 65 healthcare cost processors all through america to exchange reputable buyer banking and speak to info with accounts managed by the cyber criminals. One sufferer reported a lack of roughly $1.5 million. The cyber criminals used a mixture of publicly accessible PII and phishing schemes to achieve entry to buyer accounts. Entities concerned in processing and distributing healthcare funds by processors stay susceptible to exploitation by way of this methodology.”

New-school safety consciousness coaching can allow your staff to thwart social engineering assaults.

The FBI has the story.



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