Hackers attacked dozens of Russian banks by sending letters on behalf of FinCert on Tuesday, March 15, Kaspersky Lab said in a report on Wednesday.
FinCert is a structure of the Central Bank, which warns financial institutions of cyber threats.
“On March 15, dozens of Russian banks became targets of cyberattacks by means of sending malicious messages to electronic addresses of their employees. The peculiarity of this attack was that cybercriminals posed as FinCert, a special department of the Central Bank, created about a year ago to inform Russian banks on security incidents in the financial sector,”- according to the report.
$1.55 million settlement underscores the importance of executing HIPAA business associate agreements
North Memorial Health Care of Minnesota has agreed to pay $1,550,000 to settle charges that it potentially violated the Health Insurance Portability and Accountability Act of 1996 (HIPAA) Privacy and Security Rules by failing to enter into a business associate agreement with a major contractor and failing to institute an organization-wide risk analysis to address the risks and vulnerabilities to its patient information.
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