cheers attacks Innovancde

Incident Date:

June 30, 2022

World map

Overview

Title

cheers attacks Innovancde

Victim

Innovancde

Attacker

Cheers

Location

Queens, USA

NY, USA

First Reported

June 30, 2022

Innovance: A Healthcare Services Provider Targeted by Cheers Ransomware Group

Innovance, a healthcare services provider operating in South Africa, has been targeted by the Cheers ransomware group. The company's website provides contact information and a brief overview of their services, yet it lacks detailed information about the company's size and unique selling points.

Vulnerabilities and Threats

Ransomware attacks, such as the one experienced by Innovance, pose significant risks to both the targeted organization and its clients. These attacks involve the encryption of the victim's data, making it inaccessible until a ransom is paid. In some instances, attackers may also threaten to leak the data if the ransom is not met.

The healthcare sector is especially vulnerable to ransomware attacks due to the sensitive nature of the data it manages. A successful attack can lead to the loss of patient records, financial data, and other critical information, resulting in substantial financial losses, reputational damage, and potential legal consequences.

Mitigating Ransomware Attacks

To mitigate the risk of ransomware attacks, organizations are advised to implement a multi-layered security strategy. This strategy should include:

  • Regular updates to software and operating systems
  • Enforcement of strong password policies and multi-factor authentication
  • Education for employees on phishing and social engineering tactics
  • Regular data backups and testing of the backup process
  • Implementation of network segmentation and access control policies
  • Monitoring of network traffic for suspicious activity

The attack on Innovance by the Cheers ransomware group underscores the critical need for robust cybersecurity measures within the healthcare sector. By adopting a comprehensive security strategy, organizations can significantly reduce the risk of successful ransomware attacks and minimize the potential impact of such incidents.

Sources

Recent Ransomware Attacks

The Recent Ransomware Attacks (RRA) site acts as a watchtower, providing you with near real-time ransomware tracking of attacks, groups and their victims. Given threat actors’ overarching, lucrative success so far, ransomware attacks have become the most ubiquitous, and financially and informationally impactful cyber threat to businesses and organizations today.

The site’s data is generated based on hosting choices of real-world threat actors, and a handful of other trackers. While sanitization efforts have been taken, we cannot guarantee 100% accuracy of the data. Attack updates will be made as source data is reported by reputable sources. By viewing, accessing, or using RRA you acknowledge you are doing so at your own risk.