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PhilHealth Hacking Shows Cybercriminals Often a Step Ahead of Organizations’ Defenders

Credit for image: Radio Mindanao Network (RMN)

Medusa’s taking over of Philippine government agency’s website and infection with ransomware of its system confirms there’s no silver bullet against cybercriminals’ attacks

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(SDN) — Some cybersecurity vendors offering services to protect organizations from hackings have admitted when asked by SDN — SciTech and Digital News that there’s no silver bullet against cyberattacks.

And as shown by cybercriminals hacking of the Philippine Health Insurance Corp. (PhilHealth), state health insurer for Filipinos, preventing every cyberattack is like shooting for the moon with a slingshot.

At least security vendors have admitted that much: They are powerless to do the impossible.

Came now the Medusa ransomware group attacking and infecting the website and network system of PhilHealth on September 22. The cyber bad guys behind Medusa have demanded from the Philippine government $300,000 as ransom payment in exchanging for deleting the stolen data now being peddled on the Dark Web. They will also provide the key to decrypt the data the group encrypted, said Undersecretary Jeffrey Ian Dy of the Department of Information and Communications Technology (DICT), in a Philippine Star report.

Dy said the Medusa group asked for $300,000 (around Php17 million) to settle the attack.

PhilHealth is not alone in being a victim of cybercriminals in the country.

In fact, as Sophos security vendor revealed in May 2022, per Rappler, it found out in a survey that 69 percent of organizations it studied in the country were hit by ransomware attacks. The same survey showed the global rate for ransomware attacks is only 66 percent.

In relation with the cyber incident, Kaspersky, a leading global cybersecurity company, said in a statement that the firm’s solutions detected the Medusa ransomware.

Here’s the company’s full statement:

Kaspersky solutions detect Medusa ransomware

Our products detect Medusa ransomware by File Threat Protection as variants of Trojan-Ransom.Win32.MedusaNg. Additionally, products with the Behavior Detection component detect even unknown variants of this malware proactively as PDM:Trojan.Win32.Generic.

With the help of our self-defense technology, our endpoint solution efficiently prevents malicious attempts to interfere with normal operation of the product.

To keep your company protected against Medusa and other modern ransomware attacks, Kaspersky experts recommend:

A casual check on www.philhealth.gov.ph still cannot be accessed or opened. (/)

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