Ransomware Attacks Are Now Being Reported as Data Breaches
Ransomware Attacks Are Now Being Reported as Data Breaches Ransomware victims are now starting to report ransomware attacks as data breaches. Health care company Magellan Health is one of the companies that recently acknowledged that ransomware attack constitutes data breach. In May of this year, Magellan Health filed a breach notification with the office of the Attorney General of California stating that it fell victim to a ransomware attack and attackers exfiltrated a subset of data from a single Magellan corporate server. Magellan Health's notification to its customers and employees states that the notification was done "out of an abundance of caution." In April of this year, Cognizant, one of the Fortune 500 companies, admitted that its internal systems fell victim to Maze ransomware which caused service disruptions. Cognizant said,…