Schneier on Security

FEBRUARY 28, 2024

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.

Cyber Insurance 230

Cyber Insurance Insurance Government Cyber Risk 230

Security Affairs

APRIL 22, 2022

When security fails, cyber insurance can become crucial for ensuring continuity. Cyber has changed everything around us – even the way we tackle geopolitical crisis and conflicts. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance.

Cyber Insurance 79

Cyber Insurance Insurance Risk Technology 79

Krebs on Security

MARCH 4, 2022

The leaked chats show that the Conti group — which fluctuated in size from 65 to more than 100 employees — budgeted several thousand dollars each month to pay for a slew of security and antivirus tools. For now, take a look at the documents and see if there is insurance and bank statements.”

Ransomware 212

Ransomware Insurance Cyber Insurance Accountability 212

NetSpi Executives

APRIL 27, 2024

Do antivirus and endpoint detection and response (EDR) tools stop ransomware? Only about 20% of the ransomware tactics, techniques, and procedures (TTP) used by ransomware attackers are identified out-of-the-box by antivirus (AV), endpoint detection and response (EDR), and security information and event management (SIEM) tools.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

eSecurity Planet

MARCH 17, 2023

Rootkit scanning solutions are best suited for personal devices and programs, while antimalware, antivirus, EDR, and XDR tend to be more effective at identifying and responding to malware on a business scale. In many cases, antivirus protection is included as part of a greater cybersecurity suite of solutions, such as EDR or XDR.

Network Security 117

Network Security Penetration Testing Firewall Antivirus 117

Webroot

OCTOBER 14, 2022

As a result, many organizations are shifting away from cyber insurance and adopting layered defenses in an effort to achieve cyber resilience. Strategies for individuals. The post Discover 2022’s Nastiest Malware appeared first on Webroot Blog.

Malware 61

Malware Antivirus DDOS Cyber Insurance 61

Thales Cloud Protection & Licensing

AUGUST 11, 2021

Subject to the malware class and timeframes for decryption set by the attackers, too many victims end up transferring funds to the hacker’s accounts. The FBI Cyber Division strongly recommends making no contributions to the malefactors. Ransomware incidents covered by cyber insurance policies. They do it free of charge.

Ransomware 71

Ransomware Insurance Encryption Cyber Insurance 71