NetSpi Executives

APRIL 27, 2024

Victims pay ransomware adversaries for decryption keys through cryptocurrency, such as Bitcoin. Do antivirus and endpoint detection and response (EDR) tools stop ransomware? Some can’t afford not to pay, and some are covered by cyber insurance. Should I get a ransomware cyber insurance policy?

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

Webroot

OCTOBER 14, 2022

In other words, 2022 has been an eventful year in the threat landscape, with malware continuing to take center stage. Since the mainstreaming of ransomware payloads and the adoption of cryptocurrencies that facilitate untraceable payments, malicious actors have been innovating new methods and tactics to evade the latest defenses.

Malware 61

Malware Antivirus DDOS Cyber Insurance 61

Thales Cloud Protection & Licensing

AUGUST 11, 2021

Intergovernmental organizations, national police departments, and antivirus vendors do their best to have the information corrupted by encryption malware available to its legitimate holders. Ransomware incidents covered by cyber insurance policies. They do it free of charge. Again, they do not charge any fees for that.

Ransomware 71

Ransomware Insurance Encryption Cyber Insurance 71

eSecurity Planet

FEBRUARY 16, 2021

For access to the decryption key, the victim must make prompt payment, often in cryptocurrency shielding the attacker’s identity. In the event of a successful breach, your team must be ready to restore systems and data recovery. Bitdefender : Bitdefender Antivirus Plus. Rapid Response Testing. Sandbox Testing. Description.

Ransomware 97

Ransomware Backups Software Encryption 97

Spinone

OCTOBER 13, 2020

Ransom payments are generally demanded in the form of untraceable cryptocurrency such as Bitcoin. Global Averages for a Data Breach The following statistics are cited in IBM’s Cost of a Data Breach Report 2019 as the global averages for a data breach event. Just the ransom payment alone can be tremendously expensive.

Ransomware 52

Ransomware Backups Data breaches Encryption 52