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A Cyber Insurance Backstop

Schneier on Security

One possible solution, touted by former Department of Homeland Security Secretary Michael Chertoff on a recent podcast , would be for the federal government to step in and help pay for these sorts of attacks by providing a cyber insurance backstop. But this is easier said than done.

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One Year Later: What Have We Learned Since the Colonial Pipeline Attack

Thales Cloud Protection & Licensing

While implementation of security technologies such as multi-factor authentication and encryption have slightly increased, we have not yet reached the level where the majority of applications, data and operational technology are fully protected. Cyber insurance coverage ramps up. How to ensure business resilience.

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What is Ransomware? Everything You Should Know

eSecurity Planet

Ransomware is a type of malicious program, or malware, that encrypts files, documents and images on a computer or server so that users cannot access the data. These keys are available to the attacker, and the encryption can only be decrypted using a private key. How Does Ransomware Work?

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Ransomware Prevention, Detection, and Simulation

NetSpi Executives

Logins without multi-factor authentication. In addition to encrypting data and holding it hostage, ransomware attackers also upload valuable data to other systems on the internet. Rather than stealthily copying the data, ransomware attackers may upload the data quickly to a website via FTP using SSH encryption.

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How to Recover From a Ransomware Attack

eSecurity Planet

An organization must: Prepare a good backup policy and procedure. We should encrypt data at rest. We should use multi-factor authentication. We also need to periodically check that the policy is up to date with the latest insurance providers, incident response vendors, attorneys, and executives’ contact information.

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Cybersecurity for Nonprofits: Cost-Effective Defense Strategies

SecureWorld News

Remember, sometimes a little common sense goes a lot further than the fanciest encryption out there. Ransomware is another significant threat, where attackers encrypt an organization's data and demand payment for its release. The key here is implementing smart, affordable cybersecurity strategies that work best for nonprofits.

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Higher Ed Ransomware Attack: University Pays Hackers $450,000

SecureWorld News

The ISO assisted the college in restoring locally managed IT services and systems from backup copies. The University had servers encrypted but restored the systems and the access from backups. Why pay if you have restored access to your encrypted system, the way the University of Utah was able to do?