Malwarebytes

JANUARY 15, 2023

Special Educational Needs (SEN) data. As we’ve seen recently, cyber insurance is no guarantee of avoiding a ransomware pitfall either with refusal of payout being decided in a court of law. Backup your data. Backups are the last line of defence against an attack that encrypts your data.

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Ransomware Backups Education VPN 80

CyberSecurity Insiders

OCTOBER 20, 2021

The only saving grace was that the city had invested in both on-premise and cloud backups. When trying to log on to their computers, users were getting a message saying the systems had been encrypted with Ransom.Robinhood ransomware. Backup Strategy. Having a backup strategy is also critical. Still, it cost U.S. $18

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Ransomware Backups Insurance Cyber Insurance 111

SecureWorld News

DECEMBER 2, 2020

issued an unusually detailed statement to investors about the cyberattack, its decision to pay the ransom and next moves by the online education provider. For starters, the company says hackers did not gain access to its Learning Management System (LMS) which delivers educational content and classes to its students. How old are they?

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Cyber Insurance Insurance Ransomware Backups 53

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. Lock down Remote Desktop Protocols (RDP) Educate end users Install reputable cybersecurity software Set up a strong backup and disaster recovery plan.

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Malwarebytes

SEPTEMBER 30, 2022

Take cyber insurance , for example. Cyber insurance can prevent local governments from having to pay huge out of pocket costs in the event that they’re hit with a cyberattack. Data encryption for data at rest and in transit. Check out our government case studies and education pages for more information.

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Government Cybersecurity Cyber Insurance Insurance 60

Spinone

OCTOBER 13, 2020

Whether it is synchronized files from on-premises to cloud environments or the risk of encryption of cloud email, ransomware is a real threat to your data. As is often the case, the cost of restoring files from backups can amount to more than paying the ransom. Backups aren’t working. Why do businesses pay the ransom?

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Security Boulevard

JUNE 2, 2022

Double-extortion attacks, which include data exfiltration in addition to encryption, are rising even faster at 117% year-over-year. Some industries saw particularly high growth of double-extortion attacks, including healthcare (643%), food service (460%), mining (229%), education (225%), media (200%), and manufacturing (190%).

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Ransomware Architecture Manufacturing Encryption 105

SC Magazine

FEBRUARY 25, 2021

It’s a little blunt to be a solution,” said Mike McNerney, chief operating officer of Resilience, which provides cyber insurance, and a former policy adviser to the Department of Defense. “We’re going to end up criminalizing being a victim. They will still pay, but it will be illegal. Part of the problem is technical.

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Ransomware Insurance Government Cryptocurrency 104

ForAllSecure

MAY 30, 2023

” Over the next few weeks, chats from encrypted Telegram, and other communications were leaked. Obviously, organizations gotten smart to that and they started doing offline backups securing their backups differently, so that they would continue to have access and availability. By no means. Of the of the incident.

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Ransomware Encryption Authentication Backups 40