Malwarebytes

JANUARY 15, 2023

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. Cybersecurity risks should never spread beyond a headline.

Ransomware 77

Ransomware Backups Education VPN 77

Malwarebytes

SEPTEMBER 30, 2022

And a key part of building out any cybersecurity policy for your local government is to develop an organizational understanding of risk to systems, people, data, and so on. Take cyber insurance , for example. Related : Cyber threat hunting for SMBs: How MDR can help. Also delivered free of charge by the NCATS team.

Government 59

Government Cybersecurity Cyber Insurance Insurance 59

SC Magazine

MAY 13, 2021

Last year a friend was preparing for a cybersecurity roundtable and asked me a thought-provoking question: What “black swan” event will make the world take stock of cybersecurity as an existential risk to the world? Every year, cyber events nudge up the digital risk level and we’ve become desensitized to the increasing temperature.

Energy and Utilities 64

Energy and Utilities Ransomware Cyber Insurance Risk 64

SecureWorld News

SEPTEMBER 23, 2021

His unique insights around cybersecurity-related topics shine a light on ransomware risk for organizations, government agencies, and the public. It starts with having a robust strategic plan that focuses on risk management. Within that, it's four categories: preparation, updates, protection, and backups.

Ransomware 66

Ransomware Cyber Insurance Insurance Government 66

CyberSecurity Insiders

OCTOBER 24, 2022

These attacks also tend to be more successful in access and payout in the event of ransom demands, with 74% of attacks ending successfully for hackers. Again, this incident demonstrates the importance of maintaining backups of data (especially sensitive and critical data) and managing human behavior as they access the systems.

Education 58

Education Cyber Attacks Cyber Insurance Insurance 58

SecureWorld News

DECEMBER 2, 2020

We carry insurance, including cyber insurance, which we believe to be commensurate with our size and the nature of our operations. Which of the ransomware gangs or groups hit K12 Inc and its network in this cyber attack? Number one, we're going to want to think about the viability of the backups? How old are they?

Cyber Insurance 53

Cyber Insurance Insurance Ransomware Backups 53

Centraleyes

MARCH 19, 2024

Geopolitical events wield substantial influence over global business operations. Critical considerations include assessing business recovery risks, ensuring employee safety, and mitigating financial losses. In the event of a security breach, an IRP ensures rapid response.

Risk 52

Risk Backups Technology Cyber threats 52

eSecurity Planet

FEBRUARY 16, 2021

With vulnerabilities rooted in unsuspecting users, the task of preventing these attacks means both staff training and a robust email and network security system that includes a strong backup program so you have a recent copy of your data that you can roll back to. Offline Backups. Screenshot example. Description. Staff Awareness.

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Ransomware Backups Software Encryption 97

Duo's Security Blog

JULY 6, 2021

The eight areas are: Application Control Patch Applications Configure Microsoft Office Macro Settings User Application Hardening Restrict Administrative Privileges Patch Operating Systems Multi Factor Authentication Daily Backups Each area comes with guidance to improve maturity of the area. Watch this space — there’s more to come!

Government 143

Government Architecture Backups Encryption 143

Cisco Security

MARCH 22, 2022

Left of Boom refers to actions you can take to protect your organization before a cyber incident. It includes the following advice: Have visibility and control of all assets and actionable metrics to measure cyber risk. Backup all critical data at least daily. Cyber insurance is not the answer!

Cyber Insurance 66

Cyber Insurance Authentication Insurance Cyber Risk 66

Spinone

DECEMBER 8, 2016

What is G Suite Security Insurance? There are many G Suite security risks. G Suite security insurance removes and mitigates major risks of malware attacks and imposes those on the insurance company. Many small businesses rely on manual backup practices such as nightly backups to external storage media.

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Insurance Small Business Backups Cyber Insurance 40

SC Magazine

JUNE 30, 2021

Roughly three in four individuals assert that companies should not submit to the demands of ransomware gangs in the event are infected, says one survey report. We recommend they invest in security and backups to better defend against the threat.”. (Alexxsun, CC BY-SA 4.0 link] , via Wikimedia Commons). So which is it?

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Ransomware Backups Cyber Insurance Media 82

Security Boulevard

JUNE 26, 2022

That $3.29, even with cyber insurance, is still a significant hit to the organization’s bottom line. If the CEO requires a 20% reduction across the whole organization, reducing security only puts the company at risk for a breach that could make far more financially impactful than a drop in sales. Culture of Security.

Information Security 98

Information Security Technology Marketing Cyber Insurance 98

Thales Cloud Protection & Licensing

AUGUST 11, 2021

Even the most critical damages caused by ransomware are repairable as long as you have a solid backup strategy. Ransomware incidents covered by cyber insurance policies. Insurance is a valid and efficient tool mitigating the risks of encryption posed by your system's exposure to malware.

Ransomware 71

Ransomware Insurance Encryption Cyber Insurance 71

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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Ransomware Backups Data breaches Encryption 52

ForAllSecure

MAY 30, 2023

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. Does that mean that there was no ransomware occurring? And instead we're only going to extort you for the information that we steal.

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Ransomware Encryption Authentication Backups 40