Remove Cyber Insurance Remove Healthcare Remove Risk Remove Social Engineering
article thumbnail

26 Cyber Security Stats Every User Should Be Aware Of in 2024

Security Affairs

Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Cyber Skills Gap: By 2025, there could be 3.5 million unfilled cyber security jobs, showing a big need for skilled professionals. Soaring Cyber Crime Costs: Cyber crime costs are expected to hit $10.5

article thumbnail

The Unseen Threats: Anticipating Cybersecurity Risks in 2024

Security Boulevard

Cybersecurity risks increase every year and bludgeon victims who fail to prepare properly. For those interested in a better understanding of the oncoming risks, this is the information you are looking for. It can feel like crossing a major highway while blindfolded. Many never see the catastrophe about to happen, until it occurs.

Risk 115
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ransomware Prevention, Detection, and Simulation

NetSpi Executives

Ransomware, a definition Ransomware is a set of malware technologies, hacking techniques, and social engineering tactics that cybercriminals use to cause harm, breach data, and render data unusable. Ransomware attackers get into a network in many ways: Social engineering. Should I get a ransomware cyber insurance policy?

article thumbnail

Cybersecurity threats: what awaits us in 2023?

SecureList

The ongoing geopolitical storm brings not only classical cyberthreats for business, but also unpredictable risks and ‘black swans’ The main problem for 2023 will be supply-chain stability and cybersecurity. Yet, in addition to cyber insurance, companies will need a designated DR or RR (Rolling Recovery) plan.

article thumbnail

What is Cyber Liability Insurance?

Duo's Security Blog

While the risk of an employee clicking on a foreign prince’s secret gold offer may be past us, modern-day technologies have evolved and expanded in today’s remote work and IoT-connected settings. Don’t worry though, there's already an insurance policy for that. What is Cyber Liability Insurance?

article thumbnail

The Ongoing Cyber Threat to Critical Infrastructure

Thales Cloud Protection & Licensing

Reducing the risk of attacks such as ransomware and malware on CNI will be of paramount importance to the stability of nation states for years to come. For many organizations, paying the ransom can be less damaging than risking any additional impacts. The Threat of Ransomware.

article thumbnail

The Surge of Double Extortion Ransomware Attacks

Pen Test

Double extortion introduces catastrophic risks of data breach and loss of customer trust if sensitive information gets leaked publicly. With the high stakes, many victims decide the potential reputational harm and liability from data exposure is too great a risk and opt to pay extortion ransoms. Stress reporting suspicious activity.