Security Affairs

FEBRUARY 8, 2024

Ransomware Attacks: In 2023, a whopping 72.7% of organizations faced ransomware. Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Market Size: The AI cyber security market was worth around $17.4 Shockingly, 96% of these attacks come through email. million per breach.

Social Engineering 118

Social Engineering Cyber Attacks Cyber Insurance IoT 118

CyberSecurity Insiders

JANUARY 24, 2022

CINCINNATI–( BUSINESS WIRE )–Great American Insurance Group recently launched EagleEye? According to Betty Shepherd, Divisional Senior Vice President, Great American Cyber Risk, EagleEye is a valuable loss prevention tool for insureds. We jumped at the opportunity to build a compelling solution for insureds.

Cyber Risk 52

Cyber Risk Insurance Risk Cyber Insurance 52

SecureWorld News

DECEMBER 7, 2022

From advancements in artificial intelligence (AI) to the continued evolution of ransomware and cyberattacks, the coming year is sure to bring significant developments in the world of cybersecurity. Cyber insurance trends in 2023. I t will be crucial for everyone to stay informed and prepared.

Cybersecurity 91

Cybersecurity Cyber Insurance Insurance Social Engineering 91

Security Boulevard

MAY 12, 2022

Even with the advancements in network isolation, containment, and prevention at the endpoint, hackers will still bypass predictive controls to execute malware attacks, ransomware exploits, account takeovers.etc. The Role Of Cybersecurity Insurance In A Predictive Security. What Is Not Covered Under Cyber Insurance?

Cyber Insurance 105

Cyber Insurance Insurance Marketing Firewall 105

Pen Test

OCTOBER 10, 2023

The Surge of Double Extortion Ransomware Attack s Ransomware attacks have become an increasingly severe threat to organizations around the world. The Evolution of Ransomware into Double Extortion Tactics The Basics of Ransomware Ransomware itself has been around for years.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

SecureWorld News

MAY 5, 2023

The City of Dallas, Texas, was forced to shut down police communications and IT systems on Monday morning, May 1, due to a suspected ransomware attack. Subsequently, the City has confirmed that a number of servers have been compromised with ransomware, impacting several functional areas, including the Dallas Police Department Website."

Ransomware 81

Ransomware Cyber Risk Cyber Insurance Social Engineering 81

The Last Watchdog

OCTOBER 5, 2023

Erin: What are some of the biggest cyber threats that businesses face today? Byron: The economic impact of phishing, ransomware, business logic hacking, Business Email Compromise (BEC) and Distributed Denial of Service (DDoS) attacks continues to be devastating. Erin: How has the ransomware threat evolved in recent years?

Cyber threats 203

Cyber threats Cyber Insurance Cybersecurity Threat Detection 203

Malwarebytes

MARCH 10, 2021

The REvil ransomware (AKA Sodinokibi , which operates as a Ransomware as a Service ) is adopting some outreach techniques after initial compromise , designed to shame victims into paying up. Malware authors and social engineers have relied on shame and the threat of exposure for years. Shaming victims into action.

Ransomware 118

Ransomware Insurance Cyber Insurance Social Engineering 118

SecureList

NOVEMBER 9, 2022

Supply-chain will become more of a sweet spot for targeted ransomware and state-sponsored espionage campaigns. Businesses will still be mostly concerned with ransomware. will lead more people to poverty, which always translates to increased criminality (cyber or otherwise), and we know ransomware to be extremely profitable.

Cybersecurity 128

Cybersecurity Cyber Insurance Cybercrime IoT 128

Malwarebytes

JULY 5, 2021

Other cybersecurity news.

Cyber Insurance 99

Cyber Insurance Social Engineering Scams Insurance 99

SecureWorld News

APRIL 1, 2021

Ransomware has been one of the hottest topics in cybersecurity during the last year. A storm made more severe by the pandemic, with so many employees working remotely, exacerbating the risk of ransomware. However, there are other contributing factors to the rise in ransomware the world witnessed in 2020.

Ransomware 57

Ransomware Cyber Insurance Social Engineering Cybercrime 57

BH Consulting

JUNE 13, 2023

Almost three-quarters of breaches (74 per cent) involve the human element through error, social engineering, stolen credentials or misusing privileges. Half of all social engineering attacks involve ‘pretexting’, where criminals fabricate a story to trick the victim. When is a cybersecurity incident a GDPR data breach?

Social Engineering 52

Social Engineering Data breaches Scams DDOS 52

SecureWorld News

OCTOBER 20, 2021

Especially because Accenture was hit with ransomware this year. On page 34 of the report, Accenture dives into the risk that cyber poses to the business. And that is the end of the section on cyber risk. Accenture featured this earning's news on page 2 in a big, bold font. Did the report leave anything out?

Cyber Risk 79

Cyber Risk Risk Insurance Cyber Insurance 79

BH Consulting

SEPTEMBER 7, 2022

As demand for cyber risk insurance increases, two recent developments could have policyholders scrambling to check their cover. In the United States, a judge dismissed a claim against an insurance company that refused to pay extra for losses due to business email compromise. And the cyber insurance market keeps growing.

Insurance 40

Insurance Social Engineering Cyber Risk Cyber Insurance 40

Malwarebytes

FEBRUARY 3, 2023

This is no surprise as phishing is often the prelude to more serious threats like ransomware, breaches, and BEC scams. Other worries were the rise in premium prices for cyber insurance, and the security implications of the rise in flexible working.

Scams 85

Scams Banking Cyber Insurance Cybercrime 85

Thales Cloud Protection & Licensing

JULY 21, 2022

From the ransomware attack that compromised a major U.S. 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. The Threat of Ransomware. In fact, in recent years, ransomware has almost completely changed breach economics.

Cyber threats 71

Cyber threats Energy and Utilities Ransomware IoT 71

SecureWorld News

NOVEMBER 1, 2021

Americans’ personal information, stolen en masse by state-backed actors and online gangs alike, is being weaponized via increasingly sophisticated social engineering or disinformation campaigns. Criminals and extremists similarly can threaten unprecedented levels of disruption and coercion.

Cybersecurity 73

Cybersecurity Government Cyber Insurance Technology 73

ForAllSecure

MAY 17, 2023

Small to Medium Business are, today, the target of APTs and ransomware. Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. VAMOSI: Cybersecurity insurance.

Internet 40

Internet Internet Insurance Cyber Insurance 40

Adam Levin

MARCH 16, 2020

That is exponentially more expensive than other cyber events. Consider that the average cost for a ransomware attack against a business is about $4,400, and your run of the mill phishing incident weighs in at a much less hefty $500. billion in BEC scam-related losses the year before. . It’s Time to Do Something.

Scams 130

Scams Identity Theft Phishing Accountability 130

eSecurity Planet

MARCH 17, 2023

Examples of threatening traffic that IDPS solutions can combat include network intrusions, DDoS attacks, malware, and socially engineered attacks. In worst-case scenarios, these firms should cover your business if you’re impacted by a data breach that leaks sensitive information and leads to fines and legal fees.

Network Security 117

Network Security Penetration Testing Firewall Antivirus 117

SecureWorld News

OCTOBER 19, 2023

RELATED: Ransomware Incident Response: What Is It Like? ] "Reduced spending on cybersecurity doesn't have to equate to the inability to implement a certain control," said Krista Arndt, CISO at United Musculoskeletal Partners. As cyber threats surge, the expenses associated with cyber insurance rise, adding to the financial strain.

Cybersecurity 78

Cybersecurity CISO Education Phishing 78

Security Boulevard

JANUARY 18, 2024

Attackers will leverage AI for more scalable and effective social engineering attacks, disinformation campaigns, vulnerability discovery, and exploit amplification. Eventually, risk management, resource allocation optimization, and insurance modeling will benefit as a result. In 2024: 1. In 2024: 1.

Risk 115

Risk Cybersecurity CISO Technology 115