SC Magazine

APRIL 19, 2021

AIG is one of the top cyber insurance companies in the U.S. Today’s columnist, Erin Kennealy of Guidewire Software, offers ways for security pros, the insurance industry and government regulators to come together so insurance companies can continue to offer insurance for ransomware. eflon CreativeCommons CC BY 2.0.

Insurance 113

Insurance Cyber Insurance Ransomware InfoSec 113

Security Affairs

NOVEMBER 6, 2018

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. Based on the risk score, CryptoIns experts have calculated insurance rates for cryptocurrency exchange users who can now insure their accounts against cyber threats.

Insurance 59

Insurance Cryptocurrency Cyber threats Marketing 59

Adam Levin

JULY 8, 2020

Hackers were also quick to pounce on the disruption caused by the 2018 shutdown of the U.S. A recent domain hijack of Japanese cryptocurrency exchange Coincheck.com was used to spoof the company in a spear-phishing campaign. Many of these faux-Zoom sites were used to distribute malware under the guise of links to online meetings.

Hacking 130

Hacking Retail Cyber Insurance Authentication 130

Cytelligence

JANUARY 14, 2020

Evolution of mobile malware attacks – The first half of 2019 saw a 50% increase in attacks by mobile banking malware compared to 2018. The rise of cyber insurance – Underwriters will sell more cyber insurance policies for businesses and government agencies such as schools, hospitals and utilities. Eradication.

Cybersecurity 65

Cybersecurity Cyber Insurance Insurance Ransomware 65

Adam Levin

DECEMBER 27, 2019

With what we experienced in 2016 and 2018, is there any doubt there will be a rise in disinformation–homegrown and imported–of all stripe in the upcoming elections? Cryptocurrency miners will continue to get rich off of stolen electricity. You’re going to have personal cyber insurance.

Cybersecurity 100

Cybersecurity CISO IoT Insurance 100

eSecurity Planet

FEBRUARY 16, 2021

For access to the decryption key, the victim must make prompt payment, often in cryptocurrency shielding the attacker’s identity. The Ryuk ransomware family spawned in 2018 from a sophisticated Russia-based cybercrime group. Attackers will inform the victim that their data is encrypted.

Ransomware 97

Ransomware Backups Software Encryption 97

Spinone

OCTOBER 13, 2020

Ransom payments are generally demanded in the form of untraceable cryptocurrency such as Bitcoin. This is quite a feat as it was only first discovered in mid-august 2018. In fact, one report shows that business email compromises are 23% of cyber insurance claims.

Ransomware 52

Ransomware Backups Data breaches Encryption 52