Remove 2018 Remove Cryptocurrency Remove Cyber Insurance Remove Data breaches
article thumbnail

How security pros, the insurance industry, and regulators can combat ransomware

SC Magazine

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
article thumbnail

Why 83 Percent of Large Companies Are Vulnerable to This Basic Domain Hack

Adam Levin

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
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 Guide for Enterprise

Spinone

Ransom payments are generally demanded in the form of untraceable cryptocurrency such as Bitcoin. In IBM’s Cost of a Data Breach Report 2019 cited the following: Lost business is the biggest contributor to data breach costs The average cost of lost business in 2019 was $1.42

article thumbnail

Too Much Holiday Cheer? Here’s Something to Fear: Cybersecurity Predictions for 2020

Adam Levin

fewer of you to go around because at this moment in history everyone understands that a good CISO is critical to the ongoing success of an enterprise (the 2019 IBM Cost of Data Breach study found that the average cost to an organization was $3.92 Cryptocurrency miners will continue to get rich off of stolen electricity.