Webroot
SEPTEMBER 7, 2023
Cybercrime is on the rise. billion to data breaches and cybercrime. billion to data breaches and cybercrime. This is all happening while companies are spending trillions digitizing their business operations and trying to obtain secure cyber insurance while keeping up with regulatory changes in GDPR, HIPAA, and Sarbanes-Oxley.
Adam Levin
MARCH 16, 2020
The Federal Bureau of Investigation’s 2019 annual Internet Crime Report included 467,361 complaints about suspected internet crime with losses of $3.5 billion, or roughly half, of the total losses in 2019 were attributed to generic email account compromise (EAC) complaints. billion in BEC scam-related losses the year before.
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SecureWorld News
OCTOBER 5, 2020
This was not about the cybercrime itself, but instead, the regulatory trouble your organization could face for facilitating ransomware payments. The Treasury Department says it declares certain ransomware gangs and cybercrime groups as sanctioned for their actions. Ransomware groups may be sanctioned; paying could be trouble.
Adam Levin
MARCH 2, 2020
And it wasn’t because the media paid more attention to this relative newcomer in the area of cybercrime. Ransomware attacks on businesses skyrocketed 365 percent in 2019, and all signs point to more of the same in 2020. If your company already has cyber insurance coverage, consider increasing it.
Security Affairs
MAY 1, 2020
The hackers claim to have compromised the Banco BCR’s network in August 2019, and had the opportunity to exfiltrate its information before encrypting the files. Maze Ransomware ransomware operators recently disclose other attacks against different organizations, including IT services giant Cognizant , and cyber insurer Chubb.
SecureWorld News
NOVEMBER 12, 2020
Fileless malware attacks increased by 265% during the first half of 2019. In some of the 2019 incidents , the ransom or the costs of recovery was covered by such contracts. Specific examples of how the cyber threat landscape is shifting. Researchers also found that file-less ransomware skyrocketed and that trend makes sense.
Cytelligence
JANUARY 27, 2020
Damages from ransomware in 2019 rose to over $11.5 Ransomware in 2019 . The number of ransomware attacks increased in 2019 — but worse, 22 of those cyberattacks shut down a city, county and even state government computer systems. with several attacks in 2019. What strategies do cybercriminals use?
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