Remove 2019 Remove Cyber Insurance Remove Data breaches Remove Phishing
article thumbnail

4 ways businesses can save money on cyber insurance

Malwarebytes

So, your business has just suffered a data breach and it’s time to dig deep in your pockets to pay all the resulting expenses. Without cyber insurance , you can expect to pay a dizzying amount of cash. Here are four ways your business can save money on its insurance. How is cyber insurance priced?

article thumbnail

Report: Cyberattacks drive 185% spike in health care data breaches in 2021

SC Magazine

million patients have been impacted by a health care data breach so far in 2021, a whopping 185% increase from the same time period last year where just 7.9 The health care sector saw over 6,000 phishing emails out of an average of 451,792 emails. of all phishing attacks were business email compromise attempts, and just 2.2%

Insiders

Sign Up for our Newsletter

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

article thumbnail

You’ve Never Heard of the C-Suite Targeting Scam, but It’s a Killer

Adam Levin

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. So Isn’t BEC Just Another Form of Phishing?

Scams 130
article thumbnail

Building a Cyber Resilient Business: The Protection Layer

Webroot

The number of ransomware attacks has increased by 18% , while the worldwide volume of phishing attacks doubled to 500 million in 2022. billion to data breaches and cybercrime. The best way to weather these challenges is to become a cyber resilient business. Here are two tools that can protect your data: 1.

article thumbnail

Ransomware Is the No. 1 Cyber Threat This Year. Here’s What You Can Do

Adam Levin

Ransomware attacks on businesses skyrocketed 365 percent in 2019, and all signs point to more of the same in 2020. Phishing attacks, unpatched software vulnerabilities, and ransomware attacks all amount to an exercise of futility. If your company already has cyber insurance coverage, consider increasing it.

article thumbnail

These are the 15 Top Cyber Threats Now

SecureWorld News

First, however, let's look at the top 15 cyber threats organizations face right now, according to the report: Malware. Data Breach. Cyber Espionage. 50%_increase in malware designed to steal personal data or stalkerware. Fileless malware attacks increased by 265% during the first half of 2019. Ransomware.

article thumbnail

Security Roundup June 2023

BH Consulting

Target the human, swipe the cash: Verizon DBIR 2023 highlights crime trends Manage the human risk and mind your money: those are two key takeaways from Verizon’s 2023 Data Breach Investigations Report. Phishing frauds involving email, text messages and video were up by 417 per cent in the same time period.