2019 Cyber Insurance Encryption 
CSO Magazine
MAY 15, 2023
Companies with cyber insurance are more likely to get hit by ransomware, more likely to be attacked multiple times, and more likely to pay ransoms, according to a recent survey of IT decision makers. To read this article in full, please click here
SC Magazine
APRIL 5, 2021
Facebook is among the companies that would like to incorporate end-to-end encryption to benefit users. United Kingdom Home Secretary Priti Patel is set to tell a conference of child protection activists that end-to-end encryption puts children at risk, according to a draft invitation seen by Wired UK.
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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.
CyberSecurity Insiders
JANUARY 26, 2022
Merck was one of the company that was targeted by the said file encrypting malware gang. The pharmaceutical company thought that its cyber insurance will cover the incurred losses and so tried its best to recover from the consequences by diverting its annual budgetary funds for the damaged IT infrastructure.
Webroot
SEPTEMBER 7, 2023
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. The best way to weather these challenges is to become a cyber resilient business.
eSecurity Planet
OCTOBER 18, 2022
However, even with the best planning, organizations can find a few users, machines, or systems that were overlooked or whose backup may be corrupted or encrypted. First, call the cyber insurance company that issued the organization’s cybersecurity policy. How Does Ransomware Encryption Work?
SecureWorld News
NOVEMBER 12, 2020
67%_of malware was delivered via encrypted HTTPS connections. 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. 71%_of organizations experienced malware activity that spread from one employee to another.
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