2020, Cyber Insurance, Cybercrime and Ransomware

2020

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Cybercrime

Ransomware

Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks.

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University of Utah pays a $457,000 ransom to ransomware gang

Security Affairs

AUGUST 21, 2020

The University of Utah admitted to have paid a $457,059 ransom in order to avoid having ransomware operators leak student information online. The university did not reveal the ransomware family involved in the attack. ” According to the University, the ransomware encrypted only 0.02% of the data stored on its servers.

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Trending Sources

Ransomware in 2020

Cytelligence

JANUARY 27, 2020

Ransomware is becoming an epidemic in the cybersecurity world, with new strains being created continuously by criminals to extort money out of unsuspecting users. What is Ransomware? Ransomware is a devastating attack on an organization’s or individual’s digital assets. Damages from ransomware in 2019 rose to over $11.5

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Ransomware captures attention of business leaders, as losses become real

SC Magazine

JULY 14, 2021

FBI’s cyber division personnel in front of a computer screen. New research finds that ransomware atracks have grabbed the attention of leaders across business sectors. The FBI reported an increase of more than 225% in total losses from ransomware in the U.S. in 2020 alone.

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Maze Ransomware operators claim to have stolen millions of credit cards from Banco BCR

Security Affairs

MAY 1, 2020

Maze Ransomware operators claim to have gained access to the network of Banco BCR of Costa Rica and stolen 11 million credit card credentials. Maze Ransomware operators claim to have hacked the network of the state-owned Bank of Costa Rica Banco BCR and to have stolen internal data, including 11 million credit card credentials.

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U.S. Secret Service on Ransomware: 'What's at Stake Is Disruption'

SecureWorld News

SEPTEMBER 23, 2021

This includes the fight against ransomware. His unique insights around cybersecurity-related topics shine a light on ransomware risk for organizations, government agencies, and the public. This ranges from Secret Service agents discussing elements of cyber hygiene with those they protect to tracking down cybercrime fugitives.

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Cybersecurity threats: what awaits us in 2023?

SecureList

NOVEMBER 9, 2022

Supply-chain will become more of a sweet spot for targeted ransomware and state-sponsored espionage campaigns. Businesses will still be mostly concerned with ransomware. We can therefore expect that cybercrime groups from either block will feel safe to attack companies from the opposing side.

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Report: Ransomware Attacks and the True Cost to Business

Security Boulevard

JUNE 15, 2021

Ransomware attacks have continued to make headlines, and for good reason: on average, there is a new ransomware attack every 11 seconds, and the losses to organizations from ransomware attacks is projected to reach $20 billion over the course of 2021 following a record increase in losses of more than 225% in 2020.

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Ransomware Protection in 2021

eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware attacks and costs.

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5 Reasons Ransomware Is Now a 'Perfect Storm'

SecureWorld News

APRIL 1, 2021

Ransomware has been one of the hottest topics in cybersecurity during the last year. A storm made more severe by the pandemic, with so many employees working remotely, exacerbating the risk of ransomware. However, there are other contributing factors to the rise in ransomware the world witnessed in 2020.

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These are the 15 Top Cyber Threats Now

SecureWorld News

NOVEMBER 12, 2020

And now we have brand new research coming from the EU which unpacks the top cyber threats as they stand now. What are the top cyber threats right now? The European Union Agency for Cybersecurity (ENISA) just published its Threat Landscape 2020 report. Ransomware. Cyber Espionage. Trends in ransomware attacks.

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Online Schools Company Pays Hacker Ransom

SecureWorld News

DECEMBER 2, 2020

What happened in this K12 ransomware attack. What happened in this ransomware attack? The cybercriminals who deployed the ransomware threatened to publish that confidential data about students and teachers. Which of the ransomware gangs or groups hit K12 Inc and its network in this cyber attack?

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School Cyberattack Aftermath: What Happens to Kids' Data?

SecureWorld News

SEPTEMBER 14, 2021

2020 saw a record number of cyberattacks—and threats for school, university, and other educational institutes are growing each day. This is also true for victims of cybercrimes, too. For instance, a Wildworks game Animal Jam was breached , and hackers stole information from more than 46 million accounts in November 2020.

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

Adam Levin

MARCH 16, 2020

That is exponentially more expensive than other cyber events. Consider that the average cost for a ransomware attack against a business is about $4,400, and your run of the mill phishing incident weighs in at a much less hefty $500. Despite these efforts, losses from BEC scams are expected to continue to rise in 2020.

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

Adam Levin

MARCH 2, 2020

You couldn’t go a week last year without seeing a ransomware headline in the news. 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.

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What we’ve learned from the Colonial Pipeline cyberattack, and what to do about it

SC Magazine

MAY 13, 2021

Every year, cyber events nudge up the digital risk level and we’ve become desensitized to the increasing temperature. So with the most recent Colonial Pipeline attack, we’re in a fast boil as cyber events are causing real world problems. By isolating and segmenting OT, organizations can stop the lateral spread of ransomware.

Energy and Utilities

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Cyber Security Informer

Top 8 Cyber Insurance Companies for 2022

University of Utah pays a $457,000 ransom to ransomware gang

Trending Sources

Ransomware in 2020

Ransomware captures attention of business leaders, as losses become real

Maze Ransomware operators claim to have stolen millions of credit cards from Banco BCR

U.S. Secret Service on Ransomware: 'What's at Stake Is Disruption'

Cybersecurity threats: what awaits us in 2023?

Report: Ransomware Attacks and the True Cost to Business

Ransomware Protection in 2021

5 Reasons Ransomware Is Now a 'Perfect Storm'

These are the 15 Top Cyber Threats Now

Online Schools Company Pays Hacker Ransom

School Cyberattack Aftermath: What Happens to Kids' Data?

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

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

What we’ve learned from the Colonial Pipeline cyberattack, and what to do about it

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