Remove 2021 Remove Antivirus Remove Cyber Insurance Remove Ransomware
article thumbnail

Cyber Insurance and the Changing Global Risk Environment

Security Affairs

When security fails, cyber insurance can become crucial for ensuring continuity. Cyber has changed everything around us – even the way we tackle geopolitical crisis and conflicts. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance.

article thumbnail

Ransomware Protection in 2021

eSecurity Planet

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Report: Ransomware Attacks and the True Cost to Business

Security Boulevard

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.

article thumbnail

Ransomware Prevention vs. Recovery: Which Costs Businesses More?

Security Boulevard

It probably comes as no surprise that ransomware attacks are more prolific now than they were several years ago. A 2021 survey found that ransomware attacks increased 62% over the preceding two years, as reported by Security Magazine , with North American registering a surge of 158% during that same period.

article thumbnail

What is Ransomware? Everything You Should Know

eSecurity Planet

Ransomware is a type of malicious program, or malware, that encrypts files, documents and images on a computer or server so that users cannot access the data. Ransomware is the most feared cybersecurity threat and with good reason: Its ability to cripple organizations by locking their data is a threat like no other.

article thumbnail

How Not to Pay the Ransom? No Soup For You, Ransomware!

Thales Cloud Protection & Licensing

No Soup For You, Ransomware! Thu, 08/12/2021 - 05:19. Ransomware campaigns such as WannaCry and Petya attacks made this malware type a top threat to all organizations worldwide. This is of particular relevance when it comes to ransomware. The rule of thumb says that no demands set by ransomware must be satisfied.

article thumbnail

Conti Ransomware Group Diaries, Part III: Weaponry

Krebs on Security

Part I of this series examined newly-leaked internal chats from the Conti ransomware group, and how the crime gang dealt with its own internal breaches. Conti is by far the most aggressive and profitable ransomware group in operation today. Part II explored what it’s like to be an employee of Conti’s sprawling organization.