IT Security Guru

FEBRUARY 28, 2023

Cyber insurers are losing money. Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.

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Cyber Insurance Insurance Marketing Cyber Risk 114

Thales Cloud Protection & Licensing

MAY 9, 2022

While implementation of security technologies such as multi-factor authentication and encryption have slightly increased, we have not yet reached the level where the majority of applications, data and operational technology are fully protected. Cyber insurance coverage ramps up. Governments step up to protect all businesses.

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Cyber Insurance Insurance Backups Ransomware 71

eSecurity Planet

JULY 8, 2022

But it also requires software to orchestrate data movement, backup and restore technology to ensure a current copy of data is available, and the ability to recover systems and data rapidly. This type of backup and DR technology offers RPOs measured in hours. See the Best Backup Solutions for Ransomware Protection.

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Backups Ransomware Technology Marketing 142

eSecurity Planet

APRIL 6, 2023

One attack in particular thrust ransomware into the spotlight as never before, the May 2021 Colonial Pipeline attack. Ransomware attacks doubled in 2021 and now number roughly 500 million a year, according to SonicWall. Conti Around 20% of attacks in early 2022 were from Conti, the group behind the 2021 Irish health services attack.

Ransomware 98

Ransomware Backups Encryption Cybersecurity 98

Duo's Security Blog

DECEMBER 7, 2022

The state of cyber liability insurance The topic of cyber liability insurance is full of datapoints, statistics and graphs all showing upward trajectories. But MFA should not only be viewed as a prerequisite for obtaining cyber liability insurance. What are you doing about backups?

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Insurance Cyber Insurance Ransomware Risk 73

Cisco Security

MARCH 22, 2022

But according to Anne Neuberger, the White House’s Deputy National Security Adviser for Cyber and Emerging Technology, this warning is “based on evolving threat intelligence, that the Russian government is exploring options for potential cyberattacks on critical infrastructure in the United States.”. Backup all critical data at least daily.

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Cyber Insurance Authentication Insurance Cyber Risk 66

Security Boulevard

JUNE 2, 2022

Ransomware attacks increased by yet another 80% between February 2021 and March 2022, based on an analysis of ransomware payloads seen across the Zscaler cloud. Three of the most infamous ransomware families of the past two years had assets seized by law enforcement in 2021. Have a response plan.

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Ransomware Architecture Manufacturing Encryption 105