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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CyberSecurity Insiders

OCTOBER 24, 2022

These attacks also tend to be more successful in access and payout in the event of ransom demands, with 74% of attacks ending successfully for hackers. Here are a few prime examples of cyber-attacks in the education sector. This is a sizable increase from a 2021 average of just 44% across education. Conclusion.

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eSecurity Planet

FEBRUARY 16, 2021

A ransomware attack is about as bad as a cyber attack can get. It can shut down your business – in the case of healthcare organizations that can be life-threatening for patients – damage your reputation with customers and employees, and invite further attacks as cybercriminals view your organization as an easy mark.

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Thales Cloud Protection & Licensing

MAY 9, 2022

The White House Executive Order on Improving the Nation’s Cybersecurity from May 12, 2021 and the supporting Office of Management Budget Federal Strategy to Move the U.S. Cyber insurance coverage ramps up. There is also huge debate around cyber insurance and whether it is fit for purpose.

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Cyber Insurance Insurance Backups Ransomware 71

Cytelligence

JANUARY 27, 2020

billion and a new organization will fall victim to ransomware every 14 seconds, and every 11 seconds by 2021*. As these attacks increase in their frequency, threat actors have had to evolve their strategies due to the following reasons: Competition from other threat actors vying for the same “pie”. Ransomware in 2019 .

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eSecurity Planet

APRIL 6, 2023

Notable Ransomware Attacks CryptoLocker ushered in the modern ransomware age in 2013, and in 2017, the devastating WannaCry and NotPetya ransomware attacks raised the threat’s profile significantly. One attack in particular thrust ransomware into the spotlight as never before, the May 2021 Colonial Pipeline attack.

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Ransomware Backups Encryption Cybersecurity 98

Cisco Security

MARCH 22, 2022

To help you as you shore up your cyber defenses, Bruce Brody originally posted this blog – “Left of Boom” Cybersecurity: Proactive Cybersecurity in a Time of Increasing Threats and Attacks on October 18, 2021. Left of Boom refers to actions you can take to protect your organization before a cyber incident.

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