Webroot

JUNE 2, 2022

The cyber threat landscape keeps evolving at lightning-speed. According to the latest 2022 BrightCloud® Threat Report , small to medium-sized businesses (SMBs) are particularly vulnerable to becoming a victim of a ransomware attack. Ransomware, malware and phishing threats keep evolving.

Threat Detection 116

Threat Detection Cyber Insurance Small Business Insurance 116

Cisco Security

JULY 11, 2022

Below you can review their findings from a study done between 2018 – 2022: Map: Comparitech Get the data Created with Datawrapper. Securing vectors threat actors have to your network has to be the goal . In today’s climate of ever-increasing sophisticated cyber threats this won’t cut it. Key findings .

Ransomware 145

Ransomware Education Cyber Insurance Insurance 145

CyberSecurity Insiders

JANUARY 6, 2023

2022 clearly demonstrated that attacks on data represent the greatest cyber-threat organizations face. Insurance Refusals and Rate Hikes. Many organizations remain unaware of the threat posed to their data by insecure storage and backup systems. But not insurance companies.

Backups 136

Backups Ransomware Insurance Cyber Insurance 136

CyberSecurity Insiders

JANUARY 10, 2023

We have seen publicly exploited vulnerabilities like ProxyNotShell during 2022, and will continue to do so in 2023. The post XM Cyber’s Cybersecurity Predictions for 2023 appeared first on Cybersecurity Insiders. Vulnerabilities will also continue to have a major impact. Mail servers in particular are a primary goal for attackers.

Cybersecurity 108

Cybersecurity Identity Theft Cyber Insurance IoT 108

Malwarebytes

FEBRUARY 3, 2023

As the reports covering all of 2022 start trickling in, we can see that cybercrime and other types of fraud had a major impact last year. Take for example the 2022 half year fraud update by UK Finance, which tells us that criminals stole a total of £609.8

Scams 97

Scams Banking Cyber Insurance Cybercrime 97

Malwarebytes

DECEMBER 15, 2022

In 2022 the average cost of a data breach was $4.35 Savings on cyber insurance : Cyber insurers want 24/7 detection and response in an environment. Cyber threat hunting for SMBs: How MDR can help. A cyber threat hunter talks about what he’s learned in his 16+ year cybersecurity career.

Cyber Insurance 85

Cyber Insurance Data breaches Insurance Cyber threats 85

CyberSecurity Insiders

OCTOBER 24, 2022

The education sector is increasingly vulnerable to simple and sophisticated cyber threats, and higher learning is especially vulnerable. 56% of lower education respondents were hit by ransomware in 2022. Cyber insurance. Often, educational institutions see cyber insurance as a needless expense.

Education 58

Education Cyber Attacks Cyber Insurance Insurance 58

SecureWorld News

OCTOBER 19, 2023

recorded in October 2022, yet it is still painfully elevated. All of this makes it more difficult for organizations to protect themselves from new and emerging cyber threats. As cyber threats surge, the expenses associated with cyber insurance rise, adding to the financial strain. back in April.

Cybersecurity 107

Cybersecurity CISO Phishing Education 107

eSecurity Planet

APRIL 6, 2023

In late 2022, Rackspace became a ransomware victim in one of the biggest cyberattacks ever suffered by a major cloud services vendor. LockBit uses a double extortion method and was responsible for roughly 40% of ransomware attacks in the first few months of 2022. Conti uses a double extortion method and a multithreading system.

Ransomware 98

Ransomware Backups Encryption Malware 98

Centraleyes

APRIL 9, 2024

The proactive measures enforced by these laws, including investments in robust cybersecurity, comprehensive employee training, and compliance adherence, create a formidable defense against cyber threats. In contrast, larger organizations with more than 5,000 employees experienced a decrease in the average cost compared to 2022.

Data breaches 52

Data breaches Cyber Insurance Insurance Ransomware 52

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.

Cyber Insurance 131

Cyber Insurance Insurance Marketing Cyber Risk 131