eSecurity Planet

APRIL 22, 2022

Ransomware Drives Up Costs, Lowers Coverage. Not surprisingly, ransomware insurance has become popular and is included in many policies. This is driven by the proliferation of cyber claims across the entire market, particularly ransomware related. Also see: Best Third-Party Risk Management (TPRM) Tools.

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Security Boulevard

JANUARY 24, 2025

Plus, the EUs DORA cyber rules for banks go into effect. And get the latest on ransomware trends; CIS Benchmarks; and data privacy. Are we clear on who must be involved in assessing and mitigating AI adoption cyber risks? Check out tips for adopting AI securely from the World Economic Forum.

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Banking Cybersecurity Artificial Intelligence Ransomware 69

SecureWorld News

JANUARY 12, 2025

A 2022 PwC study found that 59% of directors admitted their board is not very effective in understanding the drivers and impacts of cyber risks for their organization, emphasizing the critical role of board members in these moments. Reporting Requirements: Ransomware Incidents: Must be reported within 24 hours of detection.

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eSecurity Planet

APRIL 26, 2022

billion in 2021, and growing concerns over data security , software supply chains , and ransomware suggest the market will remain strong through economic ups and downs. Also read : Cybersecurity Outlook 2022: Third-Party, Ransomware, and AI Attacks Will Get Worse. AllegisCyber Investments. Norwest Investments. Business Model.

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SecureWorld News

NOVEMBER 12, 2024

According to the advisory, "Malicious cyber actors exploited more zero-day vulnerabilities to compromise enterprise networks in 2023 compared to 2022, allowing them to conduct operations against high-priority targets." The request allows a cyber actor to take full control of a system.

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Software Cyber threats Passwords Risk 112

Security Affairs

NOVEMBER 14, 2022

As the risk of a cyberattack grows, it is pivotal to consider whether the directors of a company hit by a ransomware attack, for example, can bear any liability for negligence in failing to take steps to limit the risk. The size of the cyber risk to companies cannot be underestimated.

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Security Boulevard

JULY 12, 2022

In early July, 2022, hotel giant Marriott reported a relatively small data breach at its BWI Airport Marriott hotel, in an attempted ransomware attack affecting 300-400 clients or employees. The post RiskLens Fast Facts on Cyber Risk in the Accommodations Industry appeared first on Security Boulevard. Latest news.

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CyberSecurity Insiders

APRIL 3, 2023

A cyber attack launched and identified on March 26th of this year has triggered the incident response teams of Western Digital (WD) to take appropriate steps to mitigate the cyber risks of the incident. However, it assured to the media that it will reveal more of the cyber incident details after the probe gets done.

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SecureWorld News

JULY 2, 2024

Global cyber insurance premiums are declining despite an uptick in ransomware attacks, according to a recent report by insurance broker Howden. This trend reflects improved business security practices, evolving insurance industry dynamics, and changing attitudes toward cyber risk management. Sarah Neild, head of U.K.

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CyberSecurity Insiders

SEPTEMBER 16, 2021

Come January 2022, the tool will be available for a premium price that will be enriched with more security measures that can help them scan for ransomware and other malware related invasions on a school computer network.

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Spinone

DECEMBER 7, 2021

Coupled with the current pandemic and the cybersecurity threats that have been very prevalent and growing in recent years such as ransomware, there are many different cyber risk types n 2020 that your business needs to prepare for. What are the types of cyber security threats? First of all, what are cyberattacks?

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Security Boulevard

OCTOBER 13, 2022

Axio’s 2022 State of Ransomware Preparedness Report reveals only 30% of organizations have a ransomware-specific playbook for incident management in place NEW YORK, October 12, 2022 – Axio, the leader in cyber risk management software, today released its 2022 State of Ransomware Preparedness research report.

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eSecurity Planet

DECEMBER 15, 2021

Secure web gateway (SWG) solutions help keep enterprise networks from falling victim to ransomware , malware , and other threats carried by internet traffic and malicious websites. The post 9 Best Secure Web Gateway Vendors for 2022 appeared first on eSecurityPlanet. Further reading: Top Next-Generation Firewall (NGFW) Vendors.

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Engineering Digital transformation Internet Internet 102

Jane Frankland

MAY 3, 2025

Reports suggest their systems were infiltrated as early as February 2025, with sensitive data reportedly stolen and ransomware deployed to disrupt their infrastructure. link] Meanwhile, the Co-op is grappling with claims from cyber criminals that they possess the private information of 20 million members from its membership scheme.

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Security Boulevard

MAY 12, 2022

Assessing risk exposures Since Russia invaded Ukraine on February 24, 2022, Flashpoint has been hosting a regular Community Call to provide timely updates on the war, including a Q&A session with our analysts who are regional experts. Here’s Why appeared first on Flashpoint. Here’s Why appeared first on Security Boulevard.

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CyberSecurity Insiders

MARCH 23, 2022

In fact, the global volume of ransomware attacks increased by 151% in just the first six months of 2021, with the average cost of a breach recorded at US $3.6 In a recent attack on Nvidia, threat actors demanded product updates and open sourcing – a stark contrast from traditional monetary demands by ransomware groups.

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Cyber Risk Risk Ransomware Technology 119

The Last Watchdog

JANUARY 3, 2023

2021 saw a massive increase in phishing attacks , and that trend has continued into 2022. Even events like the World Cup are being used by cyber criminals to target unsuspecting victims through things like fake streaming sites designed to steal private information.

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Risk Cybersecurity Antivirus Phishing 203

Security Affairs

DECEMBER 28, 2022

On May 2021, Ireland’s Health Service Executive service shut down its IT systems after they were hit with a “significant ransomware attack.”. With the increase in the number of cyber attacks, a growing number of organizations opted to transfer the cyber risk by underwriting cyber insurance.

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CyberSecurity Insiders

FEBRUARY 3, 2023

NOTE 1- The Guardian’s UK branch was the first to get targeted in the attack on December 20th,2022 and it was of ransomware variant. The post Australia entities suffer Cyber Attacks and QUAD update appeared first on Cybersecurity Insiders.

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SecureWorld News

MARCH 28, 2024

Department of Homeland Security (DHS) is set to implement long-awaited rules that will require critical infrastructure entities across multiple sectors to report cyber incidents and ransomware payments to the federal government. Jose Seara, CEO of DeNexus, welcomed the convergence of cybersecurity mandates across government agencies.

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eSecurity Planet

MAY 3, 2022

The Attack Surface Management team at Group-IB said it constantly scans the IPv4 landscape for exposed databases, potentially unwanted programs, and other risks. From Q1 2021 to Q1 2022, the team discovered 399,200 exposed databases due to those efforts. Ransomware. Read next: Top Vulnerability Management Tools for 2022.

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CyberSecurity Insiders

DECEMBER 14, 2021

Timing of this announcement comes as cyberthreats, security breaches, and ransomware attacks continue to plague organizations around the globe. Studies show that ransomware attacks soared 93% in the first half of 2021. Meet internal security assessments via an easy to understand scorecard.

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SecureWorld News

SEPTEMBER 16, 2024

The Cyber Incident Reporting for Critical Infrastructure Act (CIRCIA) is a significant piece of legislation passed in 2022, designed to tackle cyber incidents affecting critical infrastructure. government coordinate responses to major cyber incidents that affect essential services. CIRCIA was created to help the U.S.

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Security Boulevard

OCTOBER 27, 2022

Key Infrastructure and Critical Vulnerabilities: Attack Against Tata Power Highlights Cyber Risk to India’s Growing and Increasingly Connected Population. 1) In late October, Hive ransomware claimed the attack and began leaking data stolen from Tata Power on its website. (16) About EclecticIQ Threat Research.

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Cyber Risk Risk Cryptocurrency Backups 52

Digital Shadows

NOVEMBER 10, 2022

Sporting events, like the upcoming FIFA World Cup Qatar 2022 (Qatar 2022 World Cup), attract massive attention from every corner of the world. So, it is extremely important to shine a light on some of the most pressing cyber threats to prevent and mitigate them ahead of time.

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Security Boulevard

DECEMBER 6, 2023

Taking a Proactive Approach to Mitigating Ransomware Part 1: You Can’t Neglect the Application Layer ltabo Wed, 12/06/2023 - 18:42 Ransomware continues to dominate cybersecurity news. Recovery costs for ransomware attacks have also continued to increase year-over-year, up 30% from 2022 to 2023.

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SecureWorld News

JULY 3, 2023

As we rely increasingly on digital technologies for our work, communication, entertainment, and education, we also expose ourselves to more and more cyber risks. But how much do we know about the cyber threats we face daily? Ransomware is malware that encrypts the victim's data and demands a ransom for its decryption.

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Cybercrime Data breaches Social Engineering Cyber threats 98

The Last Watchdog

AUGUST 2, 2021

Phishing scams, supply chain attacks and ransomware extortion — all pivoting, in one way or another, off the shifting operating environment – spiked. They are rethinking SOAR, and adapting its intrinsic flexibility and scalability to tasks far beyond repelling phishing and ransomware.

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Security Boulevard

APRIL 28, 2022

Thu, 04/28/2022 - 14:39. That’s why Onapsis and SAP have been partnering together to empower executives to mitigate what we believe is one of the most critical types of cyber risk facing organizations. December 2021: Onapsis and SAP Work Together to Protect SAP Applications from Ransomware. maaya.alagappan.

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Cyber Risk Risk Cyber Attacks Internet 96

Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. Tue, 05/10/2022 - 05:43. As cyber criminals mature and advance their tactics, small and medium businesses become the most vulnerable because they lack the capacity – staff, technology, budget - to build strong cyber defenses. Use multi-factor authentication (MFA).

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Security Affairs

JANUARY 19, 2022

NotPetya and WannaCry ransomware—to cause significant, widespread damage to critical infrastructure.” ” Microsoft spotted a destructive malware, tracked as WhisperGate , that targeted government, non-profit, and IT entities in Ukraine with a wiper disguised as ransomware. ” reads the insights” document.

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IT Security Guru

DECEMBER 1, 2022

After all, cybersecurity is a matter of proper human risk management. Several reports, such as the World Economic Forum Global Risk Report 2022 and Verizon’s 2022 Data Breach Investigations Report highlight that human error is by far the biggest and dominant cause of illicit actions and cybersecurity issues.

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Security Affairs

APRIL 22, 2022

According to a report by IDC , by the end of 2022, nearly 65% of the global GDP will be digitized — reliant on a digital system of some kind. This shift to digital technology has created a new class of digital risks that are constantly evolving and strike faster and often with more severity than traditional risks.

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Security Boulevard

FEBRUARY 25, 2022

Fri, 02/25/2022 - 12:23. As organizations look to the cloud, the reality today is an increasing cadence of sophisticated ransomware and nation-state attacks, Microsoft said in announcement that came out the same day as the interview. Microsoft on Multi-Cloud: It’s the New Imperative But Cyberattacks Present Challenges. brooke.crothers.

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Jane Frankland

MAY 8, 2024

With the emergence of new attack methods such as (but not limited to) ransomware, supply chain, fileless attacks, and IoT botnets, traditional cybersecurity measures are struggling to keep up. This not only frees up valuable time for security professionals to focus on more complex tasks but also reduces the risk of human error.

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NetSpi Executives

OCTOBER 17, 2023

The Consolidated Appropriations Act of 2023 (Omnibus), which was enacted on December 29, 2022, has introduced a significant shift in the regulation of medical devices, particularly in cybersecurity. This shift aims to enhance the safety and integrity of medical devices, emphasizing the importance of cybersecurity in healthcare.

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Healthcare Manufacturing Cyber Risk Risk 94

SecureWorld News

DECEMBER 13, 2021

Minecraft warned users to secure Java versions of the game: Amazon Web Services posted about the new cyber risk on its blog: "This vulnerability is severe and due to the widespread adoption of Apache Log4j, its impact is large.". And in 2022, we're planning to get together in person.

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