Malwarebytes

NOVEMBER 15, 2023

Just days later, the account announced that it was “putting an end to” the group after learning that six of its affiliates may have been arrested. On the other hand, data from Malwarebytes indeed indicates that while the education sector comprises only 3% of all MOVEit hosts, they account for 6% of the victims.

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SecureWorld News

JANUARY 21, 2024

The costs of recovering from such incidents, especially for smaller organizations without cyber insurance, can be devastating. Having basic cyber hygiene Advanced technology is important, but basics like regular data backups, software updates, strong password policies, and multi-factor authentication are fundamental.

Cybersecurity 92

Cybersecurity Backups Cyber threats Software 92

Webroot

OCTOBER 14, 2022

As a result, many organizations are shifting away from cyber insurance and adopting layered defenses in an effort to achieve cyber resilience. Lock down Remote Desktop Protocols (RDP) Educate end users Install reputable cybersecurity software Set up a strong backup and disaster recovery plan. Strategies for individuals.

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Malware Antivirus DDOS Cyber Insurance 61

Malwarebytes

JANUARY 15, 2023

As we’ve seen recently, cyber insurance is no guarantee of avoiding a ransomware pitfall either with refusal of payout being decided in a court of law. Backup your data. Backups are the last line of defence against an attack that encrypts your data. These are all valuable components of a solid response strategy.

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Ransomware Backups Education VPN 75

SecureWorld News

SEPTEMBER 14, 2021

Other children had been successfully signed up for an electric company account. They followed the FBI’s advice to not pay the hackers and restored their system from backups they had kept for such an emergency. One parent told ABC13 he received these kinds of messages and more. “I

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Cyber Insurance Ransomware Insurance Backups 90

SC Magazine

JUNE 15, 2021

expects to begin to recover the losses in quarters three and four, largely through insurance coverage. But that does not account for direct and indirect losses tied to downtime, disruption of supply chains, or the inability to deliver product to customers. Will our cyber insurer buy it or would we?”

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Ransomware Insurance Cyber Insurance Risk 60

Malwarebytes

DECEMBER 20, 2022

If you’re caught out by Play ransomware, you’ll know quite quickly on account of your files suddenly displaying the.play extension and a ReadMe.txt file containing little more than the word “Play” and an email address. Even so, there are many options available to your organisation.

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eSecurity Planet

FEBRUARY 16, 2021

With vulnerabilities rooted in unsuspecting users, the task of preventing these attacks means both staff training and a robust email and network security system that includes a strong backup program so you have a recent copy of your data that you can roll back to. Offline Backups. Screenshot example. Ransomware facts.

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Ransomware Backups Software Encryption 97

Malwarebytes

OCTOBER 19, 2022

In theory , putting those keys out of reach is easy: You just need all your users to choose strong, unique passwords for every account they use, all the time. The more administrator accounts you have, and the more frequently they are used, the easier it for criminals to hijack one. Make offsite, offline backups.

Passwords 69

Passwords Ransomware Backups Cyber Insurance 69

Security Boulevard

JUNE 2, 2022

Ransomware attacks increased by 80% year-over-year, accounting for all ransomware payloads observed in the Zscaler cloud. Prepare for the worst with cyber insurance, a data backup plan, and a response plan as part of your overall business continuity and disaster recovery program. AvosLocker. BlackCat/ALPHV. Key Findings.

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Ransomware Architecture Manufacturing Encryption 105

NetSpi Executives

APRIL 27, 2024

Attempt access to file and SQL servers with privileged accounts. Hunt and destroy or encrypt backups hosted in local and cloud networks as well as virtual machine snapshots. Some can’t afford not to pay, and some are covered by cyber insurance. Protect your backup systems. Does backup protect against ransomware?

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Malwarebytes

NOVEMBER 1, 2021

Sadly, there’s rarely discussion about the lengthy recovery, which, according to the Ransomware Task Force, can last an average of 287 days , or about the complicated matter that the biggest, claimed defense to ransomware attacks—backups—often fail. Your backups may not work. Or so he thought. “We That part really, really hurt us.”.

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Ransomware Backups System Administration Cyber Insurance 112

Thales Cloud Protection & Licensing

AUGUST 11, 2021

Even the most critical damages caused by ransomware are repairable as long as you have a solid backup strategy. Subject to the malware class and timeframes for decryption set by the attackers, too many victims end up transferring funds to the hacker’s accounts. Ransomware incidents covered by cyber insurance policies.

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Ransomware Insurance Encryption Cyber Insurance 71

Cisco Security

JULY 11, 2022

Downtime varied from minimal disruption (thanks to frequent data backups) to months upon months of recovery time . Small to medium size businesses, hospitals, and educational institutions internal network will rely on cyber insurance in-lieu of a fully staffed, skilled cyber-security team. In 2021: . Twitter.

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Ransomware Education Cyber Insurance Insurance 127

Duo's Security Blog

JULY 6, 2021

The eight areas are: Application Control Patch Applications Configure Microsoft Office Macro Settings User Application Hardening Restrict Administrative Privileges Patch Operating Systems Multi Factor Authentication Daily Backups Each area comes with guidance to improve maturity of the area. Watch this space — there’s more to come!

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Government Architecture Backups Encryption 138

Spinone

OCTOBER 13, 2020

As is often the case, the cost of restoring files from backups can amount to more than paying the ransom. Backups aren’t working. Restoring from backup is certainly preferable to paying the bad guys for the damage they have inflicted. Ransomware today can actually look for backup files along with user data.

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ForAllSecure

MAY 30, 2023

However, the rank and file of Conti were in Ukraine, had a different opinion, and decided to speak up against Conti in and in favor of Ukraine in a Twitter account named Conti Leaks. The account owner wrote: “My comments are coming from the bottom of my heart which is breaking over my dear Ukraine and my people. By no means.

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Ransomware Encryption Authentication Backups 40

Krebs on Security

MARCH 4, 2022

. “Install EDR on every computer (for example, Sentinel, Cylance, CrowdStrike); set up more complex storage system; protect LSAS dump on all computers; have only 1 active accounts; install latest security updates; install firewall on all network.” “They are insured for cyber risks, so what are we waiting for?

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SecureWorld News

MAY 12, 2020

If the law firm had cyber insurance, the policy may cover part of a ransom payment. When Florida cities paid more than a million dollars to ransomware operators in 2019, insurance covered most of it. The company says we're not going to pay the ransom, or we've got the backups.

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