SC Magazine

JUNE 15, 2021

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. And while insurance, and even law enforcement in the case of JBS, can recover some losses, investor concern about hits to the bottom line and reputational damage can be lasting.

Ransomware 60

Ransomware Insurance Cyber Insurance Risk 60

Security Boulevard

JUNE 2, 2022

Ransomware attacks increased by 80% year-over-year, accounting for all ransomware payloads observed in the Zscaler cloud. Some industries saw particularly high growth of double-extortion attacks, including healthcare (643%), food service (460%), mining (229%), education (225%), media (200%), and manufacturing (190%).

Ransomware 104

Ransomware Architecture Manufacturing Encryption 104

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?

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

Spinone

OCTOBER 13, 2020

As is often the case, the cost of restoring files from backups can amount to more than paying the ransom. This includes the Billtrust and German manufacturer, Pilz, ransomware infections. Backups aren’t working. Restoring from backup is certainly preferable to paying the bad guys for the damage they have inflicted.

Ransomware 52

Ransomware Backups Data breaches Encryption 52

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.

Ransomware 40

Ransomware Encryption Authentication Backups 40