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The Evolving Role of Cyber Insurance in Mitigating Ransomware Attacks

SecureWorld News

On top of this, a significant 41% of victims opted to pay the ransom, which is a difficult decision that's fraught with its own respective complexities and risks. Here, cyber insurance serves as an invaluable safety net by offering essential financial coverage and support services in the event of a ransomware attack occurring.

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Social Engineering 2.0: The Rise of Deepfake Phishing

SecureWorld News

With a few photos or voice clips and a subscription to AI tools, hackers will be able to, for example, jump on a video call with a company's CFO to authorize a large payment to a fraudulent account with ease. Businesses will have to change their practices in order to adjust to the new threat. This cannot be stressed highly enough.

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How to Prevent Malware: 15 Best Practices for Malware Prevention

eSecurity Planet

Malware attacks pose a significant risk to both individuals and businesses, infiltrating computer systems, compromising sensitive data and disrupting operations, leading to financial and data loss — and even extortion. Create Strong, Unique Passwords Creating strong, one-of-a-kind passwords acts as a strong defense to keep your accounts safe.

Malware 109
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More Spending on Cybersecurity Means More Attacks?

SecureWorld News

Many companies have noted that, as they have increased their cybersecurity budgets, the number of cyber threats has also increased. Today, let's tackle this myth and explore why spending smarter—not necessarily more—could be the ideal way to protect your organization against cyber threats in the future.