article thumbnail

The Evolving Role of Cyber Insurance in Mitigating Ransomware Attacks

SecureWorld News

In this regard, many have touted cyber insurance as the knight in shining armor, the end all-be all in terms of mitigating criminals' assaults on your network. As these incidents grow in sophistication, they exploit vulnerabilities in security systems, often outpacing the ability of organizations to respond effectively. Let's find out.

article thumbnail

Phishing trap: security awareness through a different lens

BH Consulting

Banks and insurance companies are telling customers to be wary of scam messages. These virtual identities are then used to open accounts, purchase merchandise and services, or further distribute malware for other purposes (e.g., Does it take account of how effective some scam messages can be? A message to you.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Strong medical device security awareness stifled by inventory, knowledge gaps

SC Magazine

This creates a major gap in security awareness, considering the 65,000 ransomware attacks deployed in the U.S. The way health systems are structured, with many providers insuring their organization, it proves challenging to change behaviors,” he continued. “If in the last year and the continued rise in cyber events.

article thumbnail

Cyber Security Awareness and Risk Management

Spinone

How to Enhance Cyber Security Awareness and Cyber Intelligence Enterprise cyber security awareness and cyber risk management programs encircle a full range of actions required to protect corporate IT infrastructure and sensitive data. What are the benefits of cyber security awareness trainings?

article thumbnail

Security Standoff: IT Department vs. City Councilman

SecureWorld News

It's hard to believe, but security awareness training is now being viewed through a political lens, as well. A reminder would be sent out after four weeks, a warning after five weeks, and a suspension of all email accounts after eight weeks. This week, he spoke out about the security training standoff.

article thumbnail

How One Company Survived a Ransomware Attack Without Paying the Ransom

eSecurity Planet

Cyber Insurer Provides Help. As Spectra Logic had the foresight to take out cyber insurance , Chubb representatives were professional and helpful, according to Mendoza. Also read: Top 8 Cyber Insurance Companies for 2022 Best Ransomware Removal and Recovery Services. Most had been infected. Both factors must be balanced.

article thumbnail

NIST’s ransomware guidelines look a lot like cyber resilience

Webroot

While natural disasters and unplanned outages were once the focus of these contingency plans, ransomware’s current popularity is another reason to ensure backup and recovery are accounted for. Don’t overlook security awareness training. Don’t overlook security awareness training.