Schneier on Security

FEBRUARY 28, 2024

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. 11, 2001, terrorist attacks. The 9/11 attacks cost insurers and reinsurers $47 billion.

Cyber Insurance 236

Cyber Insurance Insurance Government Cyber Risk 236

Spinone

DECEMBER 8, 2016

Cybersecurity is often overlooked by small business, but over 60% of cyber attacks are targeted at small to medium-sized businesses. This can also be one of the reasons behind insufficient security practices with many businesses not realising the full effect of a data breach or ransomware attack until it is too late.

Insurance 40

Insurance Small Business Backups Cyber Insurance 40

SecureWorld News

JANUARY 21, 2024

The costs of recovering from such incidents, especially for smaller organizations without cyber insurance, can be devastating. These losses are not just monetary; the time and resources diverted to deal with the aftermath of an attack can significantly hamper operational efficiency.

Cybersecurity 92

Cybersecurity Backups Cyber threats Software 92

eSecurity Planet

FEBRUARY 16, 2021

A ransomware attack is about as bad as a cyber attack can get. It can shut down your business – in the case of healthcare organizations that can be life-threatening for patients – damage your reputation with customers and employees, and invite further attacks as cybercriminals view your organization as an easy mark.

Ransomware 97

Ransomware Backups Software Encryption 97

CyberSecurity Insiders

MAY 17, 2023

This can include measures such as firewalls , antivirus, access management and data backup policies, etc. Health Insurance Portability and Accountability Act (HIPAA) HIPAA is a U.S. It applies to healthcare providers, insurance companies, and other organizations that handle PHI.

Cybersecurity 124

Cybersecurity Risk Insurance Firewall 124

Thales Cloud Protection & Licensing

FEBRUARY 15, 2023

Ransomware attacks have become much more dangerous and have evolved beyond basic security defenses and business continuity techniques like next-gen antivirus and backups. At this point, typical defenses for ransomware, such as backups and restoration of systems and data, do not apply. What is Double Extortion Ransomware?

Ransomware 71

Ransomware Encryption Backups Cyber Insurance 71

Security Boulevard

MARCH 31, 2021

implement offline storage and tape-based backup. More and More Ransomware Attacks. The Harris Federation , which runs 50 primary and secondary schools, and Birmingham College probably wished they had followed the alleged Conti gang's anti-ransomware security advice after they were taken out by ransomware attacks. .

Energy and Utilities 122

Energy and Utilities Ransomware Banking Hacking 122