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Discover 2022’s Nastiest Malware

Webroot

In other words, 2022 has been an eventful year in the threat landscape, with malware continuing to take center stage. The 6 Nastiest Malware of 2022. As a result, many organizations are shifting away from cyber insurance and adopting layered defenses in an effort to achieve cyber resilience. 2022 was no different.

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A Cyber Insurance Backstop

Schneier on Security

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. But this is easier said than done.

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HardBit ransomware gang adjusts their demands so the insurance company would cover the ransom cost

Security Affairs

For those who have cyber insurance against ransomware attacks. Insurance companies require you to keep your insurance information secret, this is to never pay the maximum amount specified in the contract or to pay nothing at all, disrupting negotiations. Very important! reads the ransom note.

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How to Decrypt Ransomware Files – And What to Do When That Fails

eSecurity Planet

The best defense and the best option for recovery will always be the availability of sufficient, isolated data backups and a practiced restoration process. However, even with the best planning, organizations can find a few users, machines, or systems that were overlooked or whose backup may be corrupted or encrypted.

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Cybersecurity for Nonprofits: Cost-Effective Defense Strategies

SecureWorld News

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.

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Ransomware Protection in 2021

eSecurity Planet

” Ransomware is pretty simple: malware is installed covertly on a system and executes a cryptovirology attack that locks or encrypts valuable files on the network. This is especially true for your existing intrusion detection and prevention system (IDPS), antivirus, and anti-malware. Offline Backups.

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G Suite Security Insurance for SMB

Spinone

What is G Suite Security Insurance? G Suite security insurance removes and mitigates major risks of malware attacks and imposes those on the insurance company. Additionally, many cyber liability insurance providers struggle to put a price on high-value company assets, or are reluctant to cover them in the first place.