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A Cyber Insurance Backstop

Schneier on Security

One possible solution, touted by former Department of Homeland Security Secretary Michael Chertoff on a recent podcast , would be for the federal government to step in and help pay for these sorts of attacks by providing a cyber insurance backstop. But most of this language has not yet been tested by insurers trying to deny claims.

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Cybersecurity for Nonprofits: Cost-Effective Defense Strategies

SecureWorld News

Additionally, nonprofits must be aware of the risks posed by inadequate security in third-party services they use, such as fundraising platforms and email services. Financial risks and consequences Various cyberattacks on nonprofits can lead to direct financial losses through stolen funds or ransom demands.

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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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Ransomware Protection in 2021

eSecurity Planet

With vulnerabilities rooted in unsuspecting users, the task of preventing these attacks means both staff training and a robust email and network security system that includes a strong backup program so you have a recent copy of your data that you can roll back to. Offline Backups. Screenshot example. Description. Staff Awareness.

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The Pain of Double Extortion Ransomware

Thales Cloud Protection & Licensing

Ransomware attacks have become much more dangerous and have evolved beyond basic security defenses and business continuity techniques like next-gen antivirus and backups. These methods provide significant security risks for businesses of all sizes. What is Double Extortion Ransomware?

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G Suite Security Insurance for SMB

Spinone

What is G Suite Security Insurance? There are many G Suite security risks. G Suite security insurance removes and mitigates major risks of malware attacks and imposes those on the insurance company. Many small businesses rely on manual backup practices such as nightly backups to external storage media.

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What is Ransomware? Everything You Should Know

eSecurity Planet

While a typical ransomware attack just encrypts the data, exfiltration raises the risk by threatening to make sensitive data public. The developer has fewer risks, and the buyer does all of the work. There are, however, some industries at higher risk than others. Supply chain companies are primarily at risk.