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SHARED INTEL Q&A: My thoughts and opinions about cyber threats — as discussed with OneRep

The Last Watchdog

Byron: Companies often underestimate threats, neglect basic cyber hygiene, and fail to educate employees on cybersecurity. Erin: What are some of the most common social engineering tactics that cybercriminals use? Erin: Do you think cyber insurance should play a bigger role in companies’ cybersecurity strategies?

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The Ongoing Cyber Threat to Critical Infrastructure

Thales Cloud Protection & Licensing

However, this stance indicates a lack of understanding of the effects of all the parties involved, such as cyber insurance underwriters, incident response firms, government regulations, and ransomware attribution. For many organizations, paying the ransom can be less damaging than risking any additional impacts.

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Inflation Is Making Cybersecurity Even More Challenging for Leaders

SecureWorld News

Attackers are more easily able to circumvent email security controls of even the most mature organizations through well-crafted social engineering tactics, resulting in stolen account credentials and ultimately account takeovers. As cyber threats surge, the expenses associated with cyber insurance rise, adding to the financial strain.

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Group-IB and CryptoIns introduce the world’s first insurance against cyber threats for cryptocurrency exchanges

Security Affairs

Group-IB also evaluates exchanges’ infrastructure and architecture in order to understand ways to counter potential threats. In some cases, with founders’ consent, the assessment includes penetration testing using social engineering methods aimed at the network compromise through the most vulnerable link at any organization– humans. .

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What is Cyber Liability Insurance?

Duo's Security Blog

According to Verizon’s most recent Data Breach Incident Report , instances of advanced ransomware have doubled in the past year, alongside major upticks in phishing attacks and social engineering. Don’t worry though, there's already an insurance policy for that. What is Cyber Liability Insurance?

Insurance 100
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The Surge of Double Extortion Ransomware Attacks

Pen Test

Implement strong network segmentation, zero trust architecture, least privilege access controls, and VPNs to strictly limit lateral movement. Provide cybersecurity awareness training to all personnel, enabling them to identify social engineering attacks and risky behavior. Have notification procedures and press releases ready.

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34 Most Common Types of Network Security Protections

eSecurity Planet

Examples of threatening traffic that IDPS solutions can combat include network intrusions, DDoS attacks, malware, and socially engineered attacks. In worst-case scenarios, these firms should cover your business if you’re impacted by a data breach that leaks sensitive information and leads to fines and legal fees.