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Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs

eSecurity Planet

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. In addition, the U.S.

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Ransomware Protection in 2021

eSecurity Planet

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware attacks and costs.

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As ransomware inches from economic burden to national security threat, policies may follow

SC Magazine

On Wednesday – just Wednesday – news stories emerged about an airplane maker, information technology giant and computer game company all having operations disrupted by ransomware. In the past, the government would not step in because ransomware was not a national security issue. But few solutions have been formally put onto the table.

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Best Disaster Recovery Solutions for 2022

eSecurity Planet

Ransomware has now emerged as one of the key reasons to have a DR plan and DR technology in place. There are hardware elements such as having a redundant data center, where the enterprise can fail over during an event. Disaster Recovery and Ransomware. But more recently, a lot more has been put on the DR plate.

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Safety first: Will insurance companies stall or accelerate cybersecurity progress?

SC Magazine

He referenced an insurer’s role in designing pressure relief valves for the steam engines powering Philadelphia in the 1800s: “They said if you wanted to have insurance, you have to have this piece of architecture on your system.” In so doing, “they drove security or solutions to avoid large insurance claims.”.

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The Ongoing Cyber Threat to Critical Infrastructure

Thales Cloud Protection & Licensing

From the ransomware attack that compromised a major U.S. Reducing the risk of attacks such as ransomware and malware on CNI will be of paramount importance to the stability of nation states for years to come. The Threat of Ransomware. In fact, in recent years, ransomware has almost completely changed breach economics.

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Securing Government Agencies: Essential Eight and Other Efforts

Duo's Security Blog

Cyber Insurers, regulators and customers will expect these controls to be present, regardless of public or private status. As the impact of cyber events spreads across more nations, with greater negative effect, expect to see more governments jumping on the bandwagon. Watch this space — there’s more to come!