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Ransomware: Number One Cyber Insurance Claim

SecureWorld News

Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. The number one type of cyber incident so far this year is ransomware.

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Top Cyber Attacker Techniques, August–October 2024

Digital Shadows

The US, manufacturing sector, and professional, scientific, and technical services (PSTS) sector are primary targets amidst an overall increase in ransomware attacks. Implementing strong password policies, enabling Network Level Authentication (NLA), and configuring rate limiting can significantly reduce the risk of unauthorized access.

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MSPs: Becoming the Trusted Cyber Insurance Advisor

Duo's Security Blog

In its modern iteration, cyber liability insurance mitigates the losses and business costs associated with cyber incidents and resulting downtime. CyberCube, a company specializing in quantifying cyber risk, estimates that the U.S. standalone cyber insurance market could reach $45 billion in premiums by 2034.

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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. These losses are not just monetary; the time and resources diverted to deal with the aftermath of an attack can significantly hamper operational efficiency.

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What is Ransomware? Everything You Should Know

eSecurity Planet

Lapsus$ was responsible for a destructive run of cyber attacks in early 2022, hitting some high-profile tech companies. Conti Around 20% of attacks in early 2022 were from Conti, the group behind the 2021 Irish health services attack. Manage desktop extensions: Change Windows from default to showcase extensions.

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5 essential security tips for SMBs

Malwarebytes

Use multi-factor authentication. That’s where multi-factor authentication (MFA) comes in. Make offsite, offline backups. To make this possible you’ll need comprehensive, recently tested, backups that are both offline and offsite, beyond the reach of your attackers. More resources.

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Top Cyber Attacker Techniques, August–October 2024

Digital Shadows

The US, manufacturing sector, and professional, scientific, and technical services (PSTS) sector are primary targets amidst an overall increase in ransomware attacks. Implementing strong password policies, enabling Network Level Authentication (NLA), and configuring rate limiting can significantly reduce the risk of unauthorized access.