Security Boulevard

MAY 12, 2022

Insurance carriers will offer a variety of different policies and coverage, including: Costs associated with an actual data breach, including letters to all affected victims. What Is Not Covered Under Cyber Insurance? For organizations seeking cyber insurance, the road for predictable security runs in parallel.

Cyber Insurance 105

Cyber Insurance Insurance Marketing Firewall 105

Security Affairs

FEBRUARY 25, 2024

Disrupt LockBit Ransomware Variant Reward Offers for Information on LockBit Leaders and Designating Affiliates Darknet Drug Dealers Arrested After Packages of Meth-Laced Adderall Repeatedly Returned to Sender LockBit ransomware gang has over $110 million in unspent bitcoin Malware Anatsa Trojan Returns: Targeting Europe and Expanding Its Reach Migo (..)

Spyware 96

Spyware Cyber Insurance Hacking Advertising 96

Adam Levin

JULY 8, 2020

We are all weary of the endless cycle of hacks and data breaches and we’re increasingly blaming businesses that have been compromised rather than the hackers themselves. It should include an inventory of who can access registrar accounts, implementation of two-factor authentication, and password hygiene checks.

Hacking 130

Hacking Retail Cyber Insurance Authentication 130

Malwarebytes

SEPTEMBER 30, 2022

Take cyber insurance , for example. Cyber insurance can prevent local governments from having to pay huge out of pocket costs in the event that they’re hit with a cyberattack. Baltimore learned this the hard way. (An

Government 57

Government Cybersecurity Cyber Insurance Insurance 57

SecureWorld News

JANUARY 21, 2024

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.

Cybersecurity 92

Cybersecurity Backups Cyber threats Software 92

Malwarebytes

JANUARY 15, 2023

There’s no word if any of the schools affected paid the ransom and had their data leaked anyway, or if the ransomware gang stuck to its word and “only” leaked in cases of non-payment. Ensure your RDP points are locked down with a good password and multi-factor authentication. Keep your tools in good shape.

Ransomware 73

Ransomware Backups Education VPN 73

SecureWorld News

NOVEMBER 22, 2021

In a BEC incident, you're almost certainly going to be handling a combination of: • wire transfers or other financial losses; • compromised sensitive information, such as employee or customer data; • potential email server and data breaches of unknown size; and • branding and reputation issues. BEC-IRP Section 2: Identification.

Scams 82

Scams Cybercrime Accountability Banking 82

ForAllSecure

MAY 17, 2023

Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. cyber insurance as a whole was changing heavily. And why is that? It started off pretty easy to get.

Internet 40

Internet Internet Insurance Cyber Insurance 40

Malwarebytes

SEPTEMBER 14, 2022

Also, look for one that provides a comprehensive view to monitor the health of all your enterprise data. Two-factor authentication (2FA) is a cost-effective option for SMBs. ” Read more: Understanding the basics of two-factor authentication. Bonus: Cyber insurance. How can you secure your business?

Technology 63

Technology DNS Cyber Insurance Insurance 63

eSecurity Planet

MARCH 17, 2023

It also helps organizations to organize and assess data for vulnerabilities and determine an appropriate response plan in the case of a data breach. Within this framework are requirements to minimize lateral movement and impact in breach scenarios as well as data collection and response requirements.

Network Security 115

Network Security Penetration Testing Firewall Antivirus 115

Duo's Security Blog

JUNE 21, 2021

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. Home insurance recommends anti-theft measures and outdoor cameras.

Insurance 100

Insurance Cyber Insurance Data breaches Social Engineering 100

Security Boulevard

JUNE 26, 2022

Cost of Breach Could Be Greater Than The Expected Cost Savings. IBM’s annual Cost of a Data Breach study revealed a single data breach could cost a company up to $3.29 That $3.29, even with cyber insurance, is still a significant hit to the organization’s bottom line.

Information Security 98

Information Security Technology Marketing Cyber Insurance 98

eSecurity Planet

OCTOBER 5, 2021

We should encrypt data at rest. We should use multi-factor authentication. Paying for internal assessments and penetration tests by a third party can provide fresh thinking and a level of assurance for stakeholders such as customers, the board of directors, and the insurance company that wrote our cyber insurance policy.

Ransomware 130

Ransomware Backups Insurance Cyber Insurance 130

Duo's Security Blog

JULY 11, 2022

According to the 2022 Verizon Data Breach Investigations Report (DBIR) , the top attack types for the Education Services Sector are largely unchanged over the last 5 years. Using multi-factor authentication (MFA) to prevent or mitigate the impact of Education Services threats is a common control in all but two scenarios.

Education 52

Education Insurance Cyber Insurance Government 52

Security Boulevard

JUNE 27, 2022

43% believe that implementing multifactor authentication (MFA) would have made a difference in preventing breaches. Multifactor authentication jumps to the top of the list. Multifactor Authentication (MFA), in the context of a “mitigation strategy,” jumped to the top of list in preventing breaches. Data Breach.

Digital transformation 52

Digital transformation Cyber Insurance Authentication Accountability 52

BH Consulting

SEPTEMBER 7, 2022

Independent research like the Verizon Data Breach Investigations Report consistently shows high numbers of breaches involving a human element. If other judges follow this precedent, insurance companies could become less likely to pay in cases like this. And the cyber insurance market keeps growing.

Insurance 40

Insurance Social Engineering Cyber Risk Cyber Insurance 40

Spinone

OCTOBER 13, 2020

In IBM’s Cost of a Data Breach Report 2019 cited the following: Lost business is the biggest contributor to data breach costs The average cost of lost business in 2019 was $1.42 In fact, one report shows that business email compromises are 23% of cyber insurance claims.

Ransomware 52

Ransomware Backups Data breaches Encryption 52

Jane Frankland

DECEMBER 7, 2023

It’s likely we’ll continue to witness a significant shift in the motivation behind prominent cyberattacks, as data sources indicate a resurgence in activities such as information theft, covert communication monitoring, and content manipulation from state sponsored attackers and cybercriminals.

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130

Troy Hunt

MARCH 2, 2020

These were companies spanning all sorts of different industries; big tech, general infosec, antivirus, hosting, finance, e-commerce, cyber insurance - I could go on. Anyone can cobble together a website with some APIs and load in a ton of data breaches, but establishing trust is a whole different story.

Data breaches 341

Data breaches Marketing Cyber Insurance InfoSec 341