Malwarebytes

JULY 5, 2021

Other cybersecurity news. Other cybersecurity news.

Cyber Insurance 110

Cyber Insurance Social Engineering Scams Insurance 110

SecureWorld News

AUGUST 21, 2020

The end result was hefty payment: "After careful consideration, the university decided to work with its cyber insurance provider to pay a fee to the ransomware attacker. It had cyber insurance: "The university’s cyber insurance policy paid part of the ransom, and the university covered the remainder.

Ransomware 98

Ransomware Cyber Insurance Insurance Backups 98

SecureWorld News

MAY 2, 2025

Many healthcare providers now undergo annual security audits and risk assessments as required by regulators or cyber insurance providers. This trend drives investment in secure communication tools, stronger identity authentication for remote users, and vetting of third-party telehealth tech for security compliance.

Healthcare 102

Healthcare Marketing Cybersecurity CISO 102

Webroot

SEPTEMBER 24, 2024

Use strong, unique passwords : Weak or reused passwords are an easy way in for cybercriminals. Use a password manager to create and store strong passwords. Enable two-factor authentication (MFA) : For added protection, enable two-factor authentication on your accounts.

Cyber threats 116

Cyber threats Small Business Scams Cybercrime 116

BH Consulting

JULY 17, 2024

MFA momentum gathers after AWS adoption and Snowflake breach Multi-factor authentication (MFA) got a boost on two fronts recently. He added that IT professionals relying on strong passwords or the ability to spot phishing isn’t enough. The specialist broker is forecasting the total cyber insurance market will reach $43 billion by 2030.

Cyber Insurance 69

Cyber Insurance Insurance Risk Marketing 69

CyberSecurity Insiders

JUNE 22, 2023

Instead, the ransom pay can be covered from a cyber insurance policy, provided it is taken prior to the launch of the attack and covers the costs associated with the malware attack. Nope, says a renowned international bank from UK. Enhance security measures: Strengthen your security measures to prevent future attacks.

Ransomware 96

Ransomware Banking Cyber Insurance Insurance 96

Adam Levin

JULY 8, 2020

It should include an inventory of who can access registrar accounts, implementation of two-factor authentication, and password hygiene checks. Industry-level protections such as Domain-based Message Authentication, Reporting & Conformance (DMARC) should also be put in place.

Hacking 130

Hacking Retail Cyber Insurance Authentication 130

Malwarebytes

SEPTEMBER 14, 2022

Two-factor authentication (2FA) is a cost-effective option for SMBs. You roll a device quickly, you enroll a device—that's something they have, which is usually a smartphone—something they know, which is a password—and then you enforce password minimum.” Bonus: Cyber insurance.

Technology 90

Technology DNS Cyber Insurance Insurance 90

Hacker Combat

JULY 31, 2020

Passwords go unchanged for years because they’re easy to remember. Carry Cyber Insurance. This makes carrying a cyber insurance policy with a reputable carrier a good idea. Employ Multi Factor Authentication (MFA). Next to weak passwords, old software is another leading cause of data breaches.

Cybersecurity 69

Cybersecurity Cyber Insurance Insurance Data breaches 69

Malwarebytes

OCTOBER 19, 2022

Use multi-factor authentication. There is no need for criminals to jimmy a lock if they can steal a key, and the keys to your kingdom are your users’ passwords. In theory , putting those keys out of reach is easy: You just need all your users to choose strong, unique passwords for every account they use, all the time.

Passwords 95

Passwords Ransomware Backups Cyber Insurance 95

Digital Shadows

JANUARY 14, 2025

To gain access to internal networks, Akira targeted local accounts with disabled multifactor authentication (MFA) and SonicOS firmware versions vulnerable to exploitation, often exposed to the internet for virtual private network (VPN) access. In addition, aligning PowerShell policies with user roles further minimizes abuse.

Ransomware 126

Ransomware Social Engineering Phishing VPN 126

eSecurity Planet

MARCH 17, 2023

Security Information and Event Management Product Guide Best SIEM Tools & Software Zero Trust As a concept and framework, Zero Trust requires that all users and devices are regularly authenticated and re-authorized before accessing any part of the network.

Network Security 121

Network Security Penetration Testing Firewall Software 121

Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. For instance, disable password-saving in web browsers via Group Policy Management to prevent credential theft.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

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. Prohibit use of known/fixed/default passwords and credentials. Baltimore learned this the hard way. (An

Government 78

Government Cybersecurity Cyber Insurance Insurance 78

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 104

Cybersecurity Backups Cyber threats Software 104

Centraleyes

JUNE 11, 2024

Additionally, ensure that updates are authentic and delivered over secure channels to maintain the integrity of software installations. Maintain a list of trusted certificates to validate the authenticity of executable files and scripts. Time is of the essence when it comes to patch management.

Risk 52

Risk Cyber Insurance Insurance Authentication 52

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. I built and launched the authenticated API and payment process (I really should have doe this earlier, I'm so happy with it!)

Data breaches 363

Data breaches Marketing Cyber Insurance InfoSec 363

Webroot

SEPTEMBER 27, 2024

Use strong, unique passwords : Weak or reused passwords are an easy way in for cybercriminals. Use a password manager to create and store strong passwords. Enable two-factor authentication (MFA) : For added protection, enable two-factor authentication on your accounts.

Cyber threats 59

Cyber threats Small Business Scams Cybercrime 59

Malwarebytes

JANUARY 15, 2023

As we’ve seen recently, cyber insurance is no guarantee of avoiding a ransomware pitfall either with refusal of payout being decided in a court of law. Ensure your RDP points are locked down with a good password and multi-factor authentication.

Ransomware 97

Ransomware Backups Education VPN 97

SC Magazine

JUNE 14, 2021

It actually almost matches up with maybe 70% or 80% of the clients that we’re supporting, who had almost identical attacks with an old credential, with a weak password on a VPN. Credential monitoring, password policy, [multi-factor authentication], are preventable problems. Sometimes they have the cyber insurance policy.

Ransomware 85

Ransomware Passwords VPN Cyber Insurance 85

Digital Shadows

OCTOBER 14, 2024

English-speaking countries, particularly the US, UK, Canada, and Australia, have well-developed insurance markets and higher cybersecurity awareness, resulting in higher ransomware insurance adoption. However, some cyber insurance policies explicitly forbid ransom payments.

Ransomware 94

Ransomware Social Engineering Insurance Cyber Insurance 94

Thales Cloud Protection & Licensing

JULY 21, 2022

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.

Cyber threats 71

Cyber threats Energy and Utilities Ransomware IoT 71

NetSpi Executives

APRIL 27, 2024

Logins without multi-factor authentication. terminal services, virtual private networks (VPNs), and remote desktops—often use weak passwords and do not require MFA. terminal services, virtual private networks (VPNs), and remote desktops—often use weak passwords and do not require MFA. Enable multi-factor authentication.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. For instance, disable password-saving in web browsers via Group Policy Management to prevent credential theft.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

eSecurity Planet

APRIL 26, 2022

Also read : Top Cyber Insurance Companies. Notable cybersecurity exits for the company include Forescout, Imperva, Webroot, Tenable, and Crowdstrike; and Accel’s other successful investments include Atlassian, Cloudera, Etsy, and Meta. Accel Investments. Sequoia Capital. Honorable Mention Cybersecurity VCs.

Cybersecurity 129

Cybersecurity Technology Marketing Healthcare 129

Spinone

OCTOBER 13, 2020

In fact, one report shows that business email compromises are 23% of cyber insurance claims. If RDP connections exposed to the Internet are required, make sure RDP servers are patched, use two-factor authentication to authenticate to RDP, and restrict access as much as possible via network or other means.

Ransomware 52

Ransomware Backups Data breaches Encryption 52

IT Security Guru

DECEMBER 5, 2022

Everyone in the cyber insurance industry or trying to get cyber insurance today knows that using multifactor authentication (MFA) is an absolute make-or-break requirement for getting a cyber insurance policy; or if you can get a policy without MFA, you will pay a hefty increased premium for the same amount of coverage.

Insurance 127

Insurance Cyber Insurance Phishing Education 127

Schneier on Security

FEBRUARY 28, 2024

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 this is easier said than done.

Cyber Insurance 306

Cyber Insurance Insurance Government Cyber Risk 306

Duo's Security Blog

JUNE 21, 2021

Don’t worry though, there's already an insurance policy for that. What is Cyber Liability Insurance? Cyber liability insurance, sometimes known as cyber insurance, is distinct from traditional commercial general liability and property insurance policies.

Insurance 105

Insurance Cyber Insurance Data breaches Social Engineering 105

SC Magazine

MAY 13, 2021

Implement strong authentication for all OT users. Despite the sensitivity of OT environments, many organizations use single-factor user names and passwords to access assets. In some cases, they use shared passwords. Does the company have cyber insurance in place to pay a ransom? Are board members prepared to act?

Energy and Utilities 64

Energy and Utilities Ransomware Cyber Insurance Risk 64

Jane Frankland

JANUARY 12, 2025

Cyber threats often exploit human errors, whether through phishing attacks, weak passwords, or lapses in protocol. Cyber Insurance Cyber insurance will become an essential component of risk management strategies.

Cybersecurity 130

Cybersecurity CISO Insurance IoT 130

The Last Watchdog

DECEMBER 15, 2024

Cunningham John Paul Cunningham , CISO, Silverfort Identity-based attacks in 2024, like those on Microsoft and Snowflake, are prompting insurers to intensify scrutiny in 2025. Simic Bojan Simic , CEO, HYPR The era of passwords will further decline as credential misuse rises, with AI both aiding and challenging security efforts.

Cybersecurity 290

Cybersecurity Cyber threats CISO Energy and Utilities 290

SecureWorld News

MAY 12, 2020

If the law firm had cyber insurance, the policy may cover part of a ransom payment. When Florida cities paid more than a million dollars to ransomware operators in 2019, insurance covered most of it. What could be happening behind the scenes of this ransomware attack? What could be happening right now in this case?

Ransomware 96

Ransomware Insurance Backups Passwords 96