BH Consulting

MARCH 21, 2024

Creeping cyber risk grabbing global headlines Ransomware keeps reminding us of the strong connection between a cybersecurity incident and financial loss. CNN reports that ransomware victims in the US healthcare sector say they’re “haemorrhaging money”, as disruption affects their daily operations.

Cyber threats 69

Cyber threats Ransomware Healthcare Risk 69

Thales Cloud Protection & Licensing

NOVEMBER 20, 2022

In addition, if individual access is not quickly withdrawn upon an employee's departure from the organization, it might constitute an equally severe cyber risk. Many industry reports have demonstrated that compromised credentials are the primary source of successful data breaches and ransomware attacks.

Retail 71

Retail Authentication Data breaches Risk 71

The Last Watchdog

JUNE 23, 2021

The challenge of embracing digital transformation while also quelling the accompanying cyber risks has never been greater for small- and mid-sized businesses. Related: How ‘PAM’ improves authentication. The Colonial Pipeline ransomware debacle and the near poisoning of the Oldsmar, Fla.

Accountability 201

Accountability Passwords Hacking Cyber Risk 201

The Last Watchdog

DECEMBER 14, 2023

Last Watchdog posed two questions: •What should be my biggest takeaway from 2023, with respect to mitigating cyber risks at my organization? ai Antani Many speculated that the ransomware attack on a Toyota supply chain player in Kojima, Japan was in retaliation for Japan’s aid to Ukraine.

Cybersecurity 234

Cybersecurity Marketing Encryption CISO 234

IT Security Guru

FEBRUARY 28, 2023

Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.

Cyber Insurance 105

Cyber Insurance Insurance Marketing Cyber Risk 105

CyberSecurity Insiders

OCTOBER 7, 2021

However, achieving Zero Trust Architecture (ZTA) in today’s threat landscape does require some form of automation, especially in support of dynamic policy, authorization and authentication. Both users and devices must be continuously authenticated and granted access to resources through disciplined verification.

Architecture 134

Architecture Authentication Digital transformation Mobile 134

Duo's Security Blog

OCTOBER 18, 2021

One area where campuses have been collaborating recently are changes around cyber liability insurance for higher education, an opportunity for campus cybersecurity teams to combine forces with their risk management team. In a recent Duo blog post, we gave an overview of cyber liability insurance.

Insurance 61

Insurance Education Risk Cyber Insurance 61

SecureWorld News

OCTOBER 22, 2021

And now CISOs and security teams are getting some surprise mainstream exposure from comedians as they turn cyber headlines into security punchlines. It is helping raise greater security and cyber risk awareness within organizations, with everyone from end-users to board members. Cartoon: the ransomware of things.

Cybersecurity 87

Cybersecurity Passwords Cybercrime Hacking 87

Duo's Security Blog

DECEMBER 7, 2022

MFA is a necessity, not a luxury There is a good reason that nearly every cyber liability insurance carrier requires multi-factor authentication (MFA) and why, according to wholesale specialty insurance distributors CRC Group , clients without MFA risk non-renewal or a retention hike of 100% or more.

Insurance 68

Insurance Cyber Insurance Ransomware Risk 68

Thales Cloud Protection & Licensing

JULY 4, 2022

As privacy regulations, as well as cyber risks increased, insurance covering these challenges has grown in popularity for many organizations. This is a direct result of the frequency of ransomware attacks, as well as the higher ransom demands of the cybercriminals. Cyber extortion / ransomware. Loss of income.

Insurance 71

Insurance Cybersecurity Risk Data breaches 71

Security Boulevard

MAY 30, 2022

For example, in October 2020, CISA, FBI, and the Department of Health and Human Services (HHS) issued a joint cybersecurity advisory which described the tactics used by cybercriminals against targets in the healthcare sector to infect systems with ransomware for financial gain. Weak PKI Implementation is a Major Cyber Risk.

Healthcare 90

Healthcare IoT Manufacturing Risk 90

Thales Cloud Protection & Licensing

APRIL 29, 2024

However, a relentless barrage of data breaches, ransomware attacks, and sophisticated cyber threats steadily erodes this trust. PSD3 sets out more extensive Strong Customer Authentication (SCA) regulations and stricter rules on access to payment systems and account information and introduces additional safeguards against fraud.

Risk 71

Risk Manufacturing Digital transformation Cybersecurity 71

Malwarebytes

JUNE 21, 2023

The newly discovered vulnerability, CVE-2023-27992 , is a pre-authentication command injection problem that could allow an unauthenticated attacker to execute operating system commands by sending specially crafted HTTP requests. When it comes to reducing cyber risk and ensuring resilience, we all have a role to play.”

Internet 87

Internet Internet Firmware Cyber Risk 87

IT Security Guru

FEBRUARY 28, 2022

Given the connectivity needs of a remote workforce – and knowing a hybrid workforce is here to stay – many IT teams have had to make sudden changes in the way workers connect to corporate systems that could introduce new cyber risks and vulnerabilities. .

CISO 82

CISO Digital transformation Artificial Intelligence Risk 82

The Last Watchdog

MAY 2, 2019

Small and midsize businesses — so-called SMBs — face an acute risk of sustaining a crippling cyberattack. This appears to be even more true today than it was when I began writing about business cyber risks at USA TODAY more than a decade ago. So far in 2019, we’re seeing another shift back to ransomware, Gill told me.

Risk 182

Risk Cyber Risk Cyber threats Banking 182

Security Affairs

JANUARY 19, 2022

NotPetya and WannaCry ransomware—to cause significant, widespread damage to critical infrastructure.” ” Microsoft spotted a destructive malware, tracked as WhisperGate , that targeted government, non-profit, and IT entities in Ukraine with a wiper disguised as ransomware. ” reads the insights” document.

Malware 76

Malware Cyber Attacks Government Ransomware 76

Malwarebytes

JANUARY 21, 2022

CISA says it wants to ensure that senior leaders at every organization in the United States, regardless of sector or size, are aware of critical cyber-risks, and take urgent steps to reduce the likelihood and impact of a potentially damaging compromise. Disable all ports and protocols that are not essential for business purposes.

Backups 108

Backups Risk Malware Software 108

Security Boulevard

APRIL 29, 2024

However, a relentless barrage of data breaches, ransomware attacks, and sophisticated cyber threats steadily erodes this trust. PSD3 sets out more extensive Strong Customer Authentication (SCA) regulations and stricter rules on access to payment systems and account information and introduces additional safeguards against fraud.

Risk 70

Risk Manufacturing Cybersecurity Digital transformation 70

Security Affairs

APRIL 22, 2022

This shift to digital technology has created a new class of digital risks that are constantly evolving and strike faster and often with more severity than traditional risks. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance.

Cyber Insurance 85

Cyber Insurance Insurance Risk Technology 85

Thales Cloud Protection & Licensing

JUNE 15, 2023

Reduce business threats Key Management as a Service can help organizations reduce cyber risks and address various threats to business and data security. It authenticates the user and ensures all requests are authorized before forwarding them to the key management system.

Encryption 133

Encryption Data breaches Authentication Risk 133

CyberSecurity Insiders

FEBRUARY 7, 2022

Staying safe online is not just a worry for parents of young children and teenagers – organizations are also constantly at risk from cyber-attacks, which is why training staff to reduce the likelihood of any such attack is crucial. Using varied eLearning techniques.

Internet 94

Internet Internet Data breaches Phishing 94

SecureWorld News

JANUARY 11, 2024

While it fosters innovation, automation, and productivity, it simultaneously introduces significant cybersecurity and privacy risks. One prominent threat is business email compromise (BEC), which remains a leading vector for cyber threats. Real-world conflicts cast shadows that significantly amplify cyber risks.

Cybersecurity 97

Cybersecurity CISO Cyber threats Risk 97

Thales Cloud Protection & Licensing

JUNE 26, 2023

An expanding and more complex business risk environment More than ever, small businesses need support to overcome the ripple effects of geopolitical tensions, climate crisis, and financial recession. Make it harder for hackers with Multi-Factor Authentication (MFA) MFA should be in place for all your business accounts and systems.

Small Business 62

Small Business Encryption Risk Accountability 62

IT Security Guru

NOVEMBER 11, 2021

It’s mostly problems from the IT world, says Andy Norton, European Cyber Risk Officer at Armis. The Guru decided to ask Armis’ European cyber risk officer, Andy Norton for his thoughts. What keeps OT security specialists up at night? Vulnerabilities, especially in IT. May 2021: Colonial Pipeline infrastructure shutdown.

Cybersecurity 136

Cybersecurity Wireless Cyber Risk Risk 136

Digital Shadows

NOVEMBER 10, 2022

In this paper, we highlighted three main things that enable attackers to conduct said attacks: the ever-expanding digital footprint, human and technological limitations when it comes to secure authentication, and (once again) weak and exposed passwords.

Cyber threats 52

Cyber threats Media Social Engineering Mobile 52

SC Magazine

JULY 8, 2021

Devon Ackerman, managing director and head of incident response for North America with Kroll’s Cyber Risk practice, said that the malicious actors behind this growing trend are “directly tied to ransomware groups” and are likely using automated scripts to seek out “Contact Us” or chat forms on the internet that they can abuse.

Phishing 134

Phishing Antivirus Scams Malware 134

CyberSecurity Insiders

APRIL 1, 2021

Others extract valuable personally identifiable information (PII) to sell on the Dark Web, while others look to extort money due to ransomware. Therefore, it is vital to be proactive rather than reactive to reduce these cyber-risks. Multi-Factor Authentication. Some hackers simply aim to cause disruption.

Passwords 130

Passwords VPN Data breaches Accountability 130

Centraleyes

DECEMBER 6, 2023

According to Purplesec, ransomware attacks have increased by 350% since 2018, zero-day attacks were up by 55% in 2021, and out of the 30 million SMBs in the USA, over 66% have had at least 1 cyber incident between 2018-2020. Cybercrime is on the rise at a startling rate. Scans are not the only way to identify vulnerabilities.

Risk 52

Risk Cyber Risk Software Information Security 52

SC Magazine

JUNE 2, 2021

But in this case, “the emphasis on cyber leadership in this program is a useful one. In many organizations of all sizes, cyber risks go uncontrolled because the teams responsible for tackling them don’t have robust executive sponsorship, and so providing leaders with the correct perspective to support these teams are vital.”.

Risk 79

Risk Small Business Education Cybersecurity 79

Security Affairs

NOVEMBER 14, 2022

As the risk of a cyberattack grows, it is pivotal to consider whether the directors of a company hit by a ransomware attack, for example, can bear any liability for negligence in failing to take steps to limit the risk. The size of the cyber risk to companies cannot be underestimated.

Cyber Risk 121

Cyber Risk Insurance Cyber Attacks Risk 121

The Last Watchdog

DECEMBER 12, 2023

Related: Adopting an assume-breach mindset With that in mind, Last Watchdog invited the cybersecurity experts we’ve worked with this past year for their perspectives on two questions that all company leaders should have top of mind: •What should be my biggest takeaway from 2023, with respect to mitigating cyber risks at my organization?

Cybersecurity 258

Cybersecurity Social Engineering Cyber threats Software 258

Spinone

DECEMBER 20, 2018

Many attach the word encryption to bad guys who use ransomware to encrypt data and then hold that data hostage until a ransom is paid. Sadly, ransomware sheds a bad light on encryption. IPsec establishes mutual authentication between source and endpoints, negotiating the “keys” that are used in the TCP/IP session.

Data breaches 58

Data breaches Encryption Backups Accountability 58

SecureWorld News

AUGUST 21, 2020

Now you can add a ransomware attack to the list of disruptions the University is juggling. What are details of the University of Utah ransomware attack? Hackers and cybercriminals have evolved the way they use ransomware in cyberattacks. Cyber insurance is what pays for you to do what you need to do to have a proper response.".

Ransomware 79

Ransomware Cyber Insurance Insurance Backups 79

Spinone

JULY 16, 2020

Moreover, reinforced access increases the level of authentication. Data leakages, phishing attacks, ransomware infections, to name a few. For a compromised account, you can use the following measures of the response plan: Changing the access password immediately Neutralizing the attack or mitigating cyber risks Updating the system.

Backups 98

Backups Accountability Data breaches Passwords 98

Adam Levin

MARCH 17, 2022

Phishing emails are the most common vector for attacks on corporate networks, especially in ransomware and business email compromise (BEC) campaigns; anything that involves large groups of employees to continuously send updated file attachments or links to a reply-all list or an individual, creates cybersecurity issues.

Cyber threats 229

Cyber threats Phishing Passwords Malware 229

CyberSecurity Insiders

DECEMBER 18, 2022

It wasn’t just the recent Uber attack in which the victim’s Multi-Factor Authentication (MFA) was compromised; at the core of the vast majority of cyber incidents is the theft and abuse of legitimate credentials. 2 – Continued ‘hacktivism’ from non-state actors complicates cyber attribution and security strategies.

Cybersecurity 125

Cybersecurity CISO Insurance Ransomware 125

CyberSecurity Insiders

APRIL 17, 2023

Despite their popularity, however, VPN authentication can grant malicious third parties unrestricted network access and allow them to compromise an organization’s digital assets. Ransomware attacks A second variety of cybersecurity breaches is ransomware.

Network Security 91

Network Security Workplace Security Firewall Phishing 91