Webroot

OCTOBER 14, 2022

Since the mainstreaming of ransomware payloads and the adoption of cryptocurrencies that facilitate untraceable payments, malicious actors have been innovating new methods and tactics to evade the latest defenses. In other words, 2022 has been an eventful year in the threat landscape, with malware continuing to take center stage.

Malware 61

Malware Antivirus DDOS Cyber Insurance 61

SC Magazine

JUNE 15, 2021

We won’t ruin our reputation” with a security failure, said Benjamin Corll, vice president of cyber security and data protection at industrial thread company Coats. I’m not going to educate them, to say ‘Can I have your attention?’ From a financial perspective, if we did have to pay the ransomware, do we know how to buy cryptocurrency?

Ransomware 60

Ransomware Insurance Cyber Insurance Risk 60

SC Magazine

FEBRUARY 25, 2021

It’s a little blunt to be a solution,” said Mike McNerney, chief operating officer of Resilience, which provides cyber insurance, and a former policy adviser to the Department of Defense. A less abrasive way to interrupt payments could come at the cryptocurrency level. “We’re going to end up criminalizing being a victim.

Ransomware 104

Ransomware Insurance Government Cryptocurrency 104

NetSpi Executives

APRIL 27, 2024

Victims pay ransomware adversaries for decryption keys through cryptocurrency, such as Bitcoin. Hunt and destroy or encrypt backups hosted in local and cloud networks as well as virtual machine snapshots. Some can’t afford not to pay, and some are covered by cyber insurance. Protect your backup systems.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

SecureWorld News

AUGUST 21, 2020

The ISO assisted the college in restoring locally managed IT services and systems from backup copies. The University had servers encrypted but restored the systems and the access from backups. The University made the payment in cryptocurrency, through a third party firm. And number one is cyber insurance.

Ransomware 81

Ransomware Cyber Insurance Insurance Backups 81

Spinone

OCTOBER 13, 2020

Ransom payments are generally demanded in the form of untraceable cryptocurrency such as Bitcoin. As is often the case, the cost of restoring files from backups can amount to more than paying the ransom. Backups aren’t working. Ransomware today can actually look for backup files along with user data.

Ransomware 52

Ransomware Backups Data breaches Encryption 52

ForAllSecure

MAY 30, 2023

Obviously, organizations gotten smart to that and they started doing offline backups securing their backups differently, so that they would continue to have access and availability. of cryptocurrency. By no means. Does that mean that there was no ransomware occurring? VAMOSI: Should you pay?

Ransomware 40

Ransomware Encryption Authentication Backups 40