Webroot

OCTOBER 14, 2022

In other words, 2022 has been an eventful year in the threat landscape, with malware continuing to take center stage. 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.

Malware 61

Malware Antivirus DDOS Cyber Insurance 61

SecureWorld News

SEPTEMBER 23, 2021

Within that, it's four categories: preparation, updates, protection, and backups. Cyber defense is about test, test, test.". Familiarize yourself and your organization with cyber insurance. And we want to partner with cyber insurance in order to share that information that will allow us to do that.

Ransomware 70

Ransomware Cyber Insurance Insurance Government 70

eSecurity Planet

FEBRUARY 16, 2021

For access to the decryption key, the victim must make prompt payment, often in cryptocurrency shielding the attacker’s identity. In the event of a successful breach, your team must be ready to restore systems and data recovery. Offline Backups. Without external backups or rollback technology, recovery is impossible.

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Ransomware Backups Software Encryption 97

SC Magazine

FEBRUARY 25, 2021

Common ransomware protections could have partially mitigated either event. 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. 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. Instead, if you can detect one or more malicious events present in most kill chains before the attackers meet their objective, then you can prevent ransomware attacks. Some can’t afford not to pay, and some are covered by cyber insurance.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

Thales Cloud Protection & Licensing

AUGUST 11, 2021

Even the most critical damages caused by ransomware are repairable as long as you have a solid backup strategy. million) before crooks could transfer funds away from their cryptocurrency wallet, this newsmaking breach demonstrated how lucrative this foul play could get. Ransomware incidents covered by cyber insurance policies.

Ransomware 71

Ransomware Insurance Encryption Cyber Insurance 71

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