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Ransomware: Number One Cyber Insurance Claim

SecureWorld News

Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. The number one type of cyber incident so far this year is ransomware.

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One Year Later: What Have We Learned Since the Colonial Pipeline Attack

Thales Cloud Protection & Licensing

Cyber insurance coverage ramps up. There is also huge debate around cyber insurance and whether it is fit for purpose. Cyber insurance is designed to help protect organizations against the fallout from cyber-attacks, including covering the financial costs of paying out ransomware demands and dealing with incidents.

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Cybersecurity for Nonprofits: Cost-Effective Defense Strategies

SecureWorld News

Phishing attacks, for instance, are extremely common: these are deceptive emails or messages designed to steal data. Ransomware is another significant threat, where attackers encrypt an organization's data and demand payment for its release. Because of this, it's crucial to understand the types of threats nonprofits face.

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Ransomware in 2020

Cytelligence

As these attacks increase in their frequency, threat actors have had to evolve their strategies due to the following reasons: Competition from other threat actors vying for the same “pie”. Lessons learned” from attacks that did not generate a pay-out. Effectiveness of data backup strategies. What tactics do cybercriminals use?

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5 essential security tips for SMBs

Malwarebytes

It is hugely effective: It can protect you from stolen passwords and credential stuffing, shut out online and offline brute-force guessing attacks, and some forms of MFA will even stop phishing attempts. Make offsite, offline backups. A muli-layered approach to cyber attack prevention. More resources.

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Ransomware Protection in 2021

eSecurity Planet

A ransomware attack is about as bad as a cyber attack can get. It can shut down your business – in the case of healthcare organizations that can be life-threatening for patients – damage your reputation with customers and employees, and invite further attacks as cybercriminals view your organization as an easy mark.

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What is Ransomware? Everything You Should Know

eSecurity Planet

There are several methods of delivering ransomware attacks. Whether deployed by ransomware groups or individuals via ransomware as a service (RaaS) , the most common method of ransomware deployment is a phishing email. Conti Around 20% of attacks in early 2022 were from Conti, the group behind the 2021 Irish health services attack.