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2023 Predictions for Storage and Backup Ransomware

CyberSecurity Insiders

By Doron Pinhas, Chief Technology Officer, Continuity. 2022 clearly demonstrated that attacks on data represent the greatest cyber-threat organizations face. The attack pace not only continued, it accelerated. And backup and storage systems are rife with unpatched CVEs. Slow Gains on Storage and Backup Security.

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Scant evidence that cyber insurance boom is leading to better security

SC Magazine

The rise of the cyber insurance has largely failed to promote better cybersecurity practices among the industries they cover, according to a new report released Monday from British security think tank RUSI. Photo by Spencer Platt/Getty Images). But recent research shows that’s not happening.

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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

This demonstrates that there are still some businesses that have not learned the lessons of the Colonial Pipeline attack and listened to what security experts and the U.S. government is recommending to ensure the operations of Critical National Infrastructure are not affected by ransomware attacks. Cyber insurance coverage ramps up.

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Cybersecurity for Nonprofits: Cost-Effective Defense Strategies

SecureWorld News

The costs of recovering from such incidents, especially for smaller organizations without cyber insurance, can be devastating. These losses are not just monetary; the time and resources diverted to deal with the aftermath of an attack can significantly hamper operational efficiency.

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After Springhill: Assessing the Impact of Ransomware Lawsuits

eSecurity Planet

“From a technological standpoint this is a fairly old case, so whatever was in place then probably isn’t relevant to what needs to be in place today – but it does tie together the absolute gravity of the situation that we’re in,” Crockett said. ” Cyber Insurance No Longer Reliable.

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5 essential security tips for SMBs

Malwarebytes

Make offsite, offline backups. To make this possible you’ll need comprehensive, recently tested, backups that are both offline and offsite, beyond the reach of your attackers. A muli-layered approach to cyber attack prevention. Cyber threat hunting for SMBs: How MDR can help. More resources.