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Turn Out the Lights, the Cyber Attack Is Over. Not Quite

SecureWorld News

Non-essential operations were temporarily suspended as emergency response teams worked around the clock to understand the malware, prevent further damage, and initiate backups and recovery procedures where possible. This is due to a technical issue connected to the recent cyber attack, when we were forced to shut down our IT systems.

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Australia entities suffer Cyber Attacks and QUAD update

CyberSecurity Insiders

The Guardian’s Australian staff were targeted in a sophisticated cyber attack that led to the leak of personal information of 140 current and former staff members. NOTE 1- The Guardian’s UK branch was the first to get targeted in the attack on December 20th,2022 and it was of ransomware variant.

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A Ransomware Group Claims to Have Breached the Foxconn Factory

Hacker Combat

ransomware to conduct the cyber-attack, the hackers threaten to expose stolen files unless the company pays a ransom. The ransomware gang demanded over $34 million in bitcoin to be paid as ransom. How to Recognize a Ransomware Attack. How to Prevent Ransomware Attacks. using the LockBit 2.0

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The future of cyber insurance

IT Security Guru

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.

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Cyber Security: Work From Home Best Practices

Spinone

The cyber security aspect of working from home is extremely important, as cyber attacks are on the rise. In this cyber security guide , we’ll help you to learn more about risks and cyber security best practices for remote work. There are various cyber risks for your data.

Backups 98
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LW ROUNDTABLE: Cybersecurity takeaways of 2023 — and what’s ahead in 2024 ( part 3)

The Last Watchdog

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.

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Understanding the Cost of Cybersecurity Breaches for Small Businesses

Cytelligence

Understanding the cost of cybersecurity breaches is crucial for small business owners to highlight the importance of a cybersecurity audit and the role of ransomware services in safeguarding their operations and reputation. Cyber attackers find small businesses an attractive target for several reasons.