Cisco Security

JULY 11, 2022

Downtime varied from minimal disruption (thanks to frequent data backups) to months upon months of recovery time . Securing vectors threat actors have to your network has to be the goal . In today’s climate of ever-increasing sophisticated cyber threats this won’t cut it. In 2021: .

Ransomware 145

Ransomware Education Cyber Insurance Insurance 145

eSecurity Planet

APRIL 6, 2023

Ransomware-proof backups: You can limit the damage caused by ransomware by maintaining an effective backup and disaster recovery plan. Usually, ransomware attacks damage backups, so you should have at a minimum one backup version offline and out of reach from the network. But make sure you manage the encryption keys well.

Ransomware 98

Ransomware Backups Encryption Cybersecurity 98

Malwarebytes

SEPTEMBER 30, 2022

Take cyber insurance , for example. Cyber insurance can prevent local governments from having to pay huge out of pocket costs in the event that they’re hit with a cyberattack. 24/7 monitoring of cyber threats. Related : Cyber threat hunting for SMBs: How MDR can help. Incident response.

Government 68

Government Cybersecurity Cyber Insurance Insurance 68

CyberSecurity Insiders

OCTOBER 24, 2022

The education sector is increasingly vulnerable to simple and sophisticated cyber threats, and higher learning is especially vulnerable. Again, this incident demonstrates the importance of maintaining backups of data (especially sensitive and critical data) and managing human behavior as they access the systems. Cyber insurance.

Education 58

Education Cyber Attacks Cyber Insurance Insurance 58

Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. Our findings highlight that cyber threats can impact any organization, no matter its size, sector, or location.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

Malwarebytes

OCTOBER 19, 2022

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.

Passwords 86

Passwords Ransomware Backups Cyber Insurance 86

SC Magazine

JUNE 30, 2021

Of that group, some were willing to let their districts part with sizable amount of money, even though local taxpayers would be (at the very least indirectly via cyber insurance costs) taking a hit as well. We recommend they invest in security and backups to better defend against the threat.”. So why the disparity?

Ransomware 82

Ransomware Backups Cyber Insurance Media 82

SC Magazine

FEBRUARY 25, 2021

The government has options, but none of them are easy or fast,” said Michael Daniel, former White House cybersecurity coordinator and current president and CEO of the Cyber Threat Alliance. And imposing rules on businesses can sometimes result in penalizing the victims. They will still pay, but it will be illegal.

Ransomware 104

Ransomware Insurance Government Cryptocurrency 104

Centraleyes

JUNE 11, 2024

Encrypt and securely store backups offsite to protect critical data from unauthorized access or tampering. Emphasize defense-in-depth principles by combining traditional intrusion detection mechanisms with advanced threat detection technologies to effectively identify and mitigate sophisticated cyber threats.

Risk 52

Risk Cyber Insurance Insurance Authentication 52

Centraleyes

MARCH 19, 2024

It aims to help IT staff swiftly stop, contain, and control incidents, whether cyber threats or physical disruptors like natural disasters. Key benefits include shorter downtimes, reduced recovery costs, lower cyber insurance, and fewer fines in heavily regulated sectors. What is an Incident Recovery Team?

Risk 52

Risk Backups Technology Cyber threats 52

IT Security Guru

FEBRUARY 28, 2023

Cyber insurers are losing money. 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.

Cyber Insurance 131

Cyber Insurance Insurance Marketing Cyber Attacks 131

Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. Our findings highlight that cyber threats can impact any organization, no matter its size, sector, or location.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

SecureWorld News

MARCH 5, 2025

The impact will be felt well beyond the involved countries of Canada, USA, Mexico, and China," said Kenrick Bagnall , Founder, KONCYBER & RB-Cyber Assurance; Royal Candian Mounted Police (RCMP) Contractor/Instructor; Toronto Police Service (Cybercrime Unit) (Ret.). " The biggest danger is making rushed choices.

Cyber Risk 121

Cyber Risk Risk Small Business Cyber Insurance 121

Adam Levin

MARCH 2, 2020

Bear in mind that your data backups will be of no use if they are also encrypted by a ransomware attack, so keep them stored separately and offline. If your company already has cyber insurance coverage, consider increasing it. 1 Cyber Threat This Year. Don’t be the next Heritage Company.

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215