Centraleyes

JUNE 11, 2024

Understanding the Foundation of Risk Mitigation Implementing robust risk mitigation strategies is essential to navigating the complexities of risk-related compliance activities. But before discussing risk mitigation techniques , we must discuss the necessary prep work.

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eSecurity Planet

APRIL 6, 2023

While a typical ransomware attack just encrypts the data, exfiltration raises the risk by threatening to make sensitive data public. During a double extortion attack, a ransomware operator acquires control of the victim network through established threat vectors, then locates high-value assets, encrypts the data and exfiltrates it.

Ransomware 98

Ransomware Backups Encryption Malware 98

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

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Malwarebytes

SEPTEMBER 30, 2022

And a key part of building out any cybersecurity policy for your local government is to develop an organizational understanding of risk to systems, people, data, and so on. Take cyber insurance , for example. Also delivered free of charge by the NCATS team. Adopt the fundamentals. Baltimore learned this the hard way. (An

Government 69

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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

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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

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Centraleyes

MARCH 19, 2024

Critical considerations include assessing business recovery risks, ensuring employee safety, and mitigating financial losses. Accelerating a multi-cloud strategy adds layers of resilience, allowing organizations to mitigate downtime risks and scale services based on demand. What is an Incident Recovery Team?

Risk 52

Risk Backups Technology Cyber threats 52

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

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

SecureWorld News

MARCH 5, 2025

Cybersecurity professionals are already grappling with the risks of supply chain attacks, and these tariffs add another layer of complexity. Taking another perspective on new risks, maybe a U.S. Increased counterfeit risks in hardware procurement as organizations look for cheaper alternatives. So what should CISOs do?

Cyber Risk 120

Cyber Risk Risk Small Business Cyber Insurance 120

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.

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Cyber threats Ransomware Encryption Insurance 215