Remove Backups Remove Cyber Insurance Remove Encryption Remove Event
article thumbnail

A Cyber Insurance Backstop

Schneier on Security

One possible solution, touted by former Department of Homeland Security Secretary Michael Chertoff on a recent podcast , would be for the federal government to step in and help pay for these sorts of attacks by providing a cyber insurance backstop.

article thumbnail

Best Disaster Recovery Solutions for 2022

eSecurity Planet

There are hardware elements such as having a redundant data center, where the enterprise can fail over during an event. But it also requires software to orchestrate data movement, backup and restore technology to ensure a current copy of data is available, and the ability to recover systems and data rapidly.

Backups 137
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ransomware Attack Hits Carnival Cruise Corporation: What We Know

SecureWorld News

Hackers encrypted some files. Here is Carnival Corporation's ransomware and cyber incident statement, in full: On August 15, 2020, Carnival Corporation and Carnival plc (together, the "Company," "we," "us," or "our") detected a ransomware attack that accessed and encrypted a portion of one brand’s information technology systems.

article thumbnail

Cybersecurity for Nonprofits: Cost-Effective Defense Strategies

SecureWorld News

Remember, sometimes a little common sense goes a lot further than the fanciest encryption out there. Ransomware is another significant threat, where attackers encrypt an organization's data and demand payment for its release. These backups should be stored securely, ideally in a location separate from the primary data.

article thumbnail

After Springhill: Assessing the Impact of Ransomware Lawsuits

eSecurity Planet

The legal complaint [PDF] notes that on July 9, 2019, the day it was hit by a ransomware attack, Springhill Memorial Hospital contended that the event had “not affected patient care.” ” Cyber Insurance No Longer Reliable. Also read: Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs.

article thumbnail

Multiple schools hit by Vice Society ransomware attack

Malwarebytes

As we’ve seen recently, cyber insurance is no guarantee of avoiding a ransomware pitfall either with refusal of payout being decided in a court of law. Backup your data. Backups are the last line of defence against an attack that encrypts your data. ” Take the initiative.

article thumbnail

Discover 2022’s Nastiest Malware

Webroot

In other words, 2022 has been an eventful year in the threat landscape, with malware continuing to take center stage. As a result, many organizations are shifting away from cyber insurance and adopting layered defenses in an effort to achieve cyber resilience. The 6 Nastiest Malware of 2022. 2022 was no different.

Malware 61