eSecurity Planet

FEBRUARY 16, 2021

With vulnerabilities rooted in unsuspecting users, the task of preventing these attacks means both staff training and a robust email and network security system that includes a strong backup program so you have a recent copy of your data that you can roll back to. Offline Backups. Screenshot example. Zero Trust. Ransomware predictions.

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CyberSecurity Insiders

OCTOBER 24, 2022

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. That layered approach to security is critical, as creating additional barriers can frustrate and repel lower-level hacking groups looking for easy money.

Education 58

Education Cyber Attacks Cyber Insurance Insurance 58

Security Boulevard

MAY 17, 2023

Despite investing significant resources in cybersecurity, companies are still being hacked. Before COVID a lot of businesses just bought cyber insurance instead of actually implementing security. You got hacked, you’re sort of just paid, your insurance covered it. Omar, welcome to Data Protection Gumbo.

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Hacking Insurance Small Business Cybersecurity 52

Digital Shadows

OCTOBER 14, 2024

RansomHub, now the most active ransomware group, has significantly upped its game by teaming up with the hacking group “ Scattered Spider.” English-speaking countries, particularly the US, UK, Canada, and Australia, have well-developed insurance markets and higher cybersecurity awareness, resulting in higher ransomware insurance adoption.

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Ransomware Social Engineering Insurance Cyber Insurance 94

NetSpi Executives

APRIL 27, 2024

Ransomware, a definition Ransomware is a set of malware technologies, hacking techniques, and social engineering tactics that cybercriminals use to cause harm, breach data, and render data unusable. Hunt and destroy or encrypt backups hosted in local and cloud networks as well as virtual machine snapshots. Protect your backup systems.

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Ransomware Cyber Insurance Backups Insurance 52

Security Boulevard

JUNE 26, 2022

That $3.29, even with cyber insurance, is still a significant hit to the organization’s bottom line. Number of endpoints that require backup for compliance. IBM’s annual Cost of a Data Breach study revealed a single data breach could cost a company up to $3.29 The number of endpoints required to have EDR/XDR security.

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Information Security Technology Marketing Data breaches 98

SC Magazine

JUNE 14, 2021

I think people are going to be suprised to hear your preference would be to keep people from getting hacked. Sometimes they have the cyber insurance policy. Ransomware negotiations are sometimes portrayed as a money-making racket. For us it’s not a profit center. We just sort of found ourselves in the middle of it.

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Ransomware Passwords VPN Cyber Insurance 85

eSecurity Planet

OCTOBER 18, 2021

.” And when Teiranni Kidd checked into Springhill to give birth one week after the attack, the complaint alleges, she “was not told that the hospital’s computer systems had been hacked, that they were not operating as needed, and that patient safety was implicated and could be comprised.” Prioritize Best Practices.

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Ransomware Cyber Insurance Insurance Digital transformation 104

ForAllSecure

MAY 30, 2023

It’s about challenging our expectations about the people who hack for a living. Obviously, organizations gotten smart to that and they started doing offline backups securing their backups differently, so that they would continue to have access and availability. By no means. VAMOSI: Should you pay?

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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.

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Cyber Risk Risk Cyber Insurance Small Business 119

Adam Levin

DECEMBER 27, 2019

We will also see better backup practices that will help minimize or neutralize the threat of these attacks. . You’re going to have personal cyber insurance. Insurance companies will be writing more comprehensive cyber liability policies for businesses and offering innovative personal cyber coverage for consumers.

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Krebs on Security

MARCH 4, 2022

On an average day, Conti had access to tens of thousands of hacked PCs, and these services helped the gang focus solely on infected systems thought to be situated within large corporate networks. For now, take a look at the documents and see if there is insurance and bank statements.” Hopefully, they will understand.

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Ransomware Insurance Cyber Insurance Accountability 246

Adam Levin

MARCH 2, 2020

Your Cliffs Notes version: Put yourself in a position where you can’t be affected by such a hack. 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.

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Cyber threats Ransomware Encryption Insurance 215