SecureWorld News

SEPTEMBER 10, 2020

Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. The number one type of cyber incident so far this year is ransomware.

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Cyber Insurance Insurance Ransomware Cyber Attacks 56

eSecurity Planet

FEBRUARY 16, 2021

A ransomware attack is about as bad as a cyber attack can get. It can shut down your business – in the case of healthcare organizations that can be life-threatening for patients – damage your reputation with customers and employees, and invite further attacks as cybercriminals view your organization as an easy mark. Offline Backups.

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Ransomware Backups Software Encryption 97

NetSpi Executives

APRIL 27, 2024

Attackers guess the passwords easily, find them in open source code repositories, or collect them via phishing. Hunt and destroy or encrypt backups hosted in local and cloud networks as well as virtual machine snapshots. Some can’t afford not to pay, and some are covered by cyber insurance. Protect your backup systems.

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Ransomware Cyber Insurance Backups Insurance 52

eSecurity Planet

OCTOBER 5, 2021

An organization must: Prepare a good backup policy and procedure. Paying for internal assessments and penetration tests by a third party can provide fresh thinking and a level of assurance for stakeholders such as customers, the board of directors, and the insurance company that wrote our cyber insurance policy.

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eSecurity Planet

APRIL 6, 2023

Whether deployed by ransomware groups or individuals via ransomware as a service (RaaS) , the most common method of ransomware deployment is a phishing email. Cyber criminals have learned that it is not only businesses that make soft targets for the attacks. There are several methods of delivering ransomware attacks.

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Ransomware Backups Encryption Cybersecurity 93

Spinone

OCTOBER 13, 2020

As is often the case, the cost of restoring files from backups can amount to more than paying the ransom. Backups aren’t working. Restoring from backup is certainly preferable to paying the bad guys for the damage they have inflicted. Ransomware today can actually look for backup files along with user data.

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Ransomware Backups Data breaches Encryption 52