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Ransomware: Number One Cyber Insurance Claim

SecureWorld News

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. These industries include consumer businesses, healthcare, and financial services.

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After Springhill: Assessing the Impact of Ransomware Lawsuits

eSecurity Planet

“From a technological standpoint this is a fairly old case, so whatever was in place then probably isn’t relevant to what needs to be in place today – but it does tie together the absolute gravity of the situation that we’re in,” Crockett said. .” ” Cyber Insurance No Longer Reliable.

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School Cyberattack Aftermath: What Happens to Kids' Data?

SecureWorld News

Bad actors are always looking for ways to garner information and they have access to advanced technology. They followed the FBI’s advice to not pay the hackers and restored their system from backups they had kept for such an emergency. I’m tech-deficient but [know] enough to protect our information,” said the parent.

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Ransomware Protection in 2021

eSecurity Planet

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 Prevention, Detection, and Simulation

NetSpi Executives

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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How to Recover From a Ransomware Attack

eSecurity Planet

An organization must: Prepare a good backup policy and procedure. This is particularly true of server protection, where, as Symantec Endpoint Security VP and General Manager Adam Bromwich notes, “traditionally IT has not turned on all the protection technologies available to them. Simple Ransomware Recovery. Ransomware Security.

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The Surge of Double Extortion Ransomware Attacks

Pen Test

Sopra Steria - One of the Largest Reported Ransoms Europe's major IT services firm Sopra Steria was breached in October 2020 by the Ryuk gang, with extensive backups preventing major disruption. Keep backups completely isolated and air-gapped offline to prevent malware from infecting those too. Use immutable object storage for backups.