SecureWorld News

APRIL 23, 2025

They can also help with incident summarization and visualization as well as report generation to keep stakeholders informed during an ongoing incident. This is because humans generally don't retain information that doesn't directly impact them personally or professionally.

CISO 95

CISO Ransomware Backups Risk 95

Security Boulevard

JUNE 26, 2022

How Information Security Breaks The Classic IT Model. That $3.29, even with cyber insurance, is still a significant hit to the organization’s bottom line. How does information security fit into the producer/consumer model? In some cases, yes, information security does fit into this in several ways: a.

Information Security 98

Information Security Technology Marketing Data breaches 98

SecureWorld News

AUGUST 18, 2020

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. And if so, how much?

Cyber Insurance 98

Cyber Insurance Ransomware Insurance Technology 98

SecureWorld News

AUGUST 21, 2020

This data included employee and student information. The ISO assisted the college in restoring locally managed IT services and systems from backup copies. The University had servers encrypted but restored the systems and the access from backups. No central university IT systems were compromised by the attack on the college.".

Ransomware 96

Ransomware Cyber Insurance Insurance Backups 96

Malwarebytes

NOVEMBER 1, 2021

Sadly, there’s rarely discussion about the lengthy recovery, which, according to the Ransomware Task Force, can last an average of 287 days , or about the complicated matter that the biggest, claimed defense to ransomware attacks—backups—often fail. Your backups may not work. Or so he thought. “We

Ransomware 130

Ransomware Backups System Administration Cyber Insurance 130

Security Affairs

FEBRUARY 21, 2023

For those who have cyber insurance against ransomware attacks. Insurance companies require you to keep your insurance information secret, this is to never pay the maximum amount specified in the contract or to pay nothing at all, disrupting negotiations. Very important! reads the ransom note.

Insurance 98

Insurance Ransomware Cyber Insurance Malware 98

CyberSecurity Insiders

OCTOBER 20, 2021

He is now the Chief Information Officer for the City and County of San Francisco. The city did not have a cyber incident response team (CIRT), or well-defined plans for activating an incident response, or how to handle communication and escalation. Backup Strategy. Having a backup strategy is also critical. The Attack.

Ransomware 111

Ransomware Backups Insurance Cyber Insurance 111

SecureWorld News

MAY 2, 2025

Attackers are not only encrypting data but also engaging in "double extortion," stealing sensitive patient information to demand higher ransoms. Many healthcare providers now undergo annual security audits and risk assessments as required by regulators or cyber insurance providers.

Healthcare 92

Healthcare Marketing Cybersecurity CISO 92

SecureWorld News

SEPTEMBER 23, 2021

Within that, it's four categories: preparation, updates, protection, and backups. Cyber defense is about test, test, test.". Familiarize yourself and your organization with cyber insurance. And we want to partner with cyber insurance in order to share that information that will allow us to do that.

Ransomware 89

Ransomware Cyber Insurance Insurance Government 89

Webroot

SEPTEMBER 24, 2024

Having regular backups means you can recover without having to pay a ransom. For consumers: Keep personal backups of important files (photos, documents, etc.) If you receive a message, video, or email that seems suspicious—even if it looks real—double-check before sharing any information or clicking on a link.

Cyber threats 116

Cyber threats Small Business Scams Cybercrime 116

eSecurity Planet

OCTOBER 18, 2022

The best defense and the best option for recovery will always be the availability of sufficient, isolated data backups and a practiced restoration process. However, even with the best planning, organizations can find a few users, machines, or systems that were overlooked or whose backup may be corrupted or encrypted.

Ransomware 145

Ransomware Encryption Insurance Backups 145

SecureWorld News

JANUARY 21, 2024

Nonprofits often juggle tight budgets and unique operational demands, making it even more difficult to keep sensitive information safe—but here's the thing: you don't need a fortune to build a strong defense against the possible cyber threats out there. Battling cybersecurity threats can often feel like an uphill struggle.

Cybersecurity 104

Cybersecurity Backups Cyber threats Antivirus 104

SecureWorld News

SEPTEMBER 14, 2021

I’m tech-deficient but [know] enough to protect our information,” said the parent. 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.

Cyber Insurance 98

Cyber Insurance Ransomware Insurance Backups 98

SecureWorld News

MAY 18, 2021

This is what informs his perspective: "My role in practical terms is to be somewhat like the conductor of the symphony that comes in when there's this issue to work with cyber insurance providers, t o work with forensics firms, to work with PR firms, to work with data decryption negotiation firms, all of this. It's Friday.

Ransomware 90

Ransomware Backups Cyber Insurance Risk 90

Security Affairs

JUNE 18, 2024

In some cases, attackers are even leveraging the threat of regulatory actions or causing cyber insurance policies to be rendered moot by reporting lapses in security on the part of the victim to regulators and insurers. The indirect costs of ransomware attacks are often even more damaging.

Ransomware 143

Ransomware Cryptocurrency Insurance Cybercrime 143

eSecurity Planet

FEBRUARY 16, 2021

IMPORTANT INFORMATION !!! Attackers will inform the victim that their data is encrypted. Ransomware frequently contains extraction capabilities that can steal critical information like usernames and passwords, so stopping ransomware is serious business. Offline Backups. Anti-ransomware products. Ransomware response.

Ransomware 97

Ransomware Backups Software Encryption 97

Malwarebytes

JANUARY 15, 2023

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. These are all valuable components of a solid response strategy.

Ransomware 91

Ransomware Backups Education Cyber Insurance 91

Centraleyes

APRIL 24, 2025

Cyber Insurance with AI-Driven Risk Assessments (e.g., Coalition, Resilience)** How they help Cyber insurers now use AI models to assess an organization’s risk posture in real time, adjusting premiums based on proactive security measures.

Penetration Testing 52

Penetration Testing Cyber Insurance Insurance Risk 52

SecureWorld News

DECEMBER 2, 2020

However, the ransomware operators worked their way into some very valuable data and stole it: "We do believe that the attacker accessed certain parts of our corporate back-office systems, including some student and employee information on those systems, but it will take further time to determine the scope of the information accessed.".

Insurance 57

Insurance Cyber Insurance Ransomware Backups 57

eSecurity Planet

APRIL 6, 2023

Double extortion ransomware is an attack where the hackers exfiltrate the victim’s sensitive information and threaten to release it, gaining added leverage to force a victim to pay the ransom. If the victim doesn’t pay the ransom, the attackers resort to blackmail, threatening to publish the sensitive information online.

Ransomware 98

Ransomware Backups Encryption Malware 98

Malwarebytes

NOVEMBER 15, 2023

This article is based on research by Marcelo Rivero, Malwarebytes’ ransomware specialist, who monitors information published by ransomware gangs on their Dark Web sites. Create offsite, offline backups. Keep backups offsite and offline, beyond the reach of attackers. Don’t get attacked twice.

Ransomware 114

Ransomware Education Backups Cyber Insurance 114

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. This helps security teams make informed decisions on potential threats to their environments.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

Malwarebytes

DECEMBER 20, 2022

A little recovery time Don’t wait until ransomware is in your network and encrypting everything to ask if someone has a backup. Law enforcement, cyber insurance (if you have it), external security contractors may well be some of the first entities on your list. When an attack happens, who is contacted first?

Ransomware 95

Ransomware Backups Cyber Insurance Encryption 95

Malwarebytes

SEPTEMBER 30, 2022

The first is that they handle troves of sensitive data, especially personally identifiable information (PII) , and the second is that they operate on shoestring budgets with little to no cybersecurity staff or leadership buy-in. Take cyber insurance , for example. Related : Cyber threat hunting for SMBs: How MDR can help.

Government 67

Government Cybersecurity Cyber Insurance Insurance 67

CyberSecurity Insiders

OCTOBER 24, 2022

Specifically, the school attack targeted critical systems and “compromised the student information system used to take attendance, contact families in emergencies, and assure that students are picked up from school by authorized adults.” Cyber insurance. Make backups, and practice restoring from them. Conclusion.

Education 58

Education Cyber Attacks Cyber Insurance Insurance 58

Digital Shadows

OCTOBER 14, 2024

Employees must be aware of how attackers might manipulate them into revealing sensitive information or granting the attackers access to secure systems. However, given the increasing sophistication of these attack techniques, education alone isn’t always enough to prevent a cyber attack.

Ransomware 94

Ransomware Social Engineering Insurance Cyber Insurance 94

Thales Cloud Protection & Licensing

FEBRUARY 15, 2023

Ransomware attacks have become much more dangerous and have evolved beyond basic security defenses and business continuity techniques like next-gen antivirus and backups. Any organization that directly holds vast amounts of data or holds client, supplier, or partner information is vulnerable to double extortion attacks.

Ransomware 71

Ransomware Encryption Backups Cyber Insurance 71

NetSpi Executives

APRIL 27, 2024

Only about 20% of the ransomware tactics, techniques, and procedures (TTP) used by ransomware attackers are identified out-of-the-box by antivirus (AV), endpoint detection and response (EDR), and security information and event management (SIEM) tools. Some can’t afford not to pay, and some are covered by cyber insurance.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

Pen Test

OCTOBER 10, 2023

A particularly insidious new trend is the rise of "double extortion" attacks, in which cybercriminals not only encrypt an organization's data but also threaten to publicly release sensitive stolen information if the ransom is not paid. Keep backups completely isolated and air-gapped offline to prevent malware from infecting those too.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

Cytelligence

JANUARY 27, 2020

Effectiveness of data backup strategies. Unlocking – Organizations can either pay the ransom and hope for the cybercriminals to actually decrypt the affected files (which in many cases does not happen), or they can attempt a recovery by removing infected files and systems from the network and restoring data from clean backups.

Ransomware 53

Ransomware Cyber Insurance Insurance Encryption 53

Spinone

DECEMBER 8, 2016

They are also likely to have more digital assets than individual users and so the potential for profiting or gaining useful information is much higher. Additionally, many cyber liability insurance providers struggle to put a price on high-value company assets, or are reluctant to cover them in the first place.

Insurance 40

Insurance Small Business Backups Cyber Insurance 40

Malwarebytes

OCTOBER 19, 2022

Trojans like Emotet and Agent Tesla can infiltrate deep into your organization, silently stealing sensitive information, while ransomware like LockBit can bring your entire business to a sudden, grinding halt. Make offsite, offline backups. A muli-layered approach to cyber attack prevention.

Passwords 85

Passwords Ransomware Backups Cyber Insurance 85

Webroot

SEPTEMBER 27, 2024

Having regular backups means you can recover without having to pay a ransom. For consumers: Keep personal backups of important files (photos, documents, etc.) If you receive a message, video, or email that seems suspicious—even if it looks real—double-check before sharing any information or clicking on a link.

Cyber threats 59

Cyber threats Small Business Scams Cybercrime 59

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.”. It’s a balancing act.”AS.

Ransomware 82

Ransomware Backups Cyber Insurance Media 82

Thales Cloud Protection & Licensing

AUGUST 11, 2021

Cyber crooks are getting more sophisticated and IT professionals have tough times struggling to detect and block malicious interventions at early stages. Be it health care or information security, it reasonably attempts to take actions in advance. Ransomware incidents covered by cyber insurance policies.

Ransomware 71

Ransomware Insurance Encryption Cyber Insurance 71

Security Boulevard

JUNE 2, 2022

Prevent exfiltration of sensitive information with trust-based data loss prevention tools and policies to thwart double-extortion techniques. Prepare for the worst with cyber insurance, a data backup plan, and a response plan as part of your overall business continuity and disaster recovery program. Have a response plan.

Ransomware 105

Ransomware Architecture Manufacturing Encryption 105

Centraleyes

JUNE 11, 2024

Encrypt and securely store backups offsite to protect critical data from unauthorized access or tampering. Leverage Security Information and Event Management (SIEM) solutions, Endpoint Detection and Response (EDR) capabilities, and threat intelligence feeds to enhance detection and response capabilities.

Risk 52

Risk Cyber Insurance Insurance Authentication 52