SecureWorld News

JANUARY 21, 2024

The costs of recovering from such incidents, especially for smaller organizations without cyber insurance, can be devastating. Having basic cyber hygiene Advanced technology is important, but basics like regular data backups, software updates, strong password policies, and multi-factor authentication are fundamental.

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Malwarebytes

NOVEMBER 15, 2023

Create a plan for patching vulnerabilities in internet-facing systems quickly; and disable or harden remote access like RDP and VPNs. Create offsite, offline backups. Keep backups offsite and offline, beyond the reach of attackers. Their activity, though limited, includes a notable attack on a UK school. Prevent intrusions.

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SecureWorld News

DECEMBER 2, 2020

We carry insurance, including cyber insurance, which we believe to be commensurate with our size and the nature of our operations. Which of the ransomware gangs or groups hit K12 Inc and its network in this cyber attack? Number one, we're going to want to think about the viability of the backups? How old are they?

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CyberSecurity Insiders

OCTOBER 24, 2022

Attackers distribute this ransomware as an email attachment or try to exploit vulnerabilities in web browsers and other services exposed to the internet. 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.

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Education Cyber Attacks Cyber Insurance Insurance 58

Malwarebytes

SEPTEMBER 30, 2022

Take cyber insurance , for example. Cyber insurance can prevent local governments from having to pay huge out of pocket costs in the event that they’re hit with a cyberattack. End use of unsupported/end of life software and hardware that are accessible from the Internet. Baltimore learned this the hard way.

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Digital Shadows

JANUARY 14, 2025

To gain access to internal networks, Akira targeted local accounts with disabled multifactor authentication (MFA) and SonicOS firmware versions vulnerable to exploitation, often exposed to the internet for virtual private network (VPN) access. When left unpatched, they become appealing targets to ransomware groups.

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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. Moreover, RDP ports are often exposed to the internet, which allows threat actors to easily scan for open ports and launch brute-force attacks.

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Cyber Attacks Phishing Ransomware Cyber Insurance 59

Security Boulevard

JUNE 2, 2022

Here are some best practices recommendations to safeguard your organization against ransomware: Get your applications off of the internet. The more applications you have published to the internet, the easier you are to attack. Use a zero trust architecture to secure internal applications, making them invisible to attackers.

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Digital Shadows

OCTOBER 14, 2024

RansomHub typically gains initial access into networks by exploiting internet-facing applications like virtual private networks (VPNs), abusing valid credentials, and conducting social engineering attacks. However, some cyber insurance policies explicitly forbid ransom payments.

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Ransomware Social Engineering Insurance Cyber Insurance 94

Malwarebytes

OCTOBER 19, 2022

All RDP connections accessible from the Internet are found within hours of going live, and spend their lives being probed relentlessly by multiple malicious computer programs looking to guess their passwords. Make offsite, offline backups. A muli-layered approach to cyber attack prevention.

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Passwords Ransomware Backups Cyber Insurance 88

NetSpi Executives

APRIL 27, 2024

An attacker can easily scan the internet for websites that haven’t patched a vulnerability for which the attacker has an exploit. In addition to encrypting data and holding it hostage, ransomware attackers also upload valuable data to other systems on the internet. Some can’t afford not to pay, and some are covered by cyber insurance.

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Spinone

OCTOBER 13, 2020

As is often the case, the cost of restoring files from backups can amount to more than paying the ransom. Between the initial damage inflicted on your data, the threat of data leak to the Internet, and the loss of business as a result of damaged customer confidence, the net effect on your business can be major.

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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. Moreover, RDP ports are often exposed to the internet, which allows threat actors to easily scan for open ports and launch brute-force attacks.

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Cyber Attacks Phishing Ransomware Cyber 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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Cisco Security

MARCH 22, 2022

Backup all critical data at least daily. Cyber insurance is not the answer! Build for Cyber resiliency – it offers the best chance for achieving mission and business goals in the face of increasing sophisticated cyber attacks. Build out a Zero Trust Architecture (ZTA), and adopt a “Zero Trust or Bust”.

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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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Krebs on Security

MARCH 4, 2022

For example, it subscribed to numerous services that can help determine who or what is behind a specific Internet Protocol (IP) address, or whether a given IP is tied to a known virtual private networking (VPN) service. For now, take a look at the documents and see if there is insurance and bank statements.”

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