Malwarebytes

OCTOBER 19, 2022

There is no need for criminals to jimmy a lock if they can steal a key, and the keys to your kingdom are your users’ passwords. In theory , putting those keys out of reach is easy: You just need all your users to choose strong, unique passwords for every account they use, all the time. Make offsite, offline backups.

Passwords 67

Passwords Ransomware Backups Cyber Insurance 67

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 78

Ransomware Backups Cyber Insurance Encryption 78

eSecurity Planet

FEBRUARY 16, 2021

Ransomware frequently contains extraction capabilities that can steal critical information like usernames and passwords, so stopping ransomware is serious business. Offline Backups. While virtual backups are great, if you’re not storing data backups offline, you’re at risk of losing that data. Ransomware predictions.

Ransomware 97

Ransomware Backups Software Encryption 97

SC Magazine

JUNE 14, 2021

It actually almost matches up with maybe 70% or 80% of the clients that we’re supporting, who had almost identical attacks with an old credential, with a weak password on a VPN. Credential monitoring, password policy, [multi-factor authentication], are preventable problems. Sometimes they have the cyber insurance policy.

Ransomware 85

Ransomware Passwords VPN Cyber Insurance 85

NetSpi Executives

APRIL 27, 2024

terminal services, virtual private networks (VPNs), and remote desktops—often use weak passwords and do not require MFA. Attackers guess the passwords easily, find them in open source code repositories, or collect them via phishing. Some can’t afford not to pay, and some are covered by cyber insurance.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

SecureWorld News

AUGUST 21, 2020

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. It had cyber insurance: "The university’s cyber insurance policy paid part of the ransom, and the university covered the remainder.

Ransomware 79

Ransomware Cyber Insurance Insurance Backups 79

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.

Ransomware 52

Ransomware Backups Data breaches Encryption 52

SC Magazine

JUNE 21, 2021

Ransomware prevention starts with the smallest businesses developing a password policy and ends with complex geopolitical negotiations with countries that harbor ransomware criminals. Backups often fail as a solution because of multiple extortion vectors or technological issues.

Ransomware 118

Ransomware Insurance Government Cyber Insurance 118

SC Magazine

MAY 13, 2021

Despite the sensitivity of OT environments, many organizations use single-factor user names and passwords to access assets. In some cases, they use shared passwords. Are the backup and restore capabilities in place? Does the company have cyber insurance in place to pay a ransom? Segment the network.

Energy and Utilities 64

Energy and Utilities Ransomware Cyber Insurance Risk 64

Adam Levin

DECEMBER 27, 2019

We will also see better backup practices that will help minimize or neutralize the threat of these attacks. . Unfortunately, many are not secure because they are protected by nothing more than manufacturer default passwords readily available online. You’re going to have personal cyber insurance. The cloud will leak.

Cybersecurity 100

Cybersecurity CISO IoT Insurance 100

SecureWorld News

MAY 12, 2020

If the law firm had cyber insurance, the policy may cover part of a ransom payment. When Florida cities paid more than a million dollars to ransomware operators in 2019, insurance covered most of it. The company says we're not going to pay the ransom, or we've got the backups.

Ransomware 70

Ransomware Insurance Backups Passwords 70