IT Security Guru

FEBRUARY 28, 2023

Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.

Cyber Insurance 114

Cyber Insurance Insurance Marketing Cyber Risk 114

Spinone

JULY 16, 2020

Insufficient security measures may lead to a data breach, a situation of a company’s data being lost or stolen by hackers. As a result of a data breach, a business suffers severe damage, both financial and reputational. For example, your sensitive data might be stolen or altered.

Backups 98

Backups Accountability Data breaches Passwords 98

Thales Cloud Protection & Licensing

JUNE 15, 2023

Improved key management practices: With KMaaS, organizations can ensure that their keys are managed according to industry best practices, which helps minimize the risk of data breaches. Managing the encryption keys securely, KMaaS can help protect encryption and prevent unauthorized access to sensitive data.

Encryption 133

Encryption Data breaches Authentication Risk 133

Pen Test

OCTOBER 10, 2023

The Surge of Double Extortion Ransomware Attack s Ransomware attacks have become an increasingly severe threat to organizations around the world. The Evolution of Ransomware into Double Extortion Tactics The Basics of Ransomware Ransomware itself has been around for years.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

Spinone

OCTOBER 27, 2020

IBM’s “ 2019 Cost of a Data Breach Report ” details the costs that come from a data breach as a result of various cybersecurity risks. million Healthcare organizations for the 9th year in a row had the highest costs associated with data breaches – $6.45 Yes, they are.

Risk 52

Risk Cybersecurity Penetration Testing Data breaches 52

Security Affairs

NOVEMBER 14, 2022

As the risk of a cyberattack grows, it is pivotal to consider whether the directors of a company hit by a ransomware attack, for example, can bear any liability for negligence in failing to take steps to limit the risk. The size of the cyber risk to companies cannot be underestimated.

Cyber Risk 129

Cyber Risk Insurance Cyber Attacks Risk 129

SC Magazine

JULY 1, 2021

This creates a major gap in security awareness, considering the 65,000 ransomware attacks deployed in the U.S. in the last year and the continued rise in cyber events. In health care, ransomware and data breaches frequently receive the most media attention. Combatting health care’s greatest threats.

Security Awareness 68

Security Awareness IoT Risk Healthcare 68

Spinone

MAY 8, 2020

Coupled with the current pandemic and the cybersecurity threats that have been very prevalent and growing in recent years such as ransomware, there are many different cyber risk types n 2020 that your business needs to prepare for. What are the types of cyber security threats? A great example of this is ransomware.

Cyber Attacks 78

Cyber Attacks Phishing Backups Ransomware 78

BH Consulting

OCTOBER 28, 2021

In the spirit of empowering people and organisations to protect themselves from cyber risks, we’re going to look back at three of the main threats from the past year: ransomware , data breaches , and phishing. We’ll cover lessons to learn to prevent them from becoming risks to your business.

Scams 59

Scams Cybersecurity Data breaches Phishing 59

eSecurity Planet

APRIL 9, 2024

This framework guarantees that appropriate authentication measures, encryption techniques, data retention policies, and backup procedures are in place. Common threats include misconfigurations, cross-site scripting attacks, and data breaches. Internal actors also play a substantial role in cybersecurity breaches.

Risk 99

Risk Threat Detection Data breaches Encryption 99

Digital Shadows

NOVEMBER 1, 2022

Lockbit will continue to lead the pack Lockbit are currently the world’s most prolific ransomware group, which can be determined by looking at the activity levels on various groups’ data leak sites. Some cybercriminal groups have likely taken notice of this impact, moving to solely use data exfiltration as a medium for extortion.

Cyber threats 52

Cyber threats Ransomware Media Data breaches 52

Spinone

NOVEMBER 30, 2020

Types of cyber risks By probability: Unlikely, e.g., the infection with an old virus Likely, e.g., data breach through shadow IT. Highly probable, e.g., a ransomware attack. By impact on an organization: Non-harmful, e.g., the exposure of non-sensitive data to third-parties. By area of impact: 1.

Risk 52

Risk Cybersecurity Cyber Risk Encryption 52

Spinone

NOVEMBER 19, 2018

Let’s take a look at key insights on cybersecurity risks for CEOs and management teams. Understanding Cyber Risk Management Even if a CEO does not have a background in IT or experience with IT infrastructure in general, they must be aware of the risk and impact of cybersecurity or lack thereof on their business.

Risk 65

Risk Cybersecurity Technology Cyber Risk 65

Spinone

FEBRUARY 16, 2018

Cloud data protection technology has the capacity to deliver transformative change, and Spinbackup has continued to focus on helping its corporate customers adapt to the new digital world, which outlines new key cyber security challenges ahead for business leaders and cybersecurity professionals.

Backups 40

Backups Ransomware Cyber threats Education 40

Adam Levin

MARCH 2, 2020

You couldn’t go a week last year without seeing a ransomware headline in the news. Ransomware attacks on businesses skyrocketed 365 percent in 2019, and all signs point to more of the same in 2020. As bad as the ransomware scourge was for businesses, local governments arguably had it worse. What Is Ransomware?

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215