CyberSecurity Insiders

AUGUST 17, 2022

While industry experts discourage paying ransoms for fear of encouraging this type of attack, many cities without reliable backup or backups that are encrypted are left with no option but to pay the ransom to get back up and running. The prevalence of portable devices again exacerbates cyber risks.

Government 109

Government Cyber Attacks Backups Risk 109

SecureWorld News

SEPTEMBER 3, 2023

We'll carefully walk you through a tested, systematic process for identifying, assessing, and managing cyber risks. You'll learn about the importance of thorough risk assessments, real-time threat intelligence, and effective incident response plans.

Cyber threats 104

Cyber threats Risk Cyber Risk Technology 104

eSecurity Planet

OCTOBER 15, 2024

Lack of Awareness Many small business owners remain unaware of the specific cyber risks targeting their businesses. Strong, unique passwords, password management tools, and multi-factor authentication (MFA) can significantly reduce this risk. Many small businesses overlook regular backups, risking permanent data loss.

Small Business 67

Small Business Cybersecurity Backups Firewall 67

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. Harmful, e.g., the deletion of files in the absence of data backup. For example, a scandal in mass media after a cyberattack was made public. Highly probable, e.g., a ransomware attack.

Risk 52

Risk Cybersecurity Cyber Risk Encryption 52

CyberSecurity Insiders

OCTOBER 23, 2021

The report provides an inside look at the insights and tools used by risk managers, IT departments, security researchers, and solution providers to hone their offerings and approaches to keeping organizations safe from evolving cyber threats. “By Media companies (publishers, TV networks, etc.) Ransomware claims and costs.

Insurance 59

Insurance Cyber Risk Technology Ransomware 59

Security Boulevard

JUNE 23, 2022

In just a few years, cyber has transformed from the nerd in the corner into the Kim Kardashian of risk. businesses can be built on, and destroyed by, cyber risk. For instance, the IBM X-Force Command Cyber Tactical Operation Center offers a training platform that can run full-scale simulations of cyber incidents.

Insurance 52

Insurance Cyber Risk CISO Cyber Insurance 52

Pen Test

OCTOBER 10, 2023

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.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

Spinone

DECEMBER 26, 2018

It is vital for any enterprise landscape to ensure viable, open, and reliable corporate communications – fostering innovation and economic prosperity, with respect to safeguarding against disruption and serious cyber risk perception. What are the benefits of cyber security awareness trainings?

Security Awareness 40

Security Awareness Risk Cyber threats Cyber Risk 40

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? First of all, what is a cyberattack?

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. Back up your data regularly.

Scams 59

Scams Cybersecurity Data breaches Phishing 59

Digital Shadows

NOVEMBER 1, 2022

With many companies improving their incident response and ability to restore services through the use of backups, it is possible that the intentional breach of data is actually the more impactful side of a double extortion attack; according to research from 2022, the average cost of a data breach was USD 4.35

Cyber threats 52

Cyber threats Ransomware Data breaches Media 52

SC Magazine

JULY 1, 2021

In health care, ransomware and data breaches frequently receive the most media attention. If I’m a CISO and I come to the board with a cyber risk that will cost $60,000, but the entity can self insure for a few million, it can simply absorb the risk costs rather than address the security issue.”.

Security Awareness 68

Security Awareness IoT Risk Healthcare 68

Spinone

JANUARY 12, 2019

However, organizations are leveraging the power of social media and other means of communication to provide highly effective real-time communication between employees. Such functionality as automated backups allow data to be protected in an automated fashion. No, typically, these types of activities are carefully planned.

Social Engineering 64

Social Engineering Technology Banking Engineering 64

Digital Shadows

NOVEMBER 26, 2024

No sector is safe from LummaC2, which casts a wide net across industries such as basic resources, construction, food and beverage, health care, industrial goods, media, and technology. GreyMatter DRP generates alerts that are categorized by risk type and provides context that can allow organizations to take proactive remediation responses.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

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. This isn’t just the media catastrophising.

Cyber Insurance 131

Cyber Insurance Insurance Marketing Cyber Risk 131

Thales Cloud Protection & Licensing

JUNE 14, 2022

In the past, this might have been a straightforward decision for companies with good backups and the ability to recover quickly. However, with many cyber-gangs pivoting to the theft of the data and extorting the victim with threat of release of that sensitive data, paying a ransom no longer minimizes the risk of future extortion.

Ransomware 71

Ransomware Government Media DNS 71

Security Boulevard

SEPTEMBER 13, 2021

The same research found that demands by cyber attackers are also increasing to as much as £31 million, which for businesses of any size, is detrimental for survival. In recent months, ransomware attacks have not left mainstream media headlines. The key to every disaster recovery plan is backups.

Ransomware 58

Ransomware Security Awareness Education Firewall 58

Adam Levin

MARCH 2, 2020

And it wasn’t because the media paid more attention to this relative newcomer in the area of cybercrime. Bear in mind that your data backups will be of no use if they are also encrypted by a ransomware attack, so keep them stored separately and offline.

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215