Krebs on Security
JULY 19, 2021
Browse the comments on virtually any story about a ransomware attack and you will almost surely encounter the view that the victim organization could have avoided paying their extortionists if only they’d had proper data backups. “It can be [that they] have 50 petabytes of backups … but it’s in a … facility 30 miles away.…
CyberSecurity Insiders
JANUARY 6, 2023
Many of these attacks took advantage of known vulnerabilities and security misconfigurations in storage and backup systems. And backup and storage systems are rife with unpatched CVEs. Similarly in cybersecurity, enterprises typically proof themselves up against last year’s strategies and attack vectors.
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Krebs on Security
AUGUST 29, 2019
PerCSoft , a Wisconsin-based company that manages a remote data backup service relied upon by hundreds of dental offices across the country, is struggling to restore access to client systems after falling victim to a ransomware attack. Cloud data and backup services are a prime target of cybercriminals who deploy ransomware.
Webroot
AUGUST 10, 2021
The issue at the heart of ransomware insurance will be familiar to most parents of young children: rewarding bad behavior only invites more of the same, so it’s generally not a good idea. But critics of the ransomware insurance industry argue that’s exactly what the practice does. So, if U.S.-based So far, few have.
CyberSecurity Insiders
JULY 12, 2022
A Ransomware called BazarCall seems to target Insurance agents and clients and so Insurance specialist CFC has issued a warning to the companies into similar business and operating across the globe to step-up their defense-line against malware attacks, by proactively taking adequate measures.
IT Security Guru
FEBRUARY 28, 2023
Cyber insurers are losing money. 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.
eSecurity Planet
SEPTEMBER 10, 2021
In a year where ransomware has raised the alert levels everywhere, the go-to answer from many is redundancy through offline, remote backups – but are they enough? Backups are a critical component of any enterprise cybersecurity posture, but they are not an airtight strategy. Why Are Backups Critical?
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