CyberSecurity Insiders

SEPTEMBER 20, 2021

Encryption and data backup. Data encryption is a protection strategy that renders data useless even when an intruder accesses it. Encrypting all your company’s sensitive data and private information ensures that it’s protected from data breaches. Invest in cybersecurity insurance.

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Spinone

DECEMBER 8, 2016

This can also be one of the reasons behind insufficient security practices with many businesses not realising the full effect of a data breach or ransomware attack until it is too late. What is G Suite Security Insurance? There are many G Suite security risks. What’s the Best Way to Safeguard Data?

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SecureWorld News

JANUARY 21, 2024

Phishing attacks, for instance, are extremely common: these are deceptive emails or messages designed to steal data. Ransomware is another significant threat, where attackers encrypt an organization's data and demand payment for its release. These backups should be stored securely, ideally in a location separate from the primary data.

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Cybersecurity Backups Cyber threats Software 93

Malwarebytes

FEBRUARY 19, 2023

Ransomware On February 16, 2023, MKS filed notice of a data breach after learning of the ransomware attack that resulted in sensitive employee information being made accessible to an unauthorized party. Create offsite, offline backups. Keep backups offsite and offline, beyond the reach of attackers.

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Ransomware Backups Manufacturing Marketing 89

SecureWorld News

AUGUST 18, 2020

Securities and Exchange Commission, notifying the SEC of the data breach. Hackers exfiltrated (removed) some data. Ransomware attacks: another argument for cyber insurance? Business interruption, loss of revenue and reputational damages are all financial burdens that cyber insurance can provide relief for.

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Cyber Insurance Ransomware Insurance Technology 87

Spinone

NOVEMBER 20, 2018

In traditional on-site backup systems security is mainly a physical concern – ensuring data is backed up in more than one location in case of hardware loss or failure and restricting access to the physical backup media to only trusted employees. In cloud backup, security concerns are different.

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Backups Encryption Computers and Electronics Accountability 40

eSecurity Planet

DECEMBER 9, 2021

We make IT, security, or any business decision by weighing the risks and the rewards. Unfortunately for those of us indulging in wishful thinking, the likelihood and costs of data breaches continue to increase. The Ponemon Institute estimates that data breach costs rose to an average cost of $4.24

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Malwarebytes

JANUARY 15, 2023

There’s no word if any of the schools affected paid the ransom and had their data leaked anyway, or if the ransomware gang stuck to its word and “only” leaked in cases of non-payment. Backup your data. Backups are the last line of defence against an attack that encrypts your data.

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SecureWorld News

JUNE 30, 2021

However, as a result of the Data Breach, both the past lab results and future lab orders that Rubenstein had through July 2021 were inaccessible to him. Rubenstein altogether missed a regularly scheduled bone marrow biopsy in May 2021 due to the Data Breach and its resultant online network failure.

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Ransomware Data breaches Healthcare Identity Theft 57

SecureWorld News

JUNE 30, 2021

However, as a result of the Data Breach, both the past lab results and future lab orders that Rubenstein had through July 2021 were inaccessible to him. Rubenstein altogether missed a regularly scheduled bone marrow biopsy in May 2021 due to the Data Breach and its resultant online network failure.

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Ransomware Data breaches Healthcare Identity Theft 54

Security Affairs

OCTOBER 8, 2020

Cybersecurity researchers from Cyble have found a threat actor sharing leaked data of Airlink International UAE for free on two platforms on the dark web. The availability of the data on the dark web could pose organizations to serious risk, threat actors could use this data to carry out multiple malicious attacks.

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CyberSecurity Insiders

JUNE 29, 2023

Similarly, encrypting data while in motion guarantees that it is safe while being sent between different systems or to other parties. Planning for disaster recovery and routine data backup: Healthcare businesses may suffer severe consequences due to data loss or system malfunctions.

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Healthcare Encryption Software Architecture 52

Malwarebytes

SEPTEMBER 30, 2022

And a key part of building out any cybersecurity policy for your local government is to develop an organizational understanding of risk to systems, people, data, and so on. Take cyber insurance , for example. Also delivered free of charge by the NCATS team. Adopt the fundamentals. Baltimore learned this the hard way. (An

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SecureWorld News

DECEMBER 14, 2021

I'm kicking myself for not doing my own daily data backups. To lose access to all of our prior pay period data (bank file due this Wed), and all access to future pay periods, without notice, at year end, is an epic disaster, apparently without a business continuity plan!". Any idea if our data is compromised or lost?

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Ransomware Backups Insurance Firewall 84

Thales Cloud Protection & Licensing

JUNE 15, 2023

The importance and benefits of KMaaS Using Key Management as a Service is important for data security because it allows organizations to manage their encryption keys consistently in a secure and scalable way. The benefits of using KMaaS for data security include: 1. Compliance is the foundation to effective data security.

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Encryption Data breaches Authentication Risk 133

CyberSecurity Insiders

JULY 19, 2022

PFC said in some cases, SSNs and information about health insurance and medical treatment were also stolen. This attack was a result of an unauthorized third party using sophisticated ransomware to gain access and disable internal computer systems to retrieve personal data. “In Neil Jones, director of cybersecurity evangelism, Egnyte.

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Healthcare Encryption Ransomware Penetration Testing 105

Centraleyes

MARCH 19, 2024

Critical considerations include assessing business recovery risks, ensuring employee safety, and mitigating financial losses. Accelerating a multi-cloud strategy adds layers of resilience, allowing organizations to mitigate downtime risks and scale services based on demand.

Risk 52

Risk Backups Technology Cyber threats 52

Spinone

APRIL 30, 2020

Keeping your data secure is not a piece of cake these days. With all the data breaches happening every second, no wonder it is expected that yearly worldwide spending on cybersecurity will have reached over $133.7 The situation puts us in a position where we can’t afford to be ignorant about data security any more.

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Backups Encryption Ransomware Antivirus 78

Thales Cloud Protection & Licensing

FEBRUARY 15, 2023

Ransomware attacks have become much more dangerous and have evolved beyond basic security defenses and business continuity techniques like next-gen antivirus and backups. The problem is that businesses are not yet aware of double or triple extortion ransomware and how these tactics can affect their data protection strategies.

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Ransomware Encryption Backups Cyber Insurance 71

Spinone

MAY 22, 2020

However, the risks to your business for not implementing effective cybersecurity are far too grave to ignore. Let’s take for example getting attacked due to a cybersecurity breach. Read also: The Cost of Data Breach: Calculate the ROI of Backup How Much Does Cybersecurity Cost? Why is cybersecurity so costly?

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Cybersecurity Data breaches Ransomware Financial Services 52

Security Boulevard

MARCH 31, 2021

implement offline storage and tape-based backup. The Microsoft Exchange hack: Microsoft Probes Whether Leak Played Role in Suspected Chinese Hack - The risks and rewards of sharing bug intel. Banks and Insurers to Face Tough Cyber Stress Tests under Bank of England Plan. conduct employee phishing tests. All very sound advice.

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Energy and Utilities Ransomware Banking Hacking 122

SC Magazine

JULY 1, 2021

But even advanced tools can’t tell you who owns it – or what it means to the organization in terms of risk.”. Sehgal noted there’s also an imbalance in terms of understanding the risk devices pose to the enterprise itself, as well as overall patient safety and clinical risks. And there are many tools that can accomplish that.

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Security Awareness IoT Risk Healthcare 68

Joseph Steinberg

JANUARY 18, 2024

By safeguarding sensitive data, businesses not only protect themselves and their customers but also build trust and credibility in the eyes of clients, partners, and regulatory bodies. Mitigating Financial Risks Cybersecurity is an integral part of risk management for businesses.

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Cybersecurity Education Cyber Attacks Risk 169

Joseph Steinberg

JANUARY 18, 2024

By safeguarding sensitive data, businesses not only protect themselves and their customers but also build trust and credibility in the eyes of clients, partners, and regulatory bodies. Mitigating Financial Risks Cybersecurity is an integral part of risk management for businesses.

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Cybersecurity Education Cyber Attacks Risk 161

Pen Test

OCTOBER 10, 2023

Double extortion introduces catastrophic risks of data breach and loss of customer trust if sensitive information gets leaked publicly. Even just the notification of a data breach can harm an organization's reputation and bottom line. However, the attackers threatened to leak terabytes of data if not paid.

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Ransomware Backups Insurance Cyber Insurance 52

Security Affairs

NOVEMBER 14, 2022

Are the directors of a company hit by a cyberattack liable for negligence in failing to take steps to limit the risk. 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.

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Cyber Risk Insurance Cyber Attacks Risk 117

Centraleyes

JANUARY 14, 2024

However, every partnership you make introduces a degree of risk that must be accounted for. Examples include: Privacy concerns Digital security Business continuity Regulatory compliance Physical security Risk is a hot topic in the business sector. We’ll discuss the details of vendor risk and the ways we can address it.

Risk 52

Risk Cybersecurity Government 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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Ransomware Backups Insurance Cyber Insurance 131

Spinone

APRIL 7, 2020

Cloud security compliance is a serious challenge, especially when it comes to protecting sensitive data in healthcare. That leads organizations to look for HIPAA compliant cloud backup , antivirus, or data protection software to ensure the safety of vital information. Are Native G Suite/Office 365 Backup Options Enough?

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Backups Healthcare Encryption Data breaches 80

SecureWorld News

SEPTEMBER 27, 2020

The days where victims could simply pay ransom for an encryption key, unscramble their data, and move on are ending. Now that some companies have managed to avoid paying ransom by restoring from backup, the gangs have upped their game. Bitcoin dramatically illustrates this axiom. deploy back-ups and the like); Be thoughtful (e.g.

Ransomware 66

Ransomware Cryptocurrency Computers and Electronics Banking 66

Spinone

NOVEMBER 30, 2020

What is cybersecurity risk? Cybersecurity risk is a negative outcome that an organization may endure in the event of a cyber incident occurrence in its digital ecosystem. Types of cyber risks By probability: Unlikely, e.g., the infection with an old virus Likely, e.g., data breach through shadow IT. Architectural.

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Risk Cybersecurity Cyber Risk Encryption 52

eSecurity Planet

DECEMBER 7, 2023

Compliance Many compliance standards require some form of encryption for data at rest and many also specify requirements for the transmission of data. For example, The Health Insurance Portability and Accountability Act (HIPAA) requires security features such as encryption to protect patients’ health information.

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Encryption Passwords IoT Firewall 113

Spinone

OCTOBER 13, 2020

Whether it is synchronized files from on-premises to cloud environments or the risk of encryption of cloud email, ransomware is a real threat to your data. As is often the case, the cost of restoring files from backups can amount to more than paying the ransom. Backups aren’t working.

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Security Boulevard

JUNE 26, 2022

Cost of Breach Could Be Greater Than The Expected Cost Savings. IBM’s annual Cost of a Data Breach study revealed a single data breach could cost a company up to $3.29 That $3.29, even with cyber insurance, is still a significant hit to the organization’s bottom line. Updating the composite risk scoring.

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Information Security Technology Marketing Cyber Insurance 98

Krebs on Security

DECEMBER 13, 2021

For example, it is unclear how much data would have been unrecoverable if a decryption key had not become available as the HSE’s backup infrastructure was only periodically backed up to offline tape. And if you can’t do that, you run the serious risk of having a small incident metastasize into a much larger problem.

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Healthcare Ransomware Antivirus Software 263

Security Boulevard

APRIL 9, 2021

Prestigious healthcare systems continue to be at risk for the next devastating ransomware attack or data breach. Defending against attacks while staying compliant with patient and data security regulations is difficult, but not impossible if you have the right security tools deployed. Medical Devices: A Necessary Risk?

Healthcare 72

Healthcare Ransomware Risk VPN 72

Spinone

JULY 8, 2020

An extremely important compliance regulation today is the Health Insurance Portability and Accountability Act (HIPAA). What is the Health Insurance Portability and Accountability Act (HIPAA)? What is the Health Insurance Portability and Accountability Act (HIPAA)? What is HIPAA?

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Encryption Backups Accountability Ransomware 52