eSecurity Planet

OCTOBER 18, 2022

The best defense and the best option for recovery will always be the availability of sufficient, isolated data backups and a practiced restoration process. However, even with the best planning, organizations can find a few users, machines, or systems that were overlooked or whose backup may be corrupted or encrypted.

Ransomware 144

Ransomware Encryption Insurance Backups 144

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.

Backups 40

Backups Encryption Computers and Electronics Accountability 40

SecureWorld News

SEPTEMBER 5, 2023

In a recent revelation, security researcher Jeremiah Fowler uncovered a significant data leak affecting one of the United States' largest health insurance companies, Cigna Health. The exposed database offered a unique glimpse into the operations of Cigna Health, one of the nation's largest health insurance providers.

Backups 87

Backups Insurance Healthcare Data breaches 87

Krebs on Security

DECEMBER 8, 2022

First spotted in mid-August 2022 , Venus is known for hacking into victims’ publicly-exposed Remote Desktop services to encrypt Windows devices. Tripwire’s tips for all organizations on avoiding ransomware attacks include: Making secure offsite backups. Encrypting sensitive data wherever possible. ” .

Healthcare 257

Healthcare Backups Ransomware Insurance 257

Schneier on Security

FEBRUARY 28, 2024

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.

Cyber Insurance 230

Cyber Insurance Insurance Government Cyber Risk 230

Krebs on Security

DECEMBER 7, 2019

based Complete Technology Solutions (CTS), was hacked, allowing a potent strain of ransomware known as “Sodinokibi” or “rEvil” to be installed on computers at more than 100 dentistry businesses that rely on the company for a range of services — including network security, data backup and voice-over-IP phone service.

Ransomware 227

Ransomware Backups Insurance Wireless 227

eSecurity Planet

JULY 12, 2022

Screens then started to display a ransom demand, which said files had been encrypted by the NetWalker ransomware virus. Cyber Insurer Provides Help. As Spectra Logic had the foresight to take out cyber insurance , Chubb representatives were professional and helpful, according to Mendoza. The ransom demand was $3.6

Ransomware 144

Ransomware Cyber Insurance Backups Insurance 144

CyberSecurity Insiders

JUNE 3, 2022

Healthcare providers are opting to pay a ransom in the event of ransomware attacks, instead of recovering it from data backups. The reason is as it is easy and guarantees 100% encrypted data return- Of course, as per their perspective!

Healthcare 120

Healthcare Ransomware Insurance Backups 120

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.

Cybersecurity 121

Cybersecurity Insurance Passwords Encryption 121

Thales Cloud Protection & Licensing

MAY 9, 2022

While implementation of security technologies such as multi-factor authentication and encryption have slightly increased, we have not yet reached the level where the majority of applications, data and operational technology are fully protected. Cyber insurance coverage ramps up. Encrypt sensitive data at rest, in motion and in use.

Cyber Insurance 71

Cyber Insurance Insurance Backups Ransomware 71

CyberSecurity Insiders

FEBRUARY 16, 2021

Third, this news is related to French health insurance company MNH that was hit by RansomExx, a spin-off version of Defray777 Ransomware. MNH has cleared the air that it will not bow down to the demands of hackers and will instead rely on the backup systems to recover the encrypted data.

Cyber Attacks 144

Cyber Attacks Insurance Backups Encryption 144

Malwarebytes

NOVEMBER 12, 2021

The idea is that if the original file is damaged, breaks, is stolen , or suffers any other problem, then the backups survive the issue. Where do we put our backups? One of the most important backup stumbling blocks is figuring out where to place the files being copied. Do people backup their backups?

Backups 124

Backups Ransomware Mobile Insurance 124

CyberSecurity Insiders

JUNE 1, 2023

Enzo Biochem, renowned for its bacterial disease detection capabilities, has confirmed the breach in its SEC filing, expressing concerns that employee data may have also been accessed by the malicious actors behind the file-encrypting malware.

Ransomware 107

Ransomware Healthcare Insurance Backups 107

CyberSecurity Insiders

FEBRUARY 21, 2022

And news is out that the file encrypting malware gang also chose to prove their stance by offering a 246 MB file that represented 2% of stolen data. And news is out that the file encrypting malware gang also chose to prove their stance by offering a 246 MB file that represented 2% of stolen data.

Ransomware 124

Ransomware Insurance Backups Encryption 124

Security Affairs

AUGUST 21, 2020

The University was able to recover the operations from the backups, but decided to pay the ransom to avoid having ransomware operators leak student information online. ” According to the University, the ransomware encrypted only 0.02% of the data stored on its servers. ” continues the statement.

Ransomware 144

Ransomware Cyber Insurance Insurance Advertising 144

Malwarebytes

APRIL 24, 2023

Upon extraction, the document installs the Qakbot banking trojan to create backdoor access and deploy SystemBC, which sets up an encrypted connection to a command and control server. After the data is copied, the ransomware encrypts files with the ".basta" Stop malicious encryption. Create offsite, offline backups.

Ransomware 76

Ransomware Insurance Backups Encryption 76

Malwarebytes

MARCH 26, 2023

When asked if it can recover the disruption cost through supplier recovery or insurance coverage, CEO Rory Byrne said , "I suppose the simple answer on that is no we don't expect to recover on either of those categories." Byrne adds that getting insurance in North America now is "prohibitive." Stop malicious encryption.

Ransomware 73

Ransomware Insurance Backups Media 73

eSecurity Planet

JULY 8, 2022

But it also requires software to orchestrate data movement, backup and restore technology to ensure a current copy of data is available, and the ability to recover systems and data rapidly. This type of backup and DR technology offers RPOs measured in hours. See the Best Backup Solutions for Ransomware Protection.

Backups 139

Backups Ransomware Technology Marketing 139

Krebs on Security

MARCH 2, 2021

based PrismHR handles everything from payroll processing and human resources to health insurance and tax forms for hundreds of “professional employer organizations” (PEOs) that serve more than two million employees. Hopkinton, Mass.-based PrismHR has not yet responded to requests for comment.

Ransomware 291

Ransomware Small Business Insurance Software 291

eSecurity Planet

JUNE 16, 2022

Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 In May, cybersecurity researchers revealed that ransomware attacks are increasing their aggressive approach by destroying data instead of encrypting it.

Backups 145

Backups Ransomware Firewall Malware 145

CyberSecurity Insiders

OCTOBER 20, 2021

The only saving grace was that the city had invested in both on-premise and cloud backups. When trying to log on to their computers, users were getting a message saying the systems had been encrypted with Ransom.Robinhood ransomware. Backup Strategy. Having a backup strategy is also critical. Still, it cost U.S. $18

Ransomware 111

Ransomware Backups Insurance Cyber Insurance 111

eSecurity Planet

OCTOBER 5, 2021

Data backup. The first is high-integrity, air-gapped data backups , which is the quickest and cheapest way to recover from an attack. The focus is on recovering deleted and encrypted files as quickly as possible. Also offers virtual disk repair, database repair, backup file repair, deleted file recovery. Proven Data.

Ransomware 139

Ransomware Backups Encryption Insurance 139

Security Affairs

JULY 5, 2021

The company uses air-gapped networks and was able to restore encrypted files from backups. The company is going to offer affected people five years of credit monitoring with $1,000,000 in identity theft insurance at no cost. Follow me on Twitter: @securityaffairs and Facebook. Pierluigi Paganini.

Ransomware 119

Ransomware Identity Theft Insurance Backups 119

Spinone

APRIL 28, 2015

Let’s discover how cloud-to-cloud backup enables you to protect against TeslaCrypt virus and explore the Spinbackup Ransomware protection solution. The main reason why TeslaCrypt Ransomware encrypts files is to extort money from computer users. The only solution that helps you to avoid this problem is cloud-to-cloud backup.

Backups 40

Backups Ransomware Encryption Insurance 40

SecureWorld News

JANUARY 21, 2024

Remember, sometimes a little common sense goes a lot further than the fanciest encryption out there. 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.

Cybersecurity 86

Cybersecurity Backups Cyber threats Software 86

Security Affairs

JANUARY 10, 2020

According to the experts, the ransomware encrypted files on the authority’s servers and its backup servers. From there, the virus spread to the authority’s servers and backup servers, encrypting files.” From there, the virus spread to the authority’s servers and backup servers, encrypting files.”

Ransomware 68

Ransomware Insurance VPN Backups 68

Malwarebytes

JULY 24, 2023

“Fortunately, TGH’s monitoring systems and experienced technology professionals effectively prevented encryption, which would have significantly interrupted the hospital’s ability to provide care for patients.” Stop malicious encryption. Create offsite, offline backups.

Ransomware 88

Ransomware Computers and Electronics Passwords Identity Theft 88

Thales Cloud Protection & Licensing

JUNE 15, 2023

The most effective way to ensure data security is through encryption and proper key management. Key Management as a Service (KMaaS) allows companies to manage encryption keys more effectively through a cloud-based solution instead of running the service on physical, on-premises hardware.

Encryption 133

Encryption Data breaches Authentication Risk 133

CyberSecurity Insiders

SEPTEMBER 29, 2021

NCSC, ICO and the insurers of GiantPay are aware of the incident and are working closely with the company in finding who is behind the attack. Although Giant Screening and Giant Finance+ services remain unaffected, sources report that the backend servers recording the backup information were partially disrupted in the incident.

Cyber Attacks 128

Cyber Attacks Insurance DDOS Backups 128

eSecurity Planet

FEBRUARY 16, 2021

All of your files are encrypted with RSA-2048 and AES-128 ciphers.” ” Or you might see a readme.txt stating, “Your files have been replaced by these encrypted containers and aren’t accessible; you will lose your files on [enter date] unless you pay $2500 in Bitcoin.” Offline Backups.

Ransomware 97

Ransomware Backups Software Encryption 97

Krebs on Security

OCTOBER 28, 2020

Ransomware attackers often spend weeks or months inside of a target’s network before attempting to deploy malware across the network that encrypts servers and desktop systems unless and until a ransom demand is met. He declined to comment on the particulars of the extortion incident.

Hacking 341

Hacking Ransomware Banking Accountability 341

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. At this point, typical defenses for ransomware, such as backups and restoration of systems and data, do not apply. What is Double Extortion Ransomware?

Ransomware 71

Ransomware Encryption Backups Cyber Insurance 71

CyberSecurity Insiders

JUNE 29, 2023

Data encryption both in transit and at rest: Patient data should be encrypted in transit and at rest to prevent unauthorized access. By encrypting data while it is at rest, you can ensure that even if there is a breach, the stolen data cannot be accessed without the encryption key.

Healthcare 52

Healthcare Encryption Software Architecture 52

Malwarebytes

MAY 16, 2023

The incident was noticed on March 14, and a week later PharMerica identified that the personal information accessed included names, dates of birth, Social Security numbers, medication lists and health insurance information. Stop malicious encryption. Create offsite, offline backups.

Identity Theft 85

Identity Theft Ransomware Data breaches Passwords 85

Malwarebytes

FEBRUARY 19, 2023

The full scope of the costs and related impacts of this incident, including the extent to which the company’s cybersecurity insurance may offset some of these costs, has not been determined. Stop malicious encryption. Create offsite, offline backups. Keep backups offsite and offline, beyond the reach of attackers.

Ransomware 92

Ransomware Backups Manufacturing Marketing 92

Malwarebytes

AUGUST 28, 2023

Certain files in the PurFoods network were encrypted, and investigators also noticed tools present which can be used for data exfiltration. Stop malicious encryption. Create offsite, offline backups. Keep backups offsite and offline, beyond the reach of attackers.

Data breaches 70

Data breaches Ransomware Identity Theft Backups 70

SecureWorld News

AUGUST 18, 2020

Hackers encrypted some files. Here is Carnival Corporation's ransomware and cyber incident statement, in full: On August 15, 2020, Carnival Corporation and Carnival plc (together, the "Company," "we," "us," or "our") detected a ransomware attack that accessed and encrypted a portion of one brand’s information technology systems.

Cyber Insurance 79

Cyber Insurance Ransomware Insurance Technology 79