SecureWorld News

MAY 2, 2025

Many healthcare providers now undergo annual security audits and risk assessments as required by regulators or cyber insurance providers. healthcare organizations in particular face strict breach notification laws and insurer requirements, which has led to high levels of security investment and r outine audits (most U.S.

Healthcare

SecureWorld News

JULY 28, 2025

At the same time, they delete backup jobs and prune VM snapshots, ensuring that victims have no easy recovery path. Security experts agree that once the group obtains root-level access, backup destruction and data exfiltration become inevitable.

Social Engineering

SecureWorld News

JULY 8, 2025

Backups must be frequent , tested, and stored off-network. To counter this, we need collaboration between governments, private cybersecurity firms, insurance companies, and even end users. Regular patching and vulnerability management are crucial, but so is visibility. You can't protect what you can't see.

Ransomware

Security Affairs

MARCH 13, 2025

As of February 2025, Medusa developers and affiliates have impacted over 300 victims from a variety of critical infrastructure sectors with affected industries including medical, education, legal, insurance, technology, and manufacturing.” ” reads the joint advisory. Attackers use Mimikatz to steal credentials.

Ransomware

Webroot

MARCH 3, 2025

The event is sponsored by the Federal Trade Commission (FTC), and other participating agencies include the Federal Deposit Insurance Corporation (FDIC), AARP , and the Better Business Bureau (BBB). Backup solutions – Carbonite automatically backs up and protects your data. Document disposal Shred sensitive documents.

Consumer Protection

Webroot

FEBRUARY 21, 2025

Its a top-end, true all-in-one offering based on a new platform that combines antivirus, password manager, identity protection, VPN, backup, and parental controls. This is where data encryption and automated backups come in. With automated backup you can create a backup schedule that you can set and forget.

Identity Theft

Security Boulevard

APRIL 16, 2025

A full breakdown of the patches for this quarter can be seen in the following table, which also includes a count of vulnerabilities that can be exploited over a network without authentication.

Financial Services

Security Boulevard

OCTOBER 17, 2024

There has been a sharp decline in ransomware payouts, with only 11% of companies admitting to paying demands, which has been attributed to increased investment in backup and recovery technologies. The post Ransomware Payouts Decline as Security Maturity Rises appeared first on Security Boulevard.

Ransomware

eSecurity Planet

MARCH 12, 2025

The Advanced plan offers a little more, including one terabyte of cloud backup, syncing data across devices, and phone support during business hours. Its Advanced plan also has a terabyte of cloud backup and file syncing across devices. The Essential plan, which costs $3.33 It costs $4.49

VPN

Centraleyes

JUNE 26, 2025

“Our Australian clients want near-real-time dashboards that translate technical ‘mean-time-to-recover’ into plain-English business impact,” said the company’s regional advisor, adding that board-friendly scoring accelerates funding for tabletop exercises and immutable backups. Centraleyes is not affiliated with the Commvault study.)

Cyber Insurance

Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. This is likely because threat actors perceive US-based organizations to be more financially capable of paying ransoms due to well-developed cyber insurance.

Cyber Attacks

SecureWorld News

DECEMBER 27, 2024

While there are many components to a comprehensive cyber strategy, Conversant believes that maintaining immutable backups of all data is paramount to this strategy and thus recovery. While resistance is important, recovery is paramount.

Cybersecurity

Centraleyes

MARCH 17, 2025

insurance). Ideal For: Organizations where financial metrics drive decisions, such as banks, insurers, or large corporations. Stakeholders agree its “Likely” to happen during a storm but the impact is “Moderate,” since backup generators are available. Transfer : Share the risk with another party (e.g.,

Risk

Centraleyes

APRIL 24, 2025

Cyber Insurance with AI-Driven Risk Assessments (e.g., Coalition, Resilience)** How they help Cyber insurers now use AI models to assess an organization’s risk posture in real time, adjusting premiums based on proactive security measures. Data Integrity Checks: Ensure your backup systems are not only fast but also reliable.

Penetration Testing

SecureWorld News

MARCH 5, 2025

The domains of cybersecurity, cybercrime investigations, and cyber insurance will all be impacted. They should know which parts come from high-risk places and have backup plans ready. At the same time, nation-states may launch more cyberattacks as payback," said Kip Boyle , vCISO, Cyber Risk Opportunities LLC.

Cyber Risk

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.…

Backups

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.

Backups

Tech Republic Security

JULY 4, 2024

Rates have declined by 15% since the market peak in 2022, according to Howden Insurance Brokers.

Insurance

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. Slow Gains on Storage and Backup Security. Make it extremely difficult to tamper with backups and exfiltrate data.

Backups

Krebs on Security

DECEMBER 8, 2022

The CLOP members said one tried-and-true method of infecting healthcare providers involved gathering healthcare insurance and payment data to use in submitting requests for a remote consultation on a patient who has cirrhosis of the liver. As noted in last year’s story Don’t Wanna Pay Ransom Gangs? ” . ”

Healthcare

Adam Levin

JUNE 4, 2021

You would think that ExaGrid, a backup appliance and anti-ransomware service might know how to avoid ransomware, but it was hit. . Manage the damage: Plan ahead in the event of a successful cyberattack and have a cyber liability insurance plan to help offset the costs. . The post Anti-Ransomware Company Exagrid Pays $2.6

Ransomware

SC Magazine

JUNE 28, 2021

The rise of the cyber insurance has largely failed to promote better cybersecurity practices among the industries they cover, according to a new report released Monday from British security think tank RUSI. Growing losses from ransomware attacks have…emphasized that the current reality is not sustainable for insurers either.

Cyber Insurance

SecureWorld News

JULY 2, 2024

Global cyber insurance premiums are declining despite an uptick in ransomware attacks, according to a recent report by insurance broker Howden. This trend reflects improved business security practices, evolving insurance industry dynamics, and changing attitudes toward cyber risk management. Sarah Neild, head of U.K.

Cyber Insurance

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.

Insurance

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

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.

Insurance

Security Boulevard

JULY 30, 2021

The post Cyberresilience: Your Data Insurance Policy appeared first on Security Boulevard. For many, it’s not an ‘if,’ but a case of how and when. Even multinational businesses with comprehensive cybersecurity protocols in place are vulnerable.

Insurance

Duo's Security Blog

MAY 23, 2022

Cyber liability insurance can be a lifeline in the event of a major incident or breach. million per year , resulting in cyber insurance premiums jumping up by 50-100%. No doubt, cyber insurance is a hot topic right now. The unfortunate reality is that cyber insurance is becoming a necessity for organizations big and small.

Insurance

Malwarebytes

APRIL 27, 2022

You’ve likely only seen cybercrime insurance primarily mentioned in relation to attacks on businesses. Some folks think the mere presence of insurance simply encourages more attacks , and is hurting more than it’s helping. Personal insurance plans are slowly becoming a more visible and talked about topic.

Cyber Insurance

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

Malwarebytes

FEBRUARY 21, 2023

Ransomware authors are wading into the cybersecurity insurance debate in a somewhat peculiar way. Specifically: urging victims to disclose details of their insurance contract , in order to tailor a ransom which will be beneficial to the company under attack. Create offsite, offline backups. Write an incident response plan.

Cyber Insurance

SecureWorld News

MARCH 30, 2023

However, data is as vulnerable as it is valuable, and World Backup Day on Friday, March 31st, is a welcome reminder of the need to have a well thought out data protection strategy in place. The campaign began in 2011 as World Backup Month and was changed to World Backup Day later.

Backups

Security Affairs

FEBRUARY 21, 2023

Recently emerged HardBit ransomware gang adjusts their demands so the insurance company would cover the ransom cost. For those who have cyber insurance against ransomware attacks. But since the sneaky insurance agent purposely negotiates so as not to pay for the insurance claim, only the insurance company wins in this situation.

Insurance

SecureWorld News

SEPTEMBER 10, 2020

Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. 4 key takeaways from cyber insurance industry report. Cyber insurance works.

Cyber Insurance

eSecurity Planet

JULY 12, 2022

Cyber Insurer Provides Help. As Spectra Logic had the foresight to take out cyber insurance , Chubb representatives were professional and helpful, according to Mendoza. Also read: Top 8 Cyber Insurance Companies for 2022 Best Ransomware Removal and Recovery Services. Backups Wiped Out But Tape, Snapshots Survive.

Ransomware

Duo's Security Blog

DECEMBER 7, 2022

Much has been published about how the demand — and subsequent cost — for cyber liability insurance has skyrocketed in line with increasing incidents of cyberattacks. The state of cyber liability insurance The topic of cyber liability insurance is full of datapoints, statistics and graphs all showing upward trajectories.

Insurance

Krebs on Security

JANUARY 19, 2022

is perhaps better known as the online identity verification service that many states now use to help staunch the loss of billions of dollars in unemployment insurance and pandemic assistance stolen each year by identity thieves. These days, ID.me may require a recorded, live video chat with the person applying for benefits.

Mobile