SecureWorld News

DECEMBER 27, 2024

The stakes are higher than everprotecting critical infrastructure will require not just technology, but also robust incident response plans and partnerships.'" Broader Implementation of AI Acceptable Use Policies: Industries may begin focusing on formalizing guidelines to promote the ethical, secure, and responsible use of AI technologies.

Cybersecurity 123

Cybersecurity CISO Risk Government 123

Centraleyes

MARCH 17, 2025

operational, financial, strategic, or technological). 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.

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Risk Insurance Small Business Cybersecurity 52

SecureWorld News

MARCH 5, 2025

agricultural exports and expanded its export restrictions on critical technology components and cybersecurity-related industries. Any export controls from China could severely impact the availability of next-gen cybersecurity technology in the U.S. They should know which parts come from high-risk places and have backup plans ready.

Cyber Risk 128

Cyber Risk Risk Cyber Insurance Small Business 128

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 363

Backups Ransomware Encryption Insurance 363

CyberSecurity Insiders

JANUARY 6, 2023

By Doron Pinhas, Chief Technology Officer, Continuity. Many of these attacks took advantage of known vulnerabilities and security misconfigurations in storage and backup systems. Many of these attacks took advantage of known vulnerabilities and security misconfigurations in storage and backup systems.

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Backups Ransomware Insurance Cyber Insurance 136

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 348

Healthcare Backups Ransomware Insurance 348

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.

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Ransomware Backups Insurance Wireless 248

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

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Ransomware Backups Insurance Healthcare 289

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 136

Cyber Insurance Insurance Ransomware Marketing 136

Krebs on Security

MARCH 2, 2021

PrismHR , a company that sells technology used by other firms to help more than 80,000 small businesses manage payroll, benefits, and human resources, has suffered what appears to be an ongoing ransomware attack that is disrupting many of its services. Hopkinton, Mass.-based PrismHR has not yet responded to requests for comment.

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Ransomware Small Business Insurance Software 351

Schneier on Security

JULY 25, 2024

In information technology, brittleness also results from the fact that hundreds of companies, none of which you;ve heard of, each perform a small but essential role in keeping the internet running. Insurance blunts financial losses.) We need deep complexity in our technological systems, and that will require changes in the market.

Marketing 349

Marketing Software Internet Internet 349

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 98

Backups Insurance Cyber Attacks CISO 98

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.

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Cyber Insurance Insurance Ransomware Cyber Attacks 81

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.

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Ransomware Cyber Insurance Backups Insurance 144

Krebs on Security

OCTOBER 28, 2020

In fact, many ransomware groups now have such an embarrassment of riches in this regard that they’ve taken to hiring external penetration testers to carry out the grunt work of escalating that initial foothold into complete control over the victim’s network and any data backup systems — a process that can be hugely time consuming.

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Hacking Ransomware Banking Accountability 362

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 98

Insurance Cyber Insurance Ransomware Risk 98

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?

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Backups Ransomware Mobile Insurance 132

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

eSecurity Planet

JULY 8, 2022

Ransomware has now emerged as one of the key reasons to have a DR plan and DR technology in place. 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.

Backups 141

Backups Ransomware Technology Marketing 141

CyberSecurity Insiders

SEPTEMBER 20, 2021

As technology advances, cybercriminals are finding more sophisticated means to attack businesses online. Encryption and data backup. Invest in cybersecurity insurance. Cybersecurity insurance involves the transfer of financial risk that may arise from doing business online.

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Cybersecurity Insurance Encryption Passwords 121

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.

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Backups Insurance Healthcare Data breaches 109

CyberSecurity Insiders

OCTOBER 23, 2021

By tapping into the advanced capabilities of our IT scanning technology, we’re proud to share actionable data to increase awareness around the current state of cyber risk technology and help eliminate the impact of adverse events — especially as we approach the end of a pivotal year,” said Madhu Tadikonda, President of Corvus Insurance. “We

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Insurance Cyber Risk Technology Ransomware 59

SecureWorld News

AUGUST 18, 2020

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.

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Cyber Insurance Ransomware Insurance Technology 98

CyberSecurity Insiders

OCTOBER 20, 2021

The only saving grace was that the city had invested in both on-premise and cloud backups. To prepare for ransomware attacks, Okumu stressed the importance of an incident response plan (IRP) that addresses both the technology and business sides of recovery. Backup Strategy. Having a backup strategy is also critical.

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Ransomware Backups Insurance Cyber Insurance 111

Security Affairs

JUNE 18, 2024

In some cases, attackers are even leveraging the threat of regulatory actions or causing cyber insurance policies to be rendered moot by reporting lapses in security on the part of the victim to regulators and insurers. The indirect costs of ransomware attacks are often even more damaging.

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Ransomware Cryptocurrency Insurance Cybercrime 142

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

The Last Watchdog

DECEMBER 12, 2023

Focus on implementing robust backup and disaster recovery plans, user training, and the sharing of threat intelligence. Camellia Chan , Co-Founder and CEO, Flexxon Chan In a single month, major breaches hit MGM, DP World Australia, Philippine Health Insurance – just to name a few. Mike Kosak , Intelligence Analyst, LastPass.

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Cybersecurity Social Engineering Cyber threats Phishing 258

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. Determines the initial vector of infection, where your current data backups are, and the sensitivity of encrypted files. Digital forensics for insurance, medical, legal, and Fortune 500 companies.

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Ransomware Backups Encryption Insurance 139

Krebs on Security

DECEMBER 29, 2022

Faced with an increasing brain drain of smart people fleeing the country, Russia floats a new strategy to address a worsening shortage of qualified information technology experts: Forcing tech-savvy people within the nation’s prison population to perform low-cost IT work for domestic companies.

Cryptocurrency 334

Cryptocurrency Cybercrime Computers and Electronics Scams 334

eSecurity Planet

JUNE 16, 2022

However, basic cybersecurity tools and practices, like patching , strong passwords , and multi-factor authentication (MFA), “can prevent 80 to 90% of cyberattacks,” said Anne Neuberger, deputy national security advisor for cyber and emerging technologies, during a White House press conference in Sept. Backup and encryption.

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Backups Ransomware Firewall Malware 145

CyberSecurity Insiders

SEPTEMBER 16, 2022

This is essential to consider as humans enter the most technologically advanced age in history while balancing many national and global turning points. studied places like Russia, China and Brazil because it was concerned these technologies were reaching parts of the world with high unemployment rates and IT skills.

Cybercrime 134

Cybercrime Identity Theft Government Technology 134

SecureWorld News

FEBRUARY 19, 2024

Work in tandem with your hosting provider to leverage managed WordPress specialty hosting assistance, enquiring about their incumbent technologies, proactive monitoring, malware detection, backups, and DDoS mitigation, among others. Schedule daily backups to create multiple restore points.

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Backups Firewall eCommerce Encryption 109

Joseph Steinberg

JANUARY 18, 2024

Cybersecurity measures, including robust encryption, secure authentication protocols, and regular security audits, can, of course, be utilized as part of a formidable defense against unauthorized access – but no security technologies should be deployed ad-hoc; security must be well planned and implemented carefully.

Cybersecurity 169

Cybersecurity Cyber Attacks Education Risk 169

eSecurity Planet

DECEMBER 9, 2021

Be in-line with insurance policies. For example, assign the cloud team to initially respond to incidents involving cloud assets with the cybersecurity team providing backup resources. The assignment of backup resources will also be useful as a contingency. See Best Backup Solutions for Ransomware Protection.

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Insurance Backups Data breaches Ransomware 125

Security Affairs

NOVEMBER 14, 2022

Add to that, there is the risk of penalties and fines (which are not insurable in most jurisdictions) not only under privacy and data protection regulations but also on the basis of cybersecurity regulations that are now proliferating. What should directors do if a cyberattack happens to the company? there could be reputational damage.

Cyber Risk 143

Cyber Risk Insurance Cyber Attacks Risk 143

Joseph Steinberg

JANUARY 18, 2024

Cybersecurity measures, including robust encryption, secure authentication protocols, and regular security audits, can, of course, be utilized as part of a formidable defense against unauthorized access – but no security technologies should be deployed ad-hoc; security must be well planned and implemented carefully.

Cybersecurity 161

Cybersecurity Cyber Attacks Education Risk 161

SC Magazine

FEBRUARY 25, 2021

On Wednesday – just Wednesday – news stories emerged about an airplane maker, information technology giant and computer game company all having operations disrupted by ransomware. Todt said that cybersecurity insurance is prevalent among SMBs, but often offer a low return on investment. Part of the problem is technical.

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Ransomware Insurance Government Cryptocurrency 104