Cytelligence

JANUARY 14, 2020

The rise of cyber insurance – Underwriters will sell more cyber insurance policies for businesses and government agencies such as schools, hospitals and utilities. Insurance companies may guide their policyholders to pay ransoms, as this is generally cheaper than having to recover from a ransomware attack.

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Cybersecurity Cyber Insurance Insurance Ransomware 65

Security Affairs

NOVEMBER 6, 2018

Group-IB and Swiss insurance broker ASPIS that owns CryptoIns project, have developed the world’s first scoring model for assessing cryptocurrency exchanges. Based on the risk score, CryptoIns experts have calculated insurance rates for cryptocurrency exchange users who can now insure their accounts against cyber threats.

Insurance 62

Insurance Cryptocurrency Cyber threats Marketing 62

Security Affairs

FEBRUARY 25, 2024

Iran Crisis Russia-Aligned TAG-70 Targets European Government and Military Mail Servers in New Espionage Campaign U.S.

Spyware 94

Spyware Cyber Insurance Hacking Advertising 94

SecureWorld News

SEPTEMBER 23, 2021

But did you know the Secret Service is deep into cybersecurity, too? His unique insights around cybersecurity-related topics shine a light on ransomware risk for organizations, government agencies, and the public. "I Cyber defense is about test, test, test.". Familiarize yourself and your organization with cyber insurance.

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Ransomware Cyber Insurance Insurance Government 72

Webroot

OCTOBER 14, 2022

Since the mainstreaming of ransomware payloads and the adoption of cryptocurrencies that facilitate untraceable payments, malicious actors have been innovating new methods and tactics to evade the latest defenses. The key to staying safe is a layered approach to cybersecurity backed up by a cyber resilience strategy.

Malware 61

Malware Antivirus DDOS Cyber Insurance 61

Adam Levin

JULY 8, 2020

A recent domain hijack of Japanese cryptocurrency exchange Coincheck.com was used to spoof the company in a spear-phishing campaign. Whether your company is international or a regional operation, the time to invest in a cybersecurity audit was yesterday.

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Hacking Retail Cyber Insurance Authentication 130

SC Magazine

FEBRUARY 25, 2021

The government has options, but none of them are easy or fast,” said Michael Daniel, former White House cybersecurity coordinator and current president and CEO of the Cyber Threat Alliance. It’s like many things in cybersecurity,” Daniel said. ” Improving baseline cybersecurity. . ” Stopping payments.

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Ransomware Insurance Government Cryptocurrency 104

SC Magazine

JUNE 15, 2021

Coats is a member of the Cybersecurity Collaborative , a chief information security officer membership organization owned by SC Media parent company CyberRisk Alliance. No,” said Corll, who is also a member of Cybersecurity Collaborative. Will our cyber insurer buy it or would we?” The news has their attention.”.

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Ransomware Insurance Cyber Insurance Risk 60

CyberSecurity Insiders

APRIL 30, 2021

The 48 recommended actions provide guidance for dealing with the complexities of the ransomware epidemic, from the role of cyber insurance, to cryptocurrency, to safe havens for threat actors.

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Ransomware Government Cyber Insurance Cybercrime 52

CyberSecurity Insiders

DECEMBER 18, 2022

The hijacking of computer resources to mine cryptocurrencies is one of the fastest growing types of cyber-threats globally. Cyber security is a boardroom issue, but with growing economic uncertainty, organizations are being forced to make tough decisions as they plan 2023 budgets.

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Cybersecurity CISO Insurance Ransomware 125

eSecurity Planet

FEBRUARY 16, 2021

For access to the decryption key, the victim must make prompt payment, often in cryptocurrency shielding the attacker’s identity. Others go further in estimating ransomware will cost as much as $6 trillion per year starting in 2021 ( Cybersecurity Ventures ). Attackers will inform the victim that their data is encrypted.

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Ransomware Backups Software Encryption 97

NetSpi Executives

APRIL 27, 2024

Victims pay ransomware adversaries for decryption keys through cryptocurrency, such as Bitcoin. Some can’t afford not to pay, and some are covered by cyber insurance. Should I get a ransomware cyber insurance policy? Many organizations have used cyber insurance to recover from ransomware attacks.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

SecureWorld News

AUGUST 21, 2020

The end result was hefty payment: "After careful consideration, the university decided to work with its cyber insurance provider to pay a fee to the ransomware attacker. The University made the payment in cryptocurrency, through a third party firm. And number one is cyber insurance.

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Ransomware Cyber Insurance Insurance Backups 82

Security Boulevard

JUNE 15, 2021

Ransomware attacks have continued to make headlines, and for good reason: on average, there is a new ransomware attack every 11 seconds, and the losses to organizations from ransomware attacks is projected to reach $20 billion over the course of 2021 following a record increase in losses of more than 225% in 2020.

Ransomware 97

Ransomware Cyber Insurance Insurance Antivirus 97

Pen Test

OCTOBER 10, 2023

Victims are instructed to pay a ransom payment, usually demanded in cryptocurrency, in exchange for the decryption key. Provide cybersecurity awareness training to all personnel, enabling them to identify social engineering attacks and risky behavior. Businesses will need to demonstrate cyber risk management to get the best premiums.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

SC Magazine

JUNE 21, 2021

Policy levers can include direct federal investment in baseline cybersecurity , regulations to improve baseline cybersecurity , more aggressive law enforcement and intelligence community takedowns of criminal infrastructure, and regulating cryptocurrencies. There are multiple threads lawmakers can pull at the same time.

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Ransomware Insurance Government Cyber Insurance 118

CyberSecurity Insiders

JUNE 23, 2021

Meaning, those who are bowing down to the demands of hackers by making a ransomware payment in cryptocurrency- may take up a tax claim if all the payment procedure falls into the legal practice. . The post Tax reimbursement for ransomware payments appeared first on Cybersecurity Insiders.

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Ransomware Cyber Insurance Insurance Cryptocurrency 76

Spinone

OCTOBER 13, 2020

Ransom payments are generally demanded in the form of untraceable cryptocurrency such as Bitcoin. Cybersecurity insurance will offset the ransom. Another factor that can weigh into making the decision to pay the ransom demanded by ransomware is having cybersecurity insurance.

Ransomware 52

Ransomware Backups Data breaches Encryption 52

Adam Levin

DECEMBER 27, 2019

2019 is virtually over and a new year beckons with all the solemnity of the grim reaper for those who don’t have their eyes wide open to the persistent threats we collectively face in the areas of privacy and cybersecurity. . In the main, consumers and business leaders alike are more aware of cybersecurity and privacy than ever before.

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Cybersecurity CISO IoT Insurance 100

ForAllSecure

MAY 30, 2023

of cryptocurrency. A lot of people with administrative backgrounds, from network administrators to you know IT resources that had been made the transition into more of a cybersecurity focus. By no means. Does that mean that there was no ransomware occurring? MUSIC] VAMOSI: Of course, given the nature of his work, Mark has stories.

Ransomware 40

Ransomware Encryption Authentication Backups 40

Security Affairs

NOVEMBER 5, 2023

CISA adds two F5 BIG-IP flaws to its Known Exploited Vulnerabilities catalog Threat actors actively exploit F5 BIG-IP flaws CVE-2023-46747 and CVE-2023-46748 Pro-Hamas hacktivist group targets Israel with BiBi-Linux wiper British Library suffers major outage due to cyberattack Critical Atlassian Confluence flaw can lead to significant data loss WiHD (..)

Cyber Insurance 101

Cyber Insurance Cryptocurrency Internet Internet 101