Thales Cloud Protection & Licensing

AUGUST 11, 2021

Too many businesses cannot continue their activities until they recover the data encrypted by ransomware. Many collaborative platforms can help you recover the data encrypted by ransomware. Your own systems may fail to process the encryption key. And do not forget about data encryption, both data in transit and static.

Ransomware 71

Ransomware Insurance Encryption Cyber Insurance 71

CyberSecurity Insiders

DECEMBER 18, 2022

The hijacking of computer resources to mine cryptocurrencies is one of the fastest growing types of cyber-threats globally. In 2023, we are likely to see an increase in cloud-enabled data exfiltration in ransomware scenarios in lieu of encryption. 3 – Crypto-jacking neglect gets dangerous.

Cybersecurity 125

Cybersecurity CISO Insurance Ransomware 125

SecureWorld News

NOVEMBER 1, 2021

"Our internet economy has inadvertently created a digital ecosystem absolutely crucial to today's society, and yet so systemically vulnerable that clicking the wrong link can allow in intruders who encrypt your data and demand a ransom to restore it.". The path to better cybersecurity. Secret Service Assistant Director Jeremy Sheridan.

Cybersecurity 97

Cybersecurity Government Cyber Insurance Technology 97

SC Magazine

FEBRUARY 25, 2021

It’s a little blunt to be a solution,” said Mike McNerney, chief operating officer of Resilience, which provides cyber insurance, and a former policy adviser to the Department of Defense. A less abrasive way to interrupt payments could come at the cryptocurrency level. “We’re going to end up criminalizing being a victim.

Ransomware 104

Ransomware Insurance Government Cryptocurrency 104

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 ” Or you might see a readme.txt stating, “Your files have been replaced by these encrypted containers and aren’t accessible; you will lose your files on [enter date] unless you pay $2500 in Bitcoin.” IMPORTANT INFORMATION !!!

Ransomware 97

Ransomware Backups Software Encryption 97

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. Additionally, securing internal documents with encrypted storage and using safe file-sharing platforms is crucial, especially when sharing externally.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

Centraleyes

DECEMBER 16, 2024

Expect to see more investments in privacy-enhancing technologies (PETs) such as encryption, anonymization, and data masking. Quantum Computings Impact on Cybersecurity Quantum computing, although still in its early stages, poses a future threat to current encryption standards.

Cybersecurity 52

Cybersecurity Insurance Cyber Insurance Risk 52

NetSpi Executives

APRIL 27, 2024

Victims pay ransomware adversaries for decryption keys through cryptocurrency, such as Bitcoin. In addition to encrypting data and holding it hostage, ransomware attackers also upload valuable data to other systems on the internet. Ransomware adversaries hold the data hostage until a victim pays the ransom.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

Pen Test

OCTOBER 10, 2023

A particularly insidious new trend is the rise of "double extortion" attacks, in which cybercriminals not only encrypt an organization's data but also threaten to publicly release sensitive stolen information if the ransom is not paid. CryptoLocker, in 2013, pioneered the use of strong encryption algorithms. Seek adequate coverage.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

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. Ransom payments are generally demanded in the form of untraceable cryptocurrency such as Bitcoin. How much can ransomware cost your business?

Ransomware 52

Ransomware Backups Data breaches Encryption 52

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. Additionally, securing internal documents with encrypted storage and using safe file-sharing platforms is crucial, especially when sharing externally.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

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. . However, doesn’t this encourage crime and witness a rise in fake ransomware payments and SEC filing. .

Ransomware 76

Ransomware Cyber Insurance Insurance Cryptocurrency 76

ForAllSecure

MAY 30, 2023

” Over the next few weeks, chats from encrypted Telegram, and other communications were leaked. And so, a lot of times once the encryption occurs, that's really the final stage. They found what they believed to be sensitive data and then they perform the encryption. By no means. Of the of the incident.

Ransomware 40

Ransomware Encryption Authentication Backups 40