SC Magazine

JUNE 15, 2021

Dawn Cappelli, vice president of global security and chief information security officer at Rockwell Automation, said that the spike in ransomware attacks, particularly in manufacturing, inspired a tabletop exercise in December with her CEO and all his direct reports to walk through various ransomware scenarios.

Ransomware 60

Ransomware Insurance Cyber Insurance Risk 60

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

ForAllSecure

MAY 30, 2023

We know that you know, manufacturing is an area that we've seen a lot of targets over the last quarter. Again, because if you bring down manufacturing operations, there's a high impact to the business and necessity to recover quickly. of cryptocurrency. By no means. Does that mean that there was no ransomware occurring?

Ransomware 40

Ransomware Encryption Authentication Backups 40

Spinone

OCTOBER 13, 2020

Ransom payments are generally demanded in the form of untraceable cryptocurrency such as Bitcoin. This includes the Billtrust and German manufacturer, Pilz, ransomware infections. In fact, one report shows that business email compromises are 23% of cyber insurance claims. Ransoms demanded average $110,000 USD (50 BTC).

Ransomware 52

Ransomware Backups Data breaches Encryption 52

Adam Levin

DECEMBER 27, 2019

Unfortunately, many are not secure because they are protected by nothing more than manufacturer default passwords readily available online. Cryptocurrency miners will continue to get rich off of stolen electricity. Related to the botnet craze, we will see an increase in computing power theft used to mine cryptocurrency.

Cybersecurity 100

Cybersecurity CISO IoT Insurance 100