SecureList

NOVEMBER 9, 2022

Arthur Laudrain, Strategic Analyst (Cyber Program), The Hague Centre for Strategic Studies. In 2023, we might see a slight decline in ransomware attacks, reflecting the slowdown of the cryptocurrency markets. Yet, in addition to cyber insurance, companies will need a designated DR or RR (Rolling Recovery) plan.

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SecureWorld News

NOVEMBER 1, 2021

And it will push forward initiatives across all available avenues in order to increase present and future resilience, ensuring our workforce, technologies, and organizations are fit for purpose today and future-proofed for tomorrow.". Technology and Ecosystem Security. Federal Cybersecurity. Budget Review and Assessment.

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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. A less abrasive way to interrupt payments could come at the cryptocurrency level. Many argue that policymakers need to do something about the problem.

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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. Compromised cloud storage can result in account breaches, data theft, or extortion in which attackers exploit reputational damage to demand ransoms.

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Security Boulevard

JUNE 29, 2024

Powered by WormGPT and FraudGPT, hackers and scammers will continue to drive the cost of business higher as organizations pay more for cyber insurance. Businesses wanting to meet compliance mandates, lower their cyber insurance premiums, and reduce their security operations costs need to invest in AI for cyber defense.

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SC Magazine

JUNE 15, 2021

From a financial perspective, if we did have to pay the ransomware, do we know how to buy cryptocurrency? Will our cyber insurer buy it or would we?” This was at the endorsement of CFO Mark Serway, a veteran financial chief for technology companies, many of which have counted the federal government as a customer.

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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. About The Institute for Security and Technology. To read the RTF report, [link].

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Centraleyes

DECEMBER 16, 2024

As we approach 2025, the cybersecurity landscape is evolving rapidly, shaped by technological advancements, regulatory shifts, and emerging threats. By 2027, 75% of employees are expected to acquire or modify technology outside of ITs control, up from 41% in 2022. To keep up, organizations must stay ahead of these developments.

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NetSpi Executives

APRIL 27, 2024

Ransomware, a definition Ransomware is a set of malware technologies, hacking techniques, and social engineering tactics that cybercriminals use to cause harm, breach data, and render data unusable. Victims pay ransomware adversaries for decryption keys through cryptocurrency, such as Bitcoin. About 1 in 4 victims pay the ransom.

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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. Once your micro-perimeters surround your most sensitive segments, there’s a need for ongoing monitoring and adaptive technology. Without external backups or rollback technology, recovery is impossible.

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Pen Test

OCTOBER 10, 2023

Victims are instructed to pay a ransom payment, usually demanded in cryptocurrency, in exchange for the decryption key. Identify cyber insurance policies and ensure they align to business needs regarding ransomware attacks and data leaks. Businesses will need to demonstrate cyber risk management to get the best premiums.

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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. Compromised cloud storage can result in account breaches, data theft, or extortion in which attackers exploit reputational damage to demand ransoms.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware 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. But such a scenario would be more reasonable for small- and medium-sized businesses.

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