eSecurity Planet

OCTOBER 5, 2021

Spending money you hadn’t budgeted to hire experts to clean up an unexpected mess is at the bottom of every manager’s wish list, but in the case of a cyber attack as damaging as ransomware , turning incident response over to a pro may be the best thing you can do.

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CyberSecurity Insiders

OCTOBER 26, 2022

Once one attack occurs, bad actors tend to further exploit a company’s vulnerabilities and continue to target the company. From a budgetary standpoint, ransom payments and cyber insurance premiums have continued to rise over time.

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Digital Shadows

NOVEMBER 26, 2024

The US, manufacturing sector, and professional, scientific, and technical services (PSTS) sector are primary targets amidst an overall increase in ransomware attacks. Additionally, securing internal documents with encrypted storage and using safe file-sharing platforms is crucial, especially when sharing externally.

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SecureList

NOVEMBER 9, 2022

Given the continued surge of ransomware attacks, which soared 288% in the first half of 2022 alone, the need for cyber insurance will be a bigger priority, especially in the SMB market. Yet, in addition to cyber insurance, companies will need a designated DR or RR (Rolling Recovery) plan. DDOS Botnets.

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Malwarebytes

DECEMBER 20, 2022

From the H-Hotel release : “ unknown persons carried out a cyber attack on the IT network of the hotel company H-Hotels.com, which led to restrictions in digital communication. The cyber attack was discovered by the hotel company's IT security systems on Sunday. Another day, another ransomware press release.

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Duo's Security Blog

JUNE 9, 2022

From these conversations, it is clear cyber liability insurance is steadily rising to the top of the agenda, due to the sheer amount and scale of cyber-attacks hitting firms. As an advisory CISO and part of Cisco’s strategy group, an essential part of my role is talking to CISOs from every kind of organization.

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Digital Shadows

OCTOBER 14, 2024

Employees must be aware of how attackers might manipulate them into revealing sensitive information or granting the attackers access to secure systems. However, given the increasing sophistication of these attack techniques, education alone isn’t always enough to prevent a cyber attack.

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Cytelligence

JANUARY 27, 2020

Unfortunately, the citizens of the country had to pay the ransom as the city had no cyber insurance. Having cyber insurance meant the city only had to pay a small fee to get their systems back up and running. Having cyber insurance meant the city only had to pay a small fee to get their systems back up and running.

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SecureWorld News

JANUARY 21, 2024

The costs of recovering from such incidents, especially for smaller organizations without cyber insurance, can be devastating. These losses are not just monetary; the time and resources diverted to deal with the aftermath of an attack can significantly hamper operational efficiency.

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eSecurity Planet

FEBRUARY 16, 2021

A ransomware attack is about as bad as a cyber attack can get. It can shut down your business – in the case of healthcare organizations that can be life-threatening for patients – damage your reputation with customers and employees, and invite further attacks as cybercriminals view your organization as an easy mark.

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eSecurity Planet

APRIL 6, 2023

Ransomware is a type of malicious program, or malware, that encrypts files, documents and images on a computer or server so that users cannot access the data. Knowing what ransomware is and how it works is essential for protecting against and responding to such attacks. The first ransomware attack took place in 1989.

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eSecurity Planet

APRIL 26, 2022

Named after the infamous string of nation-state cyber attacks during the late 2000s, NightDragon was established in 2016 by former McAfee CEO Dave DeWalt. Also read : Top Cyber Insurance Companies. NightDragon. Honorable Mention Cybersecurity VCs. Business Data.

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Centraleyes

APRIL 8, 2024

consumers would not trust a company with their personal information if it had a data breach According to the above source, 44% blame cyber attacks on a company’s inadequate security measures. Better Insurance Rates: Cyber insurance providers include data security in their actuarial analysis. 66% of U.S.

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SecureWorld News

MAY 12, 2020

What do we know about this cyber attack on law firm of the stars? According to the bad actors behind REvil attacks, the initial ransom demand was an incredible $21 million. A key feature of this type of ransomware is its ability to steal data and documents to use as extortion, as in, pay up or we'll publish your stuff.

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eSecurity Planet

JUNE 1, 2021

” Further reading: Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs. Burt noted that attacks like those of Nobelium and similar groups often are in line with concerns of the country they’re targeting. Attacks Continue. The pace of high-profile cyber attacks continues unabated.

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