Security Affairs

FEBRUARY 6, 2021

Packaging giant WestRock revealed this week that the recent ransomware attack impacted the company’s IT and operational technology (OT) systems. WestRock did not share details about the security incident, it only confirmed that its staff discovered the attack on January 23. million.

Ransomware 142

Ransomware Cyber Insurance Insurance Technology 142

CyberSecurity Insiders

OCTOBER 24, 2022

These attacks also tend to be more successful in access and payout in the event of ransom demands, with 74% of attacks ending successfully for hackers. Here are a few prime examples of cyber-attacks in the education sector. Freshly on the heels of this cyber security nightmare, the Albuquerque school system was breached.

Education 58

Education Cyber Attacks Cyber Insurance Insurance 58

eSecurity Planet

OCTOBER 18, 2021

A lawsuit working its way through the courts could have a lot to say about the liabilities facing organizations that have been hit by ransomware attacks – and could have implications for cybersecurity preparation and regulation in general. Hospital’s Operations Hit by Ransomware. ” Cyber Insurance No Longer Reliable.

Ransomware 94

Ransomware Cyber Insurance Insurance Digital transformation 94

Security Affairs

APRIL 30, 2019

Aluminum producer Norsk Hydro estimated the cost of the massive attack cyber attack targeting the company in March at around $50 million. Dollar losses due to the NotPetya ransomware massive attack. The news of the cyber attack had an immediate economic impact and caused a drop in the share price of 2.0

Cyber Attacks 80

Cyber Attacks Cyber Insurance Insurance Advertising 80

Malwarebytes

JANUARY 26, 2022

Due to the evolving and growing impact of cybersecurity incidents there are some questions starting to arise about the way that insurance companies deal with the costs that are the results of such incidents. But cyber insurance comes in different flavors and sizes. An act of war? Lloyd’s of London.

Insurance 83

Insurance Cyber Insurance Ransomware Data breaches 83

eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware types.

Ransomware 97

Ransomware Backups Software Encryption 97

The Last Watchdog

OCTOBER 5, 2023

I held this position from 2000 through 2014, during which time Windows emerged as a prime target for both precocious script kiddies and emerging criminal hacking rings. Erin: What are some of the biggest cyber threats that businesses face today? Erin: How has the ransomware threat evolved in recent years?

Cyber threats 203

Cyber threats Cyber Insurance Cybersecurity Threat Detection 203

Security Boulevard

AUGUST 22, 2022

Even with ransomware costing billions of dollars in losses and cyber insurance claims, organizations are still impacted beyond the checkbook. Email phishing, brute force, and even employees leaving with a host of USB sticks, organizations face countless and often unreported cyber attacks.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance CISO 98

Security Affairs

JULY 8, 2019

Government computer systems at La Porte County, Indiana, were shut down after a cyber attack hit them on July 6. Experts believe it was a ransomware attack. On July 6, a cyber attack brought down government computer systems atLa Porte County, Indiana. SecurityAffairs – La Porte, hacking).

Government 88

Government Insurance Cyber Insurance Cyber Attacks 88

Security Boulevard

MAY 12, 2022

Predictable recovery after cyber attacks helps organizations with lessons learned along with driving a business case for more investment from the board of directors. Predictable patterns of cyberattacks could help us expect and prevent future attacks. What Is Not Covered Under Cyber Insurance? Getting in Right.

Cyber Insurance 105

Cyber Insurance Insurance Marketing Firewall 105

Security Affairs

JANUARY 14, 2019

Zurich American Insurance Company is refusing to refund its client because consider the attack as “an act of war” that is not covered by its policy. Considering that Mondelez International’s net revenues were $6.4bn in Q1, it is possible to quantify the overall economic impact of a cyber attack.

Cyber Insurance 84

Cyber Insurance Insurance Cyber Attacks Advertising 84

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. Ransomware is the most feared cybersecurity threat and with good reason: Its ability to cripple organizations by locking their data is a threat like no other.

Ransomware 93

Ransomware Backups Encryption Cybersecurity 93

ForAllSecure

MAY 17, 2023

Small to Medium Business are, today, the target of APTs and ransomware. Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. GRAY: Absolutely.

Internet 40

Internet Internet Insurance Cyber Insurance 40

Security Affairs

FEBRUARY 8, 2024

Cyber Crime Surge: During COVID-19 , cyber crimes shot up by 600%, showing how threats adapt to global changes. Phishing Attacks: Phishing is the top cyber attack, causing 90% of data breaches. Shockingly, 96% of these attacks come through email. Ransomware Attacks: In 2023, a whopping 72.7%

Social Engineering 123

Social Engineering Cyber Insurance Cyber Attacks IoT 123

Security Boulevard

MAY 17, 2023

Despite investing significant resources in cybersecurity, companies are still being hacked. Why are cyber attacks still on the rise? Before COVID a lot of businesses just bought cyber insurance instead of actually implementing security. You got hacked, you’re sort of just paid, your insurance covered it.

Hacking 52

Hacking Insurance Small Business Cybersecurity 52

The Last Watchdog

SEPTEMBER 20, 2019

Local government agencies remain acutely exposed to being hacked. However, at this moment in history, two particularly worrisome types of cyber attacks are cycling up and hitting local government entities hard: ransomware sieges and election tampering. Ransomware attacks are trendy again,” Weller told me. “If

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Ransomware Government Firewall Cyber Insurance 153

CyberSecurity Insiders

DECEMBER 18, 2022

Persistent, widely available, lower-sophistication malware and run-of-the-mill phishing campaigns statistically remain a greater global risk to corporations than the newest, most devious exploit kit or ransomware typically associated with APT groups. 4 – Ransomware rushes to the cloud.

Cybersecurity 125

Cybersecurity CISO Insurance Ransomware 125

Jane Frankland

DECEMBER 7, 2023

Cybersecurity can often feel like a game of cat and mouse where cyber attackers and defenders engage in a chase, with one party trying to outsmart the other. Just like in previous years, 2024 is set to test practitioners’ skills as the frequency of cyber threats continues to surge leaving no room for complacency.

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130

eSecurity Planet

JUNE 1, 2021

A Russian-based group’s cyberattack in late May on a range governmental agencies, think thanks, non-governmental agencies (NGOs) and the like around the world highlight the growing threat from software supply chain campaigns like the high-profile SolarWinds hack that was perpetrated by the same cybercriminals last year.

Phishing 70

Phishing Mobile Government Cybersecurity 70

Security Affairs

NOVEMBER 5, 2023

Kinsing threat actors probed the Looney Tunables flaws in recent attacks ZDI discloses four zero-day flaws in Microsoft Exchange Okta customer support system breach impacted 134 customers Multiple WhatsApp mods spotted containing the CanesSpy Spyware Russian FSB arrested Russian hackers who supported Ukrainian cyber operations MuddyWater has been spotted (..)

Cyber Insurance 102

Cyber Insurance Cryptocurrency Internet Internet 102