CyberSecurity Insiders

FEBRUARY 3, 2023

The Guardian’s Australian staff were targeted in a sophisticated cyber attack that led to the leak of personal information of 140 current and former staff members. NOTE 1- The Guardian’s UK branch was the first to get targeted in the attack on December 20th,2022 and it was of ransomware variant.

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Cyber Attacks Artificial Intelligence Identity Theft Cyber Risk 117

The Security Ledger

MAY 3, 2022

The bad news: those same remote access features could be used to launch crippling, large scale attacks on US farms. The post Feel Good Ukraine Tractor Story Highlights Ag Cyber Risk appeared first on The Security Ledger with Paul F. Jim Langevin on Cyber Policy in an Age of Political Polarization. The bad news?

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eSecurity Planet

MAY 27, 2021

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. Insurers Assessing Risks.

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Cyber Insurance Insurance Cyber Attacks Ransomware 128

Security Affairs

APRIL 11, 2021

Fitch Ratings is warning that cyberattacks could pose a risk to water and sewer utilities potentially impacting their ability to repay debt. Fitch Ratings published an alert last week to warn of the “material risk” to water and sewer utilities caused by cyber attacks that could also impact their ability to repay debt.

Risk 117

Risk Cyber Risk Cyber Attacks Government 117

SecureWorld News

NOVEMBER 29, 2023

Ardent Health Services, a Nashville-based healthcare provider, fell victim to a ransomware attack on Thanksgiving Day morning, November 23, that disrupted its IT operations and forced hospitals to divert emergency room patients to other facilities.

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Cyber Attacks Healthcare Ransomware Technology 108

Security Boulevard

NOVEMBER 24, 2023

First published by HelpNetSecurity  — Matthew Rosenquist Cybersecurity insurance is a rapidly growing market, swelling from approximately $13B in 2022 to an estimated $84B in 2030 (26% CAGR), but insurers are struggling with quantifying the potential risks of offering this type of insurance. The problem is with the nature of the threat.

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Insurance Risk Cyber Insurance Cybersecurity 70

The Security Ledger

MAY 8, 2022

A cyber attack has disrupted the operations of AGCO/Fendt, a major manufacturer of agricultural equipment, the company has acknowledged. The post Cyber Attack Halts Production at Ag Equipment Maker AGCO Fendt appeared first on The Security Ledger with Paul F. Cyber attacks on agriculture on the rise.

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Cyber Attacks Manufacturing Cyber Risk Ransomware 40

SecureWorld News

DECEMBER 6, 2023

The proposed regulations, designed specifically for hospitals, establish a robust framework for cybersecurity risk management and incident response. Governor Hochul recently announced New York's first-ever statewide cybersecurity strategy aimed at protecting the State's digital infrastructure from today's cyber threats.

Cyber Attacks 84

Cyber Attacks Healthcare Computers and Electronics Financial Services 84

CyberSecurity Insiders

JANUARY 11, 2023

Although such automated tools help to cut down cyber risks, they also create complex visibility hiccups because of a shortage for the trained workforce. Latest attack on Classification Society DNV software stands as a best example.

Software 126

Software Cyber Attacks Cyber Risk Ransomware 126

CyberSecurity Insiders

SEPTEMBER 16, 2022

The report that was compiled after taking the response of over 400 cloud engineers and security analysts concluded that their cloud platforms suffered a variety of attacks in the past 12 months and that includes incidents related to ransomware, crypto mining malware attacks, infiltrations and breaches.

Accountability 137

Accountability Cyber Attacks Cyber Risk Data breaches 137

Security Affairs

APRIL 22, 2022

This shift to digital technology has created a new class of digital risks that are constantly evolving and strike faster and often with more severity than traditional risks. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance.

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Cyber Insurance Insurance Risk Technology 91

Hacker Combat

JUNE 2, 2022

ransomware to conduct the cyber-attack, the hackers threaten to expose stolen files unless the company pays a ransom. The ransomware gang demanded over $34 million in bitcoin to be paid as ransom. How to Recognize a Ransomware Attack. How to Prevent Ransomware Attacks. using the LockBit 2.0

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Ransomware Manufacturing Antivirus Cyber Risk 108

SecureWorld News

AUGUST 25, 2021

Ransomware. Ransomware. Ransomware. How am I protecting my organization from an attack? As ransomware attacks have spiked in the last year, a common theme for many organizations is that the attack was the result of failed cybersecurity. IT security perspectives on ransomware attacks.

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Ransomware Insurance Cyber Insurance Cyber Risk 83

The Security Ledger

JULY 22, 2020

In this Spotlight podcast* we’re joined by Andrew Jaquith, the CISO at QOMPLX to talk about how the COVID pandemic is highlighting longstanding problems with cyber risk management and cyber resilience. Ransomware’s Dangerous Rise. Andy is an amazing resource on all matters cyber security. What’s to be done?

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CISO Cyber Risk Ransomware Risk 52

IT Security Guru

FEBRUARY 28, 2023

Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.

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Cyber Insurance Insurance Marketing Cyber Risk 114

The Last Watchdog

DECEMBER 14, 2023

Last Watchdog posed two questions: •What should be my biggest takeaway from 2023, with respect to mitigating cyber risks at my organization? ai Antani Many speculated that the ransomware attack on a Toyota supply chain player in Kojima, Japan was in retaliation for Japan’s aid to Ukraine.

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Cybersecurity Marketing Encryption CISO 235

Thales Cloud Protection & Licensing

MAY 10, 2022

With businesses becoming more and more digitized, they are exposed to greater cyber risks. And while organizations are taking steps to protect against cyber attacks, cybersecurity controls are not impenetrable. Cyber risk insurance covers the costs of recovering from a security breach, a virus, or a cyber-attack.

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Cyber Insurance Insurance Cyber Risk Authentication 77

SecureWorld News

APRIL 17, 2023

Risk management: Cyber insurance policies often require a risk assessment, which can help an organization identify and address vulnerabilities and improve its cybersecurity posture. Having cyber insurance can help ensure compliance with these requirements. Is it required? legal advice, forensic investigators, etc.)

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CyberSecurity Insiders

MARCH 15, 2021

As per the researchers, most of the healthcare related data breaches happened because of ransomware that accounted for over 54.95 percent of attacks. percent ransomware breaches, Maze followed the path with over 6.17 While RYUK topped the list with over 8.64 percent breaches on a respective note.

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Cybersecurity Healthcare Data breaches Cyber Attacks 80

Security Affairs

JUNE 11, 2023

Experts found new MOVEit Transfer SQL Injection flaws The University of Manchester suffered a cyber attack and suspects a data breach Russians charged with hacking Mt.

Social Engineering 96

Social Engineering Data breaches Ransomware Cybercrime 96

BH Consulting

MARCH 21, 2024

Creeping cyber risk grabbing global headlines Ransomware keeps reminding us of the strong connection between a cybersecurity incident and financial loss. CNN reports that ransomware victims in the US healthcare sector say they’re “haemorrhaging money”, as disruption affects their daily operations.

Cyber threats 69

Cyber threats Ransomware Healthcare Risk 69

The Last Watchdog

MAY 12, 2021

A new report from Sophos dissects how hackers spent two weeks roaming far-and-wide through the modern network of a large enterprise getting into a prime position to carry out what could’ve been a devasting ransomware attack. A surge in ProxyLogon attacks spiked in February and March and has yet to fully abate.

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Ransomware Hacking Firewall Digital transformation 154

Approachable Cyber Threats

JULY 31, 2023

If that did happen, you might want to also know what the risk of flood risk is for your other investments. You could go to each company every quarter and ask “How at risk are you of flooding and what are you doing to mitigate that risk?” Money talks.

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The Security Ledger

MARCH 19, 2019

Global aluminum manufacturer Norsk Hydro was hit with an alleged ransomware attack Tuesday. The attack is having a major impact on the company's global business and production. The post Norsk Hydro Hit with ‘Severe’ LockerGoga Ransomware Attack appeared first on The Security Ledger.

Ransomware 40

Ransomware Manufacturing Cyber Risk IoT 40

The Security Ledger

OCTOBER 18, 2021

The post Episode 228: CISA’s Eric Goldstein on being Everyone’s Friend in Cyber. Related Stories Spotlight: When Ransomware Comes Calling Episode 227: What’s Fueling Cyber Attacks on Agriculture ? Read the whole entry. » » Click the icon below to listen. CISA: A Different Kind of Agency. As the U.S.

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Government Cyber Risk Cybersecurity CISO 98

The Security Ledger

JUNE 20, 2022

The post Episode 239: Power shifts from Russia to China in the Cyber Underground appeared first on The. Related Stories Feel Good Ukraine Tractor Story Highlights Ag Cyber Risk Episode 238: Robots Are The Next Frontier In Healthcare Cyber Risk Episode 236: Cyberwar Takes A Back Seat In Ukraine (For Now).

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Cyber Risk Government Healthcare Hacking 98

SecureWorld News

FEBRUARY 6, 2024

Cleaning giant Clorox was struck by an unspecified cyber event discovered in August 2023. The incident disrupted operations so severely that the company reverted to manual ordering and processing as a containment measure—a response indicating ransomware, experts say.

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Insurance Cyber Insurance Cyber Risk Cyber threats 94

Security Affairs

MARCH 24, 2024

Cybersecurity US holds conference on military AI use with dozens of allies to determine ‘responsible’ use DFSA’s Cyber Risk Management Guidelines: A Blueprint for Cyber Resilience?

Malware 109

Malware Cybercrime Hacking Cyber threats 109

CyberSecurity Insiders

JUNE 25, 2022

As the threat of cyber-attacks continues to increase exponentially, a debate has erupted over the years, leaving organizations to choose between two sides. But now we’ve reached a whole new level of cyber-attacks. As it stands, ransomware remains the biggest threat to organiszations. Who are businesses up against?

Risk 137

Risk Cyber Attacks Cybersecurity Ransomware 137

SC Magazine

MAY 24, 2021

Overall, insurance companies seem to be responding to increased demand from clients for cyber-specific insurance, and one survey found that the two things most likely to spur a purchase of cyber insurance are when a business experiences a cyber attack and when they hear about other companies being hit by a cyber attack.

Cyber Insurance 94

Cyber Insurance Insurance Marketing Cyber Risk 94

The Security Ledger

MAY 15, 2021

Intel 471 CISO Brandon Hoffman joins us to to discuss Darkside, the ransomware group that attacked the Colonial Pipeline, why the crew may have bitten off more than it can chew and what the attack says about the state of America's Critical Infrastructure. Do Cities deserve Federal Disaster Aid after Cyber Attacks?

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Ransomware CISO Government Cyber Risk 52

CyberSecurity Insiders

OCTOBER 23, 2021

The report provides an inside look at the insights and tools used by risk managers, IT departments, security researchers, and solution providers to hone their offerings and approaches to keeping organizations safe from evolving cyber threats. “By Ransomware claims and costs.

Insurance 59

Insurance Cyber Risk Technology Ransomware 59

Cytelligence

AUGUST 8, 2023

Understanding the cost of cybersecurity breaches is crucial for small business owners to highlight the importance of a cybersecurity audit and the role of ransomware services in safeguarding their operations and reputation. Cyber attackers find small businesses an attractive target for several reasons.

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Small Business Cybersecurity Cyber threats Ransomware 52

CyberSecurity Insiders

DECEMBER 6, 2021

Like years past, 2021 revealed more of the same for the cybersecurity industry—more breaches, bigger ransomware attacks, higher stakes. These attacks received global attention and spotlighted the need for even more attention on cybersecurity best practices. Be ready for ransomware.

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Cybersecurity Ransomware Security Awareness Technology 105

Spinone

DECEMBER 26, 2018

In this article we will learn how to address and effectively respond to major enterprise cybersecurity threats and provide tips to mitigate IT security risk. Be On Your Guard with the Most Treacherous Insider Roles A paramount priority when addressing the threat is to distinguish the fundamental insider risks.

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Security Awareness Risk Cyber threats Cyber Risk 40

CyberSecurity Insiders

FEBRUARY 7, 2022

Staying safe online is not just a worry for parents of young children and teenagers – organizations are also constantly at risk from cyber-attacks, which is why training staff to reduce the likelihood of any such attack is crucial. So why is it vital to train employees on cybersecurity and internet risks?

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Internet Internet Data breaches Phishing 94

Spinone

APRIL 13, 2020

The cyber security aspect of working from home is extremely important, as cyber attacks are on the rise. In this cyber security guide , we’ll help you to learn more about risks and cyber security best practices for remote work. There are various cyber risks for your data.

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Backups Phishing Ransomware Risk 98