SecureWorld News

SEPTEMBER 10, 2020

Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. The number one type of cyber incident so far this year is ransomware.

Cyber Insurance 55

Cyber Insurance Insurance Ransomware Cyber Attacks 55

SC Magazine

MAY 24, 2021

In a report released May 20, the Government Accountability Office looked at how the private cybersecurity insurance market has developed over the past five yearsRich Baich is global chief information security officer for insurance giant AIG. Photo by Spencer Platt/Getty Images).

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Cyber Insurance Insurance Marketing Cyber Risk 94

Security Boulevard

JULY 30, 2022

Staying Ahead of the Distortion of a Cyber Attack? Each firewall, IDS, MFA, and email security is built to protect and stop cyber attacks. Given this fact, businesses should note the growing number of security issues and cyber threats. However, do most cybersecurity attacks happen the way it is portrayed?

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Cyber Attacks Artificial Intelligence Education Cyber Insurance 110

CyberSecurity Insiders

JANUARY 6, 2023

2022 clearly demonstrated that attacks on data represent the greatest cyber-threat organizations face. The attack pace not only continued, it accelerated. Many of these attacks took advantage of known vulnerabilities and security misconfigurations in storage and backup systems. Insurance Refusals and Rate Hikes.

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Backups Ransomware Insurance Cyber Insurance 136

Security Boulevard

JULY 17, 2021

The CNA ransomware attack that made the news in March this year has an extension to the story. The insurance giant revealed that the organization suffered a data breach following the ransomware attack. The post 75,000+ Customers Affected in CNA Ransomware Attack appeared first on Kratikal Blogs.

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Ransomware Insurance Data breaches Cyber Attacks 133

CyberSecurity Insiders

OCTOBER 23, 2022

The government of Iran suspects one of its neighboring nations as suspects as the cyber-attack on the nuclear energy organization took place after the death protests of 22-year-old Mahsa Amini. the company as it failed to protect its user data containing banking account info, insurance numbers, ethnic origin details and religion.

Cyber threats 58

Cyber threats Retail Insurance Encryption 58

CyberSecurity Insiders

APRIL 19, 2021

Hiscox Cyber Readiness Report 2021 states that most of the German firms are vulnerable to cyber attacks and are topping the list of the study group with a loss tally of $48 million. Researchers who conducted the survey concluded after gauging six key cyber security areas related to people, technology and processes.

Cyber Attacks 69

Cyber Attacks Cyber Insurance Insurance Cyber threats 69

The Last Watchdog

JULY 13, 2023

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. Paul Bantick, Group Head of Cyber Risks, Beazley said: “Business leaders are finding it a struggle to keep up with the constantly evolving cyber threat.

Cyber Risk 189

Cyber Risk Risk Insurance Energy and Utilities 189

CyberSecurity Insiders

OCTOBER 24, 2022

The education sector is increasingly vulnerable to simple and sophisticated cyber threats, and higher learning is especially vulnerable. 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. Cyber insurance.

Education 58

Education Cyber Attacks Cyber Insurance Insurance 58

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

OCTOBER 9, 2023

California, being a hub of innovation and home to numerous healthcare organizations, faces unique challenges in safeguarding sensitive patient information from cyber threats. The Growing Importance of Cybersecurity in California’s Healthcare Industry Cyber attacks are increasing in frequency and sophistication.

Healthcare 64

Healthcare Cybersecurity Cyber Attacks Cyber threats 64

SecureWorld News

FEBRUARY 6, 2024

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. A recent SEC filing put Clorox's six-month cyber incident cost at a staggering $49 million.

Insurance 94

Insurance Cyber Insurance Cyber Risk Cyber threats 94

CyberSecurity Insiders

MARCH 14, 2022

According to a report released by Accenture’s Cyber Threat Intelligence (ACTI), a noted hacking group supporting Russian invasion on Ukraine is aiming at the critical infrastructure operating in the West with file encrypting malware.

Ransomware 52

Ransomware Manufacturing Media Insurance 52

Cytelligence

SEPTEMBER 1, 2022

. – March 1, 2022 – CYPFER, a market leader in Cybersecurity and ransomware recovery advisory, today launched its new website: www.CYPFER.com. CYPFER executives and cybersecurity professionals regularly work the world’s prominent insurance carriers, leading law firms and Fortune 1000 organizations.

Insurance 52

Insurance Cyber Attacks Media Marketing 52

IT Security Guru

MAY 24, 2023

It helps to protect your organisation, workforce and clients from cyber-attacks. By doing this, you are reducing the chance of identity theft, data breaches, ransomware, and many other types of cyber threats. Your company is legally obliged to try and protect your staff and clients from such attacks.

Cybersecurity 43

Cybersecurity Cyber Insurance Cyber threats Identity Theft 43

IT Security Guru

JUNE 27, 2023

Six years have passed since the infamous NotPetya cyber attack sent shockwaves through the cybersecurity landscape. Initially disguised as ransomware, NotPetya quickly revealed its true destructive nature, spreading damage to businesses and governments around the world, resulting in billions of dollars in losses.

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Cyber Attacks Malware Ransomware Risk 100

SecureWorld News

DECEMBER 7, 2022

From advancements in artificial intelligence (AI) to the continued evolution of ransomware and cyberattacks, the coming year is sure to bring significant developments in the world of cybersecurity. This will put even more pressure on businesses to find and hire the talent they need to protect themselves from cyber threats.

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Cybersecurity Cyber Insurance Insurance Social Engineering 92

SecureWorld News

AUGUST 31, 2020

Ransomware attack shuts down California online learning. In Central California, the Selma Unified School District abruptly stopped online classes during the middle of the day because of a ransomware attack which was spreading across the district's network. Ransomware attack hits North Carolina schools.

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Ransomware Cryptocurrency Technology Insurance 67

SecureWorld News

JANUARY 21, 2024

Nonprofits often juggle tight budgets and unique operational demands, making it even more difficult to keep sensitive information safe—but here's the thing: you don't need a fortune to build a strong defense against the possible cyber threats out there. Because of this, it's crucial to understand the types of threats nonprofits face.

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Cybersecurity Backups Cyber threats Software 92

eSecurity Planet

SEPTEMBER 14, 2022

According to the 2021 IBM Threat Force Intelligence Index , Manufacturing was the industry most likely to be attacked last year, comprising 23.2% of cyber attacks IBM handled. Finance and insurance finished a close second at 22.4%. Phishing attacks made up 40% of all attacks in the sector.

Social Engineering 118

Social Engineering Energy and Utilities Phishing Scams 118

The Security Ledger

JULY 22, 2020

We also talk about how better instrumenting of information security can help companies get a grip on fast-evolving cyber risks like. » Related Stories Spotlight Podcast: Public Sector levels up to tackle Cyber Threats Risk Recordings Podcast with RSA: Exploring Digital Risk in Digital Transformation Third Party Cyber Risk is growing.

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CISO Cyber Risk Ransomware Risk 52

SecureWorld News

AUGUST 31, 2023

In 2022, the University of California, Los Angeles (UCLA) was hit by a ransomware attack that affected its IT systems. And in 2021, the University of Texas at Austin was hit by a phishing attack that led to the theft of personal information from students and faculty.

Internet 86

Internet Internet Identity Theft Insurance 86

DoublePulsar

DECEMBER 3, 2023

What it means — CitrixBleed ransomware group woes grow as over 60 credit unions, hospitals, financial services and more breached in US. This Fedcomp platform was not patched for CitrixBleed, as no Netscaler patches had been applied since May 2023: [link] A ransomware group gained entry to Trellance via Ongoing Operations.

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Ransomware Cybersecurity Healthcare Government 100

Security Boulevard

JUNE 26, 2023

Unfortunately, the increasing reliance on digital systems and capabilities has also attracted an ever-growing number of malicious actors seeking to defraud businesses through phishing , social engineering , or ransomware attacks. The end result of these types of cyber attacks are often highly public and damaging data breaches.

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Data breaches Healthcare Telecommunications Financial Services 52

Malwarebytes

OCTOBER 19, 2022

That means any attack on any computer is a potential jumping off point for an attack on the entire business. Trojans like Emotet and Agent Tesla can infiltrate deep into your organization, silently stealing sensitive information, while ransomware like LockBit can bring your entire business to a sudden, grinding halt.

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Passwords Ransomware Backups Cyber Insurance 67

CyberSecurity Insiders

NOVEMBER 29, 2021

How email-based cyber attacks work. Email-based attacks are not a new problem. For example, some of the most notorious email-related cyber attacks of the 1990s came through the propagation of the Melissa virus. Understanding email cyber attack strategies.

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Phishing Healthcare Data breaches Cyber Attacks 124

Webroot

JANUARY 20, 2021

In this Employee Spotlight, we talk to Account Development Executive, Jordan Gray, who works with C-level executives to integrate threat intelligence solutions within their environments. In 2018, I was looking for a career change away from insurance. Malware is the second big threat facing businesses.

Artificial Intelligence 43

Artificial Intelligence Marketing Identity Theft Cyber threats 43

Spinone

DECEMBER 26, 2018

Social engineering attacks , including phishing, spam, and viruses introduced via clickable links within e-mail affected 80% of the banking institutions in 2016. VoIP phishing and impersonation also victimized millions of corporate employees across the world , contributing to an even greater cyber threat.

Security Awareness 40

Security Awareness Risk Cyber threats Cyber Risk 40

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

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

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

The Last Watchdog

SEPTEMBER 20, 2019

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. Current attack trends add urgency, and catching up on doing basic security best practices isn’t enough. That’s long been true.

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Ransomware Government Firewall Cyber Insurance 153

eSecurity Planet

JUNE 7, 2022

Between high-profile ransomware attacks and mergers, it is a time of high stakes and great change for the industry. NINJIO prepares organizations to defend against cyber threats through their engaging, video-based training courses. It is used to avoid unauthorized data access, cyber-attacks, and identity theft.

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Cybersecurity Identity Theft Encryption Antivirus 113

SecureWorld News

MARCH 19, 2024

The recent ransomware attack on Change Healthcare, a major payment processor, has intensified the urgency for cybersecurity regulations in the healthcare sector, with industry resistance colliding with calls from lawmakers and cybersecurity experts for immediate action. Despite years of warnings about the vulnerability of the U.S.

Healthcare 95

Healthcare Cybersecurity Cyber threats Ransomware 95

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.

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Cybersecurity Cyber threats Insurance Artificial Intelligence 130

Spinone

DECEMBER 27, 2018

As digital business objectives accelerate the adoption of new technologies , drive innovation, and transform complex environments, the cyber threat landscape continues to evolve along with the increased compliance and regulatory pressure on enterprise-grade companies. Growth of automated and sophisticated cyber attacks.

Risk 60

Risk Cyber Risk Technology Marketing 60

eSecurity Planet

JUNE 1, 2021

“Using legitimate infrastructure is typically the ultimate goal for any attacker, so this was a bonus for Nobelium,” Sean Nikkel, senior cyber threat intel analyst at cybersecurity vendor Digital Shadows, told eSecurity Planet. ” Further reading: Cyber Insurers Pull Back Amid Increase in Cyber Attacks, Costs.

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Phishing Mobile Government Cybersecurity 70