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. Additionally, securing internal documents with encrypted storage and using safe file-sharing platforms is crucial, especially when sharing externally.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

Duo's Security Blog

APRIL 25, 2022

For as long as organizations have existed to grow crops, move goods or produce items there have been insurance firms to help these markets survive cyclical events. Unsurprisingly, we are seeing more and more MFA requirements in cyber liability insurance policies as it has such a significant impact in reducing the chance of financial loss.

Insurance 115

Insurance Risk Marketing Authentication 115

CyberSecurity Insiders

MARCH 24, 2021

United States largest insurance provider CAN Insurance has become a recent victim to a cyber attack making its website and services inaccessible to users from the past three days. The insurance company has acknowledged the issue on Wednesday and admitted that some of its systems were disrupted by cyber attack.

Insurance 75

Insurance Ransomware Cyber Attacks Encryption 75

SecureWorld News

DECEMBER 4, 2023

Fidelity National Financial (FNF), one of the largest title insurance providers in the United States, announced on November 21 that it fell victim to a sophisticated cyberattack. Disruptions to real estate transactions: Cyberattacks can disrupt real estate transactions, causing delays, cancellations, and title insurance claims.

Cyber Attacks 118

Cyber Attacks Insurance Ransomware Education 118

Krebs on Security

OCTOBER 28, 2020

Five months later, Gunnebo disclosed it had suffered a cyber attack targeting its IT systems that forced the shutdown of internal servers. That’s because gaining the initial foothold is rarely the difficult part of the attack. He declined to comment on the particulars of the extortion incident.

Hacking 357

Hacking Ransomware Banking Accountability 357

CyberSecurity Insiders

APRIL 27, 2021

A statement released by the company states that the Gyrodata servers were hit by a file-encrypting malware spread by REvil ransomware group and a portion of data was accessed and stolen by the hacker/s. . The post Ransomware Cyber Attack on Mining firm Gyrodata appeared first on Cybersecurity Insiders.

Cyber Attacks 92

Cyber Attacks Ransomware Insurance Cyber threats 92

Duo's Security Blog

FEBRUARY 4, 2025

With the rate that new threats emerge, it may come as no surprise that cyber liability insurance can be traced back to 1997. In its modern iteration, cyber liability insurance mitigates the losses and business costs associated with cyber incidents and resulting downtime. What would an insurer do?

Cyber Insurance 64

Cyber Insurance Insurance Authentication Risk 64

Security Affairs

NOVEMBER 26, 2020

Ritzau, the biggest Danish news agency, was hit by a ransomware attack that brought it offline but refused to pay the ransom. Ritzau , the biggest Danish news agency, was hit by a ransomware attack that brought it offline. The cyber attack hit a quarter of Ritzau ’s 100 servers that have been damaged. Pierluigi Paganini.

Ransomware 142

Ransomware Insurance Cyber Attacks Encryption 142

CyberSecurity Insiders

OCTOBER 6, 2022

Lloyd’s London, a leading insurance trader in the world, has apparently experienced cyber attack that is currently being deeply probed. The company issued a press statement that it has hired a cyber experts team to investigate the incident and those behind the attack.

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Ransomware Cyber Attacks Insurance Encryption 125

Security Affairs

NOVEMBER 14, 2022

The size of the cyber risk to companies cannot be underestimated. To indicate the size of the cyber risk to companies, there is, on average, a cyber-attack every 39 seconds, which does not mean that every attack is successful, but that there is an attempt to access companies’ computer systems with that frequency.

Cyber Risk 143

Cyber Risk Insurance Cyber Attacks Risk 143

CyberSecurity Insiders

JUNE 3, 2022

Healthcare providers are opting to pay a ransom in the event of ransomware attacks, instead of recovering it from data backups. The reason is as it is easy and guarantees 100% encrypted data return- Of course, as per their perspective!

Healthcare 120

Healthcare Ransomware Insurance Backups 120

The Last Watchdog

OCTOBER 14, 2019

In another case, a device management tool was deployed in a hospital and used the WiFi network to insure data privacy, as it provisioned connected devices. But ExtraHop noticed that the tool also opening encrypted connections to vendor-owned cloud storage, a major HIPAA violation.

Cyber Attacks 133

Cyber Attacks Cloud Migration Digital transformation Surveillance 133

SecureWorld News

NOVEMBER 12, 2020

Sometimes when you are down in the cyber attack trees defending your organization, it can be tough to see the cyber threat forest. And now we have brand new research coming from the EU which unpacks the top cyber threats as they stand now. What are the top cyber threats right now? Trends in Malware attacks.

Cyber threats 128

Cyber threats Insurance Cyber Insurance Ransomware 128

CyberSecurity Insiders

SEPTEMBER 21, 2021

As soon as we hear or read about a ransomware attack on a company, we are in a state of mind that the business needs to pay only the ransom in order to avoid a loss to its data continuity on a permanent loss. But we never think or bother about the hidden/unexpected costs that a file encrypting malware attack brings with it.

Ransomware 116

Ransomware Cyber Insurance Insurance Cyber Attacks 116

The Last Watchdog

OCTOBER 26, 2021

With digital transformation leading to a boom in the use of digital certificates, our bedrock authentication and encryption framework is at an inflection point, where the demand and adoption of automation is set to rapidly accelerate to keep up with technology requirements.

Digital transformation 230

Digital transformation eCommerce Internet Internet 230

CyberSecurity Insiders

JULY 20, 2022

Interestingly, the public disclosure made on the official website did not mention any details about the Black Basta Ransomware attack. But it linked the disruption to a cyber attack that was supposed to affect supply delays to customers and partners.

Ransomware 114

Ransomware Insurance Cryptocurrency Cyber Attacks 114

eSecurity Planet

JUNE 7, 2022

The solution includes cloud sandboxing technology, preventing zero-day threats, and full disk encryption capability for enhanced data protection. ESET Protect Advanced complies with data regulation thanks to full disk encryption capabilities on Windows and macOS. Get started today! Learn more about ESET PROTECT Advanced. CyberProof.

Cybersecurity 127

Cybersecurity Identity Theft Encryption Antivirus 127

IT Security Guru

JUNE 17, 2024

Data Breach and Privacy Concerns Most ransomware attacks often involve data theft before encrypting the victim’s data. These attacks can have cascading effects that impact public safety and national security. Some insurers are scaling back their coverage of ransomware or increasing premiums.

Ransomware 137

Ransomware Insurance Risk Backups 137

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. Cyber insurance. Albuquerque, New Mexico hit with a one-two punch. Conclusion.

Education 58

Education Cyber Attacks Cyber Insurance Insurance 58

CyberSecurity Insiders

SEPTEMBER 21, 2022

Interestingly, the accessed records by the threat actors include health info, health insurance records, Social Security Numbers, and Driving License numbers of customers. Last is the news about the Russian-Ukraine war.

Malware 121

Malware Telecommunications Insurance Ransomware 121

CyberSecurity Insiders

DECEMBER 22, 2022

Australia’s telecom networks (Optus) along with an insurance brand(Medibank) were hit by a ransomware attack recently and now an educational institute is ready to join the list. Royal is a newly developed file encrypting malware and was supposed to attack public and private entities in the United States of America.

Technology 97

Technology Ransomware Insurance Education 97

SecureWorld News

MARCH 30, 2023

Joseph Carson, Chief Security Scientist and Advisory CISO at Delinea : "World Backup Day is a reminder for all organizations to review their backup strategy and ensure it is resilient against cyber attacks. Because when it comes to cyber attacks, the question is not if, but when.

Backups 98

Backups Insurance Cyber Attacks CISO 98

CyberSecurity Insiders

DECEMBER 18, 2022

Ransomware attacks are ever-evolving, and as cloud adoption and reliance continue to surge, attackers will continue to follow the data. In 2023, we are likely to see an increase in cloud-enabled data exfiltration in ransomware scenarios in lieu of encryption.

Cybersecurity 125

Cybersecurity CISO Insurance Ransomware 125

CyberSecurity Insiders

SEPTEMBER 14, 2022

The research carried out by Barracuda networks confirmed that most cyber attacks of ransomware genre do not make it to the news headlines as the CFOs,CTOs and CIOs hide the news because of the fear of losing a job.

Ransomware 115

Ransomware Healthcare Insurance Education 115

eSecurity Planet

FEBRUARY 11, 2022

The simplest example may be insurance. Life, health, auto, and other insurance are all designed to help a person protect against losses. As the volume and severity of cyber attacks grow, the need for cybersecurity risk management grows with it. Advanced Encryption. Enhancing Risk Management.

Risk 145

Risk Cybersecurity Encryption Technology 145

Joseph Steinberg

JANUARY 18, 2024

Cybersecurity measures, including robust encryption, secure authentication protocols, and regular security audits, can, of course, be utilized as part of a formidable defense against unauthorized access – but no security technologies should be deployed ad-hoc; security must be well planned and implemented carefully.

Cybersecurity 169

Cybersecurity Education Cyber Attacks Risk 169

SecureWorld News

JULY 28, 2020

NASDAQ: GRMN), today announced it was the victim of a cyber attack that encrypted some of our systems on July 23, 2020.”. Data and screenshots reveal that ransomware strain WastedLocker is behind the attack. Did it hire a ransomware recovery firm to act as a middleman or perhaps its insurance policy paid a ransom?

Ransomware 74

Ransomware Cyber Attacks Encryption Insurance 74

Joseph Steinberg

JANUARY 18, 2024

Cybersecurity measures, including robust encryption, secure authentication protocols, and regular security audits, can, of course, be utilized as part of a formidable defense against unauthorized access – but no security technologies should be deployed ad-hoc; security must be well planned and implemented carefully.

Cybersecurity 161

Cybersecurity Education Cyber Attacks Risk 161

The Last Watchdog

OCTOBER 5, 2023

Kapczynski Erin: Could you share your thoughts on the role of artificial intelligence, machine learning and the growth of IoT devices in both cyber defense and cyberattacks? Erin: Do you think cyber insurance should play a bigger role in companies’ cybersecurity strategies? Byron: It’s an important risk management tool.

Cyber threats 203

Cyber threats Cyber Insurance Threat Detection Cybersecurity 203

IT Security Guru

JUNE 27, 2023

Six years have passed since the infamous NotPetya cyber attack sent shockwaves through the cybersecurity landscape. Six years later, the impact of the NotPetya attack is still being felt, and the lessons learned from this incident continue to shape the way we approach cybersecurity.

Cyber Attacks 104

Cyber Attacks Malware Ransomware Risk 104

CyberSecurity Insiders

JULY 19, 2022

According to a notice from PFC, attackers stole confidential patient information including patient names, addresses, and outstanding account balances. PFC said in some cases, SSNs and information about health insurance and medical treatment were also stolen.

Healthcare 105

Healthcare Ransomware Encryption Penetration Testing 105

eSecurity Planet

MARCH 17, 2023

Managed Detection and Response Product Guide Top MDR Services and Solutions Encryption Full disk encryption, sometimes called whole disk encryption, is a data encryption approach for both hardware and software that involves encrypting all disk data, including system files and programs.

Network Security 120

Network Security Penetration Testing Firewall Software 120

Cisco Security

OCTOBER 18, 2021

Cyber hygiene is an essential aspect of effective risk management, and it must be continuous. Backup all critical data at least daily, and preferably more often, to offline storage and protected with MFA and immutable encryption. Having insurance and the ability to pay a ransom is not the answer! Frameworks.

Cybersecurity 143

Cybersecurity CISO Insurance Risk 143

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. Additionally, securing internal documents with encrypted storage and using safe file-sharing platforms is crucial, especially when sharing externally.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

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. There are several methods of delivering ransomware attacks.

Ransomware 98

Ransomware Backups Encryption Malware 98

Identity IQ

JULY 8, 2024

Credential stuffing exploits the common practice of reusing passwords across multiple sites, allowing attackers to gain unauthorized access to various accounts using the same credentials. Instead, use encrypted digital storage options. Protective Measures In response to this breach, password best practices are more important than ever.

Passwords 104

Passwords Identity Theft Data breaches Password Management 104

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 120

Social Engineering Energy and Utilities Phishing Internet 120