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. The cyberattack on FNF highlights the growing vulnerability of the real estate industry to cyber threats. FNF's claim of having 'contained' the attack by Nov.

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Cyber Attacks Insurance Ransomware Education 97

CyberSecurity Insiders

APRIL 27, 2021

Gyrodata that offers technology services to mining companies was hit by a ransomware cyberattack early this year. 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. .

Cyber Attacks 92

Cyber Attacks Ransomware Insurance Cyber threats 92

Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. As cyber criminals mature and advance their tactics, small and medium businesses become the most vulnerable because they lack the capacity – staff, technology, budget - to build strong cyber defenses. The necessity for cyber-insurance coverage.

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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.

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Cyber Insurance Insurance Ransomware Cyber Attacks 55

Security Affairs

APRIL 22, 2022

When security fails, cyber insurance can become crucial for ensuring continuity. Cyber has changed everything around us – even the way we tackle geopolitical crisis and conflicts. Our reliance on digital technology and the inherited risk is a key driving factor for buying cyber risk insurance.

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SC Magazine

JUNE 28, 2021

The rise of the cyber insurance has largely failed to promote better cybersecurity practices among the industries they cover, according to a new report released Monday from British security think tank RUSI. Growing losses from ransomware attacks have…emphasized that the current reality is not sustainable for insurers either.

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Cyber Insurance Insurance Ransomware Marketing 136

CyberSecurity Insiders

SEPTEMBER 29, 2021

London based Giant Group has confirmed that its IT infrastructure was suffering repercussions gained through a cyber attack on September 24th,2021 and all its phone, email and other payroll related servers were facing digital disruption.

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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.

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Ransomware Cyber Insurance Insurance Technology 142

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. But worryingly they appear less concerned by cyber risk than a couple of years ago.

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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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CyberSecurity Insiders

JANUARY 6, 2023

By Doron Pinhas, Chief Technology Officer, Continuity. 2022 clearly demonstrated that attacks on data represent the greatest cyber-threat organizations face. The attack pace not only continued, it accelerated. Job dissatisfaction and surging unemployment across the technology sector is likely to spur more insider threats.

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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 we discussed on the webinar, it's undoubtedly our common adversary, ransomware. So how do insurers get hold of that kind of insight?

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SecureWorld News

DECEMBER 14, 2023

Unidentified attackers gained unauthorized access to Fred Hutch's clinical network, compromising the personal information of an estimated 800, 000 patients. This information included names, Social Security numbers, phone numbers, medical history, lab results, and insurance history. In June, St.

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Cyber Attacks Healthcare Identity Theft Insurance 91

Security Affairs

DECEMBER 16, 2023

The Hunters International ransomware gang claims to have hacked the Fred Hutchinson Cancer Center (Fred Hutch). Another healthcare organization suffered a ransomware attack, the Hunters International ransomware gang claims to have hacked the Fred Hutchinson Cancer Center (Fred Hutch). ” reported the Seattle Times.

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SecureWorld News

MAY 26, 2021

New research reveals that a record number of organizations are buying cyber insurance policies as a tool for protecting themselves against cyber risk. However, the cost for those policies is rising dramatically as cyber insurance premiums soar up to 30% vs. the previous year. cyber insurance market.

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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.

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Cyber Attacks Cyber Insurance Insurance Cyber threats 69

CyberSecurity Insiders

SEPTEMBER 14, 2022

million ransomware attacks were launched so far in this year. And as per an estimate, most of the targets were businesses operating in healthcare, finance, education, utilities and technology sectors. Fifth is the news related to a judicial form named Warner Norcross &Judd (WNJ) that reported a ransomware incident yesterday.

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CyberSecurity Insiders

OCTOBER 23, 2021

By tapping into the advanced capabilities of our IT scanning technology, we’re proud to share actionable data to increase awareness around the current state of cyber risk technology and help eliminate the impact of adverse events — especially as we approach the end of a pivotal year,” said Madhu Tadikonda, President of Corvus Insurance. “We

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Insurance Cyber Risk Technology Ransomware 59

The Last Watchdog

AUGUST 12, 2019

In the last year, the news media has been full of stories about vicious cyber breaches on municipal governments. From Atlanta to Baltimore to school districts in Louisiana, cyber criminals have launched a wave of ransomware attacks on governments across the country.

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Cyber Attacks Small Business Government Insurance 147

Security Affairs

JULY 6, 2020

Systems at Xchanging, a subsidiary of Global IT services and solutions provider DXC Technology was hit by ransomware over the weekend. Global IT services and solutions provider DXC Technology disclosed a ransomware attack that infected systems at its Xchanging subsidiary. Securities and Exchange Commission (SEC).

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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.

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CyberSecurity Insiders

OCTOBER 26, 2022

The impact of ransomware attacks on businesses is twofold. Not only do businesses have to grapple with the impact of actual attacks, but they also must continue to prepare for the possibility of additional attacks. The Dangers of Ransomware Attacks. By Rajesh Ram, Chief Strategy Officer at Egnyte.

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Ransomware Cyber Insurance Insurance Risk 120

SecureWorld News

OCTOBER 18, 2022

But SecureWorld did just that on October 13th when we spoke with Theresa Payton on the topic of "Ransomware: Malware as an Ongoing Email Issue." The Remote Sessions webcast, available to watch on-demand , is the final installment of a three-part series on modern email attacks sponsored by Abnormal Security. Box in Panama.

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Krebs on Security

OCTOBER 28, 2020

In March 2020, KrebsOnSecurity alerted Swedish security giant Gunnebo Group that hackers had broken into its network and sold the access to a criminal group which specializes in deploying ransomware. Five months later, Gunnebo disclosed it had suffered a cyber attack targeting its IT systems that forced the shutdown of internal servers.

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Thales Cloud Protection & Licensing

FEBRUARY 15, 2023

The Pain of Double Extortion Ransomware divya Thu, 02/16/2023 - 06:10 Ransomware perpetrators are adopting more sophisticated attack techniques with much success. Attackers are increasingly threatening double and triple extortion in addition to ransom demands, putting more pressure on victims to comply.

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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? Ransomware. Cryptojacking.

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Cyber threats Insurance Cyber Insurance Ransomware 107

CyberSecurity Insiders

MARCH 2, 2022

A recent online survey conducted for Hartford Steam Boiler Inspection and Insurance Company (HSB) suggests that over 74% of prospective owners of Electric Vehicles(EVs) are in a fear that their vehicles might fall prey to ransomware, state funded campaigns and other variants of cyber attack when connected to public charging stations.

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Cyber threats Cyber Attacks Retail Insurance 111

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.

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Thales Cloud Protection & Licensing

MAY 9, 2022

One Year Later: What Have We Learned Since the Colonial Pipeline Attack. It is hard to believe that it has already been one year since the Colonial Pipeline ransomware attack that forced the U.S. This attack was one of the biggest ransomware ones to date. Cyber insurance coverage ramps up. east coast.

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Cyber Insurance Insurance Backups Ransomware 71

SecureWorld News

MARCH 30, 2023

World Backup Day is an annual celebration held by the backup technology industry to encourage people to back up their data and avoid the risk of losing it forever. If possible, this should be kept separate from the original data and shielded so that any cyber attack cannot spread to the backup copy.

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Backups Insurance Cyber Attacks CISO 94

Cytelligence

OCTOBER 9, 2023

The healthcare industry has witnessed a rapid digital transformation, with hospitals, clinics, and medical practices relying heavily on technology to store and manage patient data, streamline operations, and improve patient care. Patient records, insurance information, and intellectual property are just a few examples.

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Healthcare Cybersecurity Cyber Attacks Cyber threats 64

The Last Watchdog

OCTOBER 5, 2023

Byron: I was initially drawn to cybersecurity as a USA TODAY technology reporter assigned to cover Microsoft. Erin: What cybersecurity technologies are you most excited about right now? Erin: What are some of the biggest cyber threats that businesses face today? Erin: How has the ransomware threat evolved in recent years?

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Cyber threats Cyber Insurance Cybersecurity Threat Detection 203

eSecurity Planet

SEPTEMBER 14, 2022

To this end, some impressive technology has been created to combat the technological side of the issue, to keep hackers and similar bad actors from accessing data and account privileges they shouldn’t. However, the technological side of cybersecurity is no longer the weakest link in a company’s proverbial chain. Individuals.

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Social Engineering Energy and Utilities Phishing Scams 118

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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SecureWorld News

DECEMBER 7, 2022

As the world becomes increasingly reliant on technology, cybersecurity remains a top priority for individuals, businesses, and governments alike. 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.

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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.

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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. The Role Of Cybersecurity Insurance In A Predictive Security.

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