CyberSecurity Insiders

AUGUST 26, 2022

Lloyd’s London, one of the largest insurance services providers in the world, has disclosed that it is making amendments to its cyber insurance laws that will come into effect from March 2023. All insurance companies exclude the risks inferred from war like situations.

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Cyber Insurance Insurance Cyber Attacks Risk 90

The Security Ledger

MAY 16, 2024

In this Spotlight Podcast, host Paul Roberts talks with Chris Walcutt, the CSO of DirectDefense about the rising cyber threats facing operational technology (OT) and how organizations that manage OT - including critical infrastructure owners can best manage increased cyber risks to OT environments.

CSO 52

CSO Risk Energy and Utilities Social Engineering 52

SecureWorld News

DECEMBER 4, 2023

The incident caused widespread disruptions to FNF's operations, affecting title insurance, escrow, and other title-related services, as well as mortgage transactions and technology for the real estate and mortgage industries. The cyberattack on FNF highlights the growing vulnerability of the real estate industry to cyber threats.

Cyber Attacks 102

Cyber Attacks Insurance Ransomware Education 102

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 112

CyberSecurity Insiders

FEBRUARY 23, 2021

A survey taken up by CrowdStrike has confirmed that there would probably be an increase in cyber attacks from North Korea as the nation is struggling with economic crisis and food shortage in the nation because of the corona-virus pandemic.

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Cyber Attacks Healthcare Cryptocurrency Banking 104

CyberSecurity Insiders

JUNE 14, 2022

Microsoft Exchange Servers are being targeted by those spreading BlackCat Ransomware and information is out that the hackers are seen exploiting unpatched vulnerabilities on the systems to induct the said file encrypting malware.

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Ransomware Cyber Attacks Healthcare Encryption 128

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.

Insurance 72

Insurance Risk Cyber Insurance Cybersecurity 72

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

eSecurity Planet

JANUARY 18, 2024

When assessing the overall security of cloud storage and choosing a solution tailored to your business, it helps to determine its features, potential risks, security measures, and other considerations. CSP collaboration improves the security environment where there’s a need to mitigate the emerging risks quickly and comprehensively.

Risk 125

Risk Backups Encryption DDOS 125

SecureWorld News

DECEMBER 6, 2023

The proposed regulations, designed specifically for hospitals, establish a robust framework for cybersecurity risk management and incident response. 500 million in funding for healthcare information technology: This funding will support the acquisition of cybersecurity tools, training, and IT modernization.

Cyber Attacks 88

Cyber Attacks Healthcare Computers and Electronics Financial Services 88

CyberSecurity Insiders

JUNE 7, 2023

Here are three risk mitigation imperatives that can help organizations get a better handle on these latest risks and threats. The latest bill to address data threats is the RESTRICT Act , also known as the Restricting the Emergence of Security Threats that Risk Information and Communications Technology Act.

Risk 118

Risk Artificial Intelligence Technology Digital transformation 118

Thales Cloud Protection & Licensing

APRIL 25, 2022

How to protect healthcare and life-sciences data from a cyber attack pandemic. Once slow to adopt new technologies, healthcare-related industries have been rapidly embracing digitalization to enable patient-centric care that is more effective for patients and safer for patients, healthcare professionals and researchers.

Healthcare 71

Healthcare Cyber Attacks Big data IoT 71

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. It is not of a matter of “if” but “when.”

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Cyber Attacks Small Business Government Insurance 147

CyberSecurity Insiders

MAY 17, 2022

Omnicell, an American healthcare technology provider has released a press statement that its IT Infrastructure was targeted by ransomware early this month, affecting its internal systems severely. The post Ransomware Attack on Omnicell appeared first on Cybersecurity Insiders.

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Ransomware Retail Healthcare Cyber Attacks 102

IT Security Guru

AUGUST 17, 2023

The 2023 Edition of the National Risk Register predicts that, in the next two years, there is a 5 to 25% chance that a devastating attack will target critical infrastructure and cause physical harm. FMIs are considered high-profile targets for cybercriminals, and as such, must be resilient to significant cyber incidents.

Risk 98

Risk Healthcare Passwords Government 98

Joseph Steinberg

AUGUST 5, 2021

One of the important concepts about which people must be aware when evaluating their cybersecurity postures and related liabilities, but which, for some reason, many folks seem to be unaware, is the difference between first-party risks and third-party risks. First-Party Risks And Coverage. Third-Party Risks And Coverage.

Insurance 141

Insurance Risk Data breaches Artificial Intelligence 141

Security Affairs

AUGUST 21, 2021

The US Cybersecurity and Infrastructure Security Agency (CISA) released guidance on how to prevent data breaches resulting from ransomware attacks. “All organizations are at risk of falling victim to a ransomware incident and are responsible for protecting sensitive and personal data stored on their systems.

Data breaches 113

Data breaches Ransomware Backups Technology 113

CyberSecurity Insiders

APRIL 4, 2023

Social engineering – specifically malicious cyber campaigns delivered via email – remain the primary source of an organization’s vulnerability to attack. This rises to over half (51%) in the financial services industry and 41% in the legal industry , adding another layer of security risk that isn’t malicious.

Cyber Attacks 119

Cyber Attacks Social Engineering Scams Phishing 119

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

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 115

Risk Cyber Risk Cyber Attacks Government 115

Security Affairs

APRIL 22, 2022

When Einstein was asked what a war will look like in the future, he couldn’t have predicted the importance of digital technology for modern societies. 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.

Cyber Insurance 87

Cyber Insurance Insurance Risk Technology 87

Security Affairs

DECEMBER 26, 2023

Key trends: 1️ Increased Ransomware Activity Targeting Public Companies Ransomware groups are poised to intensify their focus on publicly-traded organizations. This strategy goes beyond just deploying the latest technologies to combat AI and mobile threats. Recent U.S.

Cyber threats 120

Cyber threats Energy and Utilities Artificial Intelligence Cyber Attacks 120

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

Security Boulevard

SEPTEMBER 9, 2022

National Critical Infrastructure Under Attack: Clop Ransomware. This is another NCI nation-state ransomware attack. The recent criminal cyber activity on the IT infrastructure on Monday caused a U.K. According to a report on Bleepingcomputer, the Clop ransomware gang claimed responsibility for an attack on a U.K.

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Ransomware IoT Internet Internet 98

Security Affairs

FEBRUARY 21, 2023

The details about this activity have been shared with the affected parties and national computer emergency response teams in China and Singapore respectfully for further analysis and risk mitigation. Many of them interpreted it as a significant risk to their supply chain and initiated further incident response.

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Cyber Attacks Passwords Cybersecurity Risk 92

CyberSecurity Insiders

MARCH 13, 2022

Ransomware continues to dominate the headlines. executives say ransomware currently poses a “major concern” to their organization. One of the top cyber threats currently affecting companies is called ‘phishing’, in which a threat actor poses as a legitimate business colleague but follows up with a ransomware attack.

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Ransomware Backups Software CISO 131

The Security Ledger

MAY 25, 2022

about his firm’s discovery of a string of critical security flaws in an autonomous medical robot, TUG, that is already deployed in hundreds of clinical settings and the growing issue of medical device insecurity and cyber risks to healthcare. Daniel Brodie is the Chief Technology Officer at Cynerio. Robots Driving Cyber Risk.

Cyber Risk 75

Cyber Risk Healthcare Risk Cyber Attacks 75

The Last Watchdog

SEPTEMBER 7, 2022

The internet has drawn comparisons to the Wild West, making ransomware the digital incarnation of a hold-up. Related: It’s all about ‘ attack surface management ‘ However, today’s perpetrator isn’t standing in front of you brandishing a weapon. A typical attack. Ransomware usually starts with a phishing email.

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Ransomware Education Financial Services Phishing 124

The Last Watchdog

APRIL 13, 2022

Cybercrime is big business as global losses to ransomware are projected to reach $42 billion within the next two years.The economic sanctions that many nations have put in place to influence Russia will most likely trigger an increase in the illicit business of cybercrime to help offset losses to what was legitimate trade.

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Cybersecurity Cybercrime Education Passwords 214

Security Boulevard

AUGUST 7, 2022

Security Risk by Accepting Policy Exceptions. The action called for a 120-day study by the CISA on the various attack vectors impacting the K-12 school districts. Additional mandates include recommendations to deal with malware and ransomware. Additional mandates include recommendations to deal with malware and ransomware.

Risk 69

Risk Insurance Ransomware Education 69

CyberSecurity Insiders

JANUARY 11, 2023

As the maritime sector has become extremely dependent on technology tools, it is also attracting the attention of cyber criminals who are finding it as a lucrative target to mint money. Adding fuel to this are the vulnerabilities being observed in the system visibility tools that are being deployed because of OT/IT convergence.

Software 126

Software Cyber Attacks Cyber Risk Ransomware 126

eSecurity Planet

JUNE 30, 2023

Nearly half of EDR tools and organizations are vulnerable to Clop ransomware gang tactics, according to tests by a cybersecurity company. The continuous threat exposure management (CTEM) vendor tested to see if organizational controls would recognize the Indicators of Compromise (IoCs) of Clop ransomware attacks.

Ransomware 104

Ransomware Backups Passwords Software 104

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

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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Ransomware Insurance CISO Social Engineering 92

SecureWorld News

SEPTEMBER 22, 2021

Cybersecurity professionals have long been discussing the role of cryptocurrency in the rise of ransomware attacks. Virtual currency is easy to transfer across country borders, making it the currency of choice for most ransomware gangs. counter-ransomware initiative. Cost of ransomware in the United States.

Ransomware 63

Ransomware Cryptocurrency Cyber Attacks Government 63

SecureWorld News

JANUARY 25, 2021

But now, WestRock, America's second largest packaging company, says its network and production are disrupted because of a ransomware attack. The WestRock Company announced on January 23 that it had detected a ransomware incident which may have a material impact on earnings. WestRock ransomware incident.

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Ransomware Technology CISO Manufacturing 91

Security Affairs

SEPTEMBER 20, 2020

National Cyber Security Centre (NCSC) has issued an alert about a surge in ransomware attacks targeting education institutions. National Cyber Security Centre (NCSC), has issued an alert about a surge in ransomware attacks against education institutions. PowerShell) to easily deploy tooling or ransomware.

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Education Ransomware Antivirus Backups 145