Remove Cyber Insurance Remove Cyber Risk Remove Data breaches Remove Encryption
article thumbnail

Cyber Insurance Costs Soaring: Is Your Organization Covered Enough?

SecureWorld News

In this digital battlefield, cyber insurance has emerged as a crucial shield, offering financial protection against data breaches, ransomware attacks, and other cyber incidents. This puts a strain on insurance companies, who are forced to adjust premiums to maintain solvency.

article thumbnail

Ransomware Attack Hits Carnival Cruise Corporation: What We Know

SecureWorld News

Securities and Exchange Commission, notifying the SEC of the data breach. Hackers encrypted some files. Hackers exfiltrated (removed) some data. The unauthorized access also included the download of certain of our data files. Ransomware attacks: another argument for cyber insurance?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ransomware Is the No. 1 Cyber Threat This Year. Here’s What You Can Do

Adam Levin

While the sophistication and methods of attack may vary, the short answer is that ransomware is a type of malware that encrypts critical data on a computer or computer network so that users can’t regain access without paying a “ransom.” Sometimes, these clowns don’t even know how to decrypt the data.

article thumbnail

The Surge of Double Extortion Ransomware Attacks

Pen Test

A particularly insidious new trend is the rise of "double extortion" attacks, in which cybercriminals not only encrypt an organization's data but also threaten to publicly release sensitive stolen information if the ransom is not paid. If organizations don't pay up, they lose access to their critical data and applications.

article thumbnail

34 Most Common Types of Network Security Protections

eSecurity Planet

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.

article thumbnail

Top Cybersecurity Startups to Watch in 2022

eSecurity Planet

GitGuardian is a developer favorite offering a secrets detection solution that scans source code to detect certificates, passwords, API keys, encryption keys, and more. Evervault is on a mission to make encrypting sensitive data seamless with its security toolkit for developers. Cowbell Cyber. Ubiq Security.