Security Affairs

NOVEMBER 5, 2023

CISA adds two F5 BIG-IP flaws to its Known Exploited Vulnerabilities catalog Threat actors actively exploit F5 BIG-IP flaws CVE-2023-46747 and CVE-2023-46748 Pro-Hamas hacktivist group targets Israel with BiBi-Linux wiper British Library suffers major outage due to cyberattack Critical Atlassian Confluence flaw can lead to significant data loss WiHD (..)

Cyber Insurance 95

Cyber Insurance Cryptocurrency Internet Internet 95

Malwarebytes

FEBRUARY 3, 2023

As the reports covering all of 2022 start trickling in, we can see that cybercrime and other types of fraud had a major impact last year. ” Another report, called the ‘ State of cyber security in the UK ’, surveyed 500 UK-based cybersecurity strategy decision makers. More than half (58.2

Scams 82

Scams Banking Cyber Insurance Cybercrime 82

Cisco Security

JANUARY 10, 2023

As a result of this, next year we could see CISOs tightening up the disclosure decision making process, focusing on quicker and greater clarity on breach impact, and even looking to include personal liability cover in cyber insurance contracts. Increasing demands from insurers. How Zero Trust will progress.

CISO 127

CISO Insurance Cyber Insurance Phishing 127

Adam Levin

MARCH 2, 2020

And it wasn’t because the media paid more attention to this relative newcomer in the area of cybercrime. Cybersecurity experts are aligned on this point: Ransomware is a serious issue. Part of this can be blamed on the lack of cybersecurity skills available in the workforce. 1 Cyber Threat This Year.

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215

SC Magazine

JULY 13, 2021

Estimates show cybercrime will cause $6 trillion in global damages this year and is predicted to reach $10.5 The data supports a June Avanan report , which confirmed health care has been among the most targeted with phishing attacks during the first half of 2021, alongside the IT and manufacturing industries. Another 20.7%

Data breaches 113

Data breaches Insurance Healthcare Education 113

SecureWorld News

NOVEMBER 12, 2020

The European Union Agency for Cybersecurity (ENISA) just published its Threat Landscape 2020 report. It found cyber attacks becoming more sophisticated, targeted, widespread, and undetected. First, however, let's look at the top 15 cyber threats organizations face right now, according to the report: Malware. Web-based Attacks.

Cyber threats 106

Cyber threats Insurance Cyber Insurance Ransomware 106

BH Consulting

JUNE 13, 2023

Curated advice, guidance, learning and trends in cybersecurity and privacy, as chosen by our consultants. Verizon points out that cybercrime risk crosses all sectors regardless of industry vertical, but it provides 10 sectoral snapshots to help readers understand the threats in more depth.

Social Engineering 52

Social Engineering Data breaches Scams DDOS 52

Krebs on Security

JULY 24, 2018

Hackers used phishing emails to break into a Virginia bank in two separate cyber intrusions over an eight-month period, making off with more than $2.4 Now the financial institution is suing its insurance provider for refusing to fully cover the losses. million total. ”

Banking 192

Banking Insurance Computers and Electronics Cyber Insurance 192

SecureWorld News

MAY 5, 2023

Unfortunately, 'cybersecurity' is not a technical problem that can just be fixed with a patch, security update, change of code, or even a tool or service—no matter how great the tool or service may be—but is an ongoing battle with an active adversary that is countering every move and continuously probing for new weaknesses to exploit.

Ransomware 79

Ransomware Cyber Risk Cyber Insurance Social Engineering 79

Cytelligence

JANUARY 27, 2020

Ransomware is becoming an epidemic in the cybersecurity world, with new strains being created continuously by criminals to extort money out of unsuspecting users. Threat actors attack tactics include the following: Phishing – using a phishing email the workstation is infected and access provided to the ransomware threat actors.

Ransomware 53

Ransomware Cyber Insurance Insurance Encryption 53

SecureWorld News

NOVEMBER 22, 2021

According to the Federal Bureau of Investigation (FBI), losses due to BEC scams since 2013 total around $28 billion dollars and it is the most profitable cybercrime there is. If you have cyber insurance, will it cover some or all BEC incidents? That's where the value of a BEC Incident Response Plan (BEC-IRP) really shines. .

Scams 78

Scams Cybercrime Accountability Banking 78

SecureWorld News

APRIL 1, 2021

Ransomware has been one of the hottest topics in cybersecurity during the last year. This is the first factor mentioned in the report and addresses how cybercrime groups might be more organized than you would think. And now some researchers are labeling it the "perfect storm.". We will take a look at each of these contributing factors.

Ransomware 57

Ransomware Cyber Insurance Social Engineering Cybercrime 57

eSecurity Planet

FEBRUARY 16, 2021

Others go further in estimating ransomware will cost as much as $6 trillion per year starting in 2021 ( Cybersecurity Ventures ). The Ryuk ransomware family spawned in 2018 from a sophisticated Russia-based cybercrime group. The FBI estimates ransom payments per year exceed $1 billion ( Datto ). Recent attacks.

Ransomware 97

Ransomware Backups Software Encryption 97

Spinone

OCTOBER 13, 2020

It has been noted that paying a ransom demand only encourages this type of cybercrime and funds it. Cybersecurity insurance will offset the ransom. Another factor that can weigh into making the decision to pay the ransom demanded by ransomware is having cybersecurity insurance. Should You Pay the Ransom?

Ransomware 52

Ransomware Backups Data breaches Encryption 52