Cytelligence

JANUARY 27, 2020

Cybercriminals or threat actors release a kind of malware which enters a computer system or network through fraudulent means and locks down files from access by encrypting them until a demanded ransom is paid to hackers in return for a decryption key. The need for cyber insurance for companies will increase significantly in 2020.

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SecureWorld News

NOVEMBER 12, 2020

67%_of malware was delivered via encrypted HTTPS connections. Specific examples of how the cyber threat landscape is shifting. The EU researchers uncovered the following insightful information: 13%_increase in Windows malware detections at business endpoints globally. 46,5%_of all malware in e-mail messages found in ‘.docx’

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SecureWorld News

NOVEMBER 1, 2021

"Our internet economy has inadvertently created a digital ecosystem absolutely crucial to today's society, and yet so systemically vulnerable that clicking the wrong link can allow in intruders who encrypt your data and demand a ransom to restore it.". The path to better cybersecurity. Secret Service Assistant Director Jeremy Sheridan.

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Malwarebytes

JANUARY 15, 2023

The real world impact of cybercrime rears its head once more, with word that 14 schools in the UK have been caught out by ransomware. As we’ve seen recently, cyber insurance is no guarantee of avoiding a ransomware pitfall either with refusal of payout being decided in a court of law. Backup your data.

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eSecurity Planet

FEBRUARY 16, 2021

All of your files are encrypted with RSA-2048 and AES-128 ciphers.” ” Or you might see a readme.txt stating, “Your files have been replaced by these encrypted containers and aren’t accessible; you will lose your files on [enter date] unless you pay $2500 in Bitcoin.” IMPORTANT INFORMATION !!!

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SecureWorld News

APRIL 1, 2021

This is the first factor mentioned in the report and addresses how cybercrime groups might be more organized than you would think. The data that has been stolen or encrypted is essential to operations and without it, even for a short time, the organization could fail. We will take a look at each of these contributing factors.

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Thales Cloud Protection & Licensing

AUGUST 11, 2021

Too many businesses cannot continue their activities until they recover the data encrypted by ransomware. Many collaborative platforms can help you recover the data encrypted by ransomware. Your own systems may fail to process the encryption key. And do not forget about data encryption, both data in transit and static.

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Spinone

OCTOBER 13, 2020

Whether it is synchronized files from on-premises to cloud environments or the risk of encryption of cloud email, ransomware is a real threat to your data. SamSam’s specialty is breaking into networks and encrypting multiple computers across an organization and then demanding a very high-value ransom, totalling in the millions.

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Adam Levin

MARCH 2, 2020

And it wasn’t because the media paid more attention to this relative newcomer in the area of cybercrime. In fact, the criminal may leave the data encrypted after stealing it and put it up for sale on the dark web or simply use it in the commission of a crime. What Is Ransomware? It doesn’t always go down that way.

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Krebs on Security

MARCH 4, 2022

.” Conti managers were hyper aware that their employees handled incredibly sensitive and invaluable data stolen from companies, information that would sell like hotcakes on the underground cybercrime forums. For now, take a look at the documents and see if there is insurance and bank statements.” “We are Conti Group.

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SecureWorld News

MAY 12, 2020

If the law firm had cyber insurance, the policy may cover part of a ransom payment. When Florida cities paid more than a million dollars to ransomware operators in 2019, insurance covered most of it. In the past, ransomware gangs encrypted corporate data so it was unreadable. Related podcast on cybercrime sophistication.

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