Duo's Security Blog

OCTOBER 18, 2022

By this point, we’re all familiar with the list of requirements for a strong password: unique, long, memorable, free from any personal information… But even the strongest passwords can pose a risk if they’re the only thing standing between your users and enterprise content. trillion USD annually by 2025?

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Insurance Passwords Cyber Insurance Authentication 54

The Last Watchdog

OCTOBER 5, 2023

Acohido to share his ideas about the current cyber threat landscape, the biggest threats for businesses today, the role of AI and machine learning in cyberattacks and cyberdefence, and the most effective methods for companies to protect themselves. He previously chronicled the emergence of cybercrime while covering Microsoft for USA TODAY.

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Cyber threats Cyber Insurance Cybersecurity Threat Detection 203

CyberSecurity Insiders

JUNE 22, 2023

Instead, the ransom pay can be covered from a cyber insurance policy, provided it is taken prior to the launch of the attack and covers the costs associated with the malware attack. Nope, says a renowned international bank from UK. They can provide guidance on how to proceed and may be able to assist in the investigation.

Ransomware 96

Ransomware Banking Cyber Insurance Insurance 96

SecureList

NOVEMBER 9, 2022

The ongoing geopolitical storm brings not only classical cyberthreats for business, but also unpredictable risks and ‘black swans’ The main problem for 2023 will be supply-chain stability and cybersecurity. We can therefore expect that cybercrime groups from either block will feel safe to attack companies from the opposing side.

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Cybersecurity Cyber Insurance Cybercrime IoT 122

Webroot

SEPTEMBER 7, 2023

Cybercrime is on the rise. billion to data breaches and cybercrime. billion to data breaches and cybercrime. This is all happening while companies are spending trillions digitizing their business operations and trying to obtain secure cyber insurance while keeping up with regulatory changes in GDPR, HIPAA, and Sarbanes-Oxley.

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Encryption Cyber Insurance Cybercrime Phishing 88

Cisco Security

JANUARY 10, 2023

As the majority of the global Covid fog finally started lifting in 2022, other events – and their associated risks – started to fill the headspace of C-level execs the world over. Increasing demands from insurers. For the most effective security awareness, culture is key. Don’t sleep on the impact of MFA Fatigue.

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Security Boulevard

JUNE 8, 2021

This is all about understanding how we control an environment that is now a bigger risk because our network has increased from perhaps one or two locations to potentially hundreds.” CTO, Cyber Tec Security.

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SecureWorld News

SEPTEMBER 23, 2021

His unique insights around cybersecurity-related topics shine a light on ransomware risk for organizations, government agencies, and the public. This ranges from Secret Service agents discussing elements of cyber hygiene with those they protect to tracking down cybercrime fugitives. Cyber defense is about test, test, test.".

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Ransomware Cyber Insurance Insurance Government 71

SecureWorld News

AUGUST 23, 2023

This morning, Critical Start released its first ever Cyber Risk Landscape Peer Report , which explores some of the major concerns and challenges currently confronting cybersecurity leaders as they manage risk within their organizations. Here are some comments on the cyber risk landscape from cybersecurity vendor experts.

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Security Boulevard

JULY 30, 2022

A company’s loss of control over its business practices may lead to various risks, which cybercrim­inals quickly exploit. However, deploying unproven artificial intelligence (AI) could result in unexpected outcomes, including a higher risk of cybercrime. Information Manipulation — Nothing Knew in Cybersecurity.

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Cyber Attacks Artificial Intelligence Education Cyber Insurance 110

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. It showed that financials are at significantly higher risk than the average UK business. percent) reporting between 40 and 60 cyber security incidents in the last 12 months.

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Scams Banking Cyber Insurance Phishing 84

SecureWorld News

OCTOBER 5, 2020

This was not about the cybercrime itself, but instead, the regulatory trouble your organization could face for facilitating ransomware payments. The Treasury Department says it declares certain ransomware gangs and cybercrime groups as sanctioned for their actions. Ransomware groups may be sanctioned; paying could be trouble.

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Government Ransomware Cyber Insurance Cybercrime 63

SecureWorld News

MAY 5, 2023

Broadnax, who said he is optimistic that the risk is contained. Since City of Dallas' Information and Technology Services detected a cyber threat Wednesday morning, employees have been hard at work to contain the issue and ensure continued service to our residents," he said. Here's the Dallas Morning News' report on the incident.

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SC Magazine

JULY 14, 2021

A new Cybereason survey found that more than four out of five respondents from various business sectors – some 81% – said they are “highly” or “very concerned” about the risk of ransomware attacks. In addition, having cyber insurance coverage in place does not guarantee an organization can recoup losses associated with a ransomware attack.

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Ransomware Cyber Insurance Financial Services Retail 98

SecureWorld News

OCTOBER 19, 2023

Increased risk of cyberattacks The rising cost of living can lead to an increase in cybercrime, as people become more desperate to make money. Organizations need to be aware of the risks and take steps to protect themselves, even if it means increasing their cybersecurity spending. Many are facing multifaceted challenges.

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Cybersecurity CISO Education Phishing 79

SecureWorld News

DECEMBER 2, 2020

We carry insurance, including cyber insurance, which we believe to be commensurate with our size and the nature of our operations. Which of the ransomware gangs or groups hit K12 Inc and its network in this cyber attack? In fact, Ransomware became the number one type of cyber attack claim insurers dealt with in 2020.

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BH Consulting

JUNE 13, 2023

Target the human, swipe the cash: Verizon DBIR 2023 highlights crime trends Manage the human risk and mind your money: those are two key takeaways from Verizon’s 2023 Data Breach Investigations Report. MORE UK NCSC calls on the cyber insurance market to become more sophisticated.

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SC Magazine

JULY 13, 2021

Estimates show cybercrime will cause $6 trillion in global damages this year and is predicted to reach $10.5 Lastly, the report warns entities not to rely on cyber insurance as the rates have skyrocketed in response to the rise in ransomware attacks. trillion, by 2025, a 75% increase.

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Security Boulevard

JANUARY 18, 2024

Cybersecurity risks increase every year and bludgeon victims who fail to prepare properly. For those interested in a better understanding of the oncoming risks, this is the information you are looking for. It can feel like crossing a major highway while blindfolded. Many never see the catastrophe about to happen, until it occurs.

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CyberSecurity Insiders

APRIL 30, 2021

Combating Ransomware – A Comprehensive Framework for Action provides 48 practical recommendations to curb the rampant spread of this increasingly destructive type of cybercrime. Ransomware is an international cybercrime that is multiplying in frequency and severity.

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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. Stay safe out there!

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Herjavec Group

FEBRUARY 18, 2021

Enter a world where Cybercrime is now bigger than Drug Crime, globally costing Trillions in damages with new threat actors, new forms of malware, cybercriminals, hackers, cyberespionage by nation states and too many exploitable vulnerabilities to count. With this amazingly fast digital transformation, the rewards should outweigh the risks.

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Digital transformation Computers and Electronics Cyber Insurance Insurance 81

CyberSecurity Insiders

NOVEMBER 13, 2021

Next year’s cyber budgets cannot be futureproofed against all forms of disruption, but there are trends business leaders should watch closely. A major one is the rising cost of cyber insurance – premiums are going up. What’s more, insurers are looking to reduce the risk they take on when they provide cyber policies.

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SecureWorld News

NOVEMBER 1, 2021

A compounding problem of this complexity is that the responsibility of managing these risks often falls to those with the least capabilities: individuals, small businesses, and local governments. RESOURCE] Listen to the recent SecureWorld podcast episode featuring U.S. Secret Service Assistant Director Jeremy Sheridan.

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SecureWorld News

APRIL 1, 2021

A storm made more severe by the pandemic, with so many employees working remotely, exacerbating the risk of ransomware. This is the first factor mentioned in the report and addresses how cybercrime groups might be more organized than you would think. Ransomware has been one of the hottest topics in cybersecurity during the last year.

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Security Affairs

NOVEMBER 6, 2018

Based on the risk score, CryptoIns experts have calculated insurance rates for cryptocurrency exchange users who can now insure their accounts against cyber threats. It also takes into consideration the quality of the risk management systems, the availability of KYC/AML guidelines and independent ratings of the exchanges.

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Insurance Cryptocurrency Cyber threats Marketing 62

eSecurity Planet

FEBRUARY 16, 2021

Below we outline 18 industry tips for actions you can take to reduce your risk of a ransomware attack: Action. The next three actions: prioritize assets and evaluate traffic, microsegmentation, and adaptive monitoring are central steps of the zero trust architecture and greatly reduce your risks of an attack. Description. Description.

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The Last Watchdog

AUGUST 1, 2023

This discovery, as well as the growing talk of macOS tools within underground cybercrime forums, suggests an imminent surge in cyberattacks against macOS users. Recently, Guardz identified an information stealing malware called ‘ ShadowVault , ’ which also exclusively targets macOS devices.

Malware 189

Malware Insurance Cyber Insurance Small Business 189

Security Boulevard

JUNE 15, 2021

Ransomware attacks have continued to make headlines, and for good reason: on average, there is a new ransomware attack every 11 seconds, and the losses to organizations from ransomware attacks is projected to reach $20 billion over the course of 2021 following a record increase in losses of more than 225% in 2020.

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Ransomware Cyber Insurance Insurance Antivirus 97

Thales Cloud Protection & Licensing

AUGUST 11, 2021

Successful attacks against high-profile organizations propel this cybercrime model the most. Ransomware incidents covered by cyber insurance policies. Insurance is a valid and efficient tool mitigating the risks of encryption posed by your system's exposure to malware.

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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. It has been noted that paying a ransom demand only encourages this type of cybercrime and funds it. How much can ransomware cost your business? Should You Pay the Ransom?

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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. If your company already has cyber insurance coverage, consider increasing it. You couldn’t go a week last year without seeing a ransomware headline in the news. Don’t be the next Heritage Company.

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215

SC Magazine

MAY 13, 2021

Last year a friend was preparing for a cybersecurity roundtable and asked me a thought-provoking question: What “black swan” event will make the world take stock of cybersecurity as an existential risk to the world? Every year, cyber events nudge up the digital risk level and we’ve become desensitized to the increasing temperature.

Energy and Utilities 64

Energy and Utilities Ransomware Cyber Insurance Risk 64

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.”

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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 101

Cyber Insurance Cryptocurrency Internet Internet 101

Krebs on Security

MARCH 2, 2023

. “Any such legislation should prevent manufacturers and software publishers with market power from fully disclaiming liability by contract, and establish higher standards of care for software in specific high-risk scenarios,” the strategy explains. cyber interests. When the Bush administration released the first U.S.

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