Adam Levin

JUNE 30, 2020

We’re not even halfway through 2020, and already it’s been a record-breaking year for ransomware attacks. No industry, category, size, or group is safe from this cyber scourge. Millions of inboxes have been hit with a variant of Avaddon ransomware. In fact, what may matter more is how easy you are to hack.

Ransomware 186

Ransomware Insurance Cyber Insurance Manufacturing 186

Security Affairs

MAY 1, 2020

Maze Ransomware operators claim to have gained access to the network of Banco BCR of Costa Rica and stolen 11 million credit card credentials. Maze Ransomware operators claim to have hacked the network of the state-owned Bank of Costa Rica Banco BCR and to have stolen internal data, including 11 million credit card credentials.

Ransomware 132

Ransomware Banking Cyber Insurance Advertising 132

Security Affairs

JUNE 5, 2020

ST Engineering is the last victim of the Maze Ransomware operators that published their data on their leak website. The Maze ransomware operators announced the release of stolen data on their leak site. “Just like previous data leaks, the Cyble Research Team has also identified and verified this data leak.”

Engineering 119

Engineering Ransomware Cyber Insurance Insurance 119

Malwarebytes

JANUARY 26, 2022

Due to the evolving and growing impact of cybersecurity incidents there are some questions starting to arise about the way that insurance companies deal with the costs that are the results of such incidents. But cyber insurance comes in different flavors and sizes. An act of war? Lloyd’s of London.

Insurance 82

Insurance Cyber Insurance Ransomware Data breaches 82

Security Affairs

FEBRUARY 25, 2024

Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press. Iran Crisis Russia-Aligned TAG-70 Targets European Government and Military Mail Servers in New Espionage Campaign U.S.

Spyware 94

Spyware Cyber Insurance Hacking Advertising 94

CyberSecurity Insiders

APRIL 23, 2021

Microsoft Exchange Server Cyber Attack- Cyber Threat actors somehow infiltrated the email servers of Microsoft Exchange operating across the world through a vulnerability and accessed data of many government and private companies.

Cyber Attacks 145

Cyber Attacks Insurance Cyber Insurance Ransomware 145

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. Ransomware didn’t actually grow year on year; it held steady at 24 per cent of breaches.

Social Engineering 52

Social Engineering Data breaches Scams DDOS 52

Security Boulevard

MAY 12, 2022

Even with the advancements in network isolation, containment, and prevention at the endpoint, hackers will still bypass predictive controls to execute malware attacks, ransomware exploits, account takeovers.etc. What Is Not Covered Under Cyber Insurance? Below is a list of adaptive controls needed for cyber insurance.

Cyber Insurance 105

Cyber Insurance Insurance Marketing Firewall 105

Security Affairs

APRIL 24, 2022

SecurityAffairs – hacking, newsletter). To nominate, please visit:? Follow me on Twitter: @securityaffairs and Facebook. Pierluigi Paganini. The post Security Affairs newsletter Round 362 by Pierluigi Paganini appeared first on Security Affairs.

Cyber Insurance 74

Cyber Insurance Spyware Firmware Insurance 74

SC Magazine

MAY 28, 2021

Some saw this as a typical ransomware attack, albeit on a vulnerable target. While the Oldsmar, Florida hack, for example, shined a light on risks associated with remote access to industrial control systems, Colonial Pipeline exposed IT system vulnerabilities that could exist in any sector.

Insurance 117

Insurance Government Ransomware Risk 117

SC Magazine

JULY 2, 2021

An exterior view of the Anthem Health Insurance headquarters. About 80 million company records were accessed in one of the largest health care data breaches. Also, “they may not have known that they were hacked for a period of time if their internal surveillance tools are deficient.”.

Insurance 88

Insurance Cyber Insurance Data breaches Media 88

Adam Levin

MARCH 16, 2020

That is exponentially more expensive than other cyber events. Consider that the average cost for a ransomware attack against a business is about $4,400, and your run of the mill phishing incident weighs in at a much less hefty $500. billion in BEC scam-related losses the year before. So Isn’t BEC Just Another Form of Phishing?

Scams 130

Scams Identity Theft Phishing Accountability 130

ForAllSecure

MAY 17, 2023

Small to Medium Business are, today, the target of APTs and ransomware. Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. GRAY: Absolutely.

Internet 40

Internet Internet Insurance Cyber Insurance 40

Security Affairs

FEBRUARY 8, 2024

Phishing Attacks: Phishing is the top cyber attack, causing 90% of data breaches. Ransomware Attacks: In 2023, a whopping 72.7% of organizations faced ransomware. Data Breach Costs: The average global cost of a data breach in 2023 was $4.45 million per breach.

Social Engineering 122

Social Engineering Cyber Attacks Cyber Insurance IoT 122

Security Boulevard

JANUARY 18, 2024

Supply Chain hacking methods evolve and increasing attacks become a problem for everyone Advanced attackers are developing tools and tactics to intensify supply chain compromises, fueling many new attacks in 2024 that impact disproportionate numbers of downstream consumers. Nation-state attacks on supply chains will double in 2024.

Risk 115

Risk Cybersecurity CISO Technology 115

Jane Frankland

DECEMBER 7, 2023

It’s likely we’ll continue to witness a significant shift in the motivation behind prominent cyberattacks, as data sources indicate a resurgence in activities such as information theft, covert communication monitoring, and content manipulation from state sponsored attackers and cybercriminals. Data poisoning will gain popularity in 2024.

Cybersecurity 130

Cybersecurity Cyber threats Insurance Artificial Intelligence 130

Adam Levin

MARCH 2, 2020

You couldn’t go a week last year without seeing a ransomware headline in the news. Ransomware attacks on businesses skyrocketed 365 percent in 2019, and all signs point to more of the same in 2020. As bad as the ransomware scourge was for businesses, local governments arguably had it worse. What Is Ransomware?

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215

SC Magazine

MARCH 29, 2021

Ransomware actors routinely look for easy vulnerabilities to exploit in victim organizations. It can also help inform cyber insurers, who may choose to raise premiums for companies that can’t document where their code comes from. Now it’s up to us all as a society to do it.”.

Software 120

Software Hacking Government Cyber Insurance 120

Adam Levin

DECEMBER 27, 2019

fewer of you to go around because at this moment in history everyone understands that a good CISO is critical to the ongoing success of an enterprise (the 2019 IBM Cost of Data Breach study found that the average cost to an organization was $3.92 Ransomware will continue to thrive. 2020 promises to be an interesting ride.

Cybersecurity 100

Cybersecurity CISO IoT Insurance 100

Security Affairs

NOVEMBER 5, 2023

Kinsing threat actors probed the Looney Tunables flaws in recent attacks ZDI discloses four zero-day flaws in Microsoft Exchange Okta customer support system breach impacted 134 customers Multiple WhatsApp mods spotted containing the CanesSpy Spyware Russian FSB arrested Russian hackers who supported Ukrainian cyber operations MuddyWater has been spotted (..)

Cyber Insurance 101

Cyber Insurance Cryptocurrency Internet Internet 101