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 88

Insurance Cyber Insurance Ransomware Data breaches 88

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 140

Ransomware Banking Cyber Insurance Advertising 140

Graham Cluley

MAY 20, 2021

Yes, you read that correctly. FORTY MILLION DOLLARS.

Cyber Insurance 139

Cyber Insurance Insurance Ransomware Data breaches 139

Joseph Steinberg

AUGUST 5, 2021

First-party cyber-liability risks refer to risks that directly endanger an organization. If your business cannot operate for three days because it is hit with a malware infection, for example, the three days of downtime inflicted by the cyberattack is first-party damage to your business. First-Party Risks And Coverage.

Insurance 141

Insurance Risk Data breaches Artificial Intelligence 141

CyberSecurity Insiders

APRIL 23, 2021

Initially, the channel claimed that it was a disruption caused because of some technical difficulties, but later confirmed the cyber incident. Harris Federation Cyber Attack- A ransomware attack targeted educational institute Harris Federation disrupting online studies and correspondence to nearly 37K students in March 2021.

Cyber Attacks 145

Cyber Attacks Insurance Cyber Insurance Ransomware 145

Security Affairs

FEBRUARY 25, 2024

Uninstall it immediately Microsoft Exchange flaw CVE-2024-21410 could impact up to 97,000 servers ConnectWise fixed critical flaws in ScreenConnect remote access tool More details about Operation Cronos that disrupted Lockbit operation Cactus ransomware gang claims the theft of 1.5TB of data from Energy management and industrial automation firm Schneider (..)

Spyware 102

Spyware Cyber Insurance Hacking Advertising 102

SecureWorld News

NOVEMBER 12, 2020

First, however, let's look at the top 15 cyber threats organizations face right now, according to the report: Malware. Data Breach. Ransomware. Cyber Espionage. So that is the top 15 list of cyber threats according to the European Union. Trends in Malware attacks. Trends in ransomware attacks.

Cyber threats 108

Cyber threats Insurance Cyber Insurance Ransomware 108

Webroot

SEPTEMBER 7, 2023

The number of ransomware attacks has increased by 18% , while the worldwide volume of phishing attacks doubled to 500 million in 2022. Depending on the size of the business, one-third to two-thirds of businesses suffer malware attacks in any given year. billion to data breaches and cybercrime. Cybercrime is on the rise.

Encryption 88

Encryption Cyber Insurance Cybercrime Phishing 88

SecureList

NOVEMBER 9, 2022

Supply-chain will become more of a sweet spot for targeted ransomware and state-sponsored espionage campaigns. Businesses will still be mostly concerned with ransomware. will lead more people to poverty, which always translates to increased criminality (cyber or otherwise), and we know ransomware to be extremely profitable.

Cybersecurity 134

Cybersecurity Cyber Insurance Cybercrime IoT 134

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

Malwarebytes

JULY 10, 2022

So, your business has just suffered a data breach and it’s time to dig deep in your pockets to pay all the resulting expenses. Without cyber insurance , you can expect to pay a dizzying amount of cash. Here are four ways your business can save money on its insurance. How is cyber insurance priced?

Cyber Insurance 87

Cyber Insurance Insurance Data breaches Phishing 87

Security Affairs

APRIL 24, 2022

T-Mobile confirms Lapsus$ had access its systems Are you using Java 15/16/17 or 18 in production? Patch them now!

Cyber Insurance 83

Cyber Insurance Spyware Firmware Insurance 83

SecureWorld News

JANUARY 21, 2024

Phishing attacks, for instance, are extremely common: these are deceptive emails or messages designed to steal data. Ransomware is another significant threat, where attackers encrypt an organization's data and demand payment for its release. Because of this, it's crucial to understand the types of threats nonprofits face.

Cybersecurity 94

Cybersecurity Backups Cyber threats Software 94

Spinone

DECEMBER 8, 2016

This can also be one of the reasons behind insufficient security practices with many businesses not realising the full effect of a data breach or ransomware attack until it is too late. What is G Suite Security Insurance? What’s the Best Way to Safeguard Data? There are many G Suite security risks.

Insurance 40

Insurance Small Business Backups Cyber Insurance 40

Pen Test

OCTOBER 10, 2023

The Surge of Double Extortion Ransomware Attack s Ransomware attacks have become an increasingly severe threat to organizations around the world. The Evolution of Ransomware into Double Extortion Tactics The Basics of Ransomware Ransomware itself has been around for years.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

eSecurity Planet

OCTOBER 5, 2021

First, we prepare a plan for the possibility, then when a ransomware attack occurs we execute the plan. To help, we break down the process into the following steps: How to Prepare for Ransomware. Ransomware Response. Simple Ransomware Recovery. How to Prepare for Ransomware. Ransomware Security.

Ransomware 131

Ransomware Backups Insurance Cyber Insurance 131

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 128

Social Engineering Cyber Attacks Cyber Insurance IoT 128

Malwarebytes

SEPTEMBER 14, 2022

Especially ransomware. Read Our Defender's Guide to Ransomware Resilience ! 5 technologies that help prevent cyber attacks for SMBs (ranked in order of importance). A DNS filter prevents you from accessing unsafe websites—including those posing a strong malware risk. Read more: Cloud-based malware is on the rise.

Technology 66

Technology DNS Cyber Insurance Insurance 66

Spinone

OCTOBER 13, 2020

Like a terrible disease epidemic, ransomware infects and destroys any data in its path. Much like protecting your physical health, you want to understand how to prevent such a damaging infection of your data. Preventing a ransomware infection is much more desirable than having to recover from one.

Ransomware 52

Ransomware Backups Data breaches Encryption 52

eSecurity Planet

MARCH 17, 2023

Examples of threatening traffic that IDPS solutions can combat include network intrusions, DDoS attacks, malware, and socially engineered attacks. These software solutions enforce specified security policies for users each time they access a cloud-based resource.

Network Security 120

Network Security Penetration Testing Firewall Antivirus 120

Duo's Security Blog

JUNE 21, 2021

It’s hard to wrap our heads around every new risk out there; nowadays a single well-intended click of a GoFraudMe link can download malware that locks and holds your data for ransom. The advancing ransomware business is a threat not just for the big guys, but for organizations of every size.

Insurance 85

Insurance Cyber Insurance Data breaches Social Engineering 85

BH Consulting

SEPTEMBER 7, 2022

Independent research like the Verizon Data Breach Investigations Report consistently shows high numbers of breaches involving a human element. If other judges follow this precedent, insurance companies could become less likely to pay in cases like this. And the cyber insurance market keeps growing.

Insurance 40

Insurance Social Engineering Cyber Risk Cyber Insurance 40

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

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 109

Cyber Insurance Cryptocurrency Internet Internet 109