Remove Cyber Insurance Remove Encryption Remove Healthcare Remove Ransomware
article thumbnail

The Evolving Role of Cyber Insurance in Mitigating Ransomware Attacks

SecureWorld News

Ransomware attacks have become a significant threat to organizations of all kinds worldwide, with attackers encrypting data and demanding payment for its release. In this regard, many have touted cyber insurance as the knight in shining armor, the end all-be all in terms of mitigating criminals' assaults on your network.

article thumbnail

How to Decrypt Ransomware Files – And What to Do When That Fails

eSecurity Planet

For any organization struck by ransomware , business leaders always ask “how do we decrypt the data ASAP, so we can get back in business?”. The good news is that ransomware files can be decrypted. What can be done to recover from ransomware attacks when backups are not available? How Does Ransomware Encryption Work?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

After Springhill: Assessing the Impact of Ransomware Lawsuits

eSecurity Planet

A lawsuit working its way through the courts could have a lot to say about the liabilities facing organizations that have been hit by ransomware attacks – and could have implications for cybersecurity preparation and regulation in general. Hospital’s Operations Hit by Ransomware. ” Cyber Insurance No Longer Reliable.

article thumbnail

A week in security (July 4 – July 10)

Malwarebytes

TikTok is “unacceptable security risk” and should be removed from app stores, says FCC Google to delete location data of trips to abortion clinics IconBurst software supply chain attack offers malicious versions of NPM packages Discord Shame channel goes phishing Verified Twitter accounts phished via hate speech warnings Apple Lockdown (..)

article thumbnail

The 2022 ThreatLabz State of Ransomware Report

Security Boulevard

Ransomware attacks increased by yet another 80% between February 2021 and March 2022, based on an analysis of ransomware payloads seen across the Zscaler cloud. Double-extortion attacks, which include data exfiltration in addition to encryption, are rising even faster at 117% year-over-year. PYSA/Mespinoza. REvil/Sodinokibi.

article thumbnail

Ransomware Protection in 2021

eSecurity Planet

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware attacks and costs.

article thumbnail

Building a Cyber Resilient Business: The Protection Layer

Webroot

The number of ransomware attacks has increased by 18% , while the worldwide volume of phishing attacks doubled to 500 million in 2022. The best way to weather these challenges is to become a cyber resilient business. If a cyber criminal gets access to emails, they won’t be able to access that sensitive data if it’s encrypted.