SecureWorld News

MARCH 5, 2025

Additionally, China dominates the supply of rare-earth minerals used in semiconductors, networking equipment, and encryption hardware. The domains of cybersecurity, cybercrime investigations, and cyber insurance will all be impacted. and other countries. "It Here is his detailed breakdown: 1.Cross-border

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Trend Micro

JULY 2, 2025

AI offers a wealth of capabilities that can help to improve: Data protection : AI can be used to discover, classify and encrypt sensitive information, as well as monitor access to data stores and flag immediately if they have been breached. 6 Alerts Back Unread All Inside the criminal mind: Trend’s deep dive into cybercrime.

Cyber Risk 91

Cyber Risk Risk Cyber threats Artificial Intelligence 91

SecureWorld News

MARCH 20, 2024

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.

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Malwarebytes

FEBRUARY 21, 2023

What does the encryption warning message say? encrypts files and presents the following infection message on compromised desktops: All your important files are stolen and encrypted! All your files have been encrypted due to a security problem with your PC. Stop malicious encryption.

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Krebs on Security

AUGUST 29, 2019

-based PerCSoft is a cloud management provider for Digital Dental Record (DDR), which operates an online data backup service called DDS Safe that archives medical records, charts, insurance documents and other personal information for various dental offices across the United States. PercSoft did not respond to requests for comment.

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CyberSecurity Insiders

FEBRUARY 21, 2023

But now a new file encrypting malware variant has emerged onto the block that demands ransom, based on the insurance cover. ransomware does so during negotiations and tries to find the exact amount to be covered with the cyber insurance and then demands ransom.

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Security Affairs

AUGUST 21, 2020

The University of Utah admitted to have paid a $457,059 ransom in order to avoid having ransomware operators leak student information online. The University was able to recover the operations from the backups, but decided to pay the ransom to avoid having ransomware operators leak student information online.

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Duo's Security Blog

FEBRUARY 4, 2025

In its modern iteration, cyber liability insurance mitigates the losses and business costs associated with cyber incidents and resulting downtime. CyberCube, a company specializing in quantifying cyber risk, estimates that the U.S. standalone cyber insurance market could reach $45 billion in premiums by 2034.

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Cyber Insurance Insurance Authentication Risk 64

SC Magazine

APRIL 5, 2021

Facebook is among the companies that would like to incorporate end-to-end encryption to benefit users. United Kingdom Home Secretary Priti Patel is set to tell a conference of child protection activists that end-to-end encryption puts children at risk, according to a draft invitation seen by Wired UK.

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Encryption Cyber Insurance Insurance Risk 96

CSO Magazine

MAY 15, 2023

Companies with cyber insurance are more likely to get hit by ransomware, more likely to be attacked multiple times, and more likely to pay ransoms, according to a recent survey of IT decision makers. To read this article in full, please click here

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Security Affairs

MAY 1, 2020

The hackers claim to have compromised the Banco BCR’s network in August 2019, and had the opportunity to exfiltrate its information before encrypting the files. Maze Ransomware ransomware operators recently disclose other attacks against different organizations, including IT services giant Cognizant , and cyber insurer Chubb.

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SecureWorld News

AUGUST 18, 2020

Hackers encrypted some files. Here is Carnival Corporation's ransomware and cyber incident statement, in full: On August 15, 2020, Carnival Corporation and Carnival plc (together, the "Company," "we," "us," or "our") detected a ransomware attack that accessed and encrypted a portion of one brand’s information technology systems.

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eSecurity Planet

JULY 12, 2022

Screens then started to display a ransom demand, which said files had been encrypted by the NetWalker ransomware virus. Cyber Insurer Provides Help. As Spectra Logic had the foresight to take out cyber insurance , Chubb representatives were professional and helpful, according to Mendoza. The ransom demand was $3.6

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Webroot

SEPTEMBER 7, 2023

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. The best way to weather these challenges is to become a cyber resilient business.

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SecureWorld News

MAY 9, 2023

The attacker managed to upload ransomware into the department's information technology system, which resulted in the department's operations being affected. While most of the payment was covered by insurance, County officials did not disclose the details of the remaining $600,000 paid to the hacker.

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SecureWorld News

AUGUST 21, 2020

This data included employee and student information. The University had servers encrypted but restored the systems and the access from backups. Why pay if you have restored access to your encrypted system, the way the University of Utah was able to do? And number one is cyber insurance.

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Ransomware Cyber Insurance Insurance Backups 98

Security Affairs

FEBRUARY 21, 2023

For those who have cyber insurance against ransomware attacks. Insurance companies require you to keep your insurance information secret, this is to never pay the maximum amount specified in the contract or to pay nothing at all, disrupting negotiations. Very important! reads the ransom note.

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eSecurity Planet

OCTOBER 18, 2022

However, even with the best planning, organizations can find a few users, machines, or systems that were overlooked or whose backup may be corrupted or encrypted. First, call the cyber insurance company that issued the organization’s cybersecurity policy. How Does Ransomware Encryption Work?

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The Last Watchdog

OCTOBER 5, 2023

OneRep provides a consumer service that scrubs your personal information from Google and dozens of privacy-breaching websites. Adding to this will be very smart uses of generative AI – centered around wisely directing LLM capacities onto specific data lakes containing threat intelligence information.

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Cyber threats Cyber Insurance Threat Detection Cybersecurity 203

eSecurity Planet

AUGUST 9, 2022

China’s Personal Information Protection Law (PIPL) , in particular, has raised part of the bar. Relatedly, PIPL outlines some categories of sensitive information that do not receive additional protection under GDPR. PIPL also grants victims of PIPL violations the right to sue personal-information handlers directly for damages.

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SecureWorld News

NOVEMBER 12, 2020

Information Leakage. Cyber Espionage. So that is the top 15 list of cyber threats according to the European Union. We can't look at all of these categories, but let's talk about the number one cyber attack threat of malware. 67%_of malware was delivered via encrypted HTTPS connections. Web Application Attacks.

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Cyber threats Insurance Cyber Insurance Ransomware 137

eSecurity Planet

MARCH 17, 2023

TIPs contextualize these threats, offering security teams more information, usually at a faster rate than vendor threat feeds. These platforms make it possible for security teams to analyze consolidated threat feeds from various external alerts and log events.

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SecureWorld News

DECEMBER 1, 2022

A panel of practitioner experts breaks it all down in our recent Remote Sessions webcast, "Countdown to CPRA: What Information Security Professionals Need to Know Now," now available on-demand. Endpoint encryption for all laptops. Cyber insurance (critical). Intrusion detection and response.

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InfoSec Cyber Insurance Consumer Protection Insurance 98

CyberSecurity Insiders

JUNE 24, 2021

The International Information System Security Certification Consortium (ISC)², has made an official announcement that its Professional Development Institute(PDI) Courses related to ransomware: Identity, protect, defend and recover will be available for free of cost until July 31st this year.

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Ransomware Cyber Insurance Education Insurance 76

SecureWorld News

DECEMBER 2, 2020

However, the ransomware operators worked their way into some very valuable data and stole it: "We do believe that the attacker accessed certain parts of our corporate back-office systems, including some student and employee information on those systems, but it will take further time to determine the scope of the information accessed.".

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Cyber Insurance Insurance Ransomware Backups 71

Hacker Combat

JULY 31, 2020

Carry Cyber Insurance. This makes carrying a cyber insurance policy with a reputable carrier a good idea. In addition to providing vital financial assistance in the wake of a data breach, cyber insurers scrutinize your security arrangements before agreeing to issue a policy. This must be addressed head-on.

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Cybersecurity Cyber Insurance Insurance Data breaches 69

eSecurity Planet

APRIL 6, 2023

Ransomware is a type of malicious program, or malware, that encrypts files, documents and images on a computer or server so that users cannot access the data. These keys are available to the attacker, and the encryption can only be decrypted using a private key. How Does Ransomware Work?

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Thales Cloud Protection & Licensing

AUGUST 11, 2021

Cyber crooks are getting more sophisticated and IT professionals have tough times struggling to detect and block malicious interventions at early stages. Be it health care or information security, it reasonably attempts to take actions in advance. Many collaborative platforms can help you recover the data encrypted by ransomware.

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Ransomware Insurance Encryption Cyber Insurance 71

SecureWorld News

JUNE 18, 2020

MaxLinear remained firm even as Maze began to leak "teaser" documents it stole during the attack to increase payment pressure, a common tactic used in this form of ransomware: "On June 15, 2020, the attacker released online certain proprietary information. Maze ransomware attacks and the rise in nuclear ransomware.

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Ransomware Insurance Cyber Insurance Manufacturing 71

Digital Shadows

OCTOBER 14, 2024

Meow” took fourth place in Q3 2024, shifting its tactics from data encryption to selling stolen data on cybercriminal forums and its own data-leak site. Employees must be aware of how attackers might manipulate them into revealing sensitive information or granting the attackers access to secure systems.

Ransomware 94

Ransomware Social Engineering Insurance Cyber Insurance 94

Thales Cloud Protection & Licensing

FEBRUARY 15, 2023

Double extortion ransomware is a growing type of cyber-attack in which a victim’s sensitive data is first stolen, and then encrypted, giving the criminal the option of demanding two separate ransom payments. This data creates leverage for the bad guys as it increasingly affects the customers' personal information.

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CyberSecurity Insiders

OCTOBER 20, 2021

He is now the Chief Information Officer for the City and County of San Francisco. The city did not have a cyber incident response team (CIRT), or well-defined plans for activating an incident response, or how to handle communication and escalation. In many ways, Okumu said, Baltimore was not prepared for the attack. Okumu said.

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Malwarebytes

DECEMBER 20, 2022

The typical game plan is to encrypt files, and then threaten to leak files if their demands are not met. A little recovery time Don’t wait until ransomware is in your network and encrypting everything to ask if someone has a backup. Has it already been encrypted by your business to prevent network intruders taking a peek?

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SecureWorld News

JANUARY 21, 2024

Nonprofits often juggle tight budgets and unique operational demands, making it even more difficult to keep sensitive information safe—but here's the thing: you don't need a fortune to build a strong defense against the possible cyber threats out there. Battling cybersecurity threats can often feel like an uphill struggle.

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eSecurity Planet

FEBRUARY 16, 2021

IMPORTANT INFORMATION !!! 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.”

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Ransomware Backups Encryption Software 97

Hacker's King

OCTOBER 10, 2024

These software solutions range from antivirus programs and firewalls to more advanced intrusion detection systems and encryption tools. For instance, many cybersecurity companies develop proprietary software that helps businesses detect potential vulnerabilities or manage data encryption.

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Cybersecurity Cyber Insurance Insurance Penetration Testing 52

Malwarebytes

SEPTEMBER 30, 2022

The first is that they handle troves of sensitive data, especially personally identifiable information (PII) , and the second is that they operate on shoestring budgets with little to no cybersecurity staff or leadership buy-in. Take cyber insurance , for example. Data encryption for data at rest and in transit.

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Government Cybersecurity Cyber Insurance Insurance 70