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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Ransomware Cyber Insurance Insurance Advertising 143

Thales Cloud Protection & Licensing

MAY 9, 2022

While implementation of security technologies such as multi-factor authentication and encryption have slightly increased, we have not yet reached the level where the majority of applications, data and operational technology are fully protected. Cyber insurance coverage ramps up. Governments step up to protect all businesses.

Cyber Insurance 71

Cyber Insurance Insurance Backups Ransomware 71

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.

Insurance 75

Insurance Ransomware Cyber Insurance Malware 75

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.

Cyber Insurance 81

Cyber Insurance Ransomware Insurance Technology 81

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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Ransomware Cyber Insurance Backups Insurance 144

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.

Encryption 88

Encryption Cyber Insurance Cybercrime Phishing 88

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 87

Insurance Cyber Insurance Ransomware Data breaches 87

NetSpi Executives

APRIL 27, 2024

Only about 20% of the ransomware tactics, techniques, and procedures (TTP) used by ransomware attackers are identified out-of-the-box by antivirus (AV), endpoint detection and response (EDR), and security information and event management (SIEM) tools. Attempt access to file and SQL servers with privileged accounts.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

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.

Ransomware 75

Ransomware Cyber Insurance Insurance Backups 75

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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Ransomware Banking Cyber Insurance Advertising 129

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.

Ransomware 71

Ransomware Encryption Backups Cyber Insurance 71

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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Ransomware Encryption Insurance Backups 145

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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Backups Ransomware Insurance Encryption 230

eSecurity Planet

OCTOBER 18, 2021

Key to the complaint is the alleged failure “to warn and inform Teiranni Kidd and/or her family members and physicians, before and during Teiranni’s admission beginning July 16, 2019, of the severity of the cyberattack.” ” Cyber Insurance No Longer Reliable. “And the war can be multi-pronged. .

Ransomware 103

Ransomware Cyber Insurance Insurance Digital transformation 103

Adam Levin

MARCH 2, 2020

While the sophistication and methods of attack may vary, the short answer is that ransomware is a type of malware that encrypts critical data on a computer or computer network so that users can’t regain access without paying a “ransom.” In effect, ransomware is the weaponization of a cyber-protection protocol.

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215

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.

Cyber threats 203

Cyber threats Cyber Insurance Cybersecurity Threat Detection 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.

Data privacy 145

Data privacy Encryption Data breaches Insurance 145

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.

Network Security 117

Network Security Penetration Testing Firewall Antivirus 117

eSecurity Planet

OCTOBER 5, 2021

We should encrypt data at rest. Paying for internal assessments and penetration tests by a third party can provide fresh thinking and a level of assurance for stakeholders such as customers, the board of directors, and the insurance company that wrote our cyber insurance policy. We should use multi-factor authentication.

Ransomware 130

Ransomware Backups Insurance Cyber Insurance 130

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.

Ransomware 76

Ransomware Cyber Insurance Education Insurance 76

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.

Ransomware 71

Ransomware Insurance Encryption Cyber Insurance 71

CyberSecurity Insiders

OCTOBER 24, 2022

Specifically, the school attack targeted critical systems and “compromised the student information system used to take attendance, contact families in emergencies, and assure that students are picked up from school by authorized adults.” Cyber insurance. Until they need it. Conclusion.

Education 58

Education Cyber Attacks Cyber Insurance Insurance 58

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?

Ransomware 98

Ransomware Backups Encryption Cybersecurity 98

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.

InfoSec 74

InfoSec Cyber Insurance Consumer Protection Insurance 74

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.” Let me know what you can do.

Ransomware 212

Ransomware Insurance Cyber Insurance Accountability 212

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.

Cybersecurity 89

Cybersecurity Backups Cyber threats Software 89

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.".

Cyber Insurance 53

Cyber Insurance Insurance Ransomware Backups 53

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.

Government 59

Government Cybersecurity Cyber Insurance Insurance 59

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.

Cybersecurity 53

Cybersecurity Cyber Insurance Insurance Data breaches 53

Pen Test

OCTOBER 10, 2023

A particularly insidious new trend is the rise of "double extortion" attacks, in which cybercriminals not only encrypt an organization's data but also threaten to publicly release sensitive stolen information if the ransom is not paid. CryptoLocker, in 2013, pioneered the use of strong encryption algorithms. Brenntag - $7.5

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

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?

Ransomware 82

Ransomware Backups Cyber Insurance Encryption 82

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.

Cyber threats 106

Cyber threats Insurance Cyber Insurance Ransomware 106

Cytelligence

JANUARY 27, 2020

Cybercriminals or threat actors release a kind of malware which enters a computer system or network through fraudulent means and locks down files from access by encrypting them until a demanded ransom is paid to hackers in return for a decryption key. The need for cyber insurance for companies will increase significantly in 2020.

Ransomware 53

Ransomware Cyber Insurance Insurance Encryption 53

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.

Ransomware 53

Ransomware Insurance Cyber Insurance Manufacturing 53

eSecurity Planet

MAY 11, 2023

I am very surprised that the cyber insurance industry has not required zero trust architecture already, but perhaps the $1.4 The enterprise collects as much information as possible about the current state of assets, network infrastructure and communications, and uses it to improve its security posture.

Insurance 107

Insurance Cyber Insurance Architecture Authentication 107

Duo's Security Blog

JULY 6, 2021

They’re working to update their Directive on Network and Information Security Recommendations (NIS 2) recommendations, with a focus on improving essential organization’s cyber resiliency. Cyber Insurers, regulators and customers will expect these controls to be present, regardless of public or private status.

Government 143

Government Architecture Backups Encryption 143

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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Ransomware Backups Insurance Cyber Insurance 111