Thales Cloud Protection & Licensing

JULY 21, 2022

From the ransomware attack that compromised a major U.S. Reducing the risk of attacks such as ransomware and malware on CNI will be of paramount importance to the stability of nation states for years to come. The Threat of Ransomware. In fact, in recent years, ransomware has almost completely changed breach economics.

Cyber threats 71

Cyber threats Energy and Utilities Ransomware IoT 71

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. . It’s Time to Do Something.

Scams 130

Scams Identity Theft Phishing Accountability 130

SecureWorld News

OCTOBER 19, 2023

Develop a cybersecurity incident response plan In the event of a cyberattack, organizations should have a plan in place to respond quickly and effectively. As cyber threats surge, the expenses associated with cyber insurance rise, adding to the financial strain. Many are facing multifaceted challenges.

Cybersecurity 77

Cybersecurity CISO Education Phishing 77

Security Affairs

FEBRUARY 8, 2024

Ransomware Attacks: In 2023, a whopping 72.7% of organizations faced ransomware. Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Market Size: The AI cyber security market was worth around $17.4 Shockingly, 96% of these attacks come through email. million per breach.

Social Engineering 123

Social Engineering Cyber Insurance Cyber Attacks IoT 123

eSecurity Planet

MARCH 17, 2023

These platforms make it possible for security teams to analyze consolidated threat feeds from various external alerts and log events. Examples of threatening traffic that IDPS solutions can combat include network intrusions, DDoS attacks, malware, and socially engineered attacks.

Network Security 115

Network Security Penetration Testing Firewall Antivirus 115

Duo's Security Blog

JUNE 21, 2021

The advancing ransomware business is a threat not just for the big guys, but for organizations of every size. According to Verizon’s most recent Data Breach Incident Report , instances of advanced ransomware have doubled in the past year, alongside major upticks in phishing attacks and social engineering.

Insurance 99

Insurance Cyber Insurance Data breaches Social Engineering 99

BH Consulting

SEPTEMBER 7, 2022

In the United States, a judge dismissed a claim against an insurance company that refused to pay extra for losses due to business email compromise. The company sought $600,000 to cover its losses but its social engineering fraud policy had a cap of $100,000. And the cyber insurance market keeps growing.

Insurance 40

Insurance Social Engineering Cyber Risk Cyber Insurance 40

Security Boulevard

JANUARY 18, 2024

Attackers will leverage AI for more scalable and effective social engineering attacks, disinformation campaigns, vulnerability discovery, and exploit amplification. This will force CISOs into unfamiliar territory while still trying to manage the growing problems of managing the risk of loss due to cyber events.

Risk 115

Risk Cybersecurity CISO Technology 115