Thales Cloud Protection & Licensing

JULY 21, 2022

However, this stance indicates a lack of understanding of the effects of all the parties involved, such as cyber insurance underwriters, incident response firms, government regulations, and ransomware attribution. For many organizations, paying the ransom can be less damaging than risking any additional impacts.

Cyber threats 71

Cyber threats Energy and Utilities Ransomware IoT 71

SecureWorld News

APRIL 1, 2021

Furthermore, when an organisation has a cyber insurance policy, it might be able to claim the ransom back, which may encourage payment. That is an incredibly difficult situation to be put in, and one that is contributing to the problem. Further factors are likely to have played a part.

Ransomware 56

Ransomware Cyber Insurance Social Engineering Cybercrime 56

eSecurity Planet

FEBRUARY 16, 2021

A ransomware attack is about as bad as a cyber attack can get. It can shut down your business – in the case of healthcare organizations that can be life-threatening for patients – damage your reputation with customers and employees, and invite further attacks as cybercriminals view your organization as an easy mark. Ransomware facts.

Ransomware 97

Ransomware Backups Software Encryption 97

Security Affairs

FEBRUARY 8, 2024

26 key cyber security stats for 2024 that every user should know, from rising cyber crime rates to the impact of AI technolog y. Cyber Crime Surge: During COVID-19 , cyber crimes shot up by 600%, showing how threats adapt to global changes. Phishing Attacks: Phishing is the top cyber attack, causing 90% of data breaches.

Social Engineering 123

Social Engineering Cyber Insurance Cyber Attacks IoT 123

NetSpi Executives

APRIL 27, 2024

Attackers guess the passwords easily, find them in open source code repositories, or collect them via phishing. Some can’t afford not to pay, and some are covered by cyber insurance. Should I get a ransomware cyber insurance policy? Many organizations have used cyber insurance to recover from ransomware attacks.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

eSecurity Planet

OCTOBER 5, 2021

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. Is the attack small enough that we do not need to file a cyber insurance claim?

Ransomware 130

Ransomware Backups Insurance Cyber Insurance 130

Duo's Security Blog

JUNE 21, 2021

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. Don’t worry though, there's already an insurance policy for that. What is Cyber Liability Insurance?

Insurance 99

Insurance Cyber Insurance Data breaches Social Engineering 99

eSecurity Planet

APRIL 6, 2023

Whether deployed by ransomware groups or individuals via ransomware as a service (RaaS) , the most common method of ransomware deployment is a phishing email. Cyber criminals have learned that it is not only businesses that make soft targets for the attacks. There are several methods of delivering ransomware attacks.

Ransomware 93

Ransomware Backups Encryption Cybersecurity 93

eSecurity Planet

JUNE 1, 2021

Agency for International Development (USAID) to launch phishing campaigns against a broad array of targets. Now the group is back with the USAID phishing campaign. “Attackers know this and are creating phishing campaigns to take advantage of the mobile interface that makes it hard to spot a malicious message.

Phishing 70

Phishing Mobile Government Cybersecurity 70

Spinone

OCTOBER 13, 2020

Implement good email phishing/SPAM filtering to help filter out obvious malicious SPAM emails with infected links, attachments, and other files. There is no question that ransomware found in SPAM/phishing emails are one of the main threat vectors for a ransomware infection.

Ransomware 52

Ransomware Backups Data breaches Encryption 52

SC Magazine

MARCH 29, 2021

Traditionally that has meant phishing lures, credential theft and other low-effort pathways, but some observers point to episodes like the recent weaponization of the Microsoft Exchange vulnerabilities by multiple ransomware groups and worry that attacks at the application software level could become a more attractive option in the near future.

Software 120

Software Hacking Government Cyber Insurance 120