article thumbnail

What’s happening in the world of personal cyber insurance?

Malwarebytes

You’ve likely only seen cybercrime insurance primarily mentioned in relation to attacks on businesses. Most commonly, it’s cited with regard to ransomware attacks in the workplace, or associated data loss. Some folks think the mere presence of insurance simply encourages more attacks , and is hurting more than it’s helping.

article thumbnail

P-to-P fraud most concerning cyber threat in 2023: CSI

CSO Magazine

CSI), followed by data breaches (23%), ransomware (20%) and a breach at a third party (15%). It was cited by 29% of respondents in a survey by Computer Systems Inc.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Ransomware in 2020

Cytelligence

Ransomware is becoming an epidemic in the cybersecurity world, with new strains being created continuously by criminals to extort money out of unsuspecting users. What is Ransomware? Ransomware is a devastating attack on an organization’s or individual’s digital assets. Damages from ransomware in 2019 rose to over $11.5

article thumbnail

XM Cyber’s Cybersecurity Predictions for 2023

CyberSecurity Insiders

“Attackers will rely less and less on CVEs, instead using identity theft, passwords, and misconfigurations to enter and move within networks. Ransomware groups are here to stay, and AD is a huge attack vector they are exploiting in order to move laterally. Zur Ulianitzky, VP Research. “In

article thumbnail

How Your Business Could Protect Its Cybersecurity in a Surprisingly Cost-Effective Fashion

IT Security Guru

It helps to protect your organisation, workforce and clients from cyber-attacks. By doing this, you are reducing the chance of identity theft, data breaches, ransomware, and many other types of cyber threats. Cybersecurity is critical to any company. Invest in some cost-effective cybersecurity.

article thumbnail

These are the 15 Top Cyber Threats Now

SecureWorld News

First, however, let's look at the top 15 cyber threats organizations face right now, according to the report: Malware. Identity Theft. Physical Manipulation, Damage, Theft and Loss. Ransomware. Cyber Espionage. So that is the top 15 list of cyber threats according to the European Union. Data Breach.

article thumbnail

You’ve Never Heard of the C-Suite Targeting Scam, but It’s a Killer

Adam Levin

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. So Isn’t BEC Just Another Form of Phishing?

Scams 130