SC Magazine

MAY 28, 2021

“You literally cannot continue operations of a manufacturing plant or a pipeline if you don’t have the continuity of business to manage” the logistics, he said. “So So this was a failure of business operations, but it shows the fragility of certain industrial operations like manufacturing,” said Caltagirone.

Insurance 117

Insurance Government Ransomware Risk 117

Security Boulevard

JUNE 2, 2022

Some industries saw particularly high growth of double-extortion attacks, including healthcare (643%), food service (460%), mining (229%), education (225%), media (200%), and manufacturing (190%). Manufacturing was the most targeted industry for the second straight year, making up almost 20% of double-extortion ransomware attacks.

Ransomware 105

Ransomware Architecture Manufacturing Encryption 105

SC Magazine

JUNE 15, 2021

Dawn Cappelli, vice president of global security and chief information security officer at Rockwell Automation, said that the spike in ransomware attacks, particularly in manufacturing, inspired a tabletop exercise in December with her CEO and all his direct reports to walk through various ransomware scenarios.

Ransomware 60

Ransomware Insurance Cyber Insurance Risk 60

The Last Watchdog

SEPTEMBER 7, 2018

Related: HBO hack spurs cyber insurance market. Irdeto’s suite of products helps set-top box manufacturers protect high-value content; its technology also is used by live sports broadcasters to deter hackers from siphoning off pay-for-view sporting events. Makes sense, though. Here are the big takeaways: Making it too expensive.

IoT 133

IoT Technology Software Digital transformation 133

SC Magazine

JULY 13, 2021

The data supports a June Avanan report , which confirmed health care has been among the most targeted with phishing attacks during the first half of 2021, alongside the IT and manufacturing industries. Lastly, the report warns entities not to rely on cyber insurance as the rates have skyrocketed in response to the rise in ransomware attacks.

Data breaches 113

Data breaches Insurance Healthcare Education 113

ForAllSecure

MAY 17, 2023

Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. cyber insurance as a whole was changing heavily. And why is that? It started off pretty easy to get.

Internet 40

Internet Internet Insurance Cyber Insurance 40

NetSpi Executives

APRIL 27, 2024

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. About 1 in 4 victims pay the ransom. To date, the largest known ransom payment is $70 million.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

Krebs on Security

JULY 24, 2018

The driver at fault might make the claim in a lawsuit against the car maker ‘but for your failure to manufacture this part correctly, this accident wouldn’t have occurred.'” “This is a rapidly growing area and a profit center for a lot of insurance companies,” Castagnoli said. ” . ”

Banking 190

Banking Insurance Computers and Electronics Cyber Insurance 190

The Security Ledger

OCTOBER 23, 2018

In this episode of the podcast (#117), we go deep on one of the hottest sectors around: cyber insurance. In the first segment, we talk with Thomas Harvey of the firm RMS about the problem of “silent cyber” risk to insurers and how better modeling of cyber incidents is helping to address that threat.

Insurance 40

Insurance Cyber Risk Risk Cyber Insurance 40

The Last Watchdog

SEPTEMBER 20, 2019

Eventually, governments will address the risk by beefing up security and purchasing cyber insurance, which go hand in glove. It’s a positive development that Bandura Cyber and other security vendors are focused on making higher use of threat intel feeds generally, and helping SMBs, specifically.

Ransomware 153

Ransomware Government Firewall Cyber Insurance 153

eSecurity Planet

APRIL 6, 2023

Education, government, energy and manufacturing are others. Cyber criminals have learned that it is not only businesses that make soft targets for the attacks. If you have a cyber insurer , they will have their own processes for responding to any cyber attack.

Ransomware 98

Ransomware Backups Encryption Cybersecurity 98

ForAllSecure

MAY 30, 2023

We know that you know, manufacturing is an area that we've seen a lot of targets over the last quarter. Again, because if you bring down manufacturing operations, there's a high impact to the business and necessity to recover quickly. By no means. Does that mean that there was no ransomware occurring?

Ransomware 40

Ransomware Encryption Authentication Backups 40

Spinone

OCTOBER 13, 2020

This includes the Billtrust and German manufacturer, Pilz, ransomware infections. In fact, one report shows that business email compromises are 23% of cyber insurance claims. BitPaymer The BitPaymer ransomware has been linked with various ransomware infections in 2019. Ransoms demanded average $110,000 USD (50 BTC).

Ransomware 52

Ransomware Backups Data breaches Encryption 52

Adam Levin

DECEMBER 27, 2019

Unfortunately, many are not secure because they are protected by nothing more than manufacturer default passwords readily available online. You’re going to have personal cyber insurance. In 2020 there will be somewhere around 20 billion IoT devices in use around the world. HR will save money by spending some.

Cybersecurity 100

Cybersecurity CISO IoT Insurance 100

Krebs on Security

MARCH 2, 2023

“Any such legislation should prevent manufacturers and software publishers with market power from fully disclaiming liability by contract, and establish higher standards of care for software in specific high-risk scenarios,” the strategy explains. based semiconductor manufacturing and research and to make the U.S.

Cybersecurity 234

Cybersecurity Insurance Cyber Insurance Government 234