Malwarebytes

JULY 10, 2022

Without cyber insurance , you can expect to pay a dizzying amount of cash. In 2022 alone, the average cost of a data breach for businesses under 1,000 employees was close to $3 million—and these costs are coming from activities that cyber insurers typically cover, such as detecting and responding to the breach.

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Cyber Insurance Insurance Data breaches Phishing 85

CyberSecurity Insiders

OCTOBER 24, 2022

In July, poor password hygiene led to another ransomware attack. The group known as LockBit is notorious for sending email attachments to trick gullible workers into providing access or passwords to access systems before capturing data and holding it hostage. . Cyber insurance. Whitworth University compromised.

Education 58

Education Cyber Attacks Cyber Insurance Insurance 58

Hacker Combat

JULY 31, 2020

Passwords go unchanged for years because they’re easy to remember. Carry Cyber Insurance. This makes carrying a cyber insurance policy with a reputable carrier a good idea. Compromised, reused and weak passwords are responsible for 81 percent of hacking related breaches. ABU — Always Be Updating.

Cybersecurity 53

Cybersecurity Cyber Insurance Insurance Data breaches 53

SecureWorld News

DECEMBER 7, 2022

Cyber insurance trends in 2023. As the three previous trends discussed how certain aspects of the cybersecurity industry will continue to grow in 2023, expect the same from the cyber insurance market.

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Cybersecurity Cyber Insurance Insurance Social Engineering 92

Malwarebytes

JULY 5, 2021

Other cybersecurity news.

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Cyber Insurance Social Engineering Scams Insurance 96

Malwarebytes

SEPTEMBER 30, 2022

Take cyber insurance , for example. Cyber insurance can prevent local governments from having to pay huge out of pocket costs in the event that they’re hit with a cyberattack. Prohibit use of known/fixed/default passwords and credentials. Baltimore learned this the hard way. (An

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Government Cybersecurity Cyber Insurance Insurance 58

Malwarebytes

MARCH 10, 2021

This threat comes from old passwords taken from password dumps—which have probably long since changed—which could lend some believed credibility to the threat. This quickly became a mess of arguments over paying the ransom , and the world of cyber insurance and whether it would actually insure against these types of attacks.

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SecureWorld News

JANUARY 21, 2024

The costs of recovering from such incidents, especially for smaller organizations without cyber insurance, can be devastating. Having basic cyber hygiene Advanced technology is important, but basics like regular data backups, software updates, strong password policies, and multi-factor authentication are fundamental.

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Cybersecurity Backups Cyber threats Software 92

CyberSecurity Insiders

JANUARY 10, 2023

Attackers will rely less and less on CVEs, instead using identity theft, passwords, and misconfigurations to enter and move within networks. The post XM Cyber’s Cybersecurity Predictions for 2023 appeared first on Cybersecurity Insiders. Shay Siksik, VP Customer Experience. Zur Ulianitzky, VP Research.

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Cybersecurity Identity Theft Digital transformation Cyber Insurance 108

Malwarebytes

OCTOBER 19, 2022

There is no need for criminals to jimmy a lock if they can steal a key, and the keys to your kingdom are your users’ passwords. In theory , putting those keys out of reach is easy: You just need all your users to choose strong, unique passwords for every account they use, all the time. Can your EDR handle a ransomware attack?

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Passwords Ransomware Backups Cyber Insurance 69

CyberSecurity Insiders

OCTOBER 26, 2022

From a budgetary standpoint, ransom payments and cyber insurance premiums have continued to rise over time. All employees should also be encouraged to “say something if they see something” when it comes to unexpected password or network access alerts, apparent phishing emails, and other suspicious activity.

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Ransomware Cyber Insurance Insurance Risk 120

Adam Levin

JULY 8, 2020

It should include an inventory of who can access registrar accounts, implementation of two-factor authentication, and password hygiene checks. Whether your company is international or a regional operation, the time to invest in a cybersecurity audit was yesterday.

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Hacking Retail Cyber Insurance Authentication 130

Duo's Security Blog

SEPTEMBER 1, 2023

"Based on FIDO standards, passkeys are a replacement for passwords that provide faster, easier, and more secure sign-ins to websites and apps across a user’s devices. Unlike passwords, passkeys are always strong and phishing resistant. The FIDO Alliance asserts that passkeys are a replacement for passwords.

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Passwords Authentication Insurance Cyber Insurance 99

Webroot

OCTOBER 14, 2022

As a result, many organizations are shifting away from cyber insurance and adopting layered defenses in an effort to achieve cyber resilience. The post Discover 2022’s Nastiest Malware appeared first on Webroot Blog.

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Malwarebytes

JUNE 14, 2021

BleepingComputer claimed they received an anonymous tip purporting to be from the FBI, containing a password and a link to a password-protected ZIP file. These are the three files in the ZIP file. which came directly from the Avaddon ransomware group. They contain the decryption keys, (Source: BleepingComputer).

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Ransomware Insurance DDOS Healthcare 70

SecureWorld News

JUNE 18, 2020

We have this much data and this much information, it has customer data, employee data, we have everybody's passwords. We have engaged a third party capable of safely evaluating information posted on malicious websites to advise us with respect to the content of the information posted.".

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Malwarebytes

DECEMBER 20, 2022

Law enforcement, cyber insurance (if you have it), external security contractors may well be some of the first entities on your list. Make sure you set those passwords in the first place, and limit the rate that individuals can keep trying to log in before being locked out.

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Ransomware Backups Cyber Insurance Encryption 80

Malwarebytes

JANUARY 15, 2023

As we’ve seen recently, cyber insurance is no guarantee of avoiding a ransomware pitfall either with refusal of payout being decided in a court of law. Ensure your RDP points are locked down with a good password and multi-factor authentication. Rate limiting is a great way to fend off brute force attempts on your login.

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Ransomware Backups Education VPN 75

SC Magazine

JUNE 14, 2021

It actually almost matches up with maybe 70% or 80% of the clients that we’re supporting, who had almost identical attacks with an old credential, with a weak password on a VPN. Credential monitoring, password policy, [multi-factor authentication], are preventable problems. Sometimes they have the cyber insurance policy.

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Ransomware Passwords VPN Cyber Insurance 85

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

IT Security Guru

DECEMBER 5, 2022

Everyone in the cyber insurance industry or trying to get cyber insurance today knows that using multifactor authentication (MFA) is an absolute make-or-break requirement for getting a cyber insurance policy; or if you can get a policy without MFA, you will pay a hefty increased premium for the same amount of coverage.

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Insurance Cyber Insurance Phishing Social Engineering 110

NetSpi Executives

APRIL 27, 2024

terminal services, virtual private networks (VPNs), and remote desktops—often use weak passwords and do not require MFA. 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.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

Security Affairs

NOVEMBER 6, 2018

Group-IB assesses cryptocurrency exchanges’ security with criteria such as level of technical security, the reliability of storage of keys, passwords, and personal data of customers. Security Affairs – cyber insurance, cryptocurrency exchanges ). What is cryptocurrency exchanges’ security assessment? Pierluigi Paganini.

Insurance 62

Insurance Cryptocurrency Cyber threats Marketing 62

eSecurity Planet

FEBRUARY 16, 2021

Ransomware frequently contains extraction capabilities that can steal critical information like usernames and passwords, so stopping ransomware is serious business. As ransomware keeps at its current pace, we see a boom in cyber insurance sales (see Ransomware Insurance: Cyber Insurance May Be the Best Protection ).

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Ransomware Backups Software Encryption 97

eSecurity Planet

MARCH 17, 2023

Third-Party Risk Management Product Guide Best Third-Party Risk Management (TPRM) Tools Password Management Password management software is designed to securely store individual user, team, and organizational credentials in a centralized, encrypted password vault.

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Network Security Penetration Testing Firewall Antivirus 119

SecureWorld News

AUGUST 21, 2020

The end result was hefty payment: "After careful consideration, the university decided to work with its cyber insurance provider to pay a fee to the ransomware attacker. It had cyber insurance: "The university’s cyber insurance policy paid part of the ransom, and the university covered the remainder.

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Ransomware Cyber Insurance Insurance Backups 79

Malwarebytes

SEPTEMBER 14, 2022

"You roll a device quickly, you enroll a device—that's something they have, which is usually a smartphone—something they know, which is a password—and then you enforce password minimum.” Bonus: Cyber insurance. Without cyber insurance, you can expect to pay a dizzying amount of cash.

Technology 64

Technology DNS Cyber Insurance Insurance 64

Security Affairs

FEBRUARY 8, 2024

Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Cyber Skills Gap: By 2025, there could be 3.5 million unfilled cyber security jobs, showing a big need for skilled professionals. As a precaution, they revoked all security certificates and passwords for their web portal.

Social Engineering 122

Social Engineering Cyber Insurance Cyber Attacks IoT 122

Duo's Security Blog

JUNE 21, 2021

Don’t worry though, there's already an insurance policy for that. What is Cyber Liability Insurance? Cyber liability insurance, sometimes known as cyber insurance, is distinct from traditional commercial general liability and property insurance policies.

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Insurance Cyber Insurance Data breaches Social Engineering 94

SC Magazine

JUNE 21, 2021

Ransomware prevention starts with the smallest businesses developing a password policy and ends with complex geopolitical negotiations with countries that harbor ransomware criminals. One of the most pervasive suggestions has been banning ransom payments altogether.

Ransomware 118

Ransomware Insurance Government Cyber Insurance 118

Adam Levin

MARCH 26, 2020

Cyber insurance is still evolving, and as such you can still get good deals even if your cybersecurity is not completely up to snuff. At some point that will be a question that cyber insurers will think about 24/7, solutions evolving alongside challenges and underwriting calculations following close behind.

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Spinone

OCTOBER 13, 2020

In fact, one report shows that business email compromises are 23% of cyber insurance claims. Enforce password changes of network accounts – As a proactive measure in case sensitive data or passwords have been leaked, enforce a password change of all accounts across the board.

Ransomware 52

Ransomware Backups Data breaches Encryption 52

SC Magazine

MAY 13, 2021

Despite the sensitivity of OT environments, many organizations use single-factor user names and passwords to access assets. In some cases, they use shared passwords. Does the company have cyber insurance in place to pay a ransom? Implement strong authentication for all OT users. Segment the network.

Energy and Utilities 64

Energy and Utilities Ransomware Cyber Insurance Risk 64

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. (An

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Cybersecurity CISO IoT Insurance 100

Troy Hunt

MARCH 2, 2020

These were companies spanning all sorts of different industries; big tech, general infosec, antivirus, hosting, finance, e-commerce, cyber insurance - I could go on. The point is the net was cast very wide. We whittled the original 141 companies down to the 43 that were best aligned to the goals I outlined in the original blog post.

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Data breaches Marketing Cyber Insurance InfoSec 341

SecureWorld News

MAY 12, 2020

If the law firm had cyber insurance, the policy may cover part of a ransom payment. When Florida cities paid more than a million dollars to ransomware operators in 2019, insurance covered most of it. What could be happening behind the scenes of this ransomware attack? What could be happening right now in this case?

Ransomware 70

Ransomware Insurance Backups Passwords 70

eSecurity Planet

JANUARY 11, 2022

GitGuardian is a developer favorite offering a secrets detection solution that scans source code to detect certificates, passwords, API keys, encryption keys, and more. Cowbell Cyber. Ethyca can automate compliance tasks, including real-time data mapping, automated subject requests, consent management, and subject erasure handling.

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Cybersecurity Threat Detection Artificial Intelligence Risk 142