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 87

Malwarebytes

JULY 5, 2021

Other cybersecurity news. Stay safe, everyone!

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Cyber Insurance Social Engineering Scams Insurance 97

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

Malwarebytes

SEPTEMBER 30, 2022

And a key part of building out any cybersecurity policy for your local government is to develop an organizational understanding of risk to systems, people, data, and so on. Take cyber insurance , for example. Prohibit use of known/fixed/default passwords and credentials. Also delivered free of charge by the NCATS team.

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Government Cybersecurity Cyber Insurance Insurance 59

CyberSecurity Insiders

OCTOBER 26, 2022

From a budgetary standpoint, ransom payments and cyber insurance premiums have continued to rise over time. The plan should carefully document security controls and include proactive steps to manage supply chain partner risk. Therefore, they are more likely to create an unintentional risk for the organization.

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Ransomware Cyber Insurance Insurance Risk 120

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. In 2023, Microsoft Active Directory (AD) will continue to be a major risk. The post XM Cyber’s Cybersecurity Predictions for 2023 appeared first on Cybersecurity Insiders.

Cybersecurity 108

Cybersecurity Identity Theft Digital transformation Cyber Insurance 108

Thales Cloud Protection & Licensing

JULY 21, 2022

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. For many organizations, paying the ransom can be less damaging than risking any additional impacts. The Threat of Ransomware.

Cyber threats 71

Cyber threats Energy and Utilities Ransomware IoT 71

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. Cybersecurity risks should never spread beyond a headline.

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Ransomware Backups Education VPN 76

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 81

Security Affairs

NOVEMBER 6, 2018

Based on the risk score, CryptoIns experts have calculated insurance rates for cryptocurrency exchange users who can now insure their accounts against cyber threats. It also takes into consideration the quality of the risk management systems, the availability of KYC/AML guidelines and independent ratings of the exchanges.

Insurance 62

Insurance Cryptocurrency Cyber threats Marketing 62

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

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. Below we outline 18 industry tips for actions you can take to reduce your risk of a ransomware attack: Action. Description. Staff Awareness. Offline Backups. Description.

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Ransomware Backups Software Encryption 97

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.

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Ransomware Cyber Insurance Backups Insurance 52

eSecurity Planet

MARCH 17, 2023

From there, these tools send alerts to security teams if and when risks are identified. Vulnerability management is handled not only by cybersecurity and IT teams but by cross-functional teams that understand how assets are used across the organization.

Network Security 115

Network Security Penetration Testing Firewall Antivirus 115

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 83

Malwarebytes

SEPTEMBER 14, 2022

Your level of prevention is determined by how much risk you accept to take on. There are two extremes to prevent cyberattacks: Overly permissive prevention and absolute prevention—and where you fall on that spectrum depends on the level of risk in your organization. Bonus: Cyber insurance.

Technology 65

Technology DNS Cyber Insurance Insurance 65

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. Without any further ado, let’s have a look at the 7 most recent cyber security events.

Social Engineering 121

Social Engineering Cyber Insurance Cyber Attacks IoT 121

Duo's Security Blog

JUNE 21, 2021

While the risk of an employee clicking on a foreign prince’s secret gold offer may be past us, modern-day technologies have evolved and expanded in today’s remote work and IoT-connected settings. Don’t worry though, there's already an insurance policy for that. What is Cyber Liability Insurance?

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Spinone

OCTOBER 13, 2020

Whether it is synchronized files from on-premises to cloud environments or the risk of encryption of cloud email, ransomware is a real threat to your data. In fact, one report shows that business email compromises are 23% of cyber insurance claims. How much can ransomware cost your business?

Ransomware 52

Ransomware Backups Data breaches Encryption 52

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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Cyber Insurance Insurance Hacking Passwords 211

SC Magazine

MAY 13, 2021

Last year a friend was preparing for a cybersecurity roundtable and asked me a thought-provoking question: What “black swan” event will make the world take stock of cybersecurity as an existential risk to the world? Every year, cyber events nudge up the digital risk level and we’ve become desensitized to the increasing temperature.

Energy and Utilities 64

Energy and Utilities Ransomware Cyber Insurance Risk 64

eSecurity Planet

JANUARY 11, 2022

Boasting itself as the world’s first Code Risk Platform, Apiiro Security offers risk visibility across design, code, and cloud segments. Apiiro can connect across hybrid infrastructure through a read-only API and promises real-time inventory and actionable remediation for risks in addressing DevSecOps. Cowbell Cyber.

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142

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.

Data breaches 341

Data breaches Marketing Cyber Insurance InfoSec 341

eSecurity Planet

APRIL 26, 2022

Company Sector Year Status Vicarius Vulnerability management 2022 Private Dragos ICS and OT security 2021 Private Safeguard Cyber Risk management 2021 Private CyberGRX Risk management 2019 Private Signifyd Fraud protection 2018 Private RedOwl Security analytics 2015 Acquired: Forcepoint. Accel Investments. BVP Investments.

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Cybersecurity Technology Marketing Healthcare 122