Remove Cyber Insurance Remove Passwords Remove Social Engineering
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4 ways businesses can save money on cyber insurance

Malwarebytes

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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26 Cyber Security Stats Every User Should Be Aware Of in 2024

Security Affairs

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. Market Size: The AI cyber security market was worth around $17.4 million per breach.

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A week in security (June 28 – June 4)

Malwarebytes

Other cybersecurity news.

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Upending expectations and challenging assumptions: BH Consulting Breakfast Insights 2025

BH Consulting

Common ways of infiltrating victim organisations include social engineering against employees and stolen credentials. The resulting material was tailored guidance for older adults, focusing on how to recognise and avoid scams, stay private online, and manage passwords. Supply chain breaches are also becoming more frequent.

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REvil ransomware’s calling, and it’s not good news

Malwarebytes

Malware authors and social engineers have relied on shame and the threat of exposure for years. 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. Shaming victims into action.

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5 Trends to Watch for Cybersecurity in 2023

SecureWorld News

Security experts have warned for years about the possibility of social engineering attacks with deepfakes, and the technology has matured enough for 2023 to see hackers successfully leverage it. Cyber insurance trends in 2023.

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Ransomware and Cyber Extortion in Q4 2024

Digital Shadows

By mid-2024, Scattered Spiders hallmark tactics, including social engineering and SIM-swapping, were evident in RansomHubs double extortion attacks, cementing their collaboration. The groups adaptabilityevident in its seamless transition to RansomHuband its expertise in social engineering keep it highly valuable to ransomware partners.