Security Affairs

OCTOBER 20, 2024

CISA adds Fortinet products and Ivanti CSA bugs to its Known Exploited Vulnerabilities catalog Nation-state actor exploited three Ivanti CSA zero-days Dutch police dismantled dual dark web market ‘Bohemia/Cannabia’ macOS HM Surf flaw in TCC allows bypass Safari privacy settings Iran-linked actors target critical infrastructure organizations (..)

Data breaches

SecureWorld News

APRIL 23, 2025

The DBIR breaks down breach trends across industries: Financial and Insurance: Heavily targeted by credential stuffing and phishing; fastest detection rates. Public Sector: DoS attacks and ransomware remain major concerns. Manufacturing: IP theft and ransomware are top risks; OT/ICS systems still lag in basic controls.

CISO

SecureWorld News

MAY 2, 2025

Healthcare cybersecurity demand will be driven by ransomware resilience needs, FDA mandates for medical devices, and AI-powered threat detection," notes the Astute Analytica report. A primary catalyst is the sharp rise in ransomware and other attacks on hospitals and clinics. Regional outlook: where is growth happening?

Healthcare

SecureWorld News

FEBRUARY 5, 2025

Key findings: the cyber threat landscape in 2025 1. Ransomware and state-sponsored attacks continue to escalate Canada's critical sectorsincluding healthcare, energy, education, and retailhave become prime targets for cybercriminals. Ransomware is no longer an "if" but a "when," making proactive defense strategies essential.

InfoSec

SecureWorld News

MARCH 17, 2025

Although there remains some ambiguity over whether ransomware was employed, the Play ransomware gang later claimed responsibility , alleging that sensitive data, such as payroll records, contracts, tax documents, and customer financial information, was exfiltrated.

Cyber Attacks

Digital Shadows

NOVEMBER 26, 2024

Despite a slowdown in “LockBit” ransomware activity due to law enforcement actions and a loss of affiliate trust, it remains a key player. Meanwhile, “RansomHub” is rising rapidly due to its attractive ransomware-as-a-service (RaaS) model. Despite the importance of employee training, sometimes it just isn’t enough.

Cyber Attacks

Centraleyes

JULY 27, 2025

technical testing with speed and precision.

Insurance

The Last Watchdog

DECEMBER 15, 2024

Despite Russias selective crackdowns on ransomware groups, this trend poses escalating risks. treats ransomware as state-sponsored terrorism, countermeasures could become far more aggressive, reshaping the fight against cyber threats. If the U.S. Many businesses were forced to shut down operations post-attack.

Cybersecurity

Centraleyes

JUNE 9, 2025

For example, a risk of a ransomware attack might be quantified as a potential loss of $2 million. By putting cyber risk in business language (aka money), CRQ helps decision-makers understand which risks must be dealt with and in which order. It also helps managed security MSSPs show real value.

Cyber Risk

Jane Frankland

JANUARY 12, 2025

Ransomware remains a prominent threat, but the methods have evolved. Double extortion ransomware is now a preferred techniquea devastating one-two punch where attackers not only encrypt a companys data but also steal sensitive information. Cyber Insurance Cyber insurance will become an essential component of risk management strategies.

Cybersecurity

Security Boulevard

FEBRUARY 20, 2025

Cyber insurance used to be an optional safety net. With ransomware, data breaches, and cyberattacks on the rise, companies need protection against financial losses. The post How CTEM Impacts Cyber Security Insurance Premiums? The post How CTEM Impacts Cyber Security Insurance Premiums?

Insurance

BH Consulting

FEBRUARY 24, 2025

Cybercriminals felt the heat from law enforcement last year, while ransomware payments fell. Intel471 has a detailed analysis of other significant law enforcement operations in 2024, including against the LockBit ransomware gang and multiple malware droppers. But still, progress is progress.

Cyber Insurance

Centraleyes

JUNE 26, 2025

The Regulatory Catalyst The Cybersecurity Act 2024, passed in December, codifies 72-hour ransomware payment reporting and heftier penalties for lax controls. The law complements 2023 amendments that made breach disclosure mandatory and empowered the Australian Securities and Investments Commission (ASIC) to probe board-level cyber oversight.

Cyber Insurance

Centraleyes

MAY 21, 2025

Cybersecurity Cyber threats are growing fast, and ransomware is leading the charge. In the first three months of 2025 alone, 81 ransomware attacks hit education institutions around the world. Beyond the RansomOperational Fallout The real damage of ransomware isnt just financial. The average ransom demand is $608,000.

Education

Trend Micro

JUNE 26, 2025

Under Attack?

Security Awareness

Trend Micro

JUNE 10, 2025

Worldwide 2023 Email Phishing Statistics and Examples BERT Ransomware Group Targets Asia and Europe on Multiple Platforms See all articles Trend Vision One™ - Proactive Security Starts Here. 6 Alerts Back Unread All Inside the criminal mind: Trend’s deep dive into cybercrime.

Cyber Risk

Centraleyes

APRIL 24, 2025

Cyber Insurance with AI-Driven Risk Assessments (e.g., Coalition, Resilience)** How they help Cyber insurers now use AI models to assess an organization’s risk posture in real time, adjusting premiums based on proactive security measures.

Penetration Testing

BH Consulting

MAY 28, 2025

Drawing on reports from the World Economic Forum, the Verizon Data Breach Investigations Report and Hiscox Insurance, Brian painted a picture of what that dark side looks like. Ransomware and business email compromise are constant threats against many businesses. Supply chain breaches are also becoming more frequent.

Scams

BH Consulting

JULY 31, 2025

The UK NHS determined that a ransomware infection at Synnovis, a pathology service provider, contributed to a patient’s death. The BBC reported that: “King’s College Hospital NHS Foundation Trust confirmed that one patient had ‘died unexpectedly’ during the cyber attack on 3 June 2024, which disrupted more than 10,000 appointments.”

Ransomware

Trend Micro

JUNE 10, 2025

1 Alerts Back Unread All Demo Series: Mastering Exposure Management close Proactively uncover and manage cyber risk > Support Business Support Portal Education and Certification Contact Support Find a Support Partner Resources AI Security Trend Micro vs. Competition Cyber Risk Assessments What Is?

Cybersecurity

NetSpi Executives

APRIL 9, 2025

Insurance Cost Reduction: Proactive external monitoring can even lower your cyber insurance premiums. Early Threat Identification: Spots threats earlier in the cyber kill chain, helping you avoid costly ransomware incidents.

Insurance

Trend Micro

JULY 2, 2025

6 Alerts Back Unread All Inside the criminal mind: Trend’s deep dive into cybercrime. close Read report > Cloud security that leads: Centralized, multi-layered protection now named a CNAPP Leader by IDC.

Cyber Risk

Schneier on Security

JULY 1, 2021

As ransomware becomes more common, I’m seeing more discussions about the ethics of paying the ransom. Here’s one more contribution to that issue: a research paper that the insurance industry is hurting more than it’s helping. However, the most pressing challenge currently facing the industry is ransomware.

Insurance

The Last Watchdog

JANUARY 20, 2020

To help mitigate the risk of financial losses, more companies are turning to cyber insurance. Related: Bots attack business logic Cyber insurance, like other forms of business insurance, is a way for companies to transfer some of numerous potential liability hits associated specifically with IT infrastructure and IT activities.

Cyber Insurance

Krebs on Security

OCTOBER 1, 2020

Companies victimized by ransomware and firms that facilitate negotiations with ransomware extortionists could face steep fines from the U.S. While it may seem unlikely that companies victimized by ransomware might somehow be able to know whether their extortionists are currently being sanctioned by the U.S. Image: Shutterstock.

Ransomware

Graham Cluley

MARCH 28, 2021

According to a statement posted on the firm’s website, CNA determined it had fallen foul of hackers on March 21: “Out of an abundance of caution, we have disconnected our systems from our … Continue reading "Cyber insurance giant CNA hit by ransomware attack".

Cyber Insurance

Graham Cluley

MARCH 22, 2021

A member of the REvil ransomware gang claims that the group specifically targets firms who have taken our cyber insurance. And what's more, it will hack insurance firms to identify them.

Cyber Insurance

Security Boulevard

NOVEMBER 12, 2021

Recent ransomware attacks have dominated the headlines this year. Predictions estimate that the financial impact caused by ransomware could reach $265 billion globally by 2031. The post Are Cyber Insurers Cybersecurity’s New Enforcers? The average ransom payment made by a business to.

Cyber Insurance

CSO Magazine

OCTOBER 21, 2021

New data highlighting fluctuations relating to ransomware attack and payment claims indicates significant shifts in the cyberthreat landscape. Could such variations trigger changes in the cyber insurance market and, if so, how will they impact insurance carriers and organizations?

Cyber Insurance

Threatpost

JUNE 1, 2021

Companies relying on their cyber-insurance policies to pay off ransomware criminals are being blamed for a recent uptick in ransomware attacks.

Cyber Insurance

Security Boulevard

FEBRUARY 11, 2021

In 2021, rethinking your cyber insurance strategy should be a top priority for CISOs and executive leadership. The elevated risk landscape is driving growing demand for cyber insurance: Nearly four out of five organizations. The post Is it Time to Update Your Cyber Insurance Strategy?

Cyber Insurance

SecureWorld News

MARCH 20, 2024

Ransomware attacks have become a significant threat to organizations of all kinds worldwide, with attackers encrypting data and demanding payment for its release. In this regard, many have touted cyber insurance as the knight in shining armor, the end all-be all in terms of mitigating criminals' assaults on your network.

Cyber Insurance

The Hacker News

NOVEMBER 9, 2022

The rise in the costs of data breaches, ransomware, and other cyber attacks leads to rising cyber insurance premiums and more limited cyber insurance coverage. This cyber insurance situation increases risks for organizations struggling to find coverage or facing steep increases.

Cyber Insurance

SecureWorld News

AUGUST 1, 2023

It is no secret that ransomware attacks have been on the rise in recent years and have caused a significant amount of pain to organizations worldwide. One aspect of these cyberattacks that has been hotly debated is the role that cybersecurity insurance plays in these incidents. However, RUSI's research presents a different perspective.

Cyber Insurance

SC Magazine

JUNE 28, 2021

The rise of the cyber insurance has largely failed to promote better cybersecurity practices among the industries they cover, according to a new report released Monday from British security think tank RUSI. Growing losses from ransomware attacks have…emphasized that the current reality is not sustainable for insurers either.

Cyber Insurance

SecureWorld News

JANUARY 11, 2024

In this digital battlefield, cyber insurance has emerged as a crucial shield, offering financial protection against data breaches, ransomware attacks, and other cyber incidents. This rapid ascent begs the question: what's driving the price hike, and are businesses fully prepared for the escalating cost of cyber defense?

Cyber Insurance

CyberSecurity Insiders

FEBRUARY 17, 2022

For all those companies who are planning to renew their cyber insurance policy or are in a procedure to take one, here’s a piece of information that might interest you. Most of the Cyber Insurance companies have excluded ‘Cyber War’ consequences from their policies. that’s insane….isn’t isn’t it? .

Cyber Insurance