Remove Cyber Risk Remove Cybercrime Remove Ransomware Remove Webinar
article thumbnail

How a Credential Harvesting Attack Cost Companies $1 Million

SecureWorld News

Olumide Ogunremi, aka "Tony Williams," admitted to the following cybercrime scheme, according to the U.S. In a ransomware attack, they encrypt it or steal it and threaten to publish your data unless you pay a ransom. Department of Justice: "Ogunremi and others perpetrated a computer hacking and theft scheme on U.S.

article thumbnail

The Ransom So Nice, You Pay It Twice

SecureWorld News

This story has a direct parallel to what is happening at some organizations right now, especially when it comes to ransomware and Zero-Day attacks. Ransomware attacks: paying the ransom twice. Decide if you will pay the ransom in a ransomware attack. Cyber risk mitigations to implement right away.

article thumbnail

Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

Ransomware Drives Up Costs, Lowers Coverage. Not surprisingly, ransomware insurance has become popular and is included in many policies. This is driven by the proliferation of cyber claims across the entire market, particularly ransomware related. Also see: Best Third-Party Risk Management (TPRM) Tools.