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. Data limitations : Accurately assessing cyber risk remains a challenge due to limited data.

Cyber Insurance 102

Cyber Insurance Insurance Cyber Risk Data breaches 102

SC Magazine

JULY 13, 2021

million patients have been impacted by a health care data breach so far in 2021, a whopping 185% increase from the same time period last year where just 7.9 The Fortified Health report is meant to support health care covered entities in light of the ongoing threats and the rise in data breach numbers. More than 22.8

Data breaches 113

Data breaches Insurance Healthcare Education 113

The Last Watchdog

DECEMBER 5, 2018

That was followed by a wave of successful ransomware attacks in which attackers targeted healthcare patient date, encrypted that data, and then demanded a ransom to supply a decryption key. Since those attack surges, the healthcare industry has done much to defend direct data breaches, and to repel ransomware attacks.

Data breaches 118

Data breaches Healthcare Insurance Risk 118

CSO Magazine

NOVEMBER 30, 2022

Ransomware and data breaches pose a massive risk to organizations, resulting in loss of customer trust and shareholder value, reputation damage, hefty fines, and penalties. Cyber risk is a top concern in US corporate boardrooms, elevating the role of the chief information security officer to rapid prominence.

CISO 88

CISO Cyber Risk Data breaches Information Security 88

Security Boulevard

JUNE 13, 2023

Flashpoint’s monthly look at the cyber risk ecosystem affecting organizations around the world, including intelligence, news, data, and analysis about ransomware, vulnerabilities, data breaches, and insider threats. The post Cyber Threat Intelligence Index: May 2023 appeared first on Flashpoint.

Cyber threats 57

Cyber threats Data breaches Cyber Risk Ransomware 57

Security Boulevard

JULY 13, 2023

Flashpoint’s monthly look at the cyber risk ecosystem affecting organizations around the world, including intelligence, news, data, and analysis about ransomware, vulnerabilities, data breaches, and insider threats. The post Cyber Threat Intelligence Index: June 2023 appeared first on Flashpoint.

Cyber threats 52

Cyber threats Data breaches Cyber Risk Ransomware 52

Security Affairs

JUNE 11, 2023

Experts found new MOVEit Transfer SQL Injection flaws The University of Manchester suffered a cyber attack and suspects a data breach Russians charged with hacking Mt.

Social Engineering 97

Social Engineering Data breaches Ransomware Cybercrime 97

SC Magazine

APRIL 23, 2021

Brazen ransomware groups are continuing to seek out new avenues to rake in profits and ratchet up pressure on victims. If any unscrupulous traders were to take DarkSide up on its offer, the ransomware gang could potentially charge them a handsome sum for this inside information. bfishadow on Flickr, CC BY 2.0

Ransomware 136

Ransomware Marketing Cyber Risk Media 136

CyberSecurity Insiders

MARCH 30, 2023

Seasoned CISOs/CSOs understand the importance of effectively communicating cyber risk and the need for investment in cybersecurity defense to the board of directors. A comprehensive approach encompasses aligning with business objectives, identifying key cyber risks, and setting priorities for investment.

Cybersecurity 119

Cybersecurity Cyber Risk CISO Risk 119

SecureWorld News

JUNE 30, 2021

It is not very often that a ransomware attack can actually cause physical harm to a person. Now, we are seeing it again with a ransomware attack that targeted Scripps Health. Scripps Health patients affected by ransomware. Scripps Health patients affected by ransomware. And there was more Rubenstein had to deal with.

Ransomware 58

Ransomware Data breaches Healthcare Identity Theft 58

SecureWorld News

JUNE 30, 2021

It is not very often that a ransomware attack can actually cause physical harm to a person. Now, we are seeing it again with a ransomware attack that targeted Scripps Health. Scripps Health patients affected by ransomware. Scripps Health patients affected by ransomware. And there was more Rubenstein had to deal with.

Ransomware 53

Ransomware Data breaches Healthcare Identity Theft 53

CyberSecurity Insiders

SEPTEMBER 16, 2022

According to State of Cloud Security Report compiled by Snyk, over 80% of organizations have suffered cloud security in the past one year and an equal proportion of them have suffered a data breach, but aren’t aware of it due to lack of coordination between teams & policy frameworks, enforcement challenges and budget allotment on time.

Accountability 137

Accountability Cyber Attacks Cyber Risk Data breaches 137

Thales Cloud Protection & Licensing

JUNE 14, 2022

Ransomware – To Pay, or Not to Pay? And when thinking about criminal innovation, ransomware attacks clearly fall into that definition of “disruptive”, especially for any business on the receiving end of that “innovation”. While ransomware attacks are not new, they remained largely underreported in the mainstream media for many years.

Ransomware 71

Ransomware Government Media DNS 71

Spinone

DECEMBER 20, 2018

How can organizations reduce, prevent, and even avoid data breaches in the cloud? Let’s look at a few strategies and technologies that can be successfully used to secure data in the cloud and help reduce and even prevent data breaches in the cloud. Sadly, ransomware sheds a bad light on encryption.

Data breaches 58

Data breaches Encryption Backups Accountability 58

CyberSecurity Insiders

MARCH 15, 2021

Tenable’s Security Response Team says that in the past 2 months over 56 breaches were disclosed by the end of Feb’2021. As per the researchers, most of the healthcare related data breaches happened because of ransomware that accounted for over 54.95 percent ransomware breaches, Maze followed the path with over 6.17

Cybersecurity 80

Cybersecurity Healthcare Data breaches Cyber Attacks 80

CyberSecurity Insiders

FEBRUARY 3, 2023

The company is, however, not interested in bowing down to the demands of hackers and is interested in recovering their data from backups, as they already have a proactive data continuity plan in place. NOTE 1- The Guardian’s UK branch was the first to get targeted in the attack on December 20th,2022 and it was of ransomware variant.

Cyber Attacks 117

Cyber Attacks Artificial Intelligence Identity Theft Cyber Risk 117

The Last Watchdog

MAY 12, 2021

A new report from Sophos dissects how hackers spent two weeks roaming far-and-wide through the modern network of a large enterprise getting into a prime position to carry out what could’ve been a devasting ransomware attack. They used very nation state-like tactics, from a ransomware perspective,” Schiappa told me.

Ransomware 118

Ransomware Hacking Firewall Digital transformation 118

SecureWorld News

APRIL 17, 2023

Pros of cyber insurance Financial protection: Cyber insurance can help protect an organization from significant financial losses resulting from a cyberattack or data breach. False sense of security: Having cyber insurance should not be a substitute for investing in strong cybersecurity measures and practices.

Cyber Insurance 97

Cyber Insurance Insurance Risk CISO 97

SecureWorld News

JULY 3, 2023

As we rely increasingly on digital technologies for our work, communication, entertainment, and education, we also expose ourselves to more and more cyber risks. But how much do we know about the cyber threats we face daily? The global average data breach cost is $4.24 How prepared are we to deal with them?

Cybercrime 82

Cybercrime Social Engineering Data breaches Cyber threats 82

SecureWorld News

AUGUST 18, 2020

The Carnival Corporation, which has canceled cruises for months now as a result of COVID-19, says one of its cruise brands was hit with a ransomware cyberattack. What do we know about the Carnival Cruises ransomware attack? Securities and Exchange Commission, notifying the SEC of the data breach. Remediation is underway.

Cyber Insurance 80

Cyber Insurance Ransomware Insurance Technology 80

Security Affairs

MARCH 24, 2024

Cybersecurity US holds conference on military AI use with dozens of allies to determine ‘responsible’ use DFSA’s Cyber Risk Management Guidelines: A Blueprint for Cyber Resilience?

Malware 109

Malware Cybercrime Hacking Cyber threats 109

BH Consulting

MARCH 21, 2024

Creeping cyber risk grabbing global headlines Ransomware keeps reminding us of the strong connection between a cybersecurity incident and financial loss. CNN reports that ransomware victims in the US healthcare sector say they’re “haemorrhaging money”, as disruption affects their daily operations.

Cyber threats 69

Cyber threats Ransomware Healthcare Risk 69

eSecurity Planet

MAY 27, 2021

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. In addition, the U.S.

Cyber Insurance 126

Cyber Insurance Insurance Cyber Attacks Ransomware 126

SiteLock

AUGUST 27, 2021

A data breach, ransomware attack or other digital attack that knocks your website offline can cost your business anywhere from thousands to millions of dollars in remediation, lawsuits from customers and fines by regulators. The site is down, and the criminals want money to unencrypt the data.

Data breaches 98

Data breaches DDOS Ransomware Marketing 98

Thales Cloud Protection & Licensing

MAY 10, 2022

With businesses becoming more and more digitized, they are exposed to greater cyber risks. And while organizations are taking steps to protect against cyber attacks, cybersecurity controls are not impenetrable. Cyber risk insurance covers the costs of recovering from a security breach, a virus, or a cyber-attack.

Cyber Insurance 77

Cyber Insurance Insurance Cyber Risk Authentication 77

Approachable Cyber Threats

JULY 31, 2023

and then repeat that process for the many other risks that could lower the value of your investment. In the same way, your investors want to know how prepared you are to foresee and mitigate cybersecurity risk events like data breaches, ransomware, and data center outages resulting from cyber attacks.

Cybersecurity 98

Cybersecurity Risk Cyber Risk Data breaches 98

Webroot

JULY 25, 2022

Cyber insurance becomes mainstream discussion. As cyberattacks have become more costly and more challenging to track, cyber insurance has gained prominence across the industry. The cyber insurance market is expected to reach around $20B by 2025.

Cyber Insurance 124

Cyber Insurance Insurance Marketing Phishing 124

CyberSecurity Insiders

DECEMBER 6, 2021

Like years past, 2021 revealed more of the same for the cybersecurity industry—more breaches, bigger ransomware attacks, higher stakes. When cybersecurity is a key business objective, organizations build customer trust, strengthen brand reputation and save money in the long run, as the average cost of a data breach in 2021 rose to $4.24

Cybersecurity 105

Cybersecurity Ransomware Security Awareness Technology 105

IT Security Guru

FEBRUARY 28, 2023

Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.

Cyber Insurance 113

Cyber Insurance Insurance Marketing Cyber Risk 113

SC Magazine

MAY 24, 2021

Overall, insurance companies seem to be responding to increased demand from clients for cyber-specific insurance, and one survey found that the two things most likely to spur a purchase of cyber insurance are when a business experiences a cyber attack and when they hear about other companies being hit by a cyber attack.

Cyber Insurance 94

Cyber Insurance Insurance Marketing Cyber Risk 94

CyberSecurity Insiders

FEBRUARY 7, 2022

Staying safe online is not just a worry for parents of young children and teenagers – organizations are also constantly at risk from cyber-attacks, which is why training staff to reduce the likelihood of any such attack is crucial. Using varied eLearning techniques.

Internet 94

Internet Internet Data breaches Phishing 94

NetSpi Executives

OCTOBER 17, 2023

It’s important to note that non-compliance with these cyber device submission elements is prohibited under Section 301 of the Federal Food, Drug, and Cosmetic (FD&C) Act, underscoring the gravity of these updates. At NetSPI, our goal is to equip our clients to maintain the security of their systems and avoid potential breaches.

Healthcare 85

Healthcare Manufacturing Cyber Risk Cybersecurity 85

SecureWorld News

DECEMBER 16, 2020

This is a concerning discovery and proves that more stringent security processes must be put in place to protect how sensitive medical data is shared and stored by healthcare professionals. A balance between security and accessibility is imperative to prevent leaks from becoming a major data breach.”. IoT search engine Shodan.

Healthcare 55

Healthcare Data breaches IoT Engineering 55

CyberSecurity Insiders

OCTOBER 25, 2021

As per the Internet Crime Complaints Center of US statistics, the most common cyber crime prevailing in United States was found to be phishing followed by ransomware related extortion.

Cyber threats 137

Cyber threats Data breaches Internet Internet 137

Thales Cloud Protection & Licensing

JULY 4, 2022

Cybersecurity insurance was originally designed to cover data breaches as a result of U.S. For example, credit monitoring and breach notification costs were the focus of early policies. As privacy regulations, as well as cyber risks increased, insurance covering these challenges has grown in popularity for many organizations.

Insurance 71

Insurance Cybersecurity Risk Data breaches 71

Thales Cloud Protection & Licensing

NOVEMBER 20, 2022

In addition, if individual access is not quickly withdrawn upon an employee's departure from the organization, it might constitute an equally severe cyber risk. Without access management, organizations become increasingly vulnerable to data breaches arising from compromised identities.

Retail 71

Retail Authentication Data breaches Risk 71

BH Consulting

JUNE 22, 2021

Also known as cyber risk insurance, it’s now a prerequisite in some public sector tenders. You could argue cybersecurity insurance is useful because it makes people think of business risk, not just IT problems. Ultimate responsibility for data breaches rests with the board and the CEO.

Insurance 83

Insurance Cybersecurity Cyber Insurance Cyber Risk 83