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How a Credential Harvesting Attack Cost Companies $1 Million

SecureWorld News

Office supply phishing cyberattack campaign. A federal judge just sentenced a Nigerian national to three years in prison for being part of a phishing ring that effectively stole office supplies so it could resell them. In a ransomware attack, they encrypt it or steal it and threaten to publish your data unless you pay a ransom.

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How MFA and Cyber Liability Insurance Effectively Manage Risk in Higher Education

Duo's Security Blog

Recently, while co-hosting a webinar that kicked off Cybersecurity Awareness Month, a panelist commented that cybersecurity and privacy are team sports on a campus, much like our athletic teams. The use of phishing to take over user accounts as a first step to gain access to a campus for a ransomware attack has been making the headlines.

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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.

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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.

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BlastWave and Cysurance Roundtable: More Fender Benders, Fewer Totals, and a Smog Test

Security Boulevard

MSPs experienced rising liability due to dynamic risk as they became the gateway for supply chain attacks over the past few years. Even worse, the initial ransomware attack isn’t the only problem. You can check boxes and legally claim you have a product, but the actual risk reduction and implementation can vary.

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What’s new at BH Consulting: marking European Cybersecurity Month and more

BH Consulting

Overall, the aim is to highlight good cyber hygiene and security practice. In 2020, many cybercriminals exploited the Coronavirus pandemic to launch phishing campaigns and other online financial frauds. Ransomware risk is rising, but we’ve got your back. This an extremely common tactic because it’s so effective.