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The Evolving Role of Cyber Insurance in Mitigating Ransomware Attacks

SecureWorld News

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.

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Cyber Security Awareness and Risk Management

Spinone

It is vital for any enterprise landscape to ensure viable, open, and reliable corporate communications – fostering innovation and economic prosperity, with respect to safeguarding against disruption and serious cyber risk perception. What are the benefits of cyber security awareness trainings?

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A Ransomware Group Claims to Have Breached the Foxconn Factory

Hacker Combat

ransomware to conduct the cyber-attack, the hackers threaten to expose stolen files unless the company pays a ransom. The ransomware gang demanded over $34 million in bitcoin to be paid as ransom. How to Recognize a Ransomware Attack. How to Prevent Ransomware Attacks. using the LockBit 2.0

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Strong medical device security awareness stifled by inventory, knowledge gaps

SC Magazine

This creates a major gap in security awareness, considering the 65,000 ransomware attacks deployed in the U.S. in the last year and the continued rise in cyber events. In health care, ransomware and data breaches frequently receive the most media attention. Combatting health care’s greatest threats.

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Can you Become Ransomware-Proof?

Security Boulevard

Wouldn’t it be great if you had enough confidence in your information security program that if a criminal gang attacked you, you would be able to defend yourself, keep your business going and notify the appropriate legal authorities and any vendor partners that might be impacted? With a mature information security program, you are able.

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CISO’s Guide to Presenting Cybersecurity to Board Directors

CyberSecurity Insiders

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.

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Poll Data: What CEOs Need to Know About Cybersecurity Going into 2022

CyberSecurity Insiders

Like years past, 2021 revealed more of the same for the cybersecurity industry—more breaches, bigger ransomware attacks, higher stakes. One respondent said, “security is not only a business expense, but it’s a valid business need and [must] be funded appropriately to defend against ransomware and sophisticated threats.”