eSecurity Planet

APRIL 22, 2022

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks. That’s a 29.1%

Cyber Insurance 112

Cyber Insurance Insurance Marketing Small Business 112

Security Affairs

FEBRUARY 21, 2023

Recently emerged HardBit ransomware gang adjusts their demands so the insurance company would cover the ransom cost. The HardBit ransomware group first appeared on the threat landscape in October 2022, but unlike other ransomware operations, it doesn’t use a double extortion model at this time. Very important!

Insurance 80

Insurance Ransomware Cyber Insurance Malware 80

CSO Magazine

MARCH 22, 2022

Cybercrime can be a very lucrative career choice—if you don’t mind participating in illegal activity or the possibility of getting arrested. Unfortunately with the growth in Ransomware as a Service (RaaS) and the breadth of the cybercrime ecosystem , the challenge is not going away anytime soon. There is no question about it.

Cyber Insurance 83

Cyber Insurance Insurance Cybercrime Ransomware 83

SecureWorld News

APRIL 17, 2023

When considering adding a cyber insurance policy, organizations, both public and private, must weigh the pros and cons of having insurance to cover against harm caused by a cybersecurity incident. Compliance: Certain industries and jurisdictions require organizations to have cyber insurance or to meet certain cybersecurity standards.

Cyber Insurance 97

Cyber Insurance Insurance Risk CISO 97

Malwarebytes

APRIL 27, 2022

You’ve likely only seen cybercrime insurance primarily mentioned in relation to attacks on businesses. Most commonly, it’s cited with regard to ransomware attacks in the workplace, or associated data loss. Personal insurance plans are slowly becoming a more visible and talked about topic. So far, so good.

Cyber Insurance 75

Cyber Insurance Insurance Backups Cryptocurrency 75

Security Affairs

MAY 21, 2021

The US insurance giant CNA Financial reportedly paid a $40 million ransom to restore access to its files following a ransomware attack. CNA Financial, one of the largest insurance companies in the US, reportedly paid a $40 ransom to restore access to its files following a ransomware attack that took place in March.

Insurance 98

Insurance Ransomware Cybercrime Hacking 98

CyberSecurity Insiders

NOVEMBER 13, 2022

Already, from the past two months, the IT infrastructure owned by the government agencies such as telecom and insurance are being constantly targeted by state funded hackers. In case of ransomware, the victim is being asked to shell out millions to free up data.

Ransomware 130

Ransomware Insurance Cryptocurrency Cybercrime 130

Security Affairs

NOVEMBER 8, 2023

Five Canadian hospitals were victims of a ransomware attack, threat actors claim to have stolen data from them and leaked them. Five Canadian hospitals revealed they were victims of ransomware attacks after threat actors leaked alleged stolen data. TransForm is a non-profit group that provides IT services to the above hospitals.

Ransomware 113

Ransomware Healthcare VPN Insurance 113

The Last Watchdog

JULY 13, 2023

London, July 13, 2023 — Beazley, the leading specialist insurer, today published its latest Risk & Resilience report: Spotlight on: Cyber & Technology Risks 2023. The economic impact of cybercrime on business across the globe continues to reach new levels, with the cost predicted to reach US$10.5

Cyber Risk 189

Cyber Risk Risk Insurance Energy and Utilities 189

CyberSecurity Insiders

JANUARY 6, 2023

By the time they adjust their processes, beef up their defenses, and add new layers of security, they find themselves battling more virulent ransomware strains and cyber-scams. Insurance Refusals and Rate Hikes. But not insurance companies. Slow Gains on Storage and Backup Security. Organizations typically house a LOT of data.

Backups 136

Backups Ransomware Insurance Cyber Insurance 136

Security Affairs

APRIL 16, 2024

The Dark Angels (Dunghill) ransomware group claims the hack of the chipmaker Nexperia and the theft of 1 TB of data from the company. The Dark Angels (Dunghill) ransomware group claims responsibility for hacking chipmaker Nexperia and stealing 1 TB of the company’s data. The chipmaker has 14,000 employees as of 2024.

Ransomware 109

Ransomware Manufacturing Hacking Insurance 109

Security Affairs

NOVEMBER 8, 2022

Australian health insurer Medibank confirmed that personal data belonging to around 9.7 million current and former customers were exposed as a result of a ransomware attack. of current and former customers were exposed as a result of a recent ransomware attack. SecurityAffairs – hacking, ransomware). million customers.

Ransomware 89

Ransomware Insurance Data breaches Cybercrime 89

CyberSecurity Insiders

JUNE 22, 2023

Instead, the ransom pay can be covered from a cyber insurance policy, provided it is taken prior to the launch of the attack and covers the costs associated with the malware attack. Remember, prevention is key when it comes to ransomware attacks. Nope, says a renowned international bank from UK.

Ransomware 96

Ransomware Banking Cyber Insurance Insurance 96

Security Affairs

JANUARY 19, 2024

Ransomware groups claimed that they successfully targeted 4191 victims in 2023, Cybernews researchers report. According to the Ransomlooker tool, the number of ransomware attack victims increased by 128.17% compared to the previous year (2022), with 1837 additional incidents. Winter was the least active time (14.6%

Ransomware 120

Ransomware Manufacturing Retail Insurance 120

Javvad Malik

FEBRUARY 27, 2023

According to a German study, lightning strikes accounted for 80% of wind turbine insurance claims. The German electric power company Energieerzeugungswerke Helgoland GmbH shut down and dismantled their Helgoland Island wind power plant after being denied insurance against further lightning losses.

Insurance 140

Insurance Social Engineering Manufacturing Cybercrime 140

Security Affairs

JUNE 2, 2023

After the recent ransomware attack, Point32Health disclosed a data breach that impacted 2.5 In April, the non-profit health insurer Point32Health took systems offline in response to a ransomware attack that took place on April 17. ” As of the time of writing, no ransomware group has taken responsibility for the attack. .”

Ransomware 85

Ransomware Insurance Data breaches Cybersecurity 85

Security Affairs

SEPTEMBER 28, 2023

Johnson Controls International suffered a ransomware attack that impacted the operations of the company and its subsidiaries. Johnson Controls International announced it has suffered a ransomware attack that impacted many systems of the company, Bleeping Computer reported. ” reported Bleeping Computer. .”

Ransomware 116

Ransomware Insurance Technology Encryption 116

Security Affairs

NOVEMBER 17, 2023

Toyota Financial Services discloses unauthorized activity on systems after the Medusa ransomware gang claimed to have hacked the company. TFS offers various financial products, including auto loans, leases, and insurance solutions.

Financial Services 121

Financial Services Hacking Ransomware Data breaches 121

Security Affairs

OCTOBER 6, 2023

Hospitality and entertainment company MGM Resorts announced that the costs of the recent ransomware attack costs exceeded $110 million. In September the hospitality and entertainment company MGM Resorts was hit by a ransomware attack that shut down its systems at MGM Hotels and Casinos.

Ransomware 117

Ransomware Insurance Banking Hacking 117

Security Affairs

FEBRUARY 28, 2024

healthcare organizations of targeted ALPHV/Blackcat ransomware attacks. healthcare organizations of targeted attacks conducted by ALPHV/Blackcat ransomware attacks. The advisory updates to the FBI FLASH BlackCat/ALPHV Ransomware Indicators of Compromise released on April 19, 2022 and on December 19, 2023.

Healthcare 105

Healthcare Ransomware Government Insurance 105

Security Affairs

DECEMBER 16, 2023

The Hunters International ransomware gang claims to have hacked the Fred Hutchinson Cancer Center (Fred Hutch). Another healthcare organization suffered a ransomware attack, the Hunters International ransomware gang claims to have hacked the Fred Hutchinson Cancer Center (Fred Hutch). ” reported the Seattle Times. “If

Ransomware 109

Ransomware Hacking Insurance Healthcare 109

Security Affairs

OCTOBER 1, 2023

Bleeping Computer last week reported that Johnson Controls International has suffered a ransomware attack that impacted many systems of the company. Threat actors initially breached the systems at Asia offices, the ransomware also targeted the VMware ESXi servers. reported Bleeping Computer. ” reads the article published by CNN.

Ransomware 126

Ransomware Insurance Technology Encryption 126

Security Affairs

MAY 29, 2023

MCNA Dental is one of the largest US dental care and oral health insurance providers. The security breach exposed the personal information of current or former provider of dental/orthodontic care to members of certain state Medicaid and Children’s Health Insurance Programs, for which MCNA provides dental benefits and services.

Ransomware 84

Ransomware Insurance Data breaches Identity Theft 84

Security Affairs

MARCH 17, 2024

France Travail data breach impacted 43 Million people Scranton School District in Pennsylvania suffered a ransomware attack Lazarus APT group returned to Tornado Cash to launder stolen funds Moldovan citizen sentenced in connection with the E-Root cybercrime marketplace case UK Defence Secretary jet hit by an electronic warfare attack in Poland Cisco (..)

Data breaches 104

Data breaches Computers and Electronics Cybercrime Ransomware 104

Security Affairs

MAY 15, 2023

A previously unknown ransomware group known as RA Group is targeting companies in U.S. Cisco Talos researchers recently discovered a new ransomware operation called RA Group that has been active since at least April 22, 2023. The researchers assess with high confidence that the group is using the leaked Babuk ransomware source code.

Ransomware 84

Ransomware Encryption Cybercrime Insurance 84

Krebs on Security

DECEMBER 8, 2022

Ransomware groups are constantly devising new methods for infecting victims and convincing them to pay up, but a couple of strategies tested recently seem especially devious. Department of Health and Human Services (HHS) warned that Venus ransomware attacks were targeting a number of U.S. “ Cl0p ” a.k.a.

Healthcare 255

Healthcare Backups Ransomware Insurance 255

Malwarebytes

FEBRUARY 13, 2023

The pressure on victims of cybercrime to notify authorities in a timely manner is increasing from many sides and for multiple reasons. In the take-down of the Hive ransomware group the international law enforcement agencies stressed how crucial it was that victims filed timely reports about the cybercrimes committed against them.

Insurance 76

Insurance Cybercrime Healthcare Data breaches 76

Security Affairs

AUGUST 21, 2020

The University of Utah admitted to have paid a $457,059 ransom in order to avoid having ransomware operators leak student information online. The university did not reveal the ransomware family involved in the attack. ” According to the University, the ransomware encrypted only 0.02% of the data stored on its servers.

Ransomware 144

Ransomware Cyber Insurance Insurance Advertising 144

Security Affairs

JANUARY 7, 2023

The Hive ransomware gang just leaked 550 GB of data stolen from the Consulate Health Care, including customer and employee PII data. The Hive ransomware gang this week added the company to its Tor leak site, threatening to publish the stolen data. Negotiations fell apart and 3 days quickly turned into 3 hours. Pierluigi Paganini.

Ransomware 80

Ransomware Insurance Data breaches InfoSec 80

Security Affairs

FEBRUARY 27, 2024

A BlackCat ransomware attack hit UnitedHealth Group subsidiary Optum causing an outage impacting the Change Healthcare payment exchange platform. A ransomware attack hit the UnitedHealth Group subsidiary Optum leading to an outage impacting the Change Healthcare payment exchange platform. ” reads the Reuters.

Ransomware 90

Ransomware Healthcare Government Technology 90

Security Affairs

AUGUST 9, 2021

A ransomware attack hit City of Joplin forcing the IT staff to shutdown the City computer. Finally the insurer for Joplin paid $320,000 to threat actors. A ransomware attack last month hit the City of Joplin forcing the IT staff to shut down the city’s government’s computer system to prevent the threat from spreading.

Ransomware 107

Ransomware Insurance Internet Internet 107

CyberSecurity Insiders

APRIL 12, 2021

The costliest cybercrimes were against businesses, involving Business E-mail Compromise (BEC) schemes that added up to U.S. Phishing attacks topped the list of all cybercrimes, totaling 241,342 incidents – more than double the 2019 total of 114,702 – and causing losses of more than U.S. $54 Ransomware and Tech Support.

Cybercrime 52

Cybercrime Internet Internet Small Business 52

Security Affairs

DECEMBER 1, 2023

The Black Basta ransomware gang infected over 300 victims accumulating ransom payments exceeding $100 million since early 2022. The Black Basta ransomware group has been active since April 2022, like other ransomware operations, it implements a double-extortion attack model. ” reads the Elliptic’s report.

Ransomware 85

Ransomware Retail Malware Insurance 85

Security Affairs

DECEMBER 29, 2022

The Lake Charles Memorial Health System (LCMHS) suffered a ransomware attack that impacted 270,000 patients. Health insurance information. Despite the Notice sent to the patients doesn’t provide technical details about the attack, it seems that the company suffered a ransomware attack. Physical addresses. Dates of birth.

Computers and Electronics 89

Computers and Electronics Ransomware Data breaches Identity Theft 89

Security Affairs

SEPTEMBER 23, 2023

The City of Dallas revealed that the Royal ransomware gang that hit the city system in May used a stolen account. In May 2023, a ransomware attack hit the IT systems at the City of Dallas , Texas. CBS News Texas obtained an image the ransomware note dropped by the malware on the infected systems. ” continues the report.

Ransomware 104

Ransomware Surveillance Healthcare Accountability 104

Security Affairs

OCTOBER 22, 2022

US government agencies warned that the Daixin Team cybercrime group is actively targeting the U.S. Healthcare and Public Health sector with ransomware. CISA, the FBI, and the Department of Health and Human Services (HHS) warned that the Daixin Team cybercrime group is actively targeting U.S. ” reads the alert. .”

Ransomware 69

Ransomware VPN Cybercrime Accountability 69

SecureWorld News

OCTOBER 18, 2022

But SecureWorld did just that on October 13th when we spoke with Theresa Payton on the topic of "Ransomware: Malware as an Ongoing Email Issue." Why is ransomware a popular attack method? Payton said it's still prominent simply "because it works for ransomware syndicates. Payton was joined by Abnormal Security CISO Mike Britton.

Ransomware 86

Ransomware Insurance CISO Social Engineering 86