Security Boulevard

NOVEMBER 24, 2023

First published by HelpNetSecurity  — Matthew Rosenquist Cybersecurity insurance is a rapidly growing market, swelling from approximately $13B in 2022 to an estimated $84B in 2030 (26% CAGR), but insurers are struggling with quantifying the potential risks of offering this type of insurance.

Insurance 72

Insurance Risk Cyber Insurance Cybersecurity 72

SecureWorld News

MARCH 28, 2024

Department of Treasury on March 27th released a report titled "Managing Artificial Intelligence-Specific Cybersecurity Risks in the Financial Services Sector." The report highlights the growing concern around artificial intelligence (AI) and its potential to introduce new cybersecurity threats to the financial industry.

Risk 78

Risk Artificial Intelligence Cybersecurity Financial Services 78

Heimadal Security

OCTOBER 4, 2023

Johnson Controls, a major provider of building automation solutions, has fallen victim to a ransomware attack by the Dark Angels ransomware gang, potentially compromising sensitive information related to the U.S. Department of Homeland Security (DHS). What Happened?

Risk 106

Risk Ransomware Cybersecurity 106

Security Affairs

DECEMBER 13, 2023

A Joint Committee on the National Security Strategy (JCNSS) warns of the high risk of a catastrophic ransomware attack on the UK government. The British government is accused of failing to mitigate the risk of ransomware attacks. The UK has the dubious distinction of being one of the world’s most cyber-attacked nations.

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Ransomware Risk Government Cyber threats 98

Heimadal Security

JUNE 26, 2023

In the ever-evolving landscape of cybersecurity threats, Managed EDR (MDR) enables organizations worldwide to safeguard their digital assets. Traditional security measures are at times outpaced and turned […] The post Top Managed EDR Benefits That Reduce Cybersecurity Risk appeared first on Heimdal Security Blog.

Risk 82

Risk Cybersecurity Ransomware Malware 82

Security Boulevard

MARCH 18, 2024

In the ever-evolving landscape of cybersecurity threats, ransomware has emerged as one of the most formidable and costly challenges facing businesses of all sizes. As the world becomes increasingly digitized, the risk of falling victim to this insidious form of cyber attacks continues to escalate.

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Ransomware Cyber Attacks Technology Risk 124

Security Boulevard

JANUARY 25, 2024

The accelerating innovation of generative AI will increase the risks of ransomware and other cyberthreats over the next two years as bad actors integrate the technologies into their nefarious operations, according to a report this week from the UK’s top cybersecurity agency.

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Ransomware Risk Technology Cybersecurity 122

Security Boulevard

OCTOBER 5, 2021

Qualys today launched a Ransomware Risk Assessment Service through which organizations can proactively identify, prioritize, track and ultimately remediate assets that are vulnerable to ransomware attacks. The post Qualys Unfurls Ransomware Risk Assessment Service appeared first on Security Boulevard.

Risk 117

Risk Ransomware Security Awareness Malware 117

eSecurity Planet

NOVEMBER 18, 2022

Ray has wasted little time in assembling a top-notch team, which includes an unnamed cybersecurity forensics firm. ” Also read : Web3 Cybersecurity: Are Things Getting Out of Control? Crypto can also be a way to leverage cybersecurity breaches. Also read : The Link Between Ransomware and Cryptocurrency.

Risk 140

Risk Cybersecurity Cryptocurrency Social Engineering 140

Tech Republic Security

JULY 24, 2022

IT leaders must integrate security tools into a cooperative, consolidated ecosystem using a composable and scalable cybersecurity mesh architecture (CSMA) approach. The post Top Four Steps to Reduce Ransomware Risk appeared first on TechRepublic. By 2024, organizations adopting a CSMA to integrate security tools to.

Risk 96

Risk Ransomware Architecture Cybersecurity 96

Schneier on Security

JULY 1, 2021

As ransomware becomes more common, I’m seeing more discussions about the ethics of paying the ransom. However, the most pressing challenge currently facing the industry is ransomware. Growing losses from ransomware attacks have also emphasised that the current reality is not sustainable for insurers either.

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Insurance Cyber Insurance Ransomware Marketing 286

Dark Reading

OCTOBER 25, 2022

From ransomware to remote workers to cyber-extortion gangs to Fred in shipping who clicks on the wrong link, cybersecurity concerns can keep you awake this season and all seasons.

Cybersecurity 119

Cybersecurity Risk Ransomware 119

eSecurity Planet

DECEMBER 13, 2021

Cybersecurity vaccines are emerging as a new tool to defend against threats like ransomware and zero-day vulnerabilities. Cybersecurity firms have released “vaccines” in recent days to protect against the widely used STOP ransomware strain and the new Apache Log4Shell vulnerability.

Ransomware 140

Ransomware Cybersecurity Encryption Malware 140

SecureWorld News

MARCH 20, 2024

Ransomware attacks have become a significant threat to organizations of all kinds worldwide, with attackers encrypting data and demanding payment for its release. Ransomware and its impact on businesses Industry-specific data from 2023 illustrates the widespread reach of ransomware and its resulting impact today. Let's find out.

Cyber Insurance 95

Cyber Insurance Insurance Ransomware Risk 95

Security Boulevard

MAY 9, 2024

It’s always a good idea to invest in cybersecurity and fraud prevention rather than pay for the consequences later. Especially now when there are all sorts of malicious risks, such as ransomware, trojans, or spyware tools. You know what they say?

Artificial Intelligence 59

Artificial Intelligence Cybersecurity Spyware Ransomware 59

CyberSecurity Insiders

MAY 23, 2023

BullWall , global leaders in ransomware containment, and researchers with Cybersecurity Insiders, today published the Cybersecurity Insiders 2023 Ransomware Report. Ransomware’s biggest negative impacts: 82 percent cite downtime, 75 percent cite financial losses, and 68 percent cite reputational damage.

Ransomware 125

Ransomware Encryption Risk Cybersecurity 125

eSecurity Planet

FEBRUARY 26, 2024

To secure sensitive data, cybersecurity specialists, software vendors, and end users should encourage collaborative efforts against malicious activities. Users are strongly recommended to quickly upgrade their Bricks Builder Theme installations to this current version to reduce the risk of exploitation.

Risk 110

Risk Authentication System Administration Ransomware 110

Heimadal Security

NOVEMBER 16, 2023

Today, the FBI and the Cybersecurity and Infrastructure Security Agency (CISA) have jointly issued a warning about the Rhysida ransomware group. This gang has been attacking various organizations in different sectors since May 2023.

Ransomware 104

Ransomware Cybersecurity Risk 104

The Security Ledger

MAY 16, 2024

In this Spotlight Podcast, host Paul Roberts talks with Chris Walcutt, the CSO of DirectDefense about the rising cyber threats facing operational technology (OT) and how organizations that manage OT - including critical infrastructure owners can best manage increased cyber risks to OT environments. Read the whole entry. »

CSO 52

CSO Risk Energy and Utilities Social Engineering 52

Security Affairs

FEBRUARY 17, 2024

CISA warns that the Akira Ransomware gang is exploiting the Cisco ASA/FTD vulnerability CVE-2020-3259 (CVSS score: 7.5) Cybersecurity and Infrastructure Security Agency (CISA) added a Cisco ASA and FTD bug, tracked as CVE-2020-3259 (CVSS score: 7.5), to its Known Exploited Vulnerabilities catalog. in attacks in the wild.

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Ransomware VPN Education Hacking 130

Security Boulevard

NOVEMBER 4, 2021

Ransomware attacks are ubiquitous, and the insurance markets are chaotic. That, at least, seems to be the state of cybersecurity and risk mitigation since the COVID-19 pandemic began. The post Ransomware and the Uncertainties of Cyberinsurance appeared first on Security Boulevard.

Ransomware 144

Ransomware Insurance Marketing Risk 144

eSecurity Planet

JANUARY 11, 2024

When remote workers connect bring-your-own-device (BYOD) laptops, desktops, tablets, and phones to corporate assets, risk dramatically increases. These devices exist outside of direct corporate management and provide a ransomware gang with unchecked platforms for encrypting data. Which Unmanaged Devices Do Attackers Use?

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Ransomware Encryption IoT VPN 112

eSecurity Planet

APRIL 29, 2024

Integrated risk management (IRM) is a discipline designed to embed risk considerations for the use of technology throughout an organization. In other words, it links technology spending directly to the value of the resource protected and the associated risks controlled by that technology.

Risk 67

Risk Technology Government Penetration Testing 67

eSecurity Planet

JANUARY 6, 2022

About the only consensus on cybersecurity in 2022 is that things will get uglier, but in what ways? Third-party security, ransomware , artificial intelligence (AI) and decentralized finance (DeFi) are some of the threats you can expect to see more of this year – with the potential for far worse results than we’ve seen in the past.

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Ransomware Cybersecurity Artificial Intelligence CISO 128

Bleeping Computer

AUGUST 31, 2021

The FBI and CISA urged organizations not to let down their defenses against ransomware attacks during weekends or holidays to released a joint cybersecurity advisory issued earlier today. [.].

Ransomware 144

Ransomware Risk Cybersecurity 144

Security Boulevard

DECEMBER 7, 2021

Ransomware and supply chain attacks have become two of the top concerns for organizations following a series of high-profile attacks, such as those conducted against Colonial Pipeline, SolarWinds and Kaseya. As we look ahead to 2022, we should pause to reflect on the trends of the past year. In 2021, our Project Memoria revealed close […].

IoT 59

IoT Technology Risk Ransomware 59

eSecurity Planet

JANUARY 18, 2024

When assessing the overall security of cloud storage and choosing a solution tailored to your business, it helps to determine its features, potential risks, security measures, and other considerations. CSP collaboration improves the security environment where there’s a need to mitigate the emerging risks quickly and comprehensively.

Risk 118

Risk Backups Encryption DDOS 118

SecureWorld News

JANUARY 5, 2024

Ransomware continues to pose an alarming threat to critical infrastructure, with the healthcare sector being particularly vulnerable to its devastating effects. In 2023, the United States witnessed a surge in ransomware attacks, with 46 hospital systems comprising 141 hospitals directly impacted. and globally.

Healthcare 103

Healthcare Ransomware Computers and Electronics Identity Theft 103

CSO Magazine

APRIL 14, 2022

A wave of digital initiatives by organizations worldwide has created an explosion of human and machine identities that are increasing the exposure of those organizations to ransomware and supply chain threats, according to CyberArk's 2022 Identity Security Threat Landscape report released Tuesday.

Risk 106

Risk Cybersecurity Ransomware 106

CyberSecurity Insiders

MAY 23, 2023

Ransomware attacks have become a growing concern in recent years, with cybercriminals targeting individuals, businesses, and even government organizations. Establish a Robust Monitoring System: Implementing a robust monitoring system is fundamental to detecting and tracking ransomware attacks.

Ransomware 109

Ransomware Cybersecurity Malware Government 109

CyberSecurity Insiders

JUNE 6, 2023

Numerous risks are inherent in the technologies that all organizations use. These risks have especially become apparent with recent ransomware attacks, which have crippled major infrastructure such as the Colonial Pipeline in the Eastern United States 1. The first part of GRC is governance. The final area of GRC is compliance.

Technology 85

Technology Risk Government Surveillance 85

CSO Magazine

MARCH 28, 2022

The rise of ransomware attacks that occurred after the global pandemic in March 2020 remains a problem. However, ransomware is not the only threat. According to a new report from IDC and Magnet Forensics, the significant lack of cybersecurity skills gap and a plethora of other cyber risks are growing concerns.

Risk 79

Risk Ransomware Financial Services Cyber Risk 79

SecureWorld News

AUGUST 1, 2023

It is no secret that ransomware attacks have been on the rise in recent years and have caused a significant amount of pain to organizations worldwide. One aspect of these cyberattacks that has been hotly debated is the role that cybersecurity insurance plays in these incidents. However, RUSI's research presents a different perspective.

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Cyber Insurance Insurance Marketing Ransomware 88

CyberSecurity Insiders

JANUARY 18, 2023

Many of you get confused with terms cybersecurity and Information Security and think that both these words are same and synonymous. Cybersecurity is one of the significant business function that focuses on protecting IT infrastructure such as data, applications, communication infrastructure and network.

Information Security 136

Information Security Cybersecurity DDOS Data breaches 136

eSecurity Planet

DECEMBER 7, 2022

Despite all this, there is one tech category that has held up fairly well: Cybersecurity. Just look at a report from M&A advisory firm Houlihan Lokey , which found that private cybersecurity company funding grew by 9.4% There have been a number of impressive funding rounds this year for cybersecurity startups.

Cybersecurity 130

Cybersecurity Risk Technology Ransomware 130

CSO Magazine

NOVEMBER 11, 2021

From a cybersecurity standpoint, organizations are operating in a high-risk world. The ability to assess and manage risk has perhaps never been more important. When it isn’t, organizations will likely find themselves the target of a data breach or ransomware attack, or be vulnerable to any number of other security issues.”

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Risk Telecommunications CISO Data breaches 125

Security Boulevard

MARCH 6, 2023

Companies worried about cybersecurity should know that the real risk is inside their corporate firewall. The post HR’s Growing Role in Cybersecurity appeared first on Security Boulevard.

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Cybersecurity Firewall Risk Ransomware 97