Schneier on Security
JULY 1, 2021
As ransomware becomes more common, I’m seeing more discussions about the ethics of paying the ransom. Here’s one more contribution to that issue: a research paper that the insurance industry is hurting more than it’s helping. However, the most pressing challenge currently facing the industry is ransomware.
CyberSecurity Insiders
AUGUST 15, 2022
Ever wondered what is covered and what is not in your Cyber Insurance Policy? If not, you better review the guidelines and inform all your C-level employees on strategies to cope with the losses that remain out of the cyber insurance cover. Otherwise, the cyber insurer will not offer any policy coverage.
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The Last Watchdog
SEPTEMBER 20, 2019
However, at this moment in history, two particularly worrisome types of cyber attacks are cycling up and hitting local government entities hard: ransomware sieges and election tampering. population 12,046, paid $460,000, respectively, for ransomware decryption keys. Ransomware attacks are trendy again,” Weller told me. “If
CyberSecurity Insiders
OCTOBER 24, 2022
From December 2021 through January the following year, Bernalillo County was slammed by a ransomware attack that targeted government services. From banking to personal data collection, schools must ensure that their systems come with security features and that their employees comply with those security features. Cyber insurance.
Krebs on Security
DECEMBER 29, 2022
The Kremlin breaks with all tradition and announces that — at the request of the United States — it has arrested 14 people suspected of working for REvil , one of the more ruthless and profitable Russian ransomware groups. The data is published after Medibank reportedly declines to pay a US$10 million ransom demand.
Cytelligence
FEBRUARY 4, 2020
Global cyber insurance premiums are expected to grow from $4 billion in 2018 to $20 billion by 2025. As the number of network intrusions, data breaches, ransomware attacks, and similar threats continues to increase in both frequency and severity, expertise in cyber incident response becomes critical to organizations and insurance companies.,”
CyberSecurity Insiders
APRIL 12, 2021
billion in losses, according to data collected by the FBI’s The Internet Complaint Center (IC3). Specific targets included unemployment insurance, Paycheck Protection Program (PPP) loans, and Small Business Economic Injury Disaster Loans. Ransomware and Tech Support. million.
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