Malwarebytes

OCTOBER 11, 2023

The Philippine Health Insurance Corporation (PhilHealth), has confirmed that it was unprotected by antivirus software when it was attacked by the Medusa ransomware group in September. EDR can detect an intruder's suspicious activity in advance of them running ransomware, as well as being able to identify the ransomware itself.

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Antivirus Insurance Ransomware Healthcare 96

eSecurity Planet

OCTOBER 18, 2022

For any organization struck by ransomware , business leaders always ask “how do we decrypt the data ASAP, so we can get back in business?”. The good news is that ransomware files can be decrypted. What can be done to recover from ransomware attacks when backups are not available? Insured companies often will not have options.

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Ransomware Encryption Insurance Backups 145

Thales Cloud Protection & Licensing

JULY 4, 2022

How Cybersecurity Insurance Can Work To Help An Organization. For many years, organizations had limited options for addressing data protection risks. A company could never eliminate risk, but they could try to reduce or mitigate it. The function of cybersecurity insurance. What does cybersecurity insurance cover?

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Insurance Cybersecurity Risk Data breaches 71

CyberSecurity Insiders

JANUARY 26, 2022

Merck, the Pharma giant from New Jersey, has won a legal battle with its insurer for covering costs related to the NotPetya ransomware attack that crippled its computer networks to the core incurring losses in millions. Moving ahead into the details, the year 2017 witnessed many companies falling prey to NotPetya ransomware hackers.

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Ransomware Insurance Cyber Insurance Hacking 112

CyberSecurity Insiders

JUNE 3, 2022

Healthcare providers are opting to pay a ransom in the event of ransomware attacks, instead of recovering it from data backups. The reason is as it is easy and guarantees 100% encrypted data return- Of course, as per their perspective!

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Healthcare Ransomware Insurance Backups 120

CyberSecurity Insiders

JUNE 1, 2023

A recent ransomware attack on a New York-based biotech company, Enzo Biochem, has resulted in the exposure of sensitive information belonging to more than 2.5 The identity of the ransomware group responsible for the attack has yet to be disclosed, as investigations into the incident are ongoing. million patients.

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Ransomware Healthcare Insurance Backups 107

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. The threat actors also claim to have stolen over 27 TB of corporate data and encrypted the company’s VMWare ESXi virtual machines during the attack.” reported Bleeping Computer.

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Ransomware Insurance Technology Encryption 124

CyberSecurity Insiders

APRIL 19, 2022

A study conducted by Cybersecurity Firm Mandiant confirms that ransomware actors are increasingly targeting virtualization platforms to extort ransom in large amounts. M-Trends 2022 report not only disclosed what threat actors are doing, but has also offered ways to mitigate risks. And they are some strategies to mitigate risks.

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Ransomware Cyber Insurance Insurance Cryptocurrency 120

eSecurity Planet

OCTOBER 5, 2021

Malware has been around for nearly 40 years, longer even than the World Wide Web, but ransomware is a different kind of threat, capable of crippling a company and damaging or destroying its critical data. Ransomware Protection and Recovery Steps. Ransomware removal tools. Ransomware recovery services. Data backup.

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Ransomware Backups Encryption Insurance 139

CyberSecurity Insiders

SEPTEMBER 20, 2021

In addition, workers are trained to identify ransomware attacks and business email compromise funds. Encryption and data backup. Data encryption is a protection strategy that renders data useless even when an intruder accesses it. Additionally, backing up your data and storing it helps you stay safe from ransomware attackers.

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Cybersecurity Insurance Passwords Encryption 121

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. Encrypting sensitive data wherever possible.

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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.

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Ransomware Surveillance Healthcare Accountability 102

Thales Cloud Protection & Licensing

FEBRUARY 15, 2023

The Pain of Double Extortion Ransomware divya Thu, 02/16/2023 - 06:10 Ransomware perpetrators are adopting more sophisticated attack techniques with much success. Ransomware attacks have become much more dangerous and have evolved beyond basic security defenses and business continuity techniques like next-gen antivirus and backups.

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Ransomware Encryption Backups Cyber Insurance 71

SecureWorld News

AUGUST 18, 2020

The Carnival Corporation, which has canceled cruises for months now as a result of COVID-19, says one of its cruise brands was hit with a ransomware cyberattack. What do we know about the Carnival Cruises ransomware attack? Hackers encrypted some files. Ransomware attacks 2020: what do cybercrminals want?

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Cyber Insurance Ransomware Insurance Technology 88

CyberSecurity Insiders

OCTOBER 26, 2022

The impact of ransomware attacks on businesses is twofold. While many equate ransomware with encrypted files and potential ransom payments, the consequences go even further in terms of the costs and requirements of an organization. The Dangers of Ransomware Attacks. By Rajesh Ram, Chief Strategy Officer at Egnyte.

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Ransomware Cyber Insurance Insurance Risk 120

eSecurity Planet

SEPTEMBER 10, 2021

In a year where ransomware has raised the alert levels everywhere, the go-to answer from many is redundancy through offline, remote backups – but are they enough? As ransomware threats loom, we look at where backups fall short, and what to keep in mind to optimize network and data security. Where Backups Fall Short Against Ransomware.

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Backups Ransomware Encryption Malware 118

eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware attacks and costs.

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CyberSecurity Insiders

JUNE 21, 2023

Going forward, let us list out the victims who have been impacted by the attack after the hack-ers gained control of Moveit file transfer software worldwide, a business unit of Progress Software. The post List of victimized companies of MOVEit Cyber Attack appeared first on Cybersecurity Insiders.

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Malwarebytes

FEBRUARY 19, 2023

Ransomware On February 16, 2023, MKS filed notice of a data breach after learning of the ransomware attack that resulted in sensitive employee information being made accessible to an unauthorized party. Chip equipment industry There is no good time for a ransomware attack, but this one comes with very bad timing.

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Ransomware Backups Manufacturing Marketing 85

SecureWorld News

JULY 7, 2022

United States government agencies recently released a joint Cybersecurity Advisory (CSA) providing information on how North Korean state-sponsored threat actors are actively using Maui ransomware to attack healthcare organizations. What is Maui ransomware? Using manually operated ransomware.

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Healthcare Ransomware Encryption Government 82

CyberSecurity Insiders

OCTOBER 20, 2021

Okumu lived through the ransomware attack on the City of Baltimore in 2018, which affected 90% of the municipality’s applications. As the then-director of IT infrastructure for the city, he learned a lot of valuable lessons about defending against and recovering from a ransomware attack. It had started sometime between 4 a.m.

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Ransomware Backups Insurance Cyber Insurance 111

SecureWorld News

DECEMBER 4, 2023

Fidelity National Financial (FNF), one of the largest title insurance providers in the United States, announced on November 21 that it fell victim to a sophisticated cyberattack. The ransomware group BlackCat has claimed responsibility for the attack. In an SEC filing on Nov. FNF's claim of having 'contained' the attack by Nov.

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Cyber Attacks Insurance Ransomware Education 103

SecureWorld News

FEBRUARY 29, 2024

Change Healthcare, a major provider of IT services to hospitals, continues to battle the BlackCat ransomware syndicate. The FBI and CISA have labeled BlackCat one of the most prolific and damaging ransomware groups currently active. BlackCat had established itself as a formidable player in the ransomware landscape. authorities.

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Healthcare Ransomware Cyber threats Encryption 103

SecureWorld News

SEPTEMBER 5, 2023

In a recent revelation, security researcher Jeremiah Fowler uncovered a significant data leak affecting one of the United States' largest health insurance companies, Cigna Health. The exposed database offered a unique glimpse into the operations of Cigna Health, one of the nation's largest health insurance providers.

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Backups Insurance Healthcare Data breaches 97

Malwarebytes

DECEMBER 20, 2022

H-Hotels, a large hospitality chain with 60 hotels across several countries including Germany and Switzerland has announced it has fallen victim to a ransomware attack. The incident, which took place on December 11, is allegedly a double whammy of hijacked devices and data theft…if a ransomware group is telling the truth.

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Ransomware Backups Cyber Insurance Encryption 76

Security Affairs

MAY 13, 2021

FBI and DHS’s CISA have published a joint alert on DarkSide ransomware activity after the disruptive attack on Colonial Pipeline. FBI and DHS’s CISA have published a joint alert to warn of ransomware attacks conducted by the DarkSide group. The group provides Ransomware-as-a-Service (RaaS) to a network of affiliates.

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Ransomware Healthcare Phishing Risk 107

Malwarebytes

JANUARY 26, 2022

Due to the evolving and growing impact of cybersecurity incidents there are some questions starting to arise about the way that insurance companies deal with the costs that are the results of such incidents. But cyber insurance comes in different flavors and sizes. Pharmaceutical giant Merck & Co. Merck suffered US$1.4

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Insurance Cyber Insurance Ransomware Data breaches 81

Thales Cloud Protection & Licensing

MAY 9, 2022

It is hard to believe that it has already been one year since the Colonial Pipeline ransomware attack that forced the U.S. This attack was one of the biggest ransomware ones to date. Attacks on Critical National Infrastructure will continue to rise in 2022 as ransomware gangs show no signs of abating. Mon, 05/09/2022 - 05:40.

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Cyber Insurance Insurance Backups Ransomware 71

Malwarebytes

JULY 11, 2022

Last week on Malwarebytes Labs: My Body, My Data Act would lock down reproductive and sexual health data “Free UK visa” offers on WhatsApp are fakes HackerOne insider fired for trying to claim other people’s bounties Update now! Chrome patches ANOTHER zero-day vulnerability Cloud-based malware is on the rise.

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Cyber Insurance Insurance Spyware Healthcare 72

Malwarebytes

JANUARY 15, 2023

The real world impact of cybercrime rears its head once more, with word that 14 schools in the UK have been caught out by ransomware. There’s no word if any of the schools affected paid the ransom and had their data leaked anyway, or if the ransomware gang stuck to its word and “only” leaked in cases of non-payment.

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Ransomware Backups Education VPN 72

Security Affairs

APRIL 8, 2020

On March 21, the Maze ransomware operators published some of the stolen files on their “leak site,” after the refusal of the research firm of paying the ransom. The attack took place on March 14th, 2020, when the Maze Ransomware operators exfiltrated data from the HMR’s network and then encrypt their systems.

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Ransomware Data breaches Healthcare Advertising 102

Webroot

SEPTEMBER 7, 2023

The number of ransomware attacks has increased by 18% , while the worldwide volume of phishing attacks doubled to 500 million in 2022. Email threat protection and email continuity Email is one of the most common entry points for attacks, from phishing links to ransomware and business email compromise (BEC) to malicious attachments.

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Encryption Cyber Insurance Cybercrime Phishing 88

Herjavec Group

AUGUST 23, 2021

LockBit ransomware was initially discovered in September 2019. Since then, the malware has been used in ransomware attacks against a range of industries located across the globe. 0”, a double-extortive Ransomware-As-A-Service (RaaS) operation. . ” as their new and improved version of the ransomware.

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Ransomware Encryption Manufacturing Backups 52

Thales Cloud Protection & Licensing

JUNE 15, 2023

The most effective way to ensure data security is through encryption and proper key management. Key Management as a Service (KMaaS) allows companies to manage encryption keys more effectively through a cloud-based solution instead of running the service on physical, on-premises hardware.

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Encryption Data breaches Authentication Risk 133

SC Magazine

JULY 2, 2021

Today’s columnist, Troy Wachter of Cyberint, says defeating ransomware groups like the one that hit Colonial Pipeline will take teamwork across departments and threat intelligence tools that show how and where specific threats have originated and how they are evolving. OrbitalJoe CreativeCommons CC BY-NC-ND 2.0.

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Ransomware Engineering Encryption Insurance 59

The Last Watchdog

OCTOBER 5, 2023

Byron: The economic impact of phishing, ransomware, business logic hacking, Business Email Compromise (BEC) and Distributed Denial of Service (DDoS) attacks continues to be devastating. How can companies minimize risks? Regular training and simulations can help reduce risks associated with human errors.

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Cyber threats Cyber Insurance Cybersecurity Threat Detection 203

The Last Watchdog

DECEMBER 5, 2018

The compromised databases included names, addresses, dates of birth, insurance policy details, medical record numbers, account balances and dates of service — of both guarantors and patients. The fact that this incident is being labeled “the Atrium breach” in the media also shows where the reputational risk lies. Sticky problem.

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Data breaches Healthcare Insurance Risk 153