This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Related: Getting the most from cyber insurance At RSAC 2025, I met with ESET Chief Security Evangelist Tony Anscombe to trace a quiet but growing convergence: endpoint defense, cyber insurance, and monoculture risk are no longer separate concerns. Cyber insurers want it. And increasingly, that evidence is under scrutiny.
Ransomware attacks on healthcare organizations have sharply increased in 2024, as shown by recent research from Safety Detectives. Compared to 2023, healthcare providers are facing a higher frequency of ransomware incidents, impacting their ability to deliver essential services and protect sensitive patient data.
Were thrilled to unveil our latest threat landscape report for the finance and insurance sector, offering in-depth analysis of the evolving cyber threats facing this industry. These methods enable unauthorized access, credential theft, and ransomware deployment, severely disrupting operations and eroding customer trust.
That might not have been the case at Digital Mint, a ransomware negotiation company where one worker allegedly went rogue. According to Bloomberg , Digital Mint is cooperating with the US Department of Justive (DoJ) to investigate allegations that a former employee had worked with ransomware criminals.
Tools like ChatGPT and Bard, powered by large language models, showcase how generative AI transforms business processesbut they also pose new risks. In a recent survey, 93% of respondents admitted to knowingly increasing their companys cybersecurity risks. The challenge? Securing these AI models and the data they generate.
It is good to see US government leaders realize that ransomware is a growing existential threat to our country, at the hands of our adversaries. A top US national cybersecurity advisor stated in a recent op-ed , “This is a troubling practice that must end.” The government is looking at ways to disrupt ransomware attacks.
A US chain of dental offices known as Westend Dental LLC denied a 2020 ransomware attack and its associated data breach, instead telling their customers that data was lost due to an accidentally formatted hard drive. In October 2020, Westend Dental was attacked by the Medusa Locker ransomware group.
The Cybersecurity and Infrastructure Security Agency (CISA), in collaboration with the Federal Bureau of Investigation (FBI) and the Multi-State Information Sharing and Analysis Center (MS-ISAC), has released a joint cybersecurity advisory warning organizations about the escalating threat posed by the Medusa ransomware.
Healthcare cybersecurity demand will be driven by ransomware resilience needs, FDA mandates for medical devices, and AI-powered threat detection," notes the Astute Analytica report. A primary catalyst is the sharp rise in ransomware and other attacks on hospitals and clinics.
Ransomware is no longer the work of lone-wolf hackers with deep technical chops. Ransomware-as-a-Service (RaaS) has transformed cybercrime into an accessible, scalable platform that anyone can tap into—no code required. Explosive growth in ransomware attacks across every industry. The result? It starts with awareness.
From Risk to ROI: How Security Maturity Drives Business Value madhav Tue, 08/12/2025 - 04:30 Cyber threats are like moving targets—constantly evolving and increasingly pervasive. Additionally, the framework provides a phased strategy for implementing data security, prioritizing three key objectives: compliance, risk management, and security.
The DBIR breaks down breach trends across industries: Financial and Insurance: Heavily targeted by credential stuffing and phishing; fastest detection rates. Public Sector: DoS attacks and ransomware remain major concerns. Manufacturing: IP theft and ransomware are top risks; OT/ICS systems still lag in basic controls.
Quantum Computing Threats While quantum computing offers immense potential, it also poses a serious risk to traditional encryption methods. Expansion of Cyber Insurance As cyberattacks grow in frequency and scale, the demand for cyber insurance will surge.
The State of Cybersecurity in Canada 2025 report, published by the Canadian Cybersecurity Network (CCN) and the Security Architecture Podcast , delivers an in-depth analysis of the evolving threat landscape, emerging risks, and strategic recommendations for Canadian organizations. Key findings: the cyber threat landscape in 2025 1.
From Risk to ROI: How Security Maturity Drives Business Value madhav Tue, 08/12/2025 - 04:30 Cyber threats are like moving targets—constantly evolving and increasingly pervasive. Additionally, the framework provides a phased strategy for implementing data security, prioritizing three key objectives: compliance, risk management, and security.
Have you ever had a client ask, “How much risk are we facing?” They want risk explained in clear, unambiguous terms—and most of all, they want numbers. Cyber Risk Quantification (CRQ) helps MSSPs turn security work into real business value. What Is Cyber Risk Quantification? What Is Cyber Risk Quantification?
Although there remains some ambiguity over whether ransomware was employed, the Play ransomware gang later claimed responsibility , alleging that sensitive data, such as payroll records, contracts, tax documents, and customer financial information, was exfiltrated.
The cybersecurity regulations apply to entities overseen by the NYDFS, such as financial institutions, insurance companies, agents, and brokers, as well as banks, trusts, mortgage lenders and brokers, money transmitters, check cashers, and other related businesses. Human error was the leading cause of cloud-based data breaches.
The threat actors are bypassing traditional endpoint protections by directly attacking the hypervisor layer, utilizing social engineering and identity compromise to hijack administrative access and deploy ransomware from within. He emphasized that virtualization—which is meant to simplify operations—also centralizes risk.
And get the latest on ransomware trends; CIS Benchmarks; and data privacy. The latest guidance for adopting AI securely comes from the World Economic Forum, whose new Artificial Intelligence and Cybersecurity: Balancing Risks and Rewards report seeks to explain how organizations can benefit from AI while reducing their cybersecurity risks.
In 2023, Malwarebytes Labs subverted these boundaries to successfully get ChatGPT to write ransomware twice. Cybercrime is a very mature field that relies on a set of well-established tools, such as phishing, information stealers, and ransomware that are already feature complete. That could change in 2025.
The UK Government’s refreshed Cyber Governance Code of Practice sets a clear direction with guidance, and is holding boards accountable for human cyber risk. I’m approaching this from my role with OutThink , the Cybersecurity Human Risk Management platform I proudly represent as an advisor and brand ambassador. Not a bolt-on.
Grant aid for SME cybersecurity as the Ireland’s industry expands A new grant aims to help SMEs to review and update their cybersecurity and mitigate against the risk of incidents. Denial of Service (DDoS) attacks and ransomware dominated, making up for more than half the observed incidents.
Leading a university also means managing a very complex set of risks: cyberattacks, financial instability, regulatory shifts, and reputational fallout, just to name a few. These risks threaten an institutions ability to educate, innovate, and serve its community. Top Challenges in Risk Management for Colleges and Universities 1.
Move faster than your adversaries with powerful purpose-built XDR, cyber risk exposure management, and zero trust capabilities Learn more Extend Your Team Extend Your Team.
Enacted in 2017, this regulation is all about minimizing risk in the financial services sector, which, lets face it, is prime real estate for cybercriminals. The program should be tailored to your specific business risks. Insight: Many businesses make the mistake of copying templates without understanding their unique risks.
In my example, say the taco seasoning company is disrupted by ransomware, and while the cybercriminal may ask the seasoning company to pay a demand directly, they may actually gain more if they requested payment from all the companies reliant on the supplier’s product, as a lack of supply may cost them more than the supplier itself.
Despite a slowdown in “LockBit” ransomware activity due to law enforcement actions and a loss of affiliate trust, it remains a key player. Meanwhile, “RansomHub” is rising rapidly due to its attractive ransomware-as-a-service (RaaS) model. Despite the importance of employee training, sometimes it just isn’t enough.
Insurance company Allianz Life was breached, exposing the data of most of its 1.4 However, in June, Google warned about a ransomware group that was specializing in voice phishing (vishing) campaigns that are specifically designed to compromise organizations’ Salesforce instances for large-scale data theft and extortion.
The Cyber Essentials Plus (v3.2 – Technical Testing Prep) assessment on the Centraleyes platform helps organizations systematically prepare for their official CE+ audit. technical testing with speed and precision.
Looking at FinServ firms’ top threats, ransomware attacks against this sector continue to grow, with 18% saying they had suffered an attack. For example, nearly half (49%) of those surveyed said they use five or more key management systems, running the risk of gaps in management and configuration inviting criminals to exploit them.
Move faster than your adversaries with powerful purpose-built XDR, cyber risk exposure management, and zero trust capabilities Learn more Extend Your Team Extend Your Team.
Ransomware-as-a-Service collectives go even further in allowing practically anyone to enact cyberattacks; the Play gang weaponized a 2025 Windows zero-day just days after it was introduced, bundling the exploit into its affiliate kit for paying customers. Supply chain weaknesses compound the risk. allies are taking.
Silva Joe Silva , CEO, Spektion Reflecting on attacks in 2024, many organizations lacked visibility into their third-party software leaving themselves open to exploitation.Until organizations can shift software risk management leftbeyond reactive patchingthey will remain. Software sprawl continues to expand the attack surface. If the U.S.
Chinese cyber spies targeted phones used by Trump and Vance Irish Data Protection Commission fined LinkedIn €310M for GDPR infringement Change Healthcare data breach impacted over 100 million people OnePoint Patient Care data breach impacted 795916 individuals From Risk Assessment to Action: Improving Your DLP Response U.S.
Together, these factors magnify any existing vulnerabilities, transforming manageable risks into significant threats during the M&A period. We’ll also provide actionable recommendations so you can proactively defend against these heightened risks and ensure a more secure and successful integration.
Move faster than your adversaries with powerful purpose-built XDR, cyber risk exposure management, and zero trust capabilities Learn more Extend Your Team Extend Your Team.
Move faster than your adversaries with powerful purpose-built XDR, cyber risk exposure management, and zero trust capabilities Learn more Extend Your Team Extend Your Team.
Close to 65 per cent of financial organisations said they experienced a ransomware incident, up from 34 per cent in 2021. Between this and the Central Bank of Irelands guidance on ICT risk management and outsourcing, covered entities have had to put many good operational resilience and ICT risk management practices in place already.
Cybercriminals felt the heat from law enforcement last year, while ransomware payments fell. Intel471 has a detailed analysis of other significant law enforcement operations in 2024, including against the LockBit ransomware gang and multiple malware droppers. But still, progress is progress.
Chances are youve received at least one of these letters, which means you have been put at risk for identity theft and major financial losses. Hijacking online accounts : If your login credentials (usernames and passwords) are leaked, all your online accounts are put at risk. In 2024, more than 1.3
The Regulatory Catalyst The Cybersecurity Act 2024, passed in December, codifies 72-hour ransomware payment reporting and heftier penalties for lax controls. Centraleyes, an AI-powered risk-management platform with customers in the Asia-Pacific region, reports a similar trend.
In this blog, I’m exploring these changes, grouped under key categories that I’ve used in previous years, to help business leaders and cyber risk owners better prepare for the evolving landscape. Critical infrastructure face heightened risk from targeted disruptions, as do small businesses who are the backbone of the economy.
We organize all of the trending information in your field so you don't have to. Join 28,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content