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To Cover or Not to Cover: The Cyber Liability Insurance Quandary Facing Small- and Medium-Sized Businesses

Duo's Security Blog

In fact, according to Spiceworks , ‘due to budget constraints, about 30% of small and medium-sized businesses (SMBs) discontinued their cyber insurance contracts in 2021’. Security Magazine reports less than 10% of companies with fewer than 50 employees have dedicated financial resources for cybersecurity.

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How to Prevent Ransomware Attacks

Security Boulevard

How to Prevent Ransomware Attacks. Ransomware attacks almost doubled during 2021 over 2020, according to Sophos State of Ransomware 2022 report, affecting 66% of businesses, up from 37%. In 2021, data encryption was successful in 65% of attacks, an increase from the 54% rate reported in 2020. brooke.crothers.

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Challenges and Opportunities of the Cyber Liability Insurance Market

Duo's Security Blog

Hard market woes Unsurprisingly, insurance has become a ‘hard market’ over the past three or four years, meaning that premiums have increased (by 96% in Q3 2021 in the US as reported by the World Economic Forum ) while capacity has decreased across the board. Here are my key takeaways. So how do insurers get hold of that kind of insight?

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Top Endpoint Detection & Response (EDR) Solutions for 2021

eSecurity Planet

One standout feature is its automated response abilities, and users are also high on the ability of CylancePROTECT EPP and CylanceOPTICS EDR to stop ransomware and unknown threats. Microsoft Defender for Endpoints. Cons: Can be resource-intensive. Microsoft Defender for Endpoints. Microsoft Defender Ratings.

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Analysis of BlackByte Ransomware’s Go-Based Variants

Security Boulevard

BlackByte is a full-featured ransomware family that first emerged around July 2021. The ransomware was originally written in C# and later redeveloped in the Go programming language around September 2021. BlackByte is a Ransomware-as-a-Service (RaaS) group that has been targeting corporations worldwide since July 2021.

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Becoming an MSSP: Tools, Services & Tips for Managed Security Services

eSecurity Planet

Another 29% say cybersecurity spending will be approximately the same as in 2021. The rest – 2% – intend to pay less for cybersecurity in 2022 compared to 2021. The research shows that cyber threats like ransomware have become a top priority for business executives and boards of directors,” said Jon Oltsik, an analyst with ESG. “The

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CSTA Turns 400 – Proof That Technology Integrations Is Exactly What You Are Looking For

Cisco Security

This year we saw the reemergence of old vectors: from ransomware & trojans, to supply chain attacks. At the same time companies saw security resources in their organizations dwindle, leaving defenders to cope up with the onslaught of attacks. Cisco SecureX orchestration Integrations. Read more about the integration here.