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How One Company Survived a Ransomware Attack Without Paying the Ransom

eSecurity Planet

Screens then started to display a ransom demand, which said files had been encrypted by the NetWalker ransomware virus. Tony Mendoza, Senior Director of Enterprise Business Solutions at Spectra Logic, laid out the details of the attack at the annual Fujifilm Recording Media USA (FRMA) Conference in San Diego late last month. “We

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What is a Cyberattack? Types and Defenses

eSecurity Planet

Cyber criminals may damage, destroy, steal, encrypt, expose, or leak data as well as cause harm to a system. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 In May, cybersecurity researchers revealed that ransomware attacks are increasing their aggressive approach by destroying data instead of encrypting it.

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OCR Provides Insight into Enforcement Priorities and Breach Trends

HL Chronicle of Data Protection

Regulators, industry experts, and researchers provided insight into health privacy and security enforcement trends, emerging threats, and new tools at a recent conference focused on the Health Insurance Portability and Accountability (HIPAA) regulatory framework. OCR chooses cases based on perceived importance and message.

Risk 40
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Regulatory Update: NAIC Spring 2019 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Spring 2019 National Meeting (Spring Meeting) in Orlando, Florida, from April 6 to 9, 2019. ceding insurer could be eligible for the same reduced collateral requirements that would apply to qualifying EU reinsurers under the revised CFR Model Laws.

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The Hacker Mind Podcast: Tales From A Ransomware Negotiator

ForAllSecure

” Over the next few weeks, chats from encrypted Telegram, and other communications were leaked. And so, a lot of times once the encryption occurs, that's really the final stage. They found what they believed to be sensitive data and then they perform the encryption. In a moment, we’ll find out. By no means.

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MY TAKE: A primer on how ransomware arose to the become an enduring scourge

The Last Watchdog

Conference of Mayors in Honolulu in early July felt compelled to sign a resolution never to pay a ransom to hackers. insurance giant Beazley Worldwide reported that the average ransomware demand in 2018 was more than $116,000, a figure admittedly skewed by some very large demands. mayors attending the U.S. A poll of IT pros in the U.S.,

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The Week in Cyber Security and Data Privacy: 8 – 14 January 2024

IT Governance

At the end of each month, these incidents – and any others that we find – will be used to inform our monthly analysis of data breaches and cyber attacks. Welcome to this week’s round-up of the biggest and most interesting news stories. Source (New) Real estate USA Yes 10 GB Unitex Source (New) Manufacturing USA Yes 9.5