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Zurich refuses to pay Mondelez for NotPetya damages because it’s ‘an act of war’

Security Affairs

The US food giant Mondelez is suing Zurich for $100 Million after the insurance company rejected its claim to restore normal operations following the massive NotPetya ransomware attack. According to the cyber security community, NotPetya is a cyber weapon develped by Russia to hit the Ukrainian government.

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What is the NIS2 Directive and How Does It Affect You?

Thales Cloud Protection & Licensing

Malware and ransomware have become the leading sources of increased security attacks , because of their effectiveness in delivering big pay-outs with relatively low cost. Reduce inconsistencies in internal market resilience in industries currently covered by the directive by unifying cybersecurity capabilities. Compliance.

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What Should Be The Core Competencies For Cybersecurity For C-Suite

Cyber Info Veritas

A ransomware attack is a form of cyber attack that involves targeting a computer’s operating system by encrypting data into it and then demanding ransom payments in form of cryptocurrency. Such are increasingly becoming common and the WannaCry ransomware attack that happened in May 2017 is a classic example.

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The Hacker Mind Podcast: The Internet As A Pen Test

ForAllSecure

Small to Medium Business are, today, the target of APTs and ransomware. MUSIC} VAMOSI: In EP 49, I talked with Huntress, a managed service provider that discovered the ransomware affecting customers of Keysea. And because they were plugged into those clients, they were able to limit the spread of the ransomware.

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CyberheistNews Vol 13 #22 [Eye on Fraud] A Closer Look at the Massive 72% Spike in Financial Phishing Attacks

KnowBe4

Mr. Hall encourages more consultation between the government and the small business community. The steady nature of ransomware attacks is a reminder that no company is immune. We can't (yet) stop ransomware. What we can do is limit the effectiveness and frequency of ransomware by increasing basic cyber awareness.

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ROUNDTABLE: Experts react to President Biden’s exec order in the aftermath of Colonial Pipeline hack

The Last Watchdog

As wake up calls go, the Colonial Pipeline ransomware hack was piercing. This very high-profile caper is part of an extended surge of ransomware attacks, which quintupled globally between the first quarter of 2018 and the fourth quarter of 2020, and is expected to rise 20 percent to 40 percent this year, according to insurance giant Aon.

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The Hacker Mind Podcast: Ethical Hacking

ForAllSecure

Instead, the US government did, saying quote Stealing is stealing whether you use a computer command or crowbar and whether you take documents data or dollars. We wanted to go a little bit more for the guerrilla marketing type message. But we, you know, guerilla marketing has been why things have caught on so quickly.

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