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Medibank Defends its Security Practices as its Ransomware Woes Worsen

IT Governance

The Australian health insurance giant fell victim to ransomware in October, as a result of which the personal data of 9.7 In most cases, basic personal information – such as their name, date of birth, email address, phone number and gender – was exposed. By doing this, you mitigate the risk of password compromise.

IT 107
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What is Ransomware? Everything You Should Know

eSecurity Planet

While a typical ransomware attack just encrypts the data, exfiltration raises the risk by threatening to make sensitive data public. The developer has fewer risks, and the buyer does all of the work. There are, however, some industries at higher risk than others. Education, government, energy and manufacturing are others.

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

KnowBe4

link] Cyber Insurance: Is Paying a Ransom Counter-Productive? Mr. Hall encourages more consultation between the government and the small business community. This means having a comprehensive security strategy and focusing on preventative measures to reduce the risk of human error and investing in security technologies.