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Breach Roundup: Omni Hotels Acknowledges Cyber Incident

Data Breach Today

Also: Insurer Predicts Ransomware for Cars, Offers to Cover Towing Costs This week, Omni, OWASP and MarineMax suffered cyber incidents, Ivanti disclosed flaws, Cisco gave tips to stop password-spraying attacks, a court upheld an FCC ban, India rescued citizens in Cambodia, Americans lost $1.1

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The Double-Edged Sword of Cybersecurity Insurance

Dark Reading

With ransomware on the rise, more organizations are opting to purchase cyber insurance -- tipping off criminals about how much to demand for access back to pilfered systems and data.

Insurance 124
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New Ransom Payment Schemes Target Executives, Telemedicine

Krebs on Security

Ransomware groups are constantly devising new methods for infecting victims and convincing them to pay up, but a couple of strategies tested recently seem especially devious. Department of Health and Human Services (HHS) warned that Venus ransomware attacks were targeting a number of U.S. “ Cl0p ” a.k.a.

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Security Blueprints of Many Companies Leaked in Hack of Swedish Firm Gunnebo

Krebs on Security

In March 2020, KrebsOnSecurity alerted Swedish security giant Gunnebo Group that hackers had broken into its network and sold the access to a criminal group which specializes in deploying ransomware. Acting on a tip from Milwaukee, Wis.-based He declined to comment on the particulars of the extortion incident.

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City of Florence to Pay $300,000 Ransom after ransomware attack

Security Affairs

Florence City in Alabama will pay a $300,000 ransom worth of Bitcoins after its computer system was infected with a ransomware. The payment will me made using the city’s insurance fund in an effort to preserve information of city workers and customers and quickly resume operations. ” reads the post published by KrebsonSecurity.

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Ransomware Protection in 2021

eSecurity Planet

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware attacks and costs.

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How Many States Have Outlawed Ransomware? You May Be Shocked: Cybersecurity Trends

eDiscovery Daily

Maryland is currently considering a bill to become only the third state after Michigan and Wyoming, to criminalize the possession and distribution of ransomware. Certainly a motivating factor may have occurred when hackers hit Baltimore, Maryland’s largest city, with a RobbinHood ransomware attack on May 7, 2019. So, what do you think?