eSecurity Planet

OCTOBER 5, 2021

Spending money you hadn’t budgeted to hire experts to clean up an unexpected mess is at the bottom of every manager’s wish list, but in the case of a cyber attack as damaging as ransomware , turning incident response over to a pro may be the best thing you can do. Further reading: Best Ransomware Removal and Recovery Services.

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eSecurity Planet

OCTOBER 18, 2021

A lawsuit working its way through the courts could have a lot to say about the liabilities facing organizations that have been hit by ransomware attacks – and could have implications for cybersecurity preparation and regulation in general. Hospital’s Operations Hit by Ransomware. ” Cyber Insurance No Longer Reliable.

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Ransomware Insurance Digital transformation Cybersecurity 104

Krebs on Security

DECEMBER 8, 2022

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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Ransomware Metadata Insurance Encryption 257

Thales Cloud Protection & Licensing

FEBRUARY 15, 2023

The Pain of Double Extortion Ransomware divya Thu, 02/16/2023 - 06:10 Ransomware perpetrators are adopting more sophisticated attack techniques with much success. Ransomware attacks have become much more dangerous and have evolved beyond basic security defenses and business continuity techniques like next-gen antivirus and backups.

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Ransomware Encryption Security awareness Cybersecurity 71

eSecurity Planet

FEBRUARY 16, 2021

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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Data Matters

FEBRUARY 10, 2021

2 announcing a Cyber Insurance Risk Framework (the Framework) that describes industry best practices for New York-regulated property/casualty insurers. According to NYDFS, the incorporation of these practices should be proportionate to each insurer’s size, resources, geographic distribution, and other factors. Background.

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Insurance Financial Services Cybersecurity Risk 79

eSecurity Planet

SEPTEMBER 10, 2021

In a year where ransomware has raised the alert levels everywhere, the go-to answer from many is redundancy through offline, remote backups – but are they enough? As ransomware threats loom, we look at where backups fall short, and what to keep in mind to optimize network and data security. Where Backups Fall Short Against Ransomware.

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eDiscovery Daily

JANUARY 30, 2020

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?

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Ransomware Cybersecurity Insurance Education 69

The Last Watchdog

OCTOBER 5, 2023

Byron: The economic impact of phishing, ransomware, business logic hacking, Business Email Compromise (BEC) and Distributed Denial of Service (DDoS) attacks continues to be devastating. More good news: there’s a trend toward increasingly proficient MSSPs stepping forward to help SMBs, mid-market enterprises and large enterprises do this.

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eSecurity Planet

JUNE 16, 2022

Cyberattacks are on the rise, with cyber criminal trends and techniques becoming increasingly sophisticated and creative. Encrypted threats spiked 167%, ransomware increased 105%, and 5.4 Ransomware. Ransomware is the fastest-growing trend. Ransomware attacks can also threaten to release sensitive information.

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IT Governance

NOVEMBER 3, 2023

Sector overview Most-breached sectors (by number of incidents) # Sector Incidents 1 Other 34 30% 2 Healthcare 31 27% 3 Education 16 14% 4 (tie) Media and telecoms 12 11% 4 (tie) Public and non-profit 12 11% 6 Legal 5 4% 7 Finance and insurance 4 4% Note: The percentages add up to 101% due to rounding.

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Data breaches Insurance Ransomware Education 87

Threatpost

DECEMBER 31, 2020

Ransomware response demands a whole-of-business plan before the next attack, according to our roundtable of experts.

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Ransomware Insurance Government Security 120

Hunton Privacy

JUNE 30, 2017

On June 26, 2017, Airway Oxygen, a provider of oxygen therapy and home medical equipment, reported that it was the subject of a ransomware attack affecting 500,000 patients’ protected health information. According to Airway Oxygen’s statement , the company discovered the presence of ransomware on its systems in April 2017.

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Data breaches Ransomware Insurance Access 56

Security Affairs

APRIL 25, 2021

If you want to receive the weekly Security Affairs Newsletter for free subscribe here. Follow me on Twitter: @securityaffairs and Facebook. Pierluigi Paganini. SecurityAffairs – hacking, newsletter).

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Security Ransomware Insurance Privacy 83

Hunton Privacy

MAY 16, 2017

On May 12, 2017, a massive ransomware attack began affecting tens of thousands of computer systems in over 100 countries. The ransomware, known as “WannaCry,” leverages a Windows vulnerability and encrypts files on infected systems and demands payment for their release. Litigation.

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Ransomware Insurance Access Information Security 61

The Last Watchdog

APRIL 30, 2019

That could be for insurance purposes. “As As with any insurance, cyber insurance really requires due care.” “Then you have the folks whose security programs have run out of steam and they’re looking for a way to prove that they’re doing due care,” Wrenn said. Wrenn said. “So It’s worth paying close attention to.

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eSecurity Planet

JULY 8, 2022

Ransomware has now emerged as one of the key reasons to have a DR plan and DR technology in place. Disaster Recovery and Ransomware. In the event of ransomware, the enterprise needs to have access to an uncorrupted copy of its data, so it can refuse to submit to cyber criminals’ demands.

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Ransomware Cloud Encryption Marketing 142

Thales Cloud Protection & Licensing

APRIL 18, 2023

Ransomware remains a hot topic, so don’t miss ‘Ransomware - Catch’em before they Wreak Havoc!’, According to the latest 2023 Thales Data Threat Report , 62% of respondents indicate that trends like “harvest now, decrypt later” is their most significant security concern regarding quantum computing.

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Security Digital transformation Privacy Cybersecurity 71

eSecurity Planet

SEPTEMBER 14, 2022

Finance and insurance finished a close second at 22.4%. Finance and insurance companies were particularly vulnerable to the sort of phishing scams we’re talking about. Given how lucrative and necessary both sectors are to daily life, they make prime targets for ransomware. of cyber attacks IBM handled. costing an estimated $18.88

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Energy and Utilities Phishing Blockchain Cybersecurity 120

ForAllSecure

MAY 17, 2023

Small to Medium Business are, today, the target of APTs and ransomware. Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. VAMOSI: Cybersecurity insurance.

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Insurance Privacy Ransomware GDPR 40

The Last Watchdog

SEPTEMBER 20, 2019

However, at this moment in history, two particularly worrisome types of cyber attacks are cycling up and hitting local government entities hard: ransomware sieges and election tampering. Current attack trends add urgency, and catching up on doing basic security best practices isn’t enough. That’s long been true. I’ll keep watch.

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Ransomware Government Retail Security 154

KnowBe4

APRIL 25, 2023

link] [Head Scratcher] More Companies With Cyber Insurance Are Hit by Ransomware Than Those Without? In an interesting twist, new data hints that organizations with cyber insurance may be relying on it too much, instead of shoring up security to ensure attacks never succeed.

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Insurance Security awareness Phishing Ransomware 75

Information Governance Perspectives

MAY 8, 2020

ON LATEST TRENDS – INCREASED DIVERSIFICATION AND DEMAND…. I think we’re seeing this trend for a lot of reasons. And the headlines around ransomware, GDPR fines, they’ve all prompted companies to revisit and invest in the way they tackle their biggest challenges. I’ve put an image up here from LinkedIN.

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Education Digital transformation Search queries Information governance 52

The Last Watchdog

DECEMBER 12, 2023

Camellia Chan , Co-Founder and CEO, Flexxon Chan In a single month, major breaches hit MGM, DP World Australia, Philippine Health Insurance – just to name a few. The majority of ransomware attacks gained initial access by defeating legacy MFA. I really feel as though the bad guys have the upper hand.

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Cybersecurity Phishing Authentication Analytics 259

Data Matters

FEBRUARY 10, 2022

6 Companies should familiarize themselves with the SEC’s view of best practices and trends of industry failures when considering programmatic risk assessments and project prioritization.

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Cybersecurity Marketing Risk Compliance 88

The Security Ledger

OCTOBER 23, 2018

In this episode of the podcast (#117), we go deep on one of the hottest sectors around: cyber insurance. In the first segment, we talk with Thomas Harvey of the firm RMS about the problem of “silent cyber” risk to insurers and how better modeling of cyber incidents is helping to address that threat. Read the whole entry. »

Insurance 40

Insurance Risk Digital transformation Ransomware 40

KnowBe4

MAY 9, 2023

Google Chrome users who use the browser regularly should be wary of a new attack campaign that distributes malware by posing as a Google Chrome update error message," Trend Micro warns. And this enormous security gap leaves you open to business email compromise, session hijacking, ransomware and more. Join Roger A. must help cover $1.4

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Phishing Passwords Insurance Systems administration 73

IT Governance

APRIL 9, 2024

Other databases contained health insurance data, such as patents’ names, dates of birth, addresses and medical data. EyeCare Services Partners exposes more 3.5 The biggest database in the blob contained 3.1 million patients and 1.6 million unique Social Security numbers. Source (New) Manufacturing USA Yes 1.1

Data Privacy 52

Data Privacy Privacy Security Manufacturing 52

IT Governance

APRIL 22, 2024

Cloud, FL Source (Update) Public USA Yes 719,597 Regulator Marine Inc Source (New) Manufacturing USA Yes 630 GB Risas Dental and Braces Source 1 ; source 2 (New) Healthcare USA Yes 618,189 HUB International Source (New) Insurance USA Yes 514,477 Lee University Source 1 ; source 2 (New) Education USA Yes 387.49

Data Privacy 52

Data Privacy Privacy Manufacturing Security 52

eSecurity Planet

OCTOBER 21, 2021

For the report, Cyentia used information from insurance provider Advisen’s Cyber Loss Data, which the authors said contains almost 100,000 cyber events collected from various publicly verifiable sources. See also: Best Ransomware Removal and Recovery Services. “But it still serves as a reminder of risk accumulation.

Security 123

Security Ransomware Risk Cybersecurity 123

Security Affairs

NOVEMBER 29, 2019

Group-IB, has analyzed key recent changes to the global cyberthreat landscape in the “Hi-Tech Crime Trends 2019/2020” report. According to Group-IB’s experts, the most frustrating trend of 2019 was the use of cyberweapons in military operations. The threat actor mainly targets insurance, consulting, and construction companies.

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IT Military Cybersecurity Phishing 87

The Last Watchdog

APRIL 14, 2020

It’s already a large trend, but it’s growing faster than most people can wrap their minds around; the entire digital transformation is built on the backs of machines – on physical machines, virtual machines, containers and software applications. Hudson: The world as we once knew it is becoming digitalized. Everything.

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Digital transformation Passwords Retail IoT 138

IT Governance

JANUARY 30, 2024

Source (New) Retail USA Yes 2,588,849 Keenan & Associates Source 1 ; source 2 (Update) Insurance USA Yes 1,509,616 AGC Group Source (New) Manufacturing Japan Yes 1.5 TB Four Hands Source (New) Manufacturing USA Yes 1.5 TB UK forex customers Source (New) Finance UK Yes 1,001,214 A.N.S. Source (New) Non-profit USA Yes 25,908.62

Data Privacy 52

Data Privacy Retail Privacy Manufacturing 52

KnowBe4

JUNE 20, 2023

Overall, the use of stolen credentials is the overwhelming leader in data breaches, being involved in nearly 45% of breaches – this is more than double the second-place spot of "Other" (which includes a number of types of threat actions) and ransomware, which sits at around 20% of data breaches.

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Data breaches Phishing Security awareness Ransomware 78

ARMA International

SEPTEMBER 27, 2021

Part 1 discussed the key DT business drivers, concepts, and technology trends, how they are transforming organizations and society, and how they are affecting business users and customers. Some technology trends such as real-time data analytics are ongoing, while others are more recent, such as blockchain. Introduction. 2020, p 6).

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Digital transformation Risk IT Computer and Electronics 54

The Last Watchdog

DECEMBER 27, 2021

The Solar Winds hack demonstrated supply chain exposures; the attempted poisoning of a Tampa suburb’s water supply highlighted public utilities at risk; and the Colonial Winds ransomware attack signaled cyber extortionist rings continuing to run rampant. Ransomware has been working well for the bad guys for quite some time now.

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eSecurity Planet

MAY 2, 2024

Fortunately, vendor surveys identify five key cybersecurity threats to watch for in 2024: compromised credentials, attacks on infrastructure, organized and advanced adversaries, ransomware, and uncontrolled devices. No specific tool exists to defend specifically against nation state attacks, ransomware gangs, or hacktivists.

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Cybersecurity Ransomware Passwords Cloud 70