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Cyber Insurance Claims Increased by 12% in First Half of 2023, Attacks More Frequent and Severe Than Ever

KnowBe4

The latest cyber claims report from Coalition , a digital risk insurance provider, finds a 12% increase in cyber insurance claims in the first half of 2023 over the second half of 2022, due to surging attack frequency and severity.

Insurance 100
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Ransomware realities in 2023: one employee mistake can cost a company millions

Security Affairs

What is the impact of ransomware on organizations? Based on Ransomlooker, a free Cybernews tool for monitoring the dark web and other hidden areas of the internet, 64% of organizations have already suffered from a ransomware attack. Not to mention the heightened cyber awareness and risk mitigation across businesses and industries.

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WSJ: "A Hidden Risk in the Municipal Bond Market: Hackers"

KnowBe4

December 7, 2023 - The Wall Street Journal has an interesting perspective on K-12 Public schools suffering ransomware attacks. The number doubles between 2021 and 2022 to almost 2,000 a year. Here are a few paragraphs with a link to the full article:

Marketing 106
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CISA Order Highlights Persistent Risk at Network Edge

Krebs on Security

CISA’s mandate follows a slew of recent attacks wherein attackers exploited zero-day flaws in popular networking products to conduct ransomware and cyber espionage attacks on victim organizations. ” In details published on June 12 , Fortinet confirmed that one of the vulnerabilities ( CVE-2023-27997 ) is being actively exploited.

Risk 219
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Weekly Vulnerability Recap – October 9, 2023 – Zero-Days Strike Android, Microsoft, Apple, Cisco & More

eSecurity Planet

Ransomware gangs exploited a recently patched vulnerability in JetBrains’ TeamCity server, while Exim mail servers grappled with multiple zero-days, including remote control execution (RCE) issues. The problem: Arm has issued a security alert on CVE-2023-4211 , an actively exploited vulnerability in its Mali GPU drivers.

Libraries 104
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News alert: AppDirect poll reveals company leaders losing sleep over cyber risks, compliance

The Last Watchdog

28, 2023 – AppDirect , the world’s leading B2B subscription commerce platform, today released key findings from its IT Business Leaders 2024 Outlook Report. Their top areas of concern include cybersecurity risk (58%), information security risk (53%) and compliance risk (39%). San Francisco, Calif.,

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Thales 2023 Data Threat Report: Sovereignty, Transformation, and Global Challenges

Thales Cloud Protection & Licensing

Thales 2023 Data Threat Report: Sovereignty, Transformation, and Global Challenges madhav Tue, 05/09/2023 - 05:30 Despite the economic and geopolitical instability in 2022, enterprises continued to invest in their operations and digital transformation. Risk awareness is rising Risk awareness rises together with cloud adoption.