2021, Backups and Cyber Risk - Cyber Security Informer

Protecting Oil and Gas Industry Infrastructure: Strategies for Resilience

SecureWorld News

JANUARY 16, 2025

Develop backup and recovery plans: Data recovery plans are essential to mitigate the impact of cyber incidents. A report from 2023 revealed that 67% of energy and utility companies faced ransomware attacks, with many incidents exploiting unpatched vulnerabilities.

Energy and Utilities

Energy and Utilities IoT Artificial Intelligence Backups

Half a billion cyber attacks thwarted by Tokyo Olympics 2021

CyberSecurity Insiders

OCTOBER 24, 2021

Hackers are always interested in events that grab the attention of the entire globe and one such sporting event was the Tokyo Olympics 2020 that was postponed by the organizers because of COVID-19 Pandemic and rescheduled and held between July–August 2021 i.e. in this year.

Cyber Attacks

Cyber Attacks Cyber Risk Backups Education

The ultimate guide to Cyber risk management

CyberSecurity Insiders

FEBRUARY 2, 2022

Ambitious information security experts serve as a critical part of cyber risk management. This can be achieved through the use of cyber risk management approaches. This article explores the need for security and provides an overview of cyber risk assessment. Cyber risk management. Risk control.

Cyber Risk

Cyber Risk Risk Architecture Firewall

Artificial Intelligence blocks RYUK Ransomware invasion

CyberSecurity Insiders

APRIL 12, 2022

DarkTrace offers Antigena, an autonomous response technology against cyber threats such as ransomware attacks. And in the year 2021, Dordongne GHT, a healthcare service provider from France, chose DarkTrace Antigena to protect its entire corporate network of medical devices and computers from cyber risks.

Artificial Intelligence

Artificial Intelligence Ransomware Healthcare Cyber Risk

Cyber Insurance Premiums Decline as Businesses Boost Security Measures

SecureWorld News

JULY 2, 2024

This trend reflects improved business security practices, evolving insurance industry dynamics, and changing attitudes toward cyber risk management. However, it also notes that smaller firms are less likely to purchase cyber insurance, partly due to a lack of awareness of cyber risks. Sarah Neild, head of U.K.

Cyber Insurance

Cyber Insurance Insurance Cyber Risk Marketing

SolarWinds-Like Supply Chain Attacks will Peak in 2022, Apiiro Security Chief Predicts

eSecurity Planet

DECEMBER 23, 2021

The hackers inserted malicious code into updates of SolarWinds’ Orion IT monitoring software, putting at risk thousands of customers that had downloaded the updates (though the actual number of businesses hacked through the Sunburst malware was fewer than 100). Also read: Best Backup Solutions for Ransomware Protection.

Cyber Risk

Cyber Risk Risk Software Marketing

The Analyst Prompt #20: Attack Against Tata Power Highlights Cyber Risk to India’s Growing and Increasingly Connected Population?

Security Boulevard

OCTOBER 27, 2022

Key Infrastructure and Critical Vulnerabilities: Attack Against Tata Power Highlights Cyber Risk to India’s Growing and Increasingly Connected Population. On Friday, October 14, Indian electricity provider Tata reported it was suffering the effects of a cyberattack against its network. (1) 12 , 13 , 15 ).

Cyber Risk

Cyber Risk Risk Cryptocurrency Backups

9 Considerations For Hong Kong Banks To Address The STDB Guidelines

Thales Cloud Protection & Licensing

OCTOBER 4, 2021

Tue, 10/05/2021 - 06:55. Cyber incidents pose a threat to the stability of the global financial system. The digital transformation initiatives have shifted the technology landscape and introduced new threats and risks. 9 Considerations For Hong Kong Banks To Address The STDB Guidelines. Characteristics of an STDB. Controlled.

Banking

Banking Digital transformation Encryption Backups

The future of cyber insurance

IT Security Guru

FEBRUARY 28, 2023

Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.

Cyber Insurance

Cyber Insurance Insurance Marketing Cyber Attacks

Cohesity Launches Security Advisor – Making It as Easy as Scan, Score, Remediate to Improve Security Posture and Reduce Cyber Risks in an Era of Sophisticated Ransomware Attacks

CyberSecurity Insiders

DECEMBER 14, 2021

With CyberScan, customers can uncover cyber exposures and blind spots within their production environment by running on-demand and automated scans on backup snapshots against known vulnerabilities. Studies show that ransomware attacks soared 93% in the first half of 2021. © 2021 Cohesity, Inc. All rights reserved.

Cyber Risk

Cyber Risk Ransomware Risk Backups

Corvus Insurance Reports the Ratio of Ransoms Demanded to Ransoms Paid is Steadily Declining

CyberSecurity Insiders

OCTOBER 23, 2021

The report provides an inside look at the insights and tools used by risk managers, IT departments, security researchers, and solution providers to hone their offerings and approaches to keeping organizations safe from evolving cyber threats. “By

Insurance

Insurance Cyber Risk Ransomware Technology

Scattered Spider x RansomHub: A New Partnership

Digital Shadows

OCTOBER 23, 2024

This concealed their attack until the environment was encrypted and backups were sabotaged. Once the threat actor had access to the domain administrator account, they retrieved additional files relating to backups and key network infrastructure. Our investigation uncovered an NTDS.dit file on the attacker’s VM.

Social Engineering

Social Engineering Engineering Accountability Backups

Why ransomware is still important to business resilience

IT Security Guru

JUNE 17, 2024

This includes leveraging more sophisticated ransomware software, using advanced tactics to avoid detection, and targeting backups to prevent recovery. Restoring a reputation after such an incident takes time and resources. Some businesses never fully recover.

Ransomware

Ransomware Insurance Risk Backups

What’s an IT Budget and How Much Should I Spend on Cybersecurity?

Approachable Cyber Threats

DECEMBER 10, 2020

Add to that the feeling that going into 2021 is more uncertain than ever and we understand it's truly at the bottom of your list. This could include things like: Building security monitoring; Web hosting; Web design; Digital marketing; and Offsite backup servers. and most importantly…) 6.

Cybersecurity

Cybersecurity Small Business Mobile Software

Protecting your Customers and Brand in 2022: Are you doing enough?

Jane Frankland

APRIL 28, 2022

It’s a roller coaster of a time to lead, as CIOs, CISOs and CTOs are having to deal with more users, data, devices, technologies, connectivity, mobility, regulations, risks, and threats than they care to. Cyber risks top worldwide business concerns in 2022. Supply chain attacks grew 300% in 2021.

CISO

CISO Mobile Technology Risk

Ransomware Backlash: Patients Are Suing Scripps Health

SecureWorld News

JUNE 30, 2021

However, as a result of the Data Breach, both the past lab results and future lab orders that Rubenstein had through July 2021 were inaccessible to him. Rubenstein altogether missed a regularly scheduled bone marrow biopsy in May 2021 due to the Data Breach and its resultant online network failure.

Ransomware

Ransomware Data breaches Healthcare Identity Theft

Ransomware Backlash: Patients Are Suing Scripps Health

SecureWorld News

JUNE 30, 2021

However, as a result of the Data Breach, both the past lab results and future lab orders that Rubenstein had through July 2021 were inaccessible to him. Rubenstein altogether missed a regularly scheduled bone marrow biopsy in May 2021 due to the Data Breach and its resultant online network failure.

Ransomware

Ransomware Data breaches Healthcare Identity Theft

To Cover or Not to Cover: The Cyber Liability Insurance Quandary Facing Small- and Medium-Sized Businesses

Duo's Security Blog

DECEMBER 7, 2022

In fact, according to Spiceworks , ‘due to budget constraints, about 30% of small and medium-sized businesses (SMBs) discontinued their cyber insurance contracts in 2021’. What are you doing about backups? How are you protecting your endpoints? Are all of your network ports closed?”

Insurance

Insurance Cyber Insurance Ransomware Risk

The Surge of Double Extortion Ransomware Attacks

Pen Test

OCTOBER 10, 2023

JBS - $11 Million Ransom Paid JBS, the world's largest meat processing company, was forced to shut down plants in the US, Canada, and Australia in May 2021 after an attack that threatened to release data related to its facilities, clients, finances, and more. Use immutable object storage for backups. Colonial Pipeline - $4.4

Ransomware

Ransomware Backups Insurance Cyber Insurance

EU Cybersecurity Month: how to spot (and avoid) common cyber scams

BH Consulting

OCTOBER 28, 2021

In the spirit of empowering people and organisations to protect themselves from cyber risks, we’re going to look back at three of the main threats from the past year: ransomware , data breaches , and phishing. We’ll cover lessons to learn to prevent them from becoming risks to your business. Back up your data regularly.

Scams

Scams Cybersecurity Data breaches Phishing

Scattered Spider x RansomHub: A New Partnership

Digital Shadows

OCTOBER 23, 2024

This concealed their attack until the environment was encrypted and backups were sabotaged. Once the threat actor had access to the domain administrator account, they retrieved additional files relating to backups and key network infrastructure. Our investigation uncovered an NTDS.dit file on the attacker’s VM.

Social Engineering

Social Engineering Engineering Accountability Backups

2023 Cyber Threat Predictions

Digital Shadows

NOVEMBER 1, 2022

For Lockbit, who have been the most active group since early 2021, it is possible that the current war between Russia and Ukraine may take law enforcement focus away from cybercrime as many western law enforcement agencies are likely more preoccupied with stopping Russian nation state sponsored activity.

Cyber threats

Cyber threats Ransomware Media Data breaches

Strong medical device security awareness stifled by inventory, knowledge gaps

SC Magazine

JULY 1, 2021

A 2021 Masergy report, sponsored by Fortinet, showed cloud and connected medical device security are the biggest IT challenges facing healthcare entities under the current landscape. “The Most entities, including those that have fallen victim, have backup plans and processes in place, which are routinely tested, explained Sehgal.

Security Awareness

Security Awareness IoT Risk Healthcare

Arkansas City Water Treatment Facility Suffers Cybersecurity Incident

SecureWorld News

SEPTEMBER 26, 2024

The Westrock incident in 2021, which resulted in estimated losses of up to $250 million, demonstrates the severe consequences of such attacks. To mitigate the risks associated with ransomware attacks, organizations must prioritize cybersecurity measures. However, the attack was detected and prevented from causing harm.

Cybersecurity

Cybersecurity Ransomware Cyber threats Risk

CISA Outlines Cybersecurity Risks Facing K-12 Education

SecureWorld News

JANUARY 30, 2023

To address this issue, Congress passed the K-12 Cybersecurity Act of 2021, which requires the Cybersecurity and Infrastructure Security Agency (CISA) to report on cybersecurity risks facing elementary and secondary schools to develop recommendations to help better protect these institutions.

Education

Education Risk Cybersecurity Technology

New Warning from the White House Calls for Urgent Action

Cisco Security

MARCH 22, 2022

To help you as you shore up your cyber defenses, Bruce Brody originally posted this blog – “Left of Boom” Cybersecurity: Proactive Cybersecurity in a Time of Increasing Threats and Attacks on October 18, 2021. Left of Boom refers to actions you can take to protect your organization before a cyber incident.

Cyber Insurance

Cyber Insurance Authentication Insurance Cyber Risk

EPA Issues Urgent Alert for Water Utilities to Enhance Cyber Defenses

SecureWorld News

MAY 22, 2024

It cites cyber incidents such as the 2021 Oldsmar water treatment facility hack as examples of real-world risks. Kip Boyle , vCISO, Cyber Risk Opportunities LLC, said he worries the EPA's actions do not go far enough.

Energy and Utilities

Energy and Utilities Cyber threats Risk Cybersecurity

Conti Ransomware Group Diaries, Part III: Weaponry

Krebs on Security

MARCH 4, 2022

8, 2021 shows Reshaev ordering Pin to quietly check on the activity of the Conti network administrators once a week — to ensure they’re not doing anything to undermine the integrity or security of the group’s operation. 12, 2021, in regards to their ransomware negotiations with LeMans Corp.,

Ransomware

Ransomware Insurance Cyber Insurance Accountability

Cyber Security Informer

Protecting Oil and Gas Industry Infrastructure: Strategies for Resilience

Half a billion cyber attacks thwarted by Tokyo Olympics 2021

Trending Sources

The ultimate guide to Cyber risk management

Artificial Intelligence blocks RYUK Ransomware invasion

Cyber Insurance Premiums Decline as Businesses Boost Security Measures

SolarWinds-Like Supply Chain Attacks will Peak in 2022, Apiiro Security Chief Predicts

The Analyst Prompt #20: Attack Against Tata Power Highlights Cyber Risk to India’s Growing and Increasingly Connected Population?

9 Considerations For Hong Kong Banks To Address The STDB Guidelines

The future of cyber insurance

Cohesity Launches Security Advisor – Making It as Easy as Scan, Score, Remediate to Improve Security Posture and Reduce Cyber Risks in an Era of Sophisticated Ransomware Attacks

Corvus Insurance Reports the Ratio of Ransoms Demanded to Ransoms Paid is Steadily Declining

Scattered Spider x RansomHub: A New Partnership

Why ransomware is still important to business resilience

What’s an IT Budget and How Much Should I Spend on Cybersecurity?

Protecting your Customers and Brand in 2022: Are you doing enough?

Ransomware Backlash: Patients Are Suing Scripps Health

Ransomware Backlash: Patients Are Suing Scripps Health

To Cover or Not to Cover: The Cyber Liability Insurance Quandary Facing Small- and Medium-Sized Businesses

The Surge of Double Extortion Ransomware Attacks

EU Cybersecurity Month: how to spot (and avoid) common cyber scams

Scattered Spider x RansomHub: A New Partnership

2023 Cyber Threat Predictions

Strong medical device security awareness stifled by inventory, knowledge gaps

Arkansas City Water Treatment Facility Suffers Cybersecurity Incident

CISA Outlines Cybersecurity Risks Facing K-12 Education

New Warning from the White House Calls for Urgent Action

EPA Issues Urgent Alert for Water Utilities to Enhance Cyber Defenses

Conti Ransomware Group Diaries, Part III: Weaponry

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