SecureWorld News

AUGUST 21, 2020

The ISO assisted the college in restoring locally managed IT services and systems from backup copies. The University had servers encrypted but restored the systems and the access from backups. It had cyber insurance: "The university’s cyber insurance policy paid part of the ransom, and the university covered the remainder.

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Ransomware Cyber Insurance Insurance Backups 79

eSecurity Planet

OCTOBER 5, 2021

An organization must: Prepare a good backup policy and procedure. We should use multi-factor authentication. We also need to periodically check that the policy is up to date with the latest insurance providers, incident response vendors, attorneys, and executives’ contact information. Simple Ransomware Recovery.

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Ransomware Backups Insurance Cyber Insurance 131

Webroot

SEPTEMBER 27, 2024

Having regular backups means you can recover without having to pay a ransom. For consumers: Keep personal backups of important files (photos, documents, etc.) Enable two-factor authentication (MFA) : For added protection, enable two-factor authentication on your accounts. on an external drive or in the cloud.

Cyber threats 56

Cyber threats Small Business Scams Cybercrime 56

eSecurity Planet

JULY 8, 2022

But it also requires software to orchestrate data movement, backup and restore technology to ensure a current copy of data is available, and the ability to recover systems and data rapidly. This type of backup and DR technology offers RPOs measured in hours. See the Best Backup Solutions for Ransomware Protection.

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Backups Ransomware Technology Marketing 142

NetSpi Executives

APRIL 27, 2024

Logins without multi-factor authentication. Hunt and destroy or encrypt backups hosted in local and cloud networks as well as virtual machine snapshots. Some can’t afford not to pay, and some are covered by cyber insurance. Enable multi-factor authentication. Protect your backup systems.

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Ransomware Cyber Insurance Backups Insurance 52

Duo's Security Blog

DECEMBER 7, 2022

The state of cyber liability insurance The topic of cyber liability insurance is full of datapoints, statistics and graphs all showing upward trajectories. But MFA should not only be viewed as a prerequisite for obtaining cyber liability insurance. What are you doing about backups?

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Insurance Cyber Insurance Ransomware Risk 88

SecureWorld News

JANUARY 21, 2024

The costs of recovering from such incidents, especially for smaller organizations without cyber insurance, can be devastating. Having basic cyber hygiene Advanced technology is important, but basics like regular data backups, software updates, strong password policies, and multi-factor authentication are fundamental.

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Cybersecurity Backups Cyber threats Software 92

Malwarebytes

JANUARY 15, 2023

As we’ve seen recently, cyber insurance is no guarantee of avoiding a ransomware pitfall either with refusal of payout being decided in a court of law. Ensure your RDP points are locked down with a good password and multi-factor authentication. Backup your data. Make an emergency plan sooner, rather than later.

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Ransomware Backups Education VPN 76

eSecurity Planet

APRIL 6, 2023

Multifactor authentication (MFA) can protect critical applications and devices, as can zero trust security principles. Ransomware-proof backups: You can limit the damage caused by ransomware by maintaining an effective backup and disaster recovery plan. But make sure you manage the encryption keys well.

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Ransomware Backups Encryption Cybersecurity 98

Malwarebytes

SEPTEMBER 30, 2022

Take cyber insurance , for example. Cyber insurance can prevent local governments from having to pay huge out of pocket costs in the event that they’re hit with a cyberattack. Baltimore learned this the hard way. (An

Government 58

Government Cybersecurity Cyber Insurance Insurance 58

SC Magazine

FEBRUARY 24, 2021

But the season-four episode “Decrypt” did capture many of the key elements that play into an attack scenario, including incident response, the role of cyber insurance agencies, and the ethics of paying. SC Media asked two cyber experts with health care experience for their own take on which parts of the episode – written by Thomas L.

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Ransomware Backups Insurance Cyber Insurance 94

Malwarebytes

OCTOBER 19, 2022

Use multi-factor authentication. That’s where multi-factor authentication (MFA) comes in. Make offsite, offline backups. To make this possible you’ll need comprehensive, recently tested, backups that are both offline and offsite, beyond the reach of your attackers. Can your EDR handle a ransomware attack?

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Passwords Ransomware Backups Cyber Insurance 69

Malwarebytes

JULY 27, 2022

How do you restore from backups , and what backups are most important to restore from first? Do you have resources that can help you , such as law enforcement agencies or a cyber insurance firm? What data is most vulnerable , and how can you protect that data? What systems need to be recovered first ?

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Ransomware Backups Penetration Testing Cyber Insurance 69

Spinone

OCTOBER 13, 2020

As is often the case, the cost of restoring files from backups can amount to more than paying the ransom. Backups aren’t working. Restoring from backup is certainly preferable to paying the bad guys for the damage they have inflicted. Ransomware today can actually look for backup files along with user data.

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Ransomware Backups Data breaches Encryption 52

Security Boulevard

JUNE 26, 2022

That $3.29, even with cyber insurance, is still a significant hit to the organization’s bottom line. Number of consumers requiring multi-factor authentication for Zero-trust access. Number of endpoints that require backup for compliance. million , a 12 percent increase from the cost of violations from the previous year.

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Information Security Technology Marketing Cyber Insurance 98

Security Boulevard

JUNE 2, 2022

Prepare for the worst with cyber insurance, a data backup plan, and a response plan as part of your overall business continuity and disaster recovery program. Apply software security patches and conduct regular security awareness employee training to reduce vulnerabilities that can be exploited by cybercriminals.

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Ransomware Architecture Manufacturing Encryption 105

SC Magazine

JUNE 14, 2021

Credential monitoring, password policy, [multi-factor authentication], are preventable problems. Sometimes they have the cyber insurance policy. It actually almost matches up with maybe 70% or 80% of the clients that we’re supporting, who had almost identical attacks with an old credential, with a weak password on a VPN.

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Ransomware Passwords VPN Cyber Insurance 85

ForAllSecure

MAY 30, 2023

Obviously, organizations gotten smart to that and they started doing offline backups securing their backups differently, so that they would continue to have access and availability. VAMOSI: So right there, this seems like some kind of authentication bypass. LANCE : So typically, it would go request an authentication code.

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Ransomware Encryption Authentication Backups 40

Digital Shadows

OCTOBER 14, 2024

English-speaking countries, particularly the US, UK, Canada, and Australia, have well-developed insurance markets and higher cybersecurity awareness, resulting in higher ransomware insurance adoption. However, some cyber insurance policies explicitly forbid ransom payments.

Ransomware 94

Ransomware Social Engineering Insurance Cyber Insurance 94

Duo's Security Blog

JULY 6, 2021

The eight areas are: Application Control Patch Applications Configure Microsoft Office Macro Settings User Application Hardening Restrict Administrative Privileges Patch Operating Systems Multi Factor Authentication Daily Backups Each area comes with guidance to improve maturity of the area. Watch this space — there’s more to come!

Government 144

Government Architecture Backups Encryption 144

SC Magazine

MAY 13, 2021

Implement strong authentication for all OT users. Implement strong multifactor authentication to ensure that users are who they say they are and establish least privilege’ access for users. Are the backup and restore capabilities in place? Does the company have cyber insurance in place to pay a ransom?

Energy and Utilities 64

Energy and Utilities Ransomware Cyber Insurance Risk 64

Cisco Security

MARCH 22, 2022

But according to Anne Neuberger, the White House’s Deputy National Security Adviser for Cyber and Emerging Technology, this warning is “based on evolving threat intelligence, that the Russian government is exploring options for potential cyberattacks on critical infrastructure in the United States.”. Backup all critical data at least daily.

Cyber Insurance 85

Cyber Insurance Authentication Insurance Cyber Risk 85

SecureWorld News

MAY 12, 2020

If the law firm had cyber insurance, the policy may cover part of a ransom payment. When Florida cities paid more than a million dollars to ransomware operators in 2019, insurance covered most of it. The company says we're not going to pay the ransom, or we've got the backups.

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Ransomware Insurance Backups Passwords 70