SecureWorld News

SEPTEMBER 10, 2020

Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. 4 key takeaways from cyber insurance industry report. Cyber insurance works.

Cyber Insurance 73

Cyber Insurance Insurance Ransomware Cyber Attacks 73

Thales Cloud Protection & Licensing

OCTOBER 24, 2024

The cybersecurity regulations apply to entities overseen by the NYDFS, such as financial institutions, insurance companies, agents, and brokers, as well as banks, trusts, mortgage lenders and brokers, money transmitters, check cashers, and other related businesses.

Financial Services 62

Financial Services Cybersecurity CISO Backups 62

Webroot

MARCH 3, 2025

The event is sponsored by the Federal Trade Commission (FTC), and other participating agencies include the Federal Deposit Insurance Corporation (FDIC), AARP , and the Better Business Bureau (BBB). Backup solutions – Carbonite automatically backs up and protects your data. Document disposal Shred sensitive documents.

Consumer Protection 92

Consumer Protection Identity Theft Scams Social Engineering 92

Security Boulevard

APRIL 16, 2025

A full breakdown of the patches for this quarter can be seen in the following table, which also includes a count of vulnerabilities that can be exploited over a network without authentication.

Financial Services 59

Financial Services Retail Insurance Accountability 59

CyberSecurity Insiders

SEPTEMBER 20, 2021

Encryption and data backup. To create strong passwords that are hard to guess, combine the two-factor authentication with your password for verification purposes. Invest in cybersecurity insurance. Cybersecurity insurance involves the transfer of financial risk that may arise from doing business online.

Cybersecurity 121

Cybersecurity Insurance Passwords Encryption 121

Krebs on Security

JANUARY 6, 2020

.” Schafer said another mitigating factor was that VCPI had contracted with a third-party roughly six months prior to the attack to establish off-site data backups that were not directly connected to the company’s infrastructure. Cloud-based health insurance management portals. Direct deposit and Medicaid billing portals.

Passwords 256

Passwords Ransomware Password Management Malware 256

SecureWorld News

SEPTEMBER 5, 2023

In a recent revelation, security researcher Jeremiah Fowler uncovered a significant data leak affecting one of the United States' largest health insurance companies, Cigna Health. The exposed database offered a unique glimpse into the operations of Cigna Health, one of the nation's largest health insurance providers.

Backups 109

Backups Insurance Healthcare Data breaches 109

Security Affairs

MARCH 13, 2025

As of February 2025, Medusa developers and affiliates have impacted over 300 victims from a variety of critical infrastructure sectors with affected industries including medical, education, legal, insurance, technology, and manufacturing.” ” reads the joint advisory. Attackers use Mimikatz to steal credentials.

Ransomware 68

Ransomware Encryption Cryptocurrency Insurance 68

Security Affairs

MAY 12, 2024

In December 2023, Elliptic and Corvus Insurance published a joint research that revealed the group accumulated at least $107 million in Bitcoin ransom payments since early 2022. ” reads the CSA. According to the experts, the ransomware gang has infected over 329 victims, including ABB , Capita , Dish Network , and Rheinmetall.

Ransomware 142

Ransomware Hacking Healthcare Retail 142

Security Affairs

JANUARY 17, 2022

.” The CPU will address critical vulnerabilities in Oracle Essbase, Graph Server and Client, Secure Backup, Communications Applications, Communications, Construction and Engineering, Enterprise Manager, Financial Services Applications, Fusion Middleware, Insurance Applications, PeopleSoft, Support Tools, and Utilities Applications.

Big data 123

Big data Financial Services Retail Insurance 123

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.

Backups 142

Backups Ransomware Technology Marketing 142

The Last Watchdog

DECEMBER 12, 2023

Focus on implementing robust backup and disaster recovery plans, user training, and the sharing of threat intelligence. 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.

Cybersecurity 258

Cybersecurity Social Engineering Cyber threats Software 258

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.

Ransomware 98

Ransomware Cyber Insurance Insurance Backups 98

CyberSecurity Insiders

JUNE 1, 2023

Information such as social security numbers, dates of birth, insurance details, and payment card information can fetch considerable sums, depending on the authenticity and novelty of the sourced data. Law enforcement agencies worldwide have been intensifying their efforts to apprehend notorious ransomware gangs.

Ransomware 107

Ransomware Healthcare Insurance Backups 107

Identity IQ

JULY 17, 2024

What is Two-Factor Authentication? IdentityIQ Two-factor authentication (2FA) is a security tool that requires you to verify your identity twice before you can gain access to a system. They work like an authenticator app but are tied to a separate physical device, not your phone. 2FA can help organizations meet these standards.

Authentication 52

Authentication Identity Theft Accountability Passwords 52

Centraleyes

APRIL 24, 2025

Identity & Access Management (IAM) with Adaptive Authentication (e.g., Okta Identity Cloud, Ping Identity) How they help These platforms move beyond traditional IAM by using behavioral analytics and risk-based authentication to dynamically adjust access permissions. Cyber Insurance with AI-Driven Risk Assessments (e.g.,

Penetration Testing 52

Penetration Testing Cyber Insurance Insurance Risk 52

SecureWorld News

FEBRUARY 19, 2024

Fundamentally, across the site, strong password policies and multi-factor authentication (MFA) must be enabled. Backing this up with MFA—via a third-party authenticator app—will ensure all login attempts are valid and verified, which will help if multiple users are trying to access a WordPress back-end.

Backups 109

Backups Firewall Encryption Passwords 109

Webroot

SEPTEMBER 24, 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 115

Cyber threats Small Business Scams Cybercrime 115

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. Insurance and Recoverability Issues As ransomware attacks have increased, so have the complexities associated with insuring against them.

Ransomware 138

Ransomware Insurance Risk Backups 138

eSecurity Planet

JUNE 16, 2022

However, basic cybersecurity tools and practices, like patching , strong passwords , and multi-factor authentication (MFA), “can prevent 80 to 90% of cyberattacks,” said Anne Neuberger, deputy national security advisor for cyber and emerging technologies, during a White House press conference in Sept. Backup and encryption.

Backups 145

Backups Ransomware Malware Firewall 145

Duo's Security Blog

FEBRUARY 13, 2023

Once the malware has been installed and spread, hackers can gain access to sensitive data and backup data, which they encrypt to hold the information hostage. Mitigating ransomware attacks using MFA Multi-factor authentication (MFA) is very effective at protecting credentials and limiting attackers’ access to company resources.

Ransomware 116

Ransomware Insurance Passwords Authentication 116

Security Affairs

NOVEMBER 14, 2022

Add to that, there is the risk of penalties and fines (which are not insurable in most jurisdictions) not only under privacy and data protection regulations but also on the basis of cybersecurity regulations that are now proliferating. What should directors do if a cyberattack happens to the company? there could be reputational damage.

Cyber Risk 141

Cyber Risk Insurance Cyber Attacks Risk 141

eSecurity Planet

MAY 30, 2024

Known Disruption & Damages Ransomware attackers used stolen credentials to access a Change Healthcare Citrix portal setup without any multi-factor authentication (MFA) protection. These present major publicly facing entry points to provider, insurance, and patient data that leave both healthcare organizations and their patients at risk.”

Healthcare 124

Healthcare Cybersecurity Ransomware Backups 124

Malwarebytes

MAY 16, 2023

The incident was noticed on March 14, and a week later PharMerica identified that the personal information accessed included names, dates of birth, Social Security numbers, medication lists and health insurance information. Enable two-factor authentication (2FA). Create offsite, offline backups.

Identity Theft 97

Identity Theft Ransomware Data breaches Passwords 97

Cisco Security

OCTOBER 18, 2021

Implement multi-factor authentication (MFA) as soon and as efficiently as possible. Backup all critical data at least daily, and preferably more often, to offline storage and protected with MFA and immutable encryption. Having insurance and the ability to pay a ransom is not the answer!

Cybersecurity 143

Cybersecurity CISO Insurance Risk 143

Malwarebytes

JULY 24, 2023

The information varied from person to person, but may have included names, addresses, phone numbers, dates of birth, Social Security numbers (SSNs), health insurance information, medical record numbers, patient account numbers, dates of service and/or limited treatment information used by TGH for its business operations.

Ransomware 97

Ransomware Computers and Electronics Passwords Backups 97

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.

Ransomware 94

Ransomware Backups Education VPN 94

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.

Cybersecurity 104

Cybersecurity Backups Cyber threats Software 104

SC Magazine

JUNE 25, 2021

Upon discovery, Prominence reset all user credentials and secured the impacted environment, launching an investigation and data restoration processes from its backup systems. But the insurer is notifying all 45,000 members from the 2019 to 2020 timeframe, as a precaution. Notably, not all plan members were affected by the incident.

Ransomware 103

Ransomware Insurance Hacking Media 103

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.

Ransomware 98

Ransomware Backups Encryption Malware 98

Pen Test Partners

SEPTEMBER 29, 2024

Use Multi-Factor Authentication (MFA) but consider your MFA channels MFA is a security measure that requires users to provide two or more verification factors to gain access to an account or application. Users must enable two-factor authentication, set a passcode, and activate Face ID or Touch ID to use this feature.

Data privacy 59

Data privacy Passwords Backups Authentication 59

SecureWorld News

OCTOBER 21, 2024

These are licenses, hardware, software, infrastructure capacity and bandwidth, backup and restoration, ancillary and monitoring systems, management systems, professional and managed services, and human resources. Apparent costs At the tip of the iceberg lies the monetary representation of the total cost of the solution.

Risk 109

Risk Cybersecurity Antivirus Authentication 109

Security Boulevard

OCTOBER 24, 2024

The cybersecurity regulations apply to entities overseen by the NYDFS, such as financial institutions, insurance companies, agents, and brokers, as well as banks, trusts, mortgage lenders and brokers, money transmitters, check cashers, and other related businesses.

Financial Services 72

Financial Services Cybersecurity CISO Backups 72

Joseph Steinberg

JANUARY 18, 2024

Cybersecurity measures, including robust encryption, secure authentication protocols, and regular security audits, can, of course, be utilized as part of a formidable defense against unauthorized access – but no security technologies should be deployed ad-hoc; security must be well planned and implemented carefully.

Cybersecurity 169

Cybersecurity Education Cyber Attacks Risk 169

Krebs on Security

DECEMBER 29, 2022

Optus’s CEO calls the intrusion a “sophisticated attack,” but interviews with the hacker reveal they simply enumerated and scraped the data from the Optus website without authentication. After briefly posting 10,000 records from the intrusion, the hacker announces they made a mistake, and deletes the auction.

Cryptocurrency 293

Cryptocurrency Cybercrime Computers and Electronics Scams 293

Joseph Steinberg

JANUARY 18, 2024

Cybersecurity measures, including robust encryption, secure authentication protocols, and regular security audits, can, of course, be utilized as part of a formidable defense against unauthorized access – but no security technologies should be deployed ad-hoc; security must be well planned and implemented carefully.

Cybersecurity 161

Cybersecurity Education Cyber Attacks Risk 161

Security Affairs

OCTOBER 22, 2022

Require phishing-resistant MFA for as many services as possible—particularly for webmail, VPNs, accounts that access critical systems, and privileged accounts that manage backups. Only store personal patient data on internal systems that are protected by firewalls, and ensure extensive backups are available if data is ever compromised.

Ransomware 79

Ransomware VPN Cybercrime Accountability 79