SecureWorld News

APRIL 23, 2025

As the report starkly states: "The three primary ways in which attackers access an organization are stolen credentials, phishing and exploitation of vulnerabilitiesacross every single industry." Phishing accounted for nearly 25% of all breaches. Threat actors aren't brute-forcing their way inthey're logging in through the front door.

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Cisco Security

JANUARY 10, 2023

As a result of this, next year we could see CISOs tightening up the disclosure decision making process, focusing on quicker and greater clarity on breach impact, and even looking to include personal liability cover in cyber insurance contracts. Increasing demands from insurers. From Security Awareness to Culture Change.

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Duo's Security Blog

SEPTEMBER 1, 2023

Unlike passwords, passkeys are always strong and phishing resistant. Remote Users The web authentication process begins when the remote user wants to connect to an application. Users need to be trained since they’re a new way of authentication, but typically users can enroll or manage them through a UI-driven workflow by themselves.

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Passwords Authentication Insurance Cyber Insurance 133

Security Boulevard

MAY 12, 2022

Phishing attacks? What Is Not Covered Under Cyber Insurance? Cyber insurance will not cover the cost for security remediation, the purchase of new security technology, or any 3rd pen testing, auditing, or installation of any security products. Below is a list of adaptive controls needed for cyber insurance.

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Cyber Insurance Insurance Marketing Firewall 105

Digital Shadows

NOVEMBER 26, 2024

Key Points Phishing incidents rose during the reporting period (August 1 to October 31, 2024), accounting for 46% of all customer incidents. This increase is likely driven by high employee turnover and easy access to phishing kits. Meanwhile, “RansomHub” is rising rapidly due to its attractive ransomware-as-a-service (RaaS) model.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

Webroot

SEPTEMBER 24, 2024

In today’s world, both small businesses and everyday consumers face a growing number of cyber threats. From ransomware attacks to phishing scams, hackers are becoming more sophisticated. For consumers: Stay alert to potential phishing attacks or scams related to global events.

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Cyber threats Small Business Scams Cybercrime 114

BH Consulting

JULY 17, 2024

MFA momentum gathers after AWS adoption and Snowflake breach Multi-factor authentication (MFA) got a boost on two fronts recently. He added that IT professionals relying on strong passwords or the ability to spot phishing isn’t enough. The specialist broker is forecasting the total cyber insurance market will reach $43 billion by 2030.

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Cyber Insurance Insurance Risk Marketing 69

Duo's Security Blog

OCTOBER 18, 2021

One area where campuses have been collaborating recently are changes around cyber liability insurance for higher education, an opportunity for campus cybersecurity teams to combine forces with their risk management team. In a recent Duo blog post, we gave an overview of cyber liability insurance.

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Insurance Education Risk Cyber Insurance 97

CyberSecurity Insiders

JUNE 22, 2023

Instead, the ransom pay can be covered from a cyber insurance policy, provided it is taken prior to the launch of the attack and covers the costs associated with the malware attack. Nope, says a renowned international bank from UK. Remember, prevention is key when it comes to ransomware attacks.

Ransomware 96

Ransomware Banking Cyber Insurance Insurance 96

Adam Levin

JULY 8, 2020

A recent domain hijack of Japanese cryptocurrency exchange Coincheck.com was used to spoof the company in a spear-phishing campaign. It should include an inventory of who can access registrar accounts, implementation of two-factor authentication, and password hygiene checks.

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Hacking Retail Cyber Insurance Authentication 130

Malwarebytes

SEPTEMBER 14, 2022

There are three big ones: Phishing : If you have a DNS filter, as soon as someone in your business clicks a link to a malicious website, they’re prevented from visiting it. Two-factor authentication (2FA) is a cost-effective option for SMBs. ” Read more: Understanding the basics of two-factor authentication.

Technology 80

Technology DNS Cyber Insurance Insurance 80

Digital Shadows

JANUARY 14, 2025

To gain access to internal networks, Akira targeted local accounts with disabled multifactor authentication (MFA) and SonicOS firmware versions vulnerable to exploitation, often exposed to the internet for virtual private network (VPN) access. Similar groups like REvil and DarkSide have also rebounded after law enforcement crackdowns.

Ransomware 126

Ransomware Social Engineering Phishing VPN 126

Security Boulevard

FEBRUARY 8, 2023

Click here to watch the roundtable and learn about the future of cyber insurance from leading experts. In partnership with Cysurance, BlastWave hosted a roundtable entitled “The Future of Cyber Insurance and MSP Insurability. The expert panelists held an honest discussion about insurability difficulties for MSPs.

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Cyber Insurance Insurance Marketing Risk 52

CyberSecurity Insiders

DECEMBER 18, 2022

It wasn’t just the recent Uber attack in which the victim’s Multi-Factor Authentication (MFA) was compromised; at the core of the vast majority of cyber incidents is the theft and abuse of legitimate credentials. 2 – Continued ‘hacktivism’ from non-state actors complicates cyber attribution and security strategies.

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Cybersecurity CISO Insurance Ransomware 125

Malwarebytes

SEPTEMBER 30, 2022

Cyber Resilience Review (CRR) : The CRR assessment evaluates your organization’s operational resilience and cybersecurity practices. Phishing Campaign Assessment (PCA) : Evaluates an organization’s susceptibility and reaction to phishing emails. Take cyber insurance , for example.

Government 69

Government Cybersecurity Cyber Insurance Insurance 69

Webroot

SEPTEMBER 27, 2024

In today’s world, both small businesses and everyday consumers face a growing number of cyber threats. From ransomware attacks to phishing scams, hackers are becoming more sophisticated. For consumers: Stay alert to potential phishing attacks or scams related to global events.

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Cyber threats Small Business Scams Cybercrime 59

SecureWorld News

JANUARY 21, 2024

Phishing attacks, for instance, are extremely common: these are deceptive emails or messages designed to steal data. The costs of recovering from such incidents, especially for smaller organizations without cyber insurance, can be devastating. Because of this, it's crucial to understand the types of threats nonprofits face.

Cybersecurity 104

Cybersecurity Backups Cyber threats Software 104

SecureWorld News

NOVEMBER 22, 2021

Originally, these attacks began as phishing emails that compromised employee credentials, but later variants branched into tricking members of the human resources (HR) and financial departments into making the changes for an executive. If you have cyber insurance, will it cover some or all BEC incidents?

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Scams Cybercrime Accountability Banking 98

Digital Shadows

OCTOBER 14, 2024

To counter these methods, organizations should prioritize educating users on phishing and social engineering techniques. 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.

Ransomware 94

Ransomware Social Engineering Insurance Cyber Insurance 94

Malwarebytes

OCTOBER 19, 2022

Use multi-factor authentication. That’s where multi-factor authentication (MFA) comes in. It is hugely effective: It can protect you from stolen passwords and credential stuffing, shut out online and offline brute-force guessing attacks, and some forms of MFA will even stop phishing attempts. Turn off RDP wherever you can.

Passwords 87

Passwords Ransomware Backups Cyber Insurance 87

eSecurity Planet

JULY 8, 2022

The Cyber Incident Recovery offering provides immutable and air-gapped backup for data recovery with at least one offline backup copy. Identity and access management with role-based access control and multi-factor authentication is available. Failed backups due to environmental issues are eliminated by Unitrends Helix.

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Backups Ransomware Technology Marketing 142

Thales Cloud Protection & Licensing

JULY 21, 2022

However, this stance indicates a lack of understanding of the effects of all the parties involved, such as cyber insurance underwriters, incident response firms, government regulations, and ransomware attribution. For many organizations, paying the ransom can be less damaging than risking any additional impacts.

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Cyber threats Energy and Utilities Ransomware IoT 71

Digital Shadows

NOVEMBER 26, 2024

Key Points Phishing incidents rose during the reporting period (August 1 to October 31, 2024), accounting for 46% of all customer incidents. This increase is likely driven by high employee turnover and easy access to phishing kits. Meanwhile, “RansomHub” is rising rapidly due to its attractive ransomware-as-a-service (RaaS) model.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

NetSpi Executives

APRIL 27, 2024

Logins without multi-factor authentication. Attackers guess the passwords easily, find them in open source code repositories, or collect them via phishing. Some can’t afford not to pay, and some are covered by cyber insurance. Enable multi-factor authentication. Should I get a ransomware cyber insurance policy?

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Ransomware Cyber Insurance Backups Insurance 52

SC Magazine

JUNE 14, 2021

Credential monitoring, password policy, [multi-factor authentication], are preventable problems. Also anti-phishing. Sometimes they have the cyber insurance policy. The policy should illustrate the importance of password security. You’re rolling your eyes, I’m sure, but these are all things that we know.

Ransomware 85

Ransomware Passwords VPN Cyber Insurance 85

Centraleyes

DECEMBER 16, 2024

By focusing on identity and access management (IAM), multi-factor authentication (MFA), and micro-segmentation, ZTA provides a robust defense against modern threats. We are seeing increased use of AI to automate attacks, including malware generation and phishing campaigns.

Cybersecurity 52

Cybersecurity Insurance Cyber Insurance Risk 52

eSecurity Planet

APRIL 6, 2023

Whether deployed by ransomware groups or individuals via ransomware as a service (RaaS) , the most common method of ransomware deployment is a phishing email. Multifactor authentication (MFA) can protect critical applications and devices, as can zero trust security principles. There are several methods of delivering ransomware attacks.

Ransomware 98

Ransomware Backups Encryption Malware 98

Spinone

OCTOBER 13, 2020

Implement good email phishing/SPAM filtering to help filter out obvious malicious SPAM emails with infected links, attachments, and other files. There is no question that ransomware found in SPAM/phishing emails are one of the main threat vectors for a ransomware infection.

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IT Security Guru

DECEMBER 5, 2022

Everyone in the cyber insurance industry or trying to get cyber insurance today knows that using multifactor authentication (MFA) is an absolute make-or-break requirement for getting a cyber insurance policy; or if you can get a policy without MFA, you will pay a hefty increased premium for the same amount of coverage.

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Insurance Cyber Insurance Phishing Education 127

Thales Cloud Protection & Licensing

MAY 9, 2022

While implementation of security technologies such as multi-factor authentication and encryption have slightly increased, we have not yet reached the level where the majority of applications, data and operational technology are fully protected. Cyber insurance coverage ramps up. Governments step up to protect all businesses.

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Cyber Insurance Insurance Backups Ransomware 71

eSecurity Planet

OCTOBER 5, 2021

We should use multi-factor authentication. Paying for internal assessments and penetration tests by a third party can provide fresh thinking and a level of assurance for stakeholders such as customers, the board of directors, and the insurance company that wrote our cyber insurance policy. We should encrypt data at rest.

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Ransomware Backups Insurance Cyber Insurance 131

Duo's Security Blog

JUNE 21, 2021

According to Verizon’s most recent Data Breach Incident Report , instances of advanced ransomware have doubled in the past year, alongside major upticks in phishing attacks and social engineering. Don’t worry though, there's already an insurance policy for that. What is Cyber Liability Insurance?

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Insurance Cyber Insurance Data breaches Social Engineering 105

Jane Frankland

DECEMBER 7, 2023

Phishing attacks , still the most common form of attack ( with 9 out of 10 data breach attempts originating from them ) will become next level. To counter advancing cyber threats, organisations will implement more sophisticated security measures like multi-factor authentication, micro-segmentation, and continuous monitoring.

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Cybersecurity Cyber threats Insurance Artificial Intelligence 130

Jane Frankland

JANUARY 12, 2025

Sophisticated social engineering tactics, phishing campaigns, or financial incentives make it easier for cybercriminals to use insiders as tools for gaining access and maintaining their foothold in systems rather than hacking in. Cyber threats often exploit human errors, whether through phishing attacks, weak passwords, or lapses in protocol.

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Cybersecurity CISO Insurance IoT 130

The Last Watchdog

DECEMBER 15, 2024

Cunningham John Paul Cunningham , CISO, Silverfort Identity-based attacks in 2024, like those on Microsoft and Snowflake, are prompting insurers to intensify scrutiny in 2025. Our research reveals 69% of breaches are rooted in inadequate authentication and 78% of organizations have been targeted by identity-based attacks.

Cybersecurity 290

Cybersecurity Cyber threats CISO Energy and Utilities 290

eSecurity Planet

JUNE 1, 2021

Agency for International Development (USAID) to launch phishing campaigns against a broad array of targets. Now the group is back with the USAID phishing campaign. “Attackers know this and are creating phishing campaigns to take advantage of the mobile interface that makes it hard to spot a malicious message.

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Phishing Mobile Government Software 70