Security Affairs

NOVEMBER 14, 2022

The size of the cyber risk to companies cannot be underestimated. To indicate the size of the cyber risk to companies, there is, on average, a cyber-attack every 39 seconds, which does not mean that every attack is successful, but that there is an attempt to access companies’ computer systems with that frequency.

Cyber Risk 142

Cyber Risk Insurance Cyber Attacks Risk 142

Centraleyes

OCTOBER 7, 2024

Cyber risk mitigation is an ongoing process that aims to reduce the impact of cyber threats on your organization. It encompasses various strategies and tools designed to safeguard your systems and data from potential attacks. Detection: Monitoring systems to identify potential breaches or anomalies.

Cyber Risk 52

Cyber Risk Risk Backups IoT 52

Security Affairs

MARCH 27, 2019

Norwegian aluminum giant Norsk Hydro estimates more than $40 million losses in the first week following the ransomware attack that disrupted its operations. The news of the cyber attack had an immediate economic impact and caused a drop in the share price of 2.0 percent in early trading on the Oslo Stock Exchange.

Insurance 109

Insurance Cyber Attacks Ransomware Advertising 109

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 131

Cyber Insurance Insurance Marketing Cyber Attacks 131

Spinone

APRIL 13, 2020

The cyber security aspect of working from home is extremely important, as cyber attacks are on the rise. In this cyber security guide , we’ll help you to learn more about risks and cyber security best practices for remote work. There are various cyber risks for your data.

Backups 98

Backups Phishing Ransomware Risk 98

Thales Cloud Protection & Licensing

OCTOBER 4, 2021

Malign actors are using cyber capabilities to steal from, disrupt, or otherwise threaten financial institutions, investors and the public.”. To address the escalating cyber risks, the Hong Kong Association of Banks (HKAB) developed and published guidelines for Secure Tertiary Data Backup (STDB). Controlled. Data security.

Banking 114

Banking Digital transformation Encryption Backups 114

Hacker Combat

JUNE 2, 2022

ransomware to conduct the cyber-attack, the hackers threaten to expose stolen files unless the company pays a ransom. Employees should undergo frequent cyber security awareness programs to keep them up to date on the latest cyber risks and how to recognize an attack in its early stages. using the LockBit 2.0

Ransomware 132

Ransomware Manufacturing Antivirus Cyber Risk 132

IT Security Guru

JUNE 17, 2024

Reputational Damage Public perception of an organisation can be severely tarnished by a ransomware attack, especially if customer data is compromised or service disruptions affect stakeholders. Restoring a reputation after such an incident takes time and resources. Some businesses never fully recover.

Ransomware 137

Ransomware Insurance Risk Backups 137

Spinone

MAY 8, 2020

Coupled with the current pandemic and the cybersecurity threats that have been very prevalent and growing in recent years such as ransomware, there are many different cyber risk types n 2020 that your business needs to prepare for. What are the types of cyber security threats? What Is a Cyber Attack?

Cyber Attacks 78

Cyber Attacks Phishing Backups Ransomware 78

eSecurity Planet

JANUARY 12, 2021

Data backups. With security risk assessments, the cybersecurity professionals within an organization can clearly see the efficiency of the organization’s controls, determine risk factors, come up with detailed plans and solutions, detect vulnerabilities and offer options to alleviate them. Manual risk assessments can be risky.

Risk 71

Risk Penetration Testing Cyber Risk Cyber Attacks 71

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 122

Social Engineering Engineering Accountability Backups 122

Security Boulevard

MAY 6, 2021

Since this hybrid and remote way of working looks like it’s here to stay, businesses must ensure they have the right infrastructure in place to combat any cyber threats. This trend is not likely to ease up any time soon either.

Cybersecurity 140

Cybersecurity DNS Education Security Awareness 140

Responsible Cyber

APRIL 8, 2020

Small and mid-sized enterprises (SMEs) are increasingly at risk of cyber-attacks, and often serve as a launch pad for larger threat campaigns, according to Cisco’s 2018 SMB Cybersecurity Report. Businesses must also ensure they have secure backups of their critical data. Lack of Cybersecurity Knowledge.

Cybersecurity 98

Cybersecurity DDOS Small Business Phishing 98

Spinone

JULY 16, 2020

Prevention is a set of actions aimed at making the chance of a cyber attack as low as possible. You must be able to distinguish unwanted incidents such as viruses, hacks, and other malicious attacks. Backup Data In the case of a cyber-attack or deletion, the loss and/or modification of data is inevitable.

Accountability 98

Accountability Backups Data breaches Passwords 98

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 Ransomware claims and costs.

Insurance 59

Insurance Cyber Risk Ransomware Technology 59

Security Boulevard

JUNE 23, 2022

In just a few years, cyber has transformed from the nerd in the corner into the Kim Kardashian of risk. businesses can be built on, and destroyed by, cyber risk. Serious cyber incidents will hit the headlines, so you need to have a media management strategy ready to limit any reputational damage.

Insurance 52

Insurance Cyber Risk CISO Cyber Insurance 52

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.

CISO 130

CISO Mobile Technology Risk 130

Spinone

DECEMBER 26, 2018

It is vital for any enterprise landscape to ensure viable, open, and reliable corporate communications – fostering innovation and economic prosperity, with respect to safeguarding against disruption and serious cyber risk perception. What are the benefits of cyber security awareness trainings?

Security Awareness 40

Security Awareness Risk Cyber threats Cyber Risk 40

Duo's Security Blog

FEBRUARY 4, 2025

In its modern iteration, cyber liability insurance mitigates the losses and business costs associated with cyber incidents and resulting downtime. CyberCube, a company specializing in quantifying cyber risk, estimates that the U.S. standalone cyber insurance market could reach $45 billion in premiums by 2034.

Cyber Insurance 55

Cyber Insurance Insurance Authentication Risk 55

Cytelligence

AUGUST 8, 2023

Cyber attackers find small businesses an attractive target for several reasons. A cyber security audit is an essential first step in identifying vulnerabilities and weaknesses in the organization’s digital infrastructure.

Small Business 52

Small Business Cybersecurity Cyber threats Ransomware 52

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 52

Social Engineering Engineering Accountability Backups 52

Digital Shadows

NOVEMBER 26, 2024

Phishing often serves as the gateway to cyber attacks, opening the door to impactful follow-on activity like malware and ransomware deployment or access to internal networks, ultimately causing substantial financial losses. Mitigations To minimize the risk of ransomware, organizations should adopt a multi-layered defense strategy.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

Digital Shadows

NOVEMBER 1, 2022

With many companies improving their incident response and ability to restore services through the use of backups, it is possible that the intentional breach of data is actually the more impactful side of a double extortion attack; according to research from 2022, the average cost of a data breach was USD 4.35

Cyber threats 52

Cyber threats Ransomware Media Data breaches 52

Schneier on Security

FEBRUARY 28, 2024

In an August 2022 bulletin , Lloyd’s instructed its underwriters to exclude from all cyber insurance policies not just losses arising from war but also “losses arising from state backed cyber-attacks that (a) significantly impair the ability of a state to function or (b) that significantly impair the security capabilities of a state.”

Cyber Insurance 301

Cyber Insurance Insurance Government Cyber Risk 301

Security Boulevard

MAY 17, 2023

Why are cyber attacks still on the rise? DEMETRIUS MALBROUGH: Yeah, it seems like everyone is focusing and really getting laser focused and honed in on security and dealing with cyber risks and cybersecurity overall. But I guess what I'm trying to get at is, why is it [cyber attack] still on the rise ?

Hacking 52

Hacking Insurance Small Business Cybersecurity 52

Spinone

OCTOBER 27, 2020

It defines areas where your cyber defenses may be weak and need improvement. This is a much wiser approach than simply reacting to cyber attacks. Cybersecurity risk assessment with an effective Incident Response Plan lowers costs of cybersecurity events Why perform a cyber risk assessment?

Risk 52

Risk Cybersecurity Penetration Testing Data breaches 52

Digital Shadows

NOVEMBER 26, 2024

Phishing often serves as the gateway to cyber attacks, opening the door to impactful follow-on activity like malware and ransomware deployment or access to internal networks, ultimately causing substantial financial losses. Mitigations To minimize the risk of ransomware, organizations should adopt a multi-layered defense strategy.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

The Last Watchdog

DECEMBER 14, 2023

Last Watchdog posed two questions: •What should be my biggest takeaway from 2023, with respect to mitigating cyber risks at my organization? ai Antani Many speculated that the ransomware attack on a Toyota supply chain player in Kojima, Japan was in retaliation for Japan’s aid to Ukraine.

Cybersecurity 234

Cybersecurity Marketing Encryption CISO 234

SecureWorld News

DECEMBER 27, 2024

Kip Boyle, vCISO, Cyber Risk Opportunities LLC: The Challenge of Cultivating Buy-in from Leadership and Employees "Cybersecurity professionals will continue to face a critical challenge: cultivating genuine buy-in from both senior leaders and employees. While resistance is important, recovery is paramount.

Cybersecurity 122

Cybersecurity Education Risk CISO 122

SecureWorld News

SEPTEMBER 26, 2024

To mitigate the risks associated with ransomware attacks, organizations must prioritize cybersecurity measures. This includes implementing robust network security, educating employees on cybersecurity best practices, developing incident response plans, and maintaining regular backups.

Cybersecurity 112

Cybersecurity Ransomware Cyber threats Risk 112

Cisco Security

MARCH 22, 2022

Left of Boom refers to actions you can take to protect your organization before a cyber incident. It includes the following advice: Have visibility and control of all assets and actionable metrics to measure cyber risk. Reduce the attack surface and manage the endpoints. Backup all critical data at least daily.

Cyber Insurance 98

Cyber Insurance Authentication Insurance Cyber Risk 98

Security Boulevard

SEPTEMBER 13, 2021

Particularly during the peak of COVID-19, research by IBM found that ransomware incidents ‘exploded’ in June 2020, which saw twice as many ransomware attacks as the month prior, taking advantage of remote workers being away from the help of IT teams. In recent months, ransomware attacks have not left mainstream media headlines.

Ransomware 59

Ransomware Education Security Awareness Phishing 59

Centraleyes

JANUARY 21, 2024

The Evolving Cyber Threat Landscape The contemporary threat and regulatory landscape have pressed organizations to fortify their cyber-crisis management capabilities. In recent years, a surge in cyber-attacks targeting critical infrastructure has been observed globally.

Cybersecurity 110

Cybersecurity Energy and Utilities Cyber threats Risk 110