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. Cyber risk is seen as an IT issue, but our research shows that 90 per cent of incidents leading to cyber insurance claims resulted from human behaviour.

Insurance 52

Insurance Cyber Risk CISO Cyber Insurance 52

SecureWorld News

MAY 18, 2021

This is what informs his perspective: "My role in practical terms is to be somewhat like the conductor of the symphony that comes in when there's this issue to work with cyber insurance providers, t o work with forensics firms, to work with PR firms, to work with data decryption negotiation firms, all of this. W e've got backups.

Ransomware 70

Ransomware Backups Cyber Insurance Risk 70

Security Boulevard

MAY 17, 2023

His name is Omar Masri and he's a software engineer and also the founder and CEO of Mamari.io, which helps businesses overcome the cost and complexities of cybersecurity, preventing attacks while meeting compliance and cyber insurance requirements. But actually, the biggest change is actually how risk was assessed in cybersecurity.

Hacking 52

Hacking Insurance Small Business Cybersecurity 52

Pen Test

OCTOBER 10, 2023

Sopra Steria - One of the Largest Reported Ransoms Europe's major IT services firm Sopra Steria was breached in October 2020 by the Ryuk gang, with extensive backups preventing major disruption. Keep backups completely isolated and air-gapped offline to prevent malware from infecting those too. Use immutable object storage for backups.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

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. Backup all critical data at least daily. Cyber insurance is not the answer!

Cyber Insurance 96

Cyber Insurance Authentication Insurance Cyber Risk 96

Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. 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 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. 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

Adam Levin

MARCH 2, 2020

Bear in mind that your data backups will be of no use if they are also encrypted by a ransomware attack, so keep them stored separately and offline. If your company already has cyber insurance coverage, consider increasing it. Don’t be the next Heritage Company.

Cyber threats 215

Cyber threats Ransomware Encryption Insurance 215

Krebs on Security

MARCH 4, 2022

But if you have information about their cyber insurance and maybe they have a lot of money in their account, I need a bank payout, then I can bargain. For now, take a look at the documents and see if there is insurance and bank statements.” “They are insured for cyber risks, so what are we waiting for?”

Ransomware 212

Ransomware Insurance Cyber Insurance Accountability 212