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MSPs: Becoming the Trusted Cyber Insurance Advisor

Duo's Security Blog

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.

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Ransomware attacks can and will shut you down

Cisco Security

Downtime varied from minimal disruption (thanks to frequent data backups) to months upon months of recovery time . Protect yourself from Cyber criminals . Just having a firewall alone will not stop all of the attacks, it’s just a matter of time before you experience a breach. In 2021: . Hackers demanded up to $52.3

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School Cyberattack Aftermath: What Happens to Kids' Data?

SecureWorld News

I figured they [the school district] had firewalls and things of that nature. They followed the FBI’s advice to not pay the hackers and restored their system from backups they had kept for such an emergency. Other children had been successfully signed up for an electric company account.

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Cybersecurity for Nonprofits: Cost-Effective Defense Strategies

SecureWorld News

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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Ransomware Protection in 2021

eSecurity Planet

With vulnerabilities rooted in unsuspecting users, the task of preventing these attacks means both staff training and a robust email and network security system that includes a strong backup program so you have a recent copy of your data that you can roll back to. Offline Backups. Screenshot example. Ransomware predictions.

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Top Cyber Attacker Techniques, August–October 2024

Digital Shadows

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. To enhance security, organizations should block direct internet access to RDP services using firewalls and restrict access to internal networks and VPNs.

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Ransomware and Cyber Extortion in Q4 2024

Digital Shadows

Restricting firewall management access to trusted sources and, where possible, disabling internet access to the wide area network (WAN) management portal can further strengthen defenses. Implement and regularly review immutable backups to protect critical data from tampering or deletion.