Thales Cloud Protection & Licensing

OCTOBER 24, 2024

New Cybersecurity Rules for Financial Institutions in New York State Take Effect November 1, 2024 madhav Fri, 10/25/2024 - 06:09 The next major deadline for compliance with the updated cybersecurity rules from the New York State Department of Financial Services (NYDFS) is November 1, 2024.

Financial Services 62

Financial Services Cybersecurity CISO Backups 62

Malwarebytes

JANUARY 6, 2025

Westend Dental agreed to settle several violations of the Health Insurance Portability and Accountability Act (HIPAA) in a penalty of $350,000. And since the backups that were made by a third party turned out to be incomplete, they were also unable to inform affected patients.

Data breaches 145

Data breaches Ransomware Passwords Insurance 145

Adam Levin

JUNE 4, 2021

You would think that ExaGrid, a backup appliance and anti-ransomware service might know how to avoid ransomware, but it was hit. . Manage the damage: Plan ahead in the event of a successful cyberattack and have a cyber liability insurance plan to help offset the costs. . The post Anti-Ransomware Company Exagrid Pays $2.6

Ransomware 289

Ransomware Backups Insurance Healthcare 289

Security Boulevard

JULY 30, 2021

Even multinational businesses with comprehensive cybersecurity protocols in place are vulnerable. The post Cyberresilience: Your Data Insurance Policy appeared first on Security Boulevard. For many, it’s not an ‘if,’ but a case of how and when.

Insurance 128

Insurance Ransomware Hacking Cybersecurity 128

CyberSecurity Insiders

JULY 12, 2022

A Ransomware called BazarCall seems to target Insurance agents and clients and so Insurance specialist CFC has issued a warning to the companies into similar business and operating across the globe to step-up their defense-line against malware attacks, by proactively taking adequate measures.

Insurance 106

Insurance Ransomware Backups Malware 106

Krebs on Security

DECEMBER 8, 2022

Alex Holden is founder of Hold Security , a Milwaukee-based cybersecurity firm. The CLOP members said one tried-and-true method of infecting healthcare providers involved gathering healthcare insurance and payment data to use in submitting requests for a remote consultation on a patient who has cirrhosis of the liver. ” .

Healthcare 322

Healthcare Backups Ransomware Insurance 322

Duo's Security Blog

MAY 23, 2022

Cyber liability insurance can be a lifeline in the event of a major incident or breach. million per year , resulting in cyber insurance premiums jumping up by 50-100%. No doubt, cyber insurance is a hot topic right now. The unfortunate reality is that cyber insurance is becoming a necessity for organizations big and small.

Insurance 105

Insurance Cyber Insurance Data breaches Backups 105

SecureWorld News

NOVEMBER 14, 2024

We need to remember, like every industry, there is huge gap between the dozen or so large Fortune 100 health insurance payers, and the 1 million hospitals and doctors offices. We just have to accept the risks and rely on insurance to recover.'" Let me tell you why it's an impact to rabbit community.'

Healthcare 120

Healthcare Ransomware Identity Theft Data breaches 120

eSecurity Planet

MARCH 17, 2025

The Cybersecurity and Infrastructure Security Agency (CISA), in collaboration with the Federal Bureau of Investigation (FBI) and the Multi-State Information Sharing and Analysis Center (MS-ISAC), has released a joint cybersecurity advisory warning organizations about the escalating threat posed by the Medusa ransomware.

Ransomware 74

Ransomware Backups Firmware Insurance 74

The Last Watchdog

DECEMBER 12, 2023

A look back at the cybersecurity landscape in 2023 rings all-too familiar: cyber threats rapidly evolved and scaled up , just as they have, year-to-year, for the past 20 years. Eyal Benishti , CEO, IRONSCALES Benishti Generative AI (GenAI) reshaped cybersecurity in 2023. The comments we received were uniformly insightful and helpful.

Cybersecurity 258

Cybersecurity Social Engineering Cyber threats Software 258

Malwarebytes

FEBRUARY 21, 2023

Ransomware authors are wading into the cybersecurity insurance debate in a somewhat peculiar way. Specifically: urging victims to disclose details of their insurance contract , in order to tailor a ransom which will be beneficial to the company under attack. Create offsite, offline backups.

Cyber Insurance 98

Cyber Insurance Insurance Ransomware Encryption 98

Security Affairs

OCTOBER 20, 2024

Every week the best security articles from Security Affairs are free in your email box. Enjoy a new round of the weekly SecurityAffairs newsletter, including the international press.

Data breaches 115

Data breaches Cybercrime Cyber Insurance Marketing 115

CyberSecurity Insiders

SEPTEMBER 20, 2021

Besides reputational damage, cybersecurity attacks also lead to operational disruptions that lead to loss of revenue. When a company finds ways to stay safe from cybersecurity attacks , its confidential information and data remain secure and confidential. Here are ways businesses can stay ahead of cybersecurity attacks.

Cybersecurity 121

Cybersecurity Insurance Passwords Encryption 121

SecureWorld News

MARCH 30, 2023

However, data is as vulnerable as it is valuable, and World Backup Day on Friday, March 31st, is a welcome reminder of the need to have a well thought out data protection strategy in place. The campaign began in 2011 as World Backup Month and was changed to World Backup Day later.

Backups 98

Backups Insurance Cyber Attacks CISO 98

eSecurity Planet

JULY 12, 2022

As we didn’t have a comprehensive cybersecurity plan in place, the attack brought the entire business to its knees.”. Cyber Insurer Provides Help. As Spectra Logic had the foresight to take out cyber insurance , Chubb representatives were professional and helpful, according to Mendoza. Most had been infected. Lessons Learned.

Ransomware 144

Ransomware Cyber Insurance Backups Insurance 144

Joseph Steinberg

JANUARY 18, 2024

In today’s digitally driven world, in which businesses heavily rely on computer systems and the information living within such systems, the importance of cybersecurity cannot be overstated. Safeguarding Sensitive Data One of the primary reasons cybersecurity is crucial for business success is the protection of sensitive data.

Cybersecurity 169

Cybersecurity Education Cyber Attacks Risk 169

Krebs on Security

OCTOBER 28, 2020

In fact, many ransomware groups now have such an embarrassment of riches in this regard that they’ve taken to hiring external penetration testers to carry out the grunt work of escalating that initial foothold into complete control over the victim’s network and any data backup systems — a process that can be hugely time consuming.

Hacking 357

Hacking Ransomware Banking Accountability 357

Joseph Steinberg

JANUARY 18, 2024

In today’s digitally driven world, in which businesses heavily rely on computer systems and the information living within such systems, the importance of cybersecurity cannot be overstated. Safeguarding Sensitive Data One of the primary reasons cybersecurity is crucial for business success is the protection of sensitive data.

Cybersecurity 161

Cybersecurity Education Cyber Attacks Risk 161

Cisco Security

OCTOBER 18, 2021

About 15 years ago, the idiom began to be applied to cybersecurity, where the risk management continuum values the investment in protection to mitigate the negative consequences of a cyber incident. Achieving “Left of Boom” cybersecurity is a journey on which every CISO should be embarked. Some “Left of Boom” Processes.

Cybersecurity 143

Cybersecurity CISO Insurance Risk 143

eSecurity Planet

MAY 30, 2024

Table of Contents Toggle Recent Healthcare Attacks & Breaches 5 Key Cybersecurity Management Lessons to Learn Bottom Line: Learn Healthcare’s Lessons Before Suffering Pain Recent Healthcare Attacks & Breaches Large breaches affected over 88 million individuals in the USA in 2023, a 60% increase from 2022.

Healthcare 123

Healthcare Cybersecurity Ransomware Backups 123

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

Duo's Security Blog

DECEMBER 7, 2022

Much has been published about how the demand — and subsequent cost — for cyber liability insurance has skyrocketed in line with increasing incidents of cyberattacks. The state of cyber liability insurance The topic of cyber liability insurance is full of datapoints, statistics and graphs all showing upward trajectories.

Insurance 98

Insurance Cyber Insurance Ransomware Risk 98

Security Boulevard

OCTOBER 17, 2024

There has been a sharp decline in ransomware payouts, with only 11% of companies admitting to paying demands, which has been attributed to increased investment in backup and recovery technologies. The post Ransomware Payouts Decline as Security Maturity Rises appeared first on Security Boulevard.

Ransomware 81

Ransomware Backups Technology Insurance 81

CyberSecurity Insiders

MAY 17, 2023

As a result, cybersecurity has become a top priority for businesses of all sizes. However, cybersecurity is not just about implementing security measures. Cybersecurity compliance refers to the process of ensuring that an organization’s cybersecurity measures meet relevant regulations and industry standards.

Cybersecurity 124

Cybersecurity Risk Insurance Firewall 124

CyberSecurity Insiders

JUNE 3, 2022

Healthcare providers are opting to pay a ransom in the event of ransomware attacks, instead of recovering it from data backups. And even if they take such companies undercover, they exclude data breaches from their insurance backup as it involves a lot of risks that do not qualify in equilibrium with the payment made to the policy.

Healthcare 120

Healthcare Ransomware Insurance Backups 120

SecureWorld News

JANUARY 21, 2024

Battling cybersecurity threats can often feel like an uphill struggle. Let's take a closer look at some key cybersecurity strategies for nonprofits to consider. Let's take a closer look at some key cybersecurity strategies for nonprofits to consider.

Cybersecurity 104

Cybersecurity Backups Cyber threats Software 104

CyberSecurity Insiders

FEBRUARY 16, 2021

Third, this news is related to French health insurance company MNH that was hit by RansomExx, a spin-off version of Defray777 Ransomware. MNH has cleared the air that it will not bow down to the demands of hackers and will instead rely on the backup systems to recover the encrypted data.

Cyber Attacks 144

Cyber Attacks Insurance Backups Encryption 144

Webroot

FEBRUARY 21, 2025

Its a top-end, true all-in-one offering based on a new platform that combines antivirus, password manager, identity protection, VPN, backup, and parental controls. This is where data encryption and automated backups come in. With automated backup you can create a backup schedule that you can set and forget.

Identity Theft 66

Identity Theft Backups Antivirus Encryption 66

eSecurity Planet

OCTOBER 18, 2022

The best defense and the best option for recovery will always be the availability of sufficient, isolated data backups and a practiced restoration process. However, even with the best planning, organizations can find a few users, machines, or systems that were overlooked or whose backup may be corrupted or encrypted.

Ransomware 145

Ransomware Encryption Insurance Backups 145

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

OCTOBER 8, 2020

Cybersecurity researchers from Cyble have spotted a threat actor sharing leaked data of Airlink International UAE for free on two different platforms. Cybersecurity researchers from Cyble have found a threat actor sharing leaked data of Airlink International UAE for free on two platforms on the dark web.

Advertising 144

Advertising Insurance Backups Media 144

Security Affairs

JUNE 18, 2024

In some cases, attackers are even leveraging the threat of regulatory actions or causing cyber insurance policies to be rendered moot by reporting lapses in security on the part of the victim to regulators and insurers. Limiting the Financial Fallout Proactive cybersecurity measures are essential for defending against ransomware.

Ransomware 140

Ransomware Cryptocurrency Insurance Cybercrime 140

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. The average cost of a breach is $3.6

Backups 145

Backups Ransomware Malware Firewall 145

Webroot

AUGUST 27, 2021

A key recommendation throughout is that business’ anti-ransomware policies “should be consistent with existing cybersecurity frameworks,” like those released by NIST, “but specific to ransomware.”. NIST notes the importance of making sure backups are isolated from one another to prevent infections from spreading between them.

Ransomware 140

Ransomware Backups Security Awareness Antivirus 140

CyberSecurity Insiders

FEBRUARY 21, 2022

But the company decided to recover its assets from backups instead of paying the cyber criminals, as it not only encourages crime but also doesn’t guarantee an exchange key for sure. The post Expeditors and Meyer ransomware attack news and Conti gang involvement appeared first on Cybersecurity Insiders. More details awaited!

Ransomware 124

Ransomware Insurance Backups Encryption 124

SecureWorld News

OCTOBER 21, 2024

In a recent [SecureWorld] event, I was part of a panel that discussed the true cost of cybersecurity along with two other security leaders in the automotive space (Mo Wehbi of Penske Automotive Group and Janette Barretto of Yazaki North America). This is because cybersecurity solutions often introduce significant complexity.

Risk 109

Risk Cybersecurity Antivirus Authentication 109

Security Affairs

MAY 12, 2024

The FBI, CISA, HHS, and MS-ISAC have issued a joint Cybersecurity Advisory (CSA) regarding the Black Basta ransomware activity as part of the StopRansomware initiative. These align with the Cross-Sector Cybersecurity Performance Goals (CPGs) developed by CISA and NIST, providing a minimum set of practices to protect against common threats.

Ransomware 142

Ransomware Hacking Healthcare Retail 142