Duo's Security Blog

MAY 23, 2022

Cyber liability insurance can be a lifeline in the event of a major incident or breach. Cyber incidents rose 35% in 2020 with data breaches costing businesses an average of $4.24 million per year , resulting in cyber insurance premiums jumping up by 50-100%. No doubt, cyber insurance is a hot topic right now.

Insurance 105

Insurance Cyber Insurance Data breaches Backups 105

Security Affairs

AUGUST 20, 2024

Toyota has confirmed a data breach after a threat actor leaked 240GB of data stolen from its infrastructure on a cybercrime forum. Toyota disclosed a data breach after a threat actor leaked an archive of 240GB of data stolen from its systems on a cybercrime forum, BleepingComputer reported.

Data breaches 118

Data breaches Cybercrime Financial Services Hacking 118

Webroot

MARCH 3, 2025

The event is sponsored by the Federal Trade Commission (FTC), and other participating agencies include the Federal Deposit Insurance Corporation (FDIC), AARP , and the Better Business Bureau (BBB). The growing risks to your data During the third quarter of 2024, data breaches exposed more than 422 million records worldwide.

Consumer Protection 84

Consumer Protection Identity Theft Scams Social Engineering 84

Responsible Cyber

NOVEMBER 17, 2024

Image Source: AI Generated Recent data breaches have exposed sensitive information from millions of customers across healthcare, financial services, and technology sectors. These data breaches highlight significant vulnerabilities in vendor relationships and supply chain security. healthcare system. healthcare system.

Data breaches 98

Data breaches Healthcare Social Engineering Financial Services 98

Thales Cloud Protection & Licensing

OCTOBER 24, 2024

The cybersecurity regulations apply to entities overseen by the NYDFS, such as financial institutions, insurance companies, agents, and brokers, as well as banks, trusts, mortgage lenders and brokers, money transmitters, check cashers, and other related businesses. Human error was the leading cause of cloud-based data breaches.

Financial Services 62

Financial Services Cybersecurity CISO Backups 62

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. The reason is as it is easy and guarantees 100% encrypted data return- Of course, as per their perspective!

Healthcare 120

Healthcare Ransomware Insurance Backups 120

CyberSecurity Insiders

SEPTEMBER 20, 2021

Encryption and data backup. Data encryption is a protection strategy that renders data useless even when an intruder accesses it. Encrypting all your company’s sensitive data and private information ensures that it’s protected from data breaches. Invest in cybersecurity insurance.

Cybersecurity 121

Cybersecurity Insurance Passwords Encryption 121

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 356

Hacking Ransomware Banking Accountability 356

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 107

Backups Insurance Healthcare Data breaches 107

Malwarebytes

AUGUST 28, 2023

Create offsite, offline backups. Keep backups offsite and offline, beyond the reach of attackers. Deploy Endpoint Detection and Response software like Malwarebytes EDR that uses multiple different detection techniques to identify ransomware, and ransomware rollback to restore damaged system files. Don’t get attacked twice.

Data breaches 86

Data breaches Ransomware Identity Theft Backups 86

eSecurity Planet

OCTOBER 5, 2021

An organization must: Prepare a good backup policy and procedure. 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.

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Ransomware Backups Insurance Cyber Insurance 132

CyberSecurity Insiders

JANUARY 8, 2022

health insurance policy and group plan number, group plan provider, claim information). The post Medical Review Institute of America Notifies Patients of Data Breach appeared first on Cybersecurity Insiders. Reviewing, revising, and amending our existing cybersecurity policies as necessary.

Data breaches 78

Data breaches Identity Theft Accountability Insurance 78

Security Affairs

JUNE 17, 2020

The company already sent a data breach notification to the impacted individuals. ” reads the data breach notification. ” reads the data breach notification. “We carry cybersecurity insurance, subject to applicable deductibles and policy limits. ” states the SEC filing.

Ransomware 128

Ransomware Data breaches Advertising Insurance 128

Security Affairs

SEPTEMBER 8, 2024

Head Mare hacktivist group targets Russia and Belarus Zyxel fixed critical OS command injection flaw in multiple routers VMware fixed a code execution flaw in Fusion hypervisor U.S.

Data breaches 123

Data breaches Artificial Intelligence Social Engineering Hacking 123

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. The indirect costs of ransomware attacks are often even more damaging.

Ransomware 141

Ransomware Cryptocurrency Insurance Cybercrime 141

Spinone

DECEMBER 8, 2016

This can also be one of the reasons behind insufficient security practices with many businesses not realising the full effect of a data breach or ransomware attack until it is too late. What is G Suite Security Insurance? What’s the Best Way to Safeguard Data? There are many G Suite security risks.

Insurance 40

Insurance Small Business Backups Cyber Insurance 40

eSecurity Planet

MARCH 12, 2025

It offers basic VPN functionality along with advanced features like data breach scanning and password manager integrations. The Advanced plan offers a little more, including one terabyte of cloud backup, syncing data across devices, and phone support during business hours. 5 Pricing: 3.9/5 5 Features: 4.2/5

VPN 58

VPN Mobile DNS Password Management 58

Security Affairs

OCTOBER 8, 2020

Leaked data includes 14 folders and 53,555 files divided into the following categories: Passport scans Flight bookings Hotel bookings Email communications between Airlink International Group employees and customers Insurance policy for international travel. Copyright (C) 2014-2015 Media.net Advertising FZ-LLC All Rights Reserved -->.

Advertising 145

Advertising Insurance Backups Media 145

IT Security Guru

JUNE 17, 2024

Data Breach and Privacy Concerns Most ransomware attacks often involve data theft before encrypting the victim’s data. This dual-threat approach means businesses risk losing access to their data, while simultaneously potentially facing a data breach.

Ransomware 137

Ransomware Insurance Risk Backups 137

eSecurity Planet

DECEMBER 9, 2021

Unfortunately for those of us indulging in wishful thinking, the likelihood and costs of data breaches continue to increase. The Ponemon Institute estimates that data breach costs rose to an average cost of $4.24 Be in-line with insurance policies. See Best Backup Solutions for Ransomware Protection.

Insurance 126

Insurance Backups Data breaches Ransomware 126

SecureWorld News

AUGUST 18, 2020

Securities and Exchange Commission, notifying the SEC of the data breach. Hackers exfiltrated (removed) some data. Ransomware attacks: another argument for cyber insurance? Business interruption, loss of revenue and reputational damages are all financial burdens that cyber insurance can provide relief for.

Cyber Insurance 98

Cyber Insurance Ransomware Insurance Technology 98

Krebs on Security

DECEMBER 13, 2021

For example, it is unclear how much data would have been unrecoverable if a decryption key had not become available as the HSE’s backup infrastructure was only periodically backed up to offline tape. As bad as the HSE ransomware attack was, the PWC report emphasizes that it could have been far worse.

Healthcare 320

Healthcare Ransomware Antivirus Hacking 320

Security Affairs

NOVEMBER 14, 2022

According to research conducted by IBM, the average cost to companies of a data breach in 2022 is US$ 4.35 Furthermore, serial civil actions by individuals whose data has been compromised by a data breach are increasing exponentially also in Europe, backed up by law firms with success fee arrangements in place.

Cyber Risk 142

Cyber Risk Insurance Cyber Attacks Risk 142

Spinone

APRIL 7, 2020

Cloud security compliance is a serious challenge, especially when it comes to protecting sensitive data in healthcare. That leads organizations to look for HIPAA compliant cloud backup , antivirus, or data protection software to ensure the safety of vital information. Are Native G Suite/Office 365 Backup Options Enough?

Backups 80

Backups Healthcare Encryption Data breaches 80

Malwarebytes

MAY 16, 2023

The Data Breach Notification lists the total number of persons affected as 5,815,591. The incident was noticed on March 14, and a week later PharMerica identified that the personal information accessed included names, dates of birth, Social Security numbers, medication lists and health insurance information.

Identity Theft 97

Identity Theft Ransomware Data breaches Passwords 97

Krebs on Security

OCTOBER 22, 2019

The company said it is in the final stages of bringing all of its systems back online from backups. In an email sent to customers today, Billtrust said it was consulting with law enforcement officials and with an outside security firm to determine the extent of the breach. With more than 550 employees, Lawrence Township, N.J.-based

B2B 136

B2B Ransomware Insurance Backups 136

Joseph Steinberg

JANUARY 18, 2024

The costs associated with data breaches, system disruptions, and the aftermath of cyber incidents can quickly escalate. News of a data breach or security lapse can spread quickly, leading to reputational damage that may take years to repair, if it is even reparable.

Cybersecurity 169

Cybersecurity Education Cyber Attacks Risk 169

Malwarebytes

MARCH 26, 2023

When asked if it can recover the disruption cost through supplier recovery or insurance coverage, CEO Rory Byrne said , "I suppose the simple answer on that is no we don't expect to recover on either of those categories." Byrne adds that getting insurance in North America now is "prohibitive." Create offsite, offline backups.

Ransomware 89

Ransomware Insurance Backups Media 89

Malwarebytes

FEBRUARY 19, 2023

Ransomware On February 16, 2023, MKS filed notice of a data breach after learning of the ransomware attack that resulted in sensitive employee information being made accessible to an unauthorized party. Create offsite, offline backups. Keep backups offsite and offline, beyond the reach of attackers.

Ransomware 98

Ransomware Backups Manufacturing Marketing 98

Krebs on Security

DECEMBER 29, 2022

Australian telecommunications giant Optus suffers a data breach involving nearly 10 million customers , including passport or license numbers on almost three million people. The data is published after Medibank reportedly declines to pay a US$10 million ransom demand. Uber blames LAPSUS$ for the intrusion.

Cryptocurrency 282

Cryptocurrency Cybercrime Computers and Electronics Scams 282

Joseph Steinberg

JANUARY 18, 2024

The costs associated with data breaches, system disruptions, and the aftermath of cyber incidents can quickly escalate. News of a data breach or security lapse can spread quickly, leading to reputational damage that may take years to repair, if it is even reparable.

Cybersecurity 161

Cybersecurity Education Cyber Attacks Risk 161

SecureWorld News

DECEMBER 14, 2021

I'm kicking myself for not doing my own daily data backups. To lose access to all of our prior pay period data (bank file due this Wed), and all access to future pay periods, without notice, at year end, is an epic disaster, apparently without a business continuity plan!". Please shed more light on our data.".

Ransomware 97

Ransomware Backups Insurance Firewall 97

Malwarebytes

JULY 24, 2023

The information varied from person to person, but may have included names, addresses, phone numbers, dates of birth, Social Security numbers (SSNs), health insurance information, medical record numbers, patient account numbers, dates of service and/or limited treatment information used by TGH for its business operations. Change your password.

Ransomware 97

Ransomware Computers and Electronics Passwords Backups 97

Cisco Security

JULY 11, 2022

From extortion to data breaches, ransomware is always evolving, and is becoming very lucrative with Ransomware-as-a-service kit making it easier to target organizations. Downtime varied from minimal disruption (thanks to frequent data backups) to months upon months of recovery time . In 2021: .

Ransomware 145

Ransomware Education Cyber Insurance Insurance 145

Malwarebytes

JANUARY 15, 2023

There’s no word if any of the schools affected paid the ransom and had their data leaked anyway, or if the ransomware gang stuck to its word and “only” leaked in cases of non-payment. Backup your data. Backups are the last line of defence against an attack that encrypts your data.

Ransomware 94

Ransomware Backups Education VPN 94

Spinone

NOVEMBER 20, 2018

In traditional on-site backup systems security is mainly a physical concern – ensuring data is backed up in more than one location in case of hardware loss or failure and restricting access to the physical backup media to only trusted employees. In cloud backup, security concerns are different.

Backups 40

Backups Encryption Computers and Electronics Accountability 40

CyberSecurity Insiders

JULY 19, 2022

PFC said in some cases, SSNs and information about health insurance and medical treatment were also stolen. This attack was a result of an unauthorized third party using sophisticated ransomware to gain access and disable internal computer systems to retrieve personal data. Arti Raman (She/Her), CEO and Founder, Titaniam. “In

Healthcare 105

Healthcare Ransomware Encryption Penetration Testing 105