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Don’t Wanna Pay Ransom Gangs? Test Your Backups.

Krebs on Security

Browse the comments on virtually any story about a ransomware attack and you will almost surely encounter the view that the victim organization could have avoided paying their extortionists if only they’d had proper data backups. “It can be [that they] have 50 petabytes of backups … but it’s in a … facility 30 miles away.…

Backups 360
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New Ransom Payment Schemes Target Executives, Telemedicine

Krebs on Security

The first centers on targeting healthcare organizations that offer consultations over the Internet and sending them booby-trapped medical records for the “patient.” Tripwire’s tips for all organizations on avoiding ransomware attacks include: Making secure offsite backups. ”

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The CrowdStrike Outage and Market-Driven Brittleness

Schneier on Security

Friday’s massive internet outage, caused by a mid-sized tech company called CrowdStrike, disrupted major airlines, hospitals, and banks. The catastrophe is yet another reminder of how brittle global internet infrastructure is. Insurance blunts financial losses.) Nearly 7,000 flights were canceled.

Marketing 350
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Healthcare Now Third-Most Targeted Industry for Ransomware

SecureWorld News

From the report: " Samples of the stolen data can be easily found on the clear web, accessible to anyone with internet access. 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.

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HardBit ransomware tailors ransom to fit your cyber insurance payout

Malwarebytes

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. dismantling a device piece by piece The ransomware, called HardBit 2.0,

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Verizon's 2025 DBIR: Threats Are Faster, Smarter, and More Personal

SecureWorld News

The DBIR breaks down breach trends across industries: Financial and Insurance: Heavily targeted by credential stuffing and phishing; fastest detection rates. There is a strong correlational reason cyber insurance underwriters care about those key controls and coverage in the application process. And attackers are counting on that."

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University of Utah pays a $457,000 ransom to ransomware gang

Security Affairs

The University was able to recover the operations from the backups, but decided to pay the ransom to avoid having ransomware operators leak student information online. University of Utah officials explained that the university’s cyber insurance policy covered part of the ransom. ” continues the statement.