Malwarebytes

OCTOBER 11, 2023

The Philippine Health Insurance Corporation (PhilHealth), has confirmed that it was unprotected by antivirus software when it was attacked by the Medusa ransomware group in September. Create offsite, offline backups. Keep backups offsite and offline, beyond the reach of attackers. Don’t get attacked twice.

Antivirus 113

Antivirus Insurance Ransomware Healthcare 113

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. Write an incident response plan.

Cyber Insurance 79

Cyber Insurance Insurance Ransomware Encryption 79

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

CyberSecurity Insiders

SEPTEMBER 20, 2021

Encryption and data backup. In addition, regularly changing your password and using different passwords for all your online accounts will lower your risk of being compromised. Invest in cybersecurity insurance. Cybersecurity insurance involves the transfer of financial risk that may arise from doing business online.

Cybersecurity 121

Cybersecurity Insurance Passwords Encryption 121

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.

Ransomware 131

Ransomware Backups Insurance Cyber Insurance 131

Schneier on Security

JULY 25, 2024

It’s also true for CrowdStrike’s customers, who also didn’t have resilience, redundancy, or backup systems in place for failures such as this because they are also an expense that affects short-term profitability. Insurance blunts financial losses.) This is true for companies like CrowdStrike.

Marketing 321

Marketing Software Internet Internet 321

IT Security Guru

JUNE 17, 2024

This dual-threat approach means businesses risk losing access to their data, while simultaneously potentially facing a data breach. This includes leveraging more sophisticated ransomware software, using advanced tactics to avoid detection, and targeting backups to prevent recovery.

Ransomware 137

Ransomware Insurance Risk Backups 137

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 55

Cyber Insurance Insurance Ransomware Cyber Attacks 55

The Hacker News

FEBRUARY 14, 2023

From a cyber risk perspective, attacks on data are the most prominent threat to organizations. Regulators, cyber insurance firms, and auditors are paying much closer attention to the integrity, resilience, and recoverability of organization data – as well as

Cyber Insurance 70

Cyber Insurance Backups CISO Insurance 70

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 137

Ransomware Encryption Insurance Backups 137

Security Affairs

OCTOBER 8, 2020

The availability of the data on the dark web could pose organizations to serious risk, threat actors could use this data to carry out multiple malicious attacks. 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 145

Advertising Insurance Backups Media 145

SecureWorld News

OCTOBER 21, 2024

In contrast, more mature organizations quantify risk, comparing the original risk against the cost of the solution and the residual risk after deployment to decide whether to proceed with the purchase. Some focus on the solution's problem-solving capabilities, suitability, and efficacy.

Risk 94

Risk Cybersecurity Antivirus Authentication 94

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 142

Ransomware Cryptocurrency Insurance Cybercrime 142

Webroot

AUGUST 27, 2021

“ The immediate physical and business risks posed by ransomware are compounded by the broader societal impact of the billions of dollars steered into criminal enterprises, funds that may be used for the proliferation of weapons of mass destruction, human trafficking, and other virulent global criminal activity.

Ransomware 140

Ransomware Backups Security Awareness Antivirus 140

Security Affairs

NOVEMBER 14, 2022

Are the directors of a company hit by a cyberattack liable for negligence in failing to take steps to limit the risk. As the risk of a cyberattack grows, it is pivotal to consider whether the directors of a company hit by a ransomware attack, for example, can bear any liability for negligence in failing to take steps to limit the risk.

Cyber Risk 143

Cyber Risk Insurance Cyber Attacks Risk 143

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. But what are the risks with this approach? Of course, insurance cover is not the only measure that can be taken.

Insurance 62

Insurance Cyber Insurance Ransomware Risk 62

CyberSecurity Insiders

OCTOBER 23, 2021

The report provides an inside look at the insights and tools used by risk managers, IT departments, security researchers, and solution providers to hone their offerings and approaches to keeping organizations safe from evolving cyber threats. “By Ransomware claims and costs.

Insurance 59

Insurance Cyber Risk Ransomware Technology 59

Security Affairs

JANUARY 17, 2022

.” The CPU will address critical vulnerabilities in Oracle Essbase, Graph Server and Client, Secure Backup, Communications Applications, Communications, Construction and Engineering, Enterprise Manager, Financial Services Applications, Fusion Middleware, Insurance Applications, PeopleSoft, Support Tools, and Utilities Applications.

Big data 126

Big data Financial Services Retail Insurance 126

CyberSecurity Insiders

OCTOBER 20, 2021

The only saving grace was that the city had invested in both on-premise and cloud backups. On the business side, the plan should address elements such as having a communication plan for the CISO, CIO and company executives as well as a risk management component that includes cyber insurance. Backup Strategy. The Attack.

Ransomware 111

Ransomware Backups Insurance Cyber Insurance 111

eSecurity Planet

JULY 8, 2022

With a cyberattack, it’s more than just data that needs protecting—at risk is really the entire physical infrastructure from applications and operating systems down to low-level firmware and BIOS. This type of backup and DR technology offers RPOs measured in hours. See the Best Backup Solutions for Ransomware Protection.

Backups 131

Backups Ransomware Technology Marketing 131

eSecurity Planet

JANUARY 12, 2021

Protecting your organization from IT security risks is an ongoing, fluid task. As a savvy tech leader, you are likely hyperfocused on performing security risk audits to keep your networks strong and protected. Components of Security Risk Assessments. Data backups. Cybersecurity preparedness/ insurance.

Risk 71

Risk Penetration Testing Cyber Risk Cyber Attacks 71

Spinone

DECEMBER 8, 2016

What is G Suite Security Insurance? There are many G Suite security risks. G Suite security insurance removes and mitigates major risks of malware attacks and imposes those on the insurance company. Many small businesses rely on manual backup practices such as nightly backups to external storage media.

Insurance 40

Insurance Small Business Backups Cyber Insurance 40

SecureWorld News

NOVEMBER 14, 2024

Significant Financial and Operational Costs: Healthcare providers, faced with potential HIPAA fines and the risk of service interruptions, may feel pressured to pay ransom demands. This stolen data is often exposed on both the clear and dark web, heightening risks of identity theft and further perpetuating cybercrime.

Healthcare 96

Healthcare Ransomware Identity Theft Data breaches 96

eSecurity Planet

APRIL 29, 2024

Integrated risk management (IRM) is a discipline designed to embed risk considerations for the use of technology throughout an organization. In other words, it links technology spending directly to the value of the resource protected and the associated risks controlled by that technology.

Risk 68

Risk Government Technology Penetration Testing 68

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 92

Backups Insurance Healthcare Data breaches 92

Security Affairs

MARCH 27, 2019

” “Hydro has a solid cyber risk insurance policy with recognized insurers, with global insurer AIG as lead,” the company stated. Hydro confirmed to have locked out the threat and cleaned up all the infected systems, it did not pay the ransom and restored the servers using backups. Pierluigi Paganini.

Insurance 109

Insurance Cyber Attacks Ransomware Advertising 109

Joseph Steinberg

JANUARY 18, 2024

Mitigating Financial Risks Cybersecurity is an integral part of risk management for businesses. Investing in a proper cybersecurity program is a proactive strategy to mitigate these financial risks; while cybersecurity technologies might play a major role in such a program, cybersecurity insurance might serve as role as well.

Cybersecurity 169

Cybersecurity Education Cyber Attacks Risk 169

Krebs on Security

JANUARY 6, 2020

.” Schafer said another mitigating factor was that VCPI had contracted with a third-party roughly six months prior to the attack to establish off-site data backups that were not directly connected to the company’s infrastructure. Cloud-based health insurance management portals. Direct deposit and Medicaid billing portals.

Passwords 230

Passwords Ransomware Password Management Malware 230

Joseph Steinberg

JANUARY 18, 2024

Mitigating Financial Risks Cybersecurity is an integral part of risk management for businesses. Investing in a proper cybersecurity program is a proactive strategy to mitigate these financial risks; while cybersecurity technologies might play a major role in such a program, cybersecurity insurance might serve as role as well.

Cybersecurity 161

Cybersecurity Education Cyber Attacks Risk 161

Centraleyes

JUNE 11, 2024

Understanding the Foundation of Risk Mitigation Implementing robust risk mitigation strategies is essential to navigating the complexities of risk-related compliance activities. But before discussing risk mitigation techniques , we must discuss the necessary prep work.

Risk 52

Risk Cyber Insurance Insurance Authentication 52

Spinone

APRIL 7, 2020

That leads organizations to look for HIPAA compliant cloud backup , antivirus, or data protection software to ensure the safety of vital information. HIPAA Compliance Overview Health Insurance Portability and Accountability Act (HIPAA) compliance standards are related to the protection of information in healthcare. What is SpinOne?

Backups 80

Backups Healthcare Encryption Data breaches 80

CyberSecurity Insiders

JUNE 1, 2023

Information such as social security numbers, dates of birth, insurance details, and payment card information can fetch considerable sums, depending on the authenticity and novelty of the sourced data. Law enforcement agencies worldwide have been intensifying their efforts to apprehend notorious ransomware gangs.

Ransomware 107

Ransomware Healthcare Insurance Backups 107

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 119

Data breaches Cybercrime Cyber Insurance Marketing 119

The Last Watchdog

DECEMBER 12, 2023

Related: Adopting an assume-breach mindset With that in mind, Last Watchdog invited the cybersecurity experts we’ve worked with this past year for their perspectives on two questions that all company leaders should have top of mind: •What should be my biggest takeaway from 2023, with respect to mitigating cyber risks at my organization?

Cybersecurity 258

Cybersecurity Social Engineering Cyber threats Software 258

CyberSecurity Insiders

MAY 17, 2023

This can include measures such as firewalls , antivirus, access management and data backup policies, etc. Health Insurance Portability and Accountability Act (HIPAA) HIPAA is a U.S. It applies to healthcare providers, insurance companies, and other organizations that handle PHI. National Institute of Standards and Technology.

Cybersecurity 124

Cybersecurity Risk Insurance Firewall 124

eSecurity Planet

JUNE 16, 2022

This represents the greatest transfer of economic wealth in history, risks the incentives for innovation and investment, is exponentially larger than the damage inflicted from natural disasters in a year, and will be more profitable than the global trade of all major illegal drugs combined,” the report warned. Backup and encryption.

Backups 142

Backups Ransomware Malware Firewall 142

SecureWorld News

AUGUST 21, 2020

The ISO assisted the college in restoring locally managed IT services and systems from backup copies. The University had servers encrypted but restored the systems and the access from backups. It had cyber insurance: "The university’s cyber insurance policy paid part of the ransom, and the university covered the remainder.

Ransomware 76

Ransomware Cyber Insurance Insurance Backups 76