Digital Shadows

JANUARY 14, 2025

By mid-2024, Scattered Spiders hallmark tactics, including social engineering and SIM-swapping, were evident in RansomHubs double extortion attacks, cementing their collaboration. The groups adaptabilityevident in its seamless transition to RansomHuband its expertise in social engineering keep it highly valuable to ransomware partners.

Ransomware 126

Ransomware Social Engineering Phishing VPN 126

Responsible Cyber

NOVEMBER 17, 2024

60% of providers reported ongoing challenges with insurance coverage verification, while 86% experienced disruptions in claim submissions. Role of Social Engineering Social engineering has emerged as the predominant attack vector, accounting for 41% of initial breach incidents. healthcare system. healthcare system.

Data breaches 98

Data breaches Healthcare Social Engineering Financial Services 98

Krebs on Security

DECEMBER 29, 2022

The unknown intruders gained access to internal Mailchimp tools and customer data by social engineering employees at the company, and then started sending targeted phishing attacks to owners of Trezor hardware cryptocurrency wallets. It emerges that email marketing giant Mailchimp got hacked.

Cryptocurrency 294

Cryptocurrency Cybercrime Computers and Electronics Scams 294

Security Boulevard

APRIL 23, 2021

For businesses, these messages can purport to be from technology firms, service providers, distributors, vendors, transportation companies, insurers and other companies that would regularly communicate with other businesses. The most imitated brands of 2020 clearly illustrate the social engineering effort that goes into cybercrime.

Phishing 101

Phishing Scams Media Accountability 101

SecureList

JUNE 26, 2023

According to a report by the Barracuda cybersecurity company, in 2021, businesses with fewer than 100 employees experienced far more social engineering attacks than larger ones. Make regular backups of essential data to ensure that corporate information stays safe in an emergency. Scammers often reach employees by e-mail.

Cybercrime 123

Cybercrime Phishing Banking Malware 123

IT Security Guru

MAY 12, 2024

Employ Firewalls Firewalls act as a barrier between your website and potential attackers, especially if you work in industries that carry a lot of sensitive data including large corporations, insurance firms, medical practices and companies that offer bad credit loans. Regular Backups Regularly back up your website and business data.

Backups 52

Backups Firewall Encryption Penetration Testing 52

Herjavec Group

JULY 20, 2021

Ransomware is often delivered and ultimately triggered through social engineering attacks; using email and text message-based phishing tactics to deliver the malicious payload and/or attack vector to the victim’s network. Also, keep in mind that some of those system backups may also become infected with malware during a breach.

Ransomware 59

Ransomware Malware Backups Insurance 59

Digital Shadows

NOVEMBER 26, 2024

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. This is likely because threat actors perceive US-based organizations to be more financially capable of paying ransoms due to well-developed cyber insurance.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

Pen Test

OCTOBER 10, 2023

Sopra Steria - One of the Largest Reported Ransoms Europe's major IT services firm Sopra Steria was breached in October 2020 by the Ryuk gang, with extensive backups preventing major disruption. Keep backups completely isolated and air-gapped offline to prevent malware from infecting those too. Use immutable object storage for backups.

Ransomware 52

Ransomware Backups Insurance Cyber Insurance 52

NetSpi Executives

APRIL 27, 2024

Ransomware, a definition Ransomware is a set of malware technologies, hacking techniques, and social engineering tactics that cybercriminals use to cause harm, breach data, and render data unusable. Ransomware attackers get into a network in many ways: Social engineering. Protect your backup systems.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

Security Boulevard

JUNE 26, 2022

Many hacker groups will even approach social engineering to see if anyone in IT or SecOps knows if any layoffs are coming. That $3.29, even with cyber insurance, is still a significant hit to the organization’s bottom line. Number of endpoints that require backup for compliance.

Information Security 98

Information Security Technology Marketing Data breaches 98

Herjavec Group

AUGUST 23, 2021

J Jaramillo Insurance . An insurance company in Puerto Rico. . lafand wbadmin to delete any backups . Perform frequent backups and recovery tasks based on system criticality (daily, weekly, or monthly), and keep backups offline and encrypted. Malware analysis researchers have also discovered that LockBit 2.0

Ransomware 52

Ransomware Encryption Manufacturing Backups 52

Spinone

DECEMBER 26, 2018

Social engineering attacks , including phishing, spam, and viruses introduced via clickable links within e-mail affected 80% of the banking institutions in 2016. I’m not exaggerating: A s ecure cloud backup solution can save hours, days, months and years of your team’s work.

Security Awareness 40

Security Awareness Risk Cyber threats Cyber Risk 40

SecureWorld News

SEPTEMBER 27, 2020

Now that some companies have managed to avoid paying ransom by restoring from backup, the gangs have upped their game. In the opus side, the private sector (including insurance companies) have stepped up, becoming remarkably inventive. RELATED: Higher Ed Ransomware Attack: University Pays $457K Despite Having Backups ].

Ransomware 82

Ransomware Cryptocurrency Computers and Electronics Banking 82

Digital Shadows

NOVEMBER 26, 2024

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. This is likely because threat actors perceive US-based organizations to be more financially capable of paying ransoms due to well-developed cyber insurance.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

eSecurity Planet

SEPTEMBER 10, 2021

In a year where ransomware has raised the alert levels everywhere, the go-to answer from many is redundancy through offline, remote backups – but are they enough? Backups are a critical component of any enterprise cybersecurity posture, but they are not an airtight strategy. Why Are Backups Critical? The Argument for Backups.

Backups 121

Backups Ransomware Encryption Malware 121

SecureWorld News

DECEMBER 27, 2024

Attacks that we see today impacting single agent systems, such as data poisoning, prompt injection, or social engineering to influence agent behavior, could all be vulnerabilities within a multi-agent system. What the Practitioners Predict Jake Bernstein, Esq., While resistance is important, recovery is paramount.

Cybersecurity 121

Cybersecurity Education Risk CISO 121