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.

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Krebs on Security

MARCH 2, 2021

PrismHR , a company that sells technology used by other firms to help more than 80,000 small businesses manage payroll, benefits, and human resources, has suffered what appears to be an ongoing ransomware attack that is disrupting many of its services. Hopkinton, Mass.-based PrismHR has not yet responded to requests for comment.

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Schneier on Security

JULY 25, 2024

In information technology, brittleness also results from the fact that hundreds of companies, none of which you;ve heard of, each perform a small but essential role in keeping the internet running. Insurance blunts financial losses.) We need deep complexity in our technological systems, and that will require changes in the market.

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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.

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eSecurity Planet

JULY 12, 2022

Cyber Insurer Provides Help. As Spectra Logic had the foresight to take out cyber insurance , Chubb representatives were professional and helpful, according to Mendoza. Also read: Top 8 Cyber Insurance Companies for 2022 Best Ransomware Removal and Recovery Services. Backups Wiped Out But Tape, Snapshots Survive.

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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.

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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.

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Malwarebytes

NOVEMBER 12, 2021

The idea is that if the original file is damaged, breaks, is stolen , or suffers any other problem, then the backups survive the issue. Where do we put our backups? One of the most important backup stumbling blocks is figuring out where to place the files being copied. Do people backup their backups?

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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.

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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.

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Security Affairs

MARCH 13, 2025

As of February 2025, Medusa developers and affiliates have impacted over 300 victims from a variety of critical infrastructure sectors with affected industries including medical, education, legal, insurance, technology, and manufacturing.” ” reads the joint advisory. Attackers use Mimikatz to steal credentials.

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eSecurity Planet

JULY 8, 2022

Ransomware has now emerged as one of the key reasons to have a DR plan and DR technology in place. But it also requires software to orchestrate data movement, backup and restore technology to ensure a current copy of data is available, and the ability to recover systems and data rapidly.

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eSecurity Planet

OCTOBER 5, 2021

An organization must: Prepare a good backup policy and procedure. This is particularly true of server protection, where, as Symantec Endpoint Security VP and General Manager Adam Bromwich notes, “traditionally IT has not turned on all the protection technologies available to them. Simple Ransomware Recovery. Ransomware Security.

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CyberSecurity Insiders

SEPTEMBER 20, 2021

As technology advances, cybercriminals are finding more sophisticated means to attack businesses online. Encryption and data backup. Invest in cybersecurity insurance. Cybersecurity insurance involves the transfer of financial risk that may arise from doing business online.

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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.

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CyberSecurity Insiders

OCTOBER 23, 2021

By tapping into the advanced capabilities of our IT scanning technology, we’re proud to share actionable data to increase awareness around the current state of cyber risk technology and help eliminate the impact of adverse events — especially as we approach the end of a pivotal year,” said Madhu Tadikonda, President of Corvus Insurance. “We

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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.

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SecureWorld News

AUGUST 18, 2020

Here is Carnival Corporation's ransomware and cyber incident statement, in full: On August 15, 2020, Carnival Corporation and Carnival plc (together, the "Company," "we," "us," or "our") detected a ransomware attack that accessed and encrypted a portion of one brand’s information technology systems.

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CyberSecurity Insiders

OCTOBER 20, 2021

The only saving grace was that the city had invested in both on-premise and cloud backups. To prepare for ransomware attacks, Okumu stressed the importance of an incident response plan (IRP) that addresses both the technology and business sides of recovery. Backup Strategy. Having a backup strategy is also critical.

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CyberSecurity Insiders

SEPTEMBER 29, 2021

NCSC, ICO and the insurers of GiantPay are aware of the incident and are working closely with the company in finding who is behind the attack. Although Giant Screening and Giant Finance+ services remain unaffected, sources report that the backend servers recording the backup information were partially disrupted in the incident.

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eSecurity Planet

OCTOBER 5, 2021

Data backup. The first is high-integrity, air-gapped data backups , which is the quickest and cheapest way to recover from an attack. Determines the initial vector of infection, where your current data backups are, and the sensitivity of encrypted files. Digital forensics for insurance, medical, legal, and Fortune 500 companies.

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The Last Watchdog

DECEMBER 12, 2023

Focus on implementing robust backup and disaster recovery plans, user training, and the sharing of threat intelligence. Camellia Chan , Co-Founder and CEO, Flexxon Chan In a single month, major breaches hit MGM, DP World Australia, Philippine Health Insurance – just to name a few. Mike Kosak , Intelligence Analyst, LastPass.

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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. Backup and encryption.

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eSecurity Planet

OCTOBER 18, 2021

“From a technological standpoint this is a fairly old case, so whatever was in place then probably isn’t relevant to what needs to be in place today – but it does tie together the absolute gravity of the situation that we’re in,” Crockett said. ” Cyber Insurance No Longer Reliable.

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CyberSecurity Insiders

SEPTEMBER 16, 2022

This is essential to consider as humans enter the most technologically advanced age in history while balancing many national and global turning points. studied places like Russia, China and Brazil because it was concerned these technologies were reaching parts of the world with high unemployment rates and IT skills.

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Joseph Steinberg

JANUARY 18, 2024

Cybersecurity measures, including robust encryption, secure authentication protocols, and regular security audits, can, of course, be utilized as part of a formidable defense against unauthorized access – but no security technologies should be deployed ad-hoc; security must be well planned and implemented carefully.

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eSecurity Planet

DECEMBER 9, 2021

Be in-line with insurance policies. For example, assign the cloud team to initially respond to incidents involving cloud assets with the cybersecurity team providing backup resources. The assignment of backup resources will also be useful as a contingency. See Best Backup Solutions for Ransomware Protection.

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SecureWorld News

FEBRUARY 19, 2024

Work in tandem with your hosting provider to leverage managed WordPress specialty hosting assistance, enquiring about their incumbent technologies, proactive monitoring, malware detection, backups, and DDoS mitigation, among others. Schedule daily backups to create multiple restore points.

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eSecurity Planet

MAY 30, 2024

million in information technology expenses $1.3 million in consulting fees potentially for IT including $987k earned by World Wide Technology, a St.Louis IT services provider, and $306k for Accenture. IT should never be the top expense for a healthcare organization. Companies should also use free tools available to them.

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Jane Frankland

AUGUST 8, 2024

By leveraging advanced technology, CEM solutions expedite decision-making processes, ensuring that resources are mobilised immediately and efficiently. Designate primary and backup communication channels for different scenarios, such as natural disasters, insurrections, terrorism, cyberattacks, and IT outages.

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Security Affairs

NOVEMBER 14, 2022

Add to that, there is the risk of penalties and fines (which are not insurable in most jurisdictions) not only under privacy and data protection regulations but also on the basis of cybersecurity regulations that are now proliferating. What should directors do if a cyberattack happens to the company? there could be reputational damage.

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Joseph Steinberg

JANUARY 18, 2024

Cybersecurity measures, including robust encryption, secure authentication protocols, and regular security audits, can, of course, be utilized as part of a formidable defense against unauthorized access – but no security technologies should be deployed ad-hoc; security must be well planned and implemented carefully.

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SC Magazine

FEBRUARY 25, 2021

On Wednesday – just Wednesday – news stories emerged about an airplane maker, information technology giant and computer game company all having operations disrupted by ransomware. Todt said that cybersecurity insurance is prevalent among SMBs, but often offer a low return on investment. Part of the problem is technical.

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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?

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Krebs on Security

DECEMBER 29, 2022

Faced with an increasing brain drain of smart people fleeing the country, Russia floats a new strategy to address a worsening shortage of qualified information technology experts: Forcing tech-savvy people within the nation’s prison population to perform low-cost IT work for domestic companies.

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eSecurity Planet

MARCH 12, 2025

The Advanced plan offers a little more, including one terabyte of cloud backup, syncing data across devices, and phone support during business hours. Its Advanced plan also has a terabyte of cloud backup and file syncing across devices. The Essential plan, which costs $3.33 It costs $4.49

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eSecurity Planet

FEBRUARY 16, 2021

With vulnerabilities rooted in unsuspecting users, the task of preventing these attacks means both staff training and a robust email and network security system that includes a strong backup program so you have a recent copy of your data that you can roll back to. Offline Backups. Screenshot example. Adaptive Monitoring and Tagging.

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