Centraleyes

DECEMBER 16, 2024

Cyber-Physical System (CPS) Security As manufacturing, healthcare, and transportation industries become more digitized, the integration of cyber-physical systemslike smart grids, industrial control systems, and IoT devicesis growing. Ensuring visibility, control, and data protection across these environments will be paramount.

Cybersecurity 98

Cybersecurity Insurance Cyber Insurance Risk 98

Digital Shadows

NOVEMBER 26, 2024

The US, manufacturing sector, and professional, scientific, and technical services (PSTS) sector are primary targets amidst an overall increase in ransomware attacks. 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

SC Magazine

JUNE 15, 2021

Dawn Cappelli, vice president of global security and chief information security officer at Rockwell Automation, said that the spike in ransomware attacks, particularly in manufacturing, inspired a tabletop exercise in December with her CEO and all his direct reports to walk through various ransomware scenarios.

Ransomware 60

Ransomware Insurance Cyber Insurance Risk 60

NetSpi Executives

APRIL 27, 2024

Victims pay ransomware adversaries for decryption keys through cryptocurrency, such as Bitcoin. Some can’t afford not to pay, and some are covered by cyber insurance. Should I get a ransomware cyber insurance policy? Many organizations have used cyber insurance to recover from ransomware attacks.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

Centraleyes

DECEMBER 16, 2024

Cyber-Physical System (CPS) Security As manufacturing, healthcare, and transportation industries become more digitized, the integration of cyber-physical systemslike smart grids, industrial control systems, and IoT devicesis growing. Ensuring visibility, control, and data protection across these environments will be paramount.

Cybersecurity 52

Cybersecurity Insurance Cyber Insurance Risk 52

Digital Shadows

NOVEMBER 26, 2024

The US, manufacturing sector, and professional, scientific, and technical services (PSTS) sector are primary targets amidst an overall increase in ransomware attacks. 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

Spinone

OCTOBER 13, 2020

Ransom payments are generally demanded in the form of untraceable cryptocurrency such as Bitcoin. This includes the Billtrust and German manufacturer, Pilz, ransomware infections. In fact, one report shows that business email compromises are 23% of cyber insurance claims. Ransoms demanded average $110,000 USD (50 BTC).

Ransomware 52

Ransomware Backups Data breaches Encryption 52