eSecurity Planet

MAY 27, 2021

The explosion of ransomware and similar cyber incidents along with rising associated costs is convincing a growing number of insurance companies to raise the premiums on their cyber insurance policies or reduce coverage, moves that could further squeeze organizations under siege from hackers. In addition, the U.S.

Cyber Insurance 128

Cyber Insurance Insurance Cyber Attacks Ransomware 128

The Last Watchdog

AUGUST 25, 2020

All year now they’ve been stepping up cyber attacks that leverage and/or exploit the notoriety of the global pandemic in one way or another. For instance, ransomware has bedeviled companies for the past three years, with a recent surge of attacks pivoting off ruses that leverage Covid19 concerns. I’ll keep watch.

Cyber Risk 182

Cyber Risk Software Risk Cloud Migration 182

SecureWorld News

NOVEMBER 29, 2023

Ardent Health Services, a Nashville-based healthcare provider, fell victim to a ransomware attack on Thanksgiving Day morning, November 23, that disrupted its IT operations and forced hospitals to divert emergency room patients to other facilities.

Cyber Attacks 108

Cyber Attacks Healthcare Ransomware Technology 108

The Security Ledger

JUNE 24, 2021

A coordinated cyber attack on U.S. How likely is such an attack? I case you’ve been living under a rock for the last year, let’s review: attacks on critical infrastructure are a thing. First the Colonial Pipeline and then meat processor JBS were hobbled – temporarily – by criminal ransomware.

Cyber Risk 52

Cyber Risk Risk Cyber Attacks Ransomware 52

IT Security Guru

JUNE 17, 2024

Reports suggest annual revenues from ransomware attacks are already in the tens of billions, while some predict ransomware damage costs will exceed $265 billion by 2031. Reports suggest annual revenues from ransomware attacks are already in the tens of billions, while some predict ransomware damage costs will exceed $265 billion by 2031.

Ransomware 123

Ransomware Insurance Risk Backups 123

SecureWorld News

APRIL 12, 2021

Federal Reserve Chairman Statement on Cyber Risk. There are cyber attacks every day on, on all major institutions. And we're increasingly hearing from security leaders on the SecureWorld conference stage, that their organizations' are finally understanding that cyberrisk is business risk.

Cyber Risk 97

Cyber Risk Risk CISO Cyber Attacks 97

The Security Ledger

MAY 8, 2022

A cyber attack has disrupted the operations of AGCO/Fendt, a major manufacturer of agricultural equipment, the company has acknowledged. The post Cyber Attack Halts Production at Ag Equipment Maker AGCO Fendt appeared first on The Security Ledger with Paul F. Cyber attacks on agriculture on the rise.

Cyber Attacks 40

Cyber Attacks Manufacturing Cyber Risk Ransomware 40

The Security Ledger

MAY 3, 2022

The bad news: those same remote access features could be used to launch crippling, large scale attacks on US farms. The post Feel Good Ukraine Tractor Story Highlights Ag Cyber Risk appeared first on The Security Ledger with Paul F. Jim Langevin on Cyber Policy in an Age of Political Polarization. The bad news?

Cyber Risk 40

Cyber Risk Risk Cyber Attacks Manufacturing 40

CyberSecurity Insiders

AUGUST 17, 2022

However, that IT department often does not have the investment it requires, so holes in their security leave them vulnerable to attacks — from viruses to hackers to phishing. These attacks often begin with an email with links or attachments that seem benign but give the hacker access to a single system followed by the network.

Government 109

Government Cyber Attacks Backups Risk 109

Hacker Combat

JUNE 2, 2022

ransomware to conduct the cyber-attack, the hackers threaten to expose stolen files unless the company pays a ransom. The ransomware gang demanded over $34 million in bitcoin to be paid as ransom. How to Recognize a Ransomware Attack. How to Prevent Ransomware Attacks. using the LockBit 2.0

Ransomware 132

Ransomware Manufacturing Antivirus Cyber Risk 132

The Security Ledger

AUGUST 7, 2024

The FBI will host an event exploring agricultural cyber risks in Omaha, Nebraska amid growing concerns of cyber attacks on US agriculture as farms embrace precision agriculture. The post At Nebraska Event, FBI Calls Out Cyber Threats To Agriculture appeared first on The Security Ledger with Paul F.

Cyber threats 52

Cyber threats CSO Cyber Attacks Cyber Risk 52

CyberSecurity Insiders

JANUARY 11, 2023

Although such automated tools help to cut down cyber risks, they also create complex visibility hiccups because of a shortage for the trained workforce. Latest attack on Classification Society DNV software stands as a best example.

Software 126

Software Cyber Attacks Cyber Risk Ransomware 126

SecureWorld News

AUGUST 25, 2021

Ransomware. Ransomware. Ransomware. How am I protecting my organization from an attack? As ransomware attacks have spiked in the last year, a common theme for many organizations is that the attack was the result of failed cybersecurity. IT security perspectives on ransomware attacks.

Ransomware 84

Ransomware Insurance Cyber Risk Cyber Insurance 84

SecureWorld News

DECEMBER 6, 2023

Governor Hochul recently announced New York's first-ever statewide cybersecurity strategy aimed at protecting the State's digital infrastructure from today's cyber threats. This proactive approach will undoubtedly strengthen patient trust and confidence in New York's healthcare system. "We

Cyber Attacks 84

Cyber Attacks Healthcare Computers and Electronics Financial Services 84

Security Affairs

NOVEMBER 14, 2022

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. The size of the cyber risk to companies cannot be underestimated.

Cyber Risk 143

Cyber Risk Insurance Cyber Attacks Risk 143

Jane Frankland

OCTOBER 25, 2024

A scenario where you could face any looming cyber crisis knowing that you’d emerge unscathed. As ITDMs, CISOs and cyber risk owners this is our dream scenario, and he got me thinking. This is a common misconception that has caught many ITDMs, CISOs and cyber risk owners out.

Cyber Risk 130

Cyber Risk CISO Cyber threats Risk 130

Security Affairs

APRIL 11, 2021

Fitch Ratings published an alert last week to warn of the “material risk” to water and sewer utilities caused by cyber attacks that could also impact their ability to repay debt. The expenses to mitigate a cyber-attack could impact the ability of the utilities of paying their debt. ” concludes the alert.

Risk 130

Risk Cyber Risk Cyber Attacks Government 130

CyberSecurity Insiders

SEPTEMBER 16, 2022

The report that was compiled after taking the response of over 400 cloud engineers and security analysts concluded that their cloud platforms suffered a variety of attacks in the past 12 months and that includes incidents related to ransomware, crypto mining malware attacks, infiltrations and breaches.

Accountability 137

Accountability Cyber Attacks Cyber Risk Data breaches 137

Joseph Steinberg

JANUARY 18, 2024

When it comes to cybersecurity the same is true – you need a cyber security if you want to competently address cyber risk. Today, cyber attacks can not only cause financial disasters, they can literally kill people. As time passes, cyber risks continue to grow, and the need for such external advisors does the same.

Cybersecurity 268

Cybersecurity Computers and Electronics Cyber Risk Risk 268

The Security Ledger

JULY 22, 2020

In this Spotlight podcast* we’re joined by Andrew Jaquith, the CISO at QOMPLX to talk about how the COVID pandemic is highlighting longstanding problems with cyber risk management and cyber resilience. Ransomware’s Dangerous Rise. Andy is an amazing resource on all matters cyber security.

CISO 52

CISO Cyber Risk Ransomware Risk 52

Security Affairs

OCTOBER 13, 2024

CISA adds Windows and Qualcomm bugs to its Known Exploited Vulnerabilities catalog Three new Ivanti CSA zero-day actively exploited in attacks Ukrainian national pleads guilty in U.S. Every week the best security articles from Security Affairs are free in your email box.

Data breaches 118

Data breaches Cryptocurrency Artificial Intelligence Cybercrime 118

The Last Watchdog

MAY 12, 2021

A new report from Sophos dissects how hackers spent two weeks roaming far-and-wide through the modern network of a large enterprise getting into a prime position to carry out what could’ve been a devasting ransomware attack. A surge in ProxyLogon attacks spiked in February and March and has yet to fully abate.

Ransomware 153

Ransomware Hacking Firewall Digital transformation 153

IT Security Guru

FEBRUARY 28, 2023

Their loss ratios – total claims plus the insurer’s costs, divided by total premiums earned – are now consistently above 60%, which presents something of an existential threat to the insurance industry, making cyber risk a potentially uninsurable area due to falling profitability.

Cyber Insurance 114

Cyber Insurance Insurance Marketing Cyber Risk 114

The Security Ledger

MARCH 19, 2019

Global aluminum manufacturer Norsk Hydro was hit with an alleged ransomware attack Tuesday. The attack is having a major impact on the company's global business and production. The post Norsk Hydro Hit with ‘Severe’ LockerGoga Ransomware Attack appeared first on The Security Ledger.

Ransomware 40

Ransomware Manufacturing Cyber Risk IoT 40

Thales Cloud Protection & Licensing

MAY 10, 2022

With businesses becoming more and more digitized, they are exposed to greater cyber risks. And while organizations are taking steps to protect against cyber attacks, cybersecurity controls are not impenetrable. Cyber risk insurance covers the costs of recovering from a security breach, a virus, or a cyber-attack.

Cyber Insurance 77

Cyber Insurance Insurance Cyber Risk Cyber Attacks 77

CyberSecurity Insiders

MARCH 15, 2021

As per the researchers, most of the healthcare related data breaches happened because of ransomware that accounted for over 54.95 percent of attacks. percent ransomware breaches, Maze followed the path with over 6.17 While RYUK topped the list with over 8.64 percent breaches on a respective note.

Cybersecurity 80

Cybersecurity Healthcare Data breaches Cyber Attacks 80

The Security Ledger

OCTOBER 18, 2021

The post Episode 228: CISA’s Eric Goldstein on being Everyone’s Friend in Cyber. Related Stories Spotlight: When Ransomware Comes Calling Episode 227: What’s Fueling Cyber Attacks on Agriculture ? Read the whole entry. » » Click the icon below to listen. CISA: A Different Kind of Agency. As the U.S.

Government 98

Government Cyber Risk Cybersecurity CISO 98

Security Affairs

JUNE 11, 2023

Experts found new MOVEit Transfer SQL Injection flaws The University of Manchester suffered a cyber attack and suspects a data breach Russians charged with hacking Mt.

Social Engineering 98

Social Engineering Data breaches Ransomware Cybercrime 98

The Security Ledger

MAY 15, 2021

Intel 471 CISO Brandon Hoffman joins us to to discuss Darkside, the ransomware group that attacked the Colonial Pipeline, why the crew may have bitten off more than it can chew and what the attack says about the state of America's Critical Infrastructure. Do Cities deserve Federal Disaster Aid after Cyber Attacks?

Ransomware 52

Ransomware CISO Government Cyber Risk 52

The Security Ledger

JUNE 20, 2022

The post Episode 239: Power shifts from Russia to China in the Cyber Underground appeared first on The. Related Stories Feel Good Ukraine Tractor Story Highlights Ag Cyber Risk Episode 238: Robots Are The Next Frontier In Healthcare Cyber Risk Episode 236: Cyberwar Takes A Back Seat In Ukraine (For Now).

Cyber Risk 98

Cyber Risk Government Healthcare Hacking 98

The Security Ledger

MAY 16, 2024

In this Spotlight Podcast, host Paul Roberts talks with Chris Walcutt, the CSO of DirectDefense about the rising cyber threats facing operational technology (OT) and how organizations that manage OT - including critical infrastructure owners can best manage increased cyber risks to OT environments. Read the whole entry. »

CSO 59

CSO Risk Energy and Utilities Social Engineering 59

Security Affairs

MARCH 27, 2019

Norwegian aluminum giant Norsk Hydro estimates more than $40 million losses in the first week following the ransomware attack that disrupted its operations. The news of the cyber attack had an immediate economic impact and caused a drop in the share price of 2.0 SecurityAffairs – Norsk Hydro, ransomware).

Insurance 109

Insurance Cyber Attacks Ransomware Advertising 109

Cytelligence

AUGUST 8, 2023

Understanding the cost of cybersecurity breaches is crucial for small business owners to highlight the importance of a cybersecurity audit and the role of ransomware services in safeguarding their operations and reputation. Cyber attackers find small businesses an attractive target for several reasons.

Small Business 52

Small Business Cybersecurity Cyber threats Ransomware 52

SC Magazine

MAY 24, 2021

Overall, insurance companies seem to be responding to increased demand from clients for cyber-specific insurance, and one survey found that the two things most likely to spur a purchase of cyber insurance are when a business experiences a cyber attack and when they hear about other companies being hit by a cyber attack.

Cyber Insurance 94

Cyber Insurance Insurance Marketing Cyber Risk 94

BH Consulting

JULY 13, 2023

The 51-page report goes into detail on the threat landscape, risks to key sectors and supply chain risks. The Irish Independent reported that the Government also plans to set up a national anti-ransomware organisation. MORE This Map from Orange tracks the growth of ransomware gangs since 2015.

Cyber Risk 52

Cyber Risk Artificial Intelligence Risk Cyber Attacks 52

Joseph Steinberg

JANUARY 19, 2024

When it comes to cybersecurity the same is true – you need a cyber security if you want to competently address cyber risk. Today, cyber attacks can not only cause financial disasters, they can literally kill people. As time passes, cyber risks continue to grow, and the need for such external advisors does the same.

Cybersecurity 100

Cybersecurity Computers and Electronics Cyber Risk Risk 100

CyberSecurity Insiders

DECEMBER 6, 2021

Like years past, 2021 revealed more of the same for the cybersecurity industry—more breaches, bigger ransomware attacks, higher stakes. These attacks received global attention and spotlighted the need for even more attention on cybersecurity best practices. Be ready for ransomware.

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Cybersecurity Ransomware Security Awareness Technology 105