Security Boulevard

JUNE 23, 2021

Ransomware has become an industry unto itself, crippling organizations around the world. Some attacks, such as the recent ones perpetrated against the Colonial Pipeline , JBS, and Acer, are discovered quickly. Ransomware-As-A-Service (RaaS): A Lucrative Business Model. . Living Off the Land. . Outsourcing Exploits.

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Ransomware Financial Services Malware Software 130

CyberSecurity Insiders

APRIL 4, 2023

The latest iteration of this is the collapse of Silicon Valley Bank (SVB) and the resulting banking crisis, which has presented an opportunity for attackers to spoof highly sensitive communication, for example seeking to intercept legitimate communication instructing recipients to update bank details for payroll.

Cyber Attacks 119

Cyber Attacks Social Engineering Scams Phishing 119

Security Affairs

APRIL 8, 2020

On March 21, the Maze ransomware operators published some of the stolen files on their “leak site,” after the refusal of the research firm of paying the ransom. “On Saturday 14 March 2020, HMR was subjected to a targeted and sophisticated attack by cyber criminals. . “We have no intention of paying.

Ransomware 133

Ransomware Data breaches Healthcare Advertising 133

SecureWorld News

DECEMBER 6, 2023

Having experienced NYDFS's stringency first-hand in regards to regulation for financial services, this comes as no surprise," Krista Arndt , CISO at United Musculoskeletal Partners, wrote in a LinkedIn post on December 5. "I

Cyber Attacks 107

Cyber Attacks Healthcare Computers and Electronics Financial Services 107

Thales Cloud Protection & Licensing

AUGUST 31, 2022

Financial services continue to lead in cybersecurity preparedness, but chinks appear in the armor. It highlights the leadership of financial services in cybersecurity relative to other industries, but it also uncovers some surprising chinks in their cybersecurity armor. Malware and ransomware attacks increase.

Financial Services 62

Financial Services Cybersecurity Computers and Electronics Banking 62

Security Affairs

DECEMBER 26, 2023

Key trends: 1️ Increased Ransomware Activity Targeting Public Companies Ransomware groups are poised to intensify their focus on publicly-traded organizations. Follow me on Twitter: @securityaffairs and Facebook and Mastodon Pierluigi Paganini ( SecurityAffairs – hacking, 2024 Cyber Threat Landscape Forecast)

Cyber threats 138

Cyber threats Energy and Utilities Artificial Intelligence Cyber Attacks 138

The Last Watchdog

SEPTEMBER 7, 2022

The internet has drawn comparisons to the Wild West, making ransomware the digital incarnation of a hold-up. Related: It’s all about ‘ attack surface management ‘ However, today’s perpetrator isn’t standing in front of you brandishing a weapon. A typical attack. Ransomware usually starts with a phishing email.

Ransomware 124

Ransomware Education Financial Services Phishing 124

SecureWorld News

NOVEMBER 10, 2023

The Industrial and Commercial Bank of China (ICBC), recognized as the world's largest commercial bank, has fallen victim to a ransomware attack. The incident, which unfolded on November 8, 2023, has sent ripples through the global financial community, emphasizing the escalating cyber threats faced by even the most robust institutions.

Banking 108

Banking Ransomware Marketing Financial Services 108

The Last Watchdog

DECEMBER 21, 2021

Some 11,800 computer software companies, 10,000 IT services vendors, 5,500 health care organizations and 3,200 financial services firms continue to maintain on-premises Exchange email servers, according to this report from Enlyft. At the moment, ransomware attacks are front and center. Power source fails.

Marketing 222

Marketing Financial Services Ransomware Software 222

Digital Shadows

JANUARY 22, 2025

Phishing Remains Top Tactic, Fueled by Teams Abuse Figure 1: Top attack techniques in true-positive customer incidents for finance & insurance sector, H2 2024 vs H2 2023 Phishing dominated cyber attacks in H2 2024, accounting for over 90% of incidents across industries due to its simplicity and effectiveness.

Insurance 64

Insurance Phishing Social Engineering Engineering 64

The Last Watchdog

DECEMBER 6, 2022

Cyber attacks continue to grow in sophistication, and ransomware attacks are only the tip of the iceberg. Compromised credentials represent the most usual way attackers penetrate networks. These inefficiencies can open the gate to cyber attacks. That simply is not tolerable, going forward.

Authentication 203

Authentication Healthcare Artificial Intelligence Passwords 203

Security Boulevard

NOVEMBER 30, 2023

Rampant Ransomware Attacks On November 8, 2023, U.S. Eastern Time, ICBC Financial Services (FS), the U.S. arm of China’s largest bank, fell victim to a ransomware attack, disrupting certain systems. a global network and cyber security leader, protects enterprises and carriers from advanced cyber attacks.

Ransomware 69

Ransomware Financial Services Cyber Attacks Banking 69

Security Boulevard

JUNE 20, 2024

The financial sector is a prime target for cyber attacks. Financial organizations and their customers and clients feel the fallout of major ransomware and phishing campaigns more than ever, and there’s often more at stake. With the number of cyber threats on the rise, no sector is truly safe from serious fallout.

Cyber Attacks 69

Cyber Attacks DNS Phishing Cyber threats 69

SecureWorld News

SEPTEMBER 22, 2021

Cybersecurity professionals have long been discussing the role of cryptocurrency in the rise of ransomware attacks. Virtual currency is easy to transfer across country borders, making it the currency of choice for most ransomware gangs. counter-ransomware initiative. Cost of ransomware in the United States.

Ransomware 85

Ransomware Cryptocurrency Cyber Attacks Government 85

eSecurity Planet

FEBRUARY 16, 2021

The internet is fraught with peril these days, but nothing strikes more fear into users and IT security pros than the threat of ransomware. A ransomware attack is about as bad as a cyber attack can get. Jump to: What is ransomware? How ransomware works. Preventing ransomware. Ransomware types.

Ransomware 97

Ransomware Backups Software Encryption 97

SecureWorld News

SEPTEMBER 10, 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. The number one type of cyber incident so far this year is ransomware. And the most popular attack vector was phishing.

Cyber Insurance 68

Cyber Insurance Insurance Ransomware Cyber Attacks 68

eSecurity Planet

NOVEMBER 17, 2022

Speakers at last week’s MITRE ResilienCyCon conference had a surprisingly candid message for attendees: You will likely be breached at some point so focus on the controls and response capabilities your organization needs to survive a cyber attack. Also read : Is the Answer to Vulnerabilities Patch Management as a Service?

Backups 135

Backups CISO Encryption Ransomware 135

Security Affairs

MARCH 14, 2024

The ransomware attack that hit the systems of Nissan Oceania in December 2023 impacted roughly 100,000 individuals. Nissan Oceania, the regional division of the multinational carmaker, announced in December 2023 that it had suffered a cyber attack and launched an investigation into the incident.

Data breaches 130

Data breaches Identity Theft Financial Services Cybercrime 130

Joseph Steinberg

AUGUST 5, 2021

First-party insurance, therefore, typically covers the costs of actions needed after a data breach, extortion, ransomware attack, or other hacker malfeasance. First-party insurers may also pay ransomware ransoms, for the costs of notifying customers of a data breach, and for lost business during incident-related downtime.

Insurance 141

Insurance Risk Data breaches Artificial Intelligence 141

Security Affairs

JULY 8, 2021

The American multinational investment bank and financial services firm Morgan Stanley discloses a data breach caused by the hack of an Accellion FTA server of a third-party vendor. The attackers exfiltrate sensitive data from the target systems and then published it on the CLOP ransomware gang’s leak site.

Data breaches 131

Data breaches Hacking Banking Financial Services 131

Responsible Cyber

NOVEMBER 17, 2024

Image Source: AI Generated Recent data breaches have exposed sensitive information from millions of customers across healthcare, financial services, and technology sectors. UnitedHealth Group Change Healthcare Incident The February 2024 ransomware attack on Change Healthcare emerged as the largest healthcare data breach in U.S.

Data breaches 98

Data breaches Healthcare Social Engineering Financial Services 98

CyberSecurity Insiders

JUNE 25, 2022

Financial institutions could “clear” these by matching tokens with the original payment cards in highly secure back-end environments. This design was so secure and successful that it became, and remains, the gold standard of how the financial services industry protects its most sensitive data. What about encryption? We will see.

Ransomware 102

Ransomware Encryption Architecture Risk 102

CyberSecurity Insiders

NOVEMBER 29, 2022

Cyber attacks and breaches continue to rise with no end in sight. With this increased spending the attacks continue at an exponential rate. According to Check Point by mid-year cyber attacks have risen 42% globally. Ransomware. During 2022 over 65% of organizations expected security budgets to expand.

Phishing 134

Phishing Mobile Ransomware Technology 134

Security Boulevard

AUGUST 31, 2021

This week, the SEC sanctioned eight firms, including Cetera Financial Group, Cambridge Investment Research and KMS Financial Services, for deficient cybersecurity policies and procedures, which resulted in the exposure of their clients’ personal information.

Risk 115

Risk Data breaches Healthcare Financial Services 115

Security Boulevard

SEPTEMBER 29, 2021

Downtime: The Real Cost Of Ransomware. Ransoms are just one portion of the total cost of a ransomware attack. Modern-day ransomware attacks are vastly different from the malware attacks from the past. Since 2016, more than 4,000 ransomware attacks have happened daily. Wed, 09/29/2021 - 10:01.

Ransomware 59

Ransomware Backups Architecture Cyber Attacks 59

Security Affairs

SEPTEMBER 1, 2023

Here is how the NSA-developed cyber monster works, and how you should defend against it. EternalBlue is a Windows exploit created by the US National Security Agency (NSA) and used in the 2017 WannaCry ransomware attack. These data packets can contain malware such as a trojan, ransomware, or similar dangerous program.

Social Engineering 131

Social Engineering Penetration Testing Engineering Malware 131

Security Boulevard

OCTOBER 27, 2021

How CIOs Can Protect Data Against Ransomware Attacks in 2022. Here are 4 ways to protect your organization’s most precious asset—data—against the ransomware pandemic. Ransomware has become one of the most dangerous and high-profile problems facing CIOs and CISOs worldwide. Wed, 10/27/2021 - 08:34. Hims Pawar.

Ransomware 59

Ransomware Backups Mobile InfoSec 59

Herjavec Group

SEPTEMBER 16, 2020

It’s shouldn’t be surprising to hear that the healthcare industry is suffering from a variety of cyber ailments. Ransomware. Ransomware damage costs will grow 57X from 2015 to 2021, according to a report from Cybersecurity Ventures. During that same time frame, attacks on hospitals are expected to quadruple.

Healthcare 40

Healthcare Ransomware Cybersecurity CISO 40

DoublePulsar

DECEMBER 3, 2023

What it means — CitrixBleed ransomware group woes grow as over 60 credit unions, hospitals, financial services and more breached in US. This Fedcomp platform was not patched for CitrixBleed, as no Netscaler patches had been applied since May 2023: [link] A ransomware group gained entry to Trellance via Ongoing Operations.

Ransomware 104

Ransomware Cybersecurity Healthcare Government 104

Security Boulevard

SEPTEMBER 26, 2022

Cyber attacks like the one that crippled Yahoo! s external site were not recently reissued, allowing cyber attackers to have ongoing access to encrypted communications. Download the Venafi as a Service Data Sheet and Try a FREE 30 Day Trial. . After Conti Ransomware Group Attacks Costa Rica, U.S.

Data breaches 69

Data breaches Cyber Attacks Digital transformation Encryption 69

SecureWorld News

APRIL 17, 2023

A thorough process should include industry-specific evaluations such as the use and protection of an OT network in manufacturing or the volume of regulated records (PII, PHI or other) processed by the organizations in sectors such as healthcare or financial services.

Cyber Insurance 116

Cyber Insurance Insurance Risk CISO 116

SecureWorld News

JUNE 17, 2021

CISA highlights the following 16 sectors: • Chemical • Communications • Commercial Facilities • Critical Manufacturing • Dams • Defense • Emergency Services • Energy • Financial Services • Food and Agriculture • Government • Healthcare • Information Technology • Nuclear • Transportation • Water. So what is Putin saying?

Hacking 98

Hacking Ransomware Media Internet 98

Security Boulevard

JUNE 26, 2023

Unfortunately, the increasing reliance on digital systems and capabilities has also attracted an ever-growing number of malicious actors seeking to defraud businesses through phishing , social engineering , or ransomware attacks. The end result of these types of cyber attacks are often highly public and damaging data breaches.

Data breaches 52

Data breaches Healthcare Telecommunications Financial Services 52

SecureWorld News

OCTOBER 26, 2023

The Cyber Express provided more details in an Oct. The same report claimed that there has been an increase in ransomware attacks and a whopping 350% hike in ransom demands on these companies in the past one year. Our findings show that while maritime cyber security has improved, the industry remains an easy target.

Hacking 104

Hacking Energy and Utilities Identity Theft Healthcare 104

eSecurity Planet

AUGUST 22, 2023

Cyber attacks happen to almost all organizations; limiting their damage is critically important. A CRM at a large financial services company might have an RTO of 15 minutes, while a storage archive for cold data may have an RTO of 12-24 hours. Also read: Network Protection: How to Secure a Network 2.

Data breaches 98

Data breaches Big data Penetration Testing Cyber Attacks 98

CyberSecurity Insiders

DECEMBER 15, 2021

With this, organizations across the globe can benefit from NetApp ONTAP’s robust security capabilities to protect customers’ information on-premises and in remote locations from foreign actors, ransomware attacks or other data loss threats they may face. A cybersecurity program led by the U.S. Additional Resources: About NetApp.

Encryption 52

Encryption Energy and Utilities Digital transformation Software 52

eSecurity Planet

JANUARY 11, 2022

Most traditional tools used for investigating cyber attacks cannot assess potential impacts on these environments. Read more: Application Security is Key to Stopping Ransomware, Vendor Says. Endpoint Security and Protection Against Ransomware. Best Cloud Security Startups. Series A Isovalent 2017 Mountain View, CA 48 $29.0

Cybersecurity 142

Cybersecurity Threat Detection Artificial Intelligence Risk 142