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. The number one type of cyber incident so far this year is ransomware.

Cyber Insurance 55

Cyber Insurance Insurance Ransomware Cyber Attacks 55

The Last Watchdog

OCTOBER 5, 2023

Acohido to share his ideas about the current cyber threat landscape, the biggest threats for businesses today, the role of AI and machine learning in cyberattacks and cyberdefence, and the most effective methods for companies to protect themselves. Erin: What are some of the biggest cyber threats that businesses face today?

Cyber threats 203

Cyber threats Cyber Insurance Cybersecurity Threat Detection 203

Malwarebytes

APRIL 27, 2022

You’ve likely only seen cybercrime insurance primarily mentioned in relation to attacks on businesses. Most commonly, it’s cited with regard to ransomware attacks in the workplace, or associated data loss. Some folks think the mere presence of insurance simply encourages more attacks , and is hurting more than it’s helping.

Cyber Insurance 77

Cyber Insurance Insurance Backups Cryptocurrency 77

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

Webroot

SEPTEMBER 27, 2024

In today’s world, both small businesses and everyday consumers face a growing number of cyber threats. From ransomware attacks to phishing scams, hackers are becoming more sophisticated. OpenText’s 2024 Threat Hunter Perspective sheds light on what’s coming next and how to protect yourself.

Cyber threats 56

Cyber threats Small Business Scams Cybercrime 56

CSO Magazine

JANUARY 24, 2023

CSI), followed by data breaches (23%), ransomware (20%) and a breach at a third party (15%). It was cited by 29% of respondents in a survey by Computer Systems Inc.

Cyber threats 111

Cyber threats Identity Theft Cyber Insurance Insurance 111

SecureWorld News

NOVEMBER 12, 2020

Sometimes when you are down in the cyber attack trees defending your organization, it can be tough to see the cyber threat forest. Understanding how things are shifting in the forest, or overall threat landscape, can help us categorize, strategize, and prioritize our resources. What are the top cyber threats right now?

Cyber threats 108

Cyber threats Insurance Cyber Insurance Ransomware 108

SC Magazine

APRIL 23, 2021

Today’s columnist, Tom Richards of GroupSense, writes that the FBI reported a 400% increase in ransomware attacks during the height of the pandemic. And, because of this, cyber insurance companies using these scores rely on an inaccurate assessment of target-company risk. Does it truly reflect the security of the company?

Cyber Insurance 61

Cyber Insurance Insurance Risk Cyber Risk 61

Thales Cloud Protection & Licensing

JULY 21, 2022

The Ongoing Cyber Threat to Critical Infrastructure. With that in mind, Thales has launched the 2022 Thales Data Threat Report Critical Infrastructure Edition, which includes responses from 300 security leaders and practitioners within critical infrastructure organizations. The Threat of Ransomware.

Cyber threats 71

Cyber threats Energy and Utilities Ransomware IoT 71

CyberSecurity Insiders

DECEMBER 11, 2021

NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced it is partnering with leading cyber insurance companies to help businesses manage their risks online. As a result, some insurance companies have had to raise premiums to cover their costs.

Cyber Insurance 52

Cyber Insurance Insurance Cyber Risk Risk 52

CyberSecurity Insiders

JANUARY 6, 2023

2022 clearly demonstrated that attacks on data represent the greatest cyber-threat organizations face. By the time they adjust their processes, beef up their defenses, and add new layers of security, they find themselves battling more virulent ransomware strains and cyber-scams. Insurance Refusals and Rate Hikes.

Backups 136

Backups Ransomware Insurance Cyber Insurance 136

Security Affairs

FEBRUARY 8, 2024

Ransomware Attacks: In 2023, a whopping 72.7% of organizations faced ransomware. Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Market Growth: AI cyber security technology is projected to grow by 23.6% Shockingly, 96% of these attacks come through email.

Social Engineering 142

Social Engineering Cyber Attacks Cyber Insurance IoT 142

Cisco Security

JULY 11, 2022

No, Ransomware attacks are not random. From extortion to data breaches, ransomware is always evolving, and is becoming very lucrative with Ransomware-as-a-service kit making it easier to target organizations. 67 individual ransomware attacks on schools and colleges–a 19 percent decrease from 2020 (83) . What happened:

Ransomware 136

Ransomware Education Cyber Insurance Insurance 136

eSecurity Planet

APRIL 6, 2023

Ransomware is a type of malicious program, or malware, that encrypts files, documents and images on a computer or server so that users cannot access the data. Ransomware is the most feared cybersecurity threat and with good reason: Its ability to cripple organizations by locking their data is a threat like no other.

Ransomware 98

Ransomware Backups Encryption Cybersecurity 98

SecureWorld News

MAY 5, 2023

The City of Dallas, Texas, was forced to shut down police communications and IT systems on Monday morning, May 1, due to a suspected ransomware attack. Subsequently, the City has confirmed that a number of servers have been compromised with ransomware, impacting several functional areas, including the Dallas Police Department Website."

Ransomware 83

Ransomware Cyber Risk Cyber Insurance Social Engineering 83

SecureWorld News

MARCH 28, 2024

Department of Homeland Security (DHS) is set to implement long-awaited rules that will require critical infrastructure entities across multiple sectors to report cyber incidents and ransomware payments to the federal government.

Cyber Insurance 93

Cyber Insurance Government Insurance Cyber Risk 93

SecureWorld News

FEBRUARY 6, 2024

The incident disrupted operations so severely that the company reverted to manual ordering and processing as a containment measure—a response indicating ransomware, experts say. A recent SEC filing put Clorox's six-month cyber incident cost at a staggering $49 million.

Insurance 94

Insurance Cyber Insurance Cyber Risk Cyber threats 94

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. Economic burden versus national security threat. In the past, the government would not step in because ransomware was not a national security issue.

Ransomware 104

Ransomware Insurance Government Cryptocurrency 104

SecureWorld News

DECEMBER 7, 2022

From advancements in artificial intelligence (AI) to the continued evolution of ransomware and cyberattacks, the coming year is sure to bring significant developments in the world of cybersecurity. This will put even more pressure on businesses to find and hire the talent they need to protect themselves from cyber threats.

Cybersecurity 92

Cybersecurity Cyber Insurance Insurance Social Engineering 92

The Last Watchdog

SEPTEMBER 20, 2019

However, at this moment in history, two particularly worrisome types of cyber attacks are cycling up and hitting local government entities hard: ransomware sieges and election tampering. Related: Free tools that can help protect elections I had a deep discussion about this with Todd Weller, chief strategy officer at Bandura Cyber.

Ransomware 153

Ransomware Government Firewall Cyber Insurance 153

CyberSecurity Insiders

OCTOBER 24, 2022

The education sector is increasingly vulnerable to simple and sophisticated cyber threats, and higher learning is especially vulnerable. Here are a few prime examples of cyber-attacks in the education sector. Freshly on the heels of this cyber security nightmare, the Albuquerque school system was breached.

Education 58

Education Cyber Attacks Cyber Insurance Insurance 58

IT Security Guru

MAY 24, 2023

It helps to protect your organisation, workforce and clients from cyber-attacks. By doing this, you are reducing the chance of identity theft, data breaches, ransomware, and many other types of cyber threats. By doing this, you allow your team to have access to an efficient and inexpensive way of avoiding cyber threats.

Cybersecurity 43

Cybersecurity Cyber Insurance Cyber threats Identity Theft 43

SC Magazine

JUNE 30, 2021

Roughly three in four individuals assert that companies should not submit to the demands of ransomware gangs in the event are infected, says one survey report. said in response to a survey that they would support their district’s decision to pay up if a ransomware were to impact their schools. Kaspersky Lab in 2014. So which is it?

Ransomware 82

Ransomware Backups Cyber Insurance Media 82

Webroot

JUNE 2, 2022

The cyber threat landscape keeps evolving at lightning-speed. According to the latest 2022 BrightCloud® Threat Report , small to medium-sized businesses (SMBs) are particularly vulnerable to becoming a victim of a ransomware attack. Ransomware, malware and phishing threats keep evolving.

Threat Detection 107

Threat Detection Cyber Insurance Small Business Insurance 107

Malwarebytes

SEPTEMBER 30, 2022

Build a playbook for ransomware response and recovery. Take cyber insurance , for example. Cyber insurance can prevent local governments from having to pay huge out of pocket costs in the event that they’re hit with a cyberattack. Build a playbook for ransomware response and recovery. Partner up!

Government 58

Government Cybersecurity Cyber Insurance Insurance 58

CyberSecurity Insiders

JANUARY 10, 2023

Ransomware groups are here to stay, and AD is a huge attack vector they are exploiting in order to move laterally. I think we will see an increase in ransomware attacks/families and “professional ransomware,” as well as more widespread impacts. Zur Ulianitzky, VP Research. “In Tobi Traebing, Technical Director EMEA. “I

Cybersecurity 108

Cybersecurity Identity Theft Digital transformation Cyber Insurance 108

CyberSecurity Insiders

APRIL 19, 2021

Researchers who conducted the survey concluded after gauging six key cyber security areas related to people, technology and processes. Firms that qualified for the Hiscox Cyber Readiness model admitted that they suffered fewer ransomware attacks in 2019 when compares to the previous year.

Cyber Attacks 69

Cyber Attacks Cyber Insurance Insurance Cyber threats 69

CyberSecurity Insiders

DECEMBER 18, 2022

Persistent, widely available, lower-sophistication malware and run-of-the-mill phishing campaigns statistically remain a greater global risk to corporations than the newest, most devious exploit kit or ransomware typically associated with APT groups. 4 – Ransomware rushes to the cloud.

Cybersecurity 125

Cybersecurity CISO Insurance Ransomware 125

SecureWorld News

JANUARY 21, 2024

Nonprofits often juggle tight budgets and unique operational demands, making it even more difficult to keep sensitive information safe—but here's the thing: you don't need a fortune to build a strong defense against the possible cyber threats out there. Because of this, it's crucial to understand the types of threats nonprofits face.

Cybersecurity 92

Cybersecurity Backups Cyber threats Software 92

Security Boulevard

JULY 30, 2022

Given this fact, businesses should note the growing number of security issues and cyber threats. Ransomware, the attack on management consoles, and whale phishing continue to spread across new attack surfaces in organizations. In the case of ransomware, should the organization pay the ransom? Distortion or reality?

Cyber Attacks 110

Cyber Attacks Artificial Intelligence Education Cyber Insurance 110

SecureWorld News

MARCH 28, 2024

"Banks, and any financial company, are especially vulnerable to threats using AI because of the human nature of many financial transactions. Using AI, or deep fake technology, to trick individuals is ripe for vulnerabilities, making AI even more impactful for cyber threats and attacks."

Risk 78

Risk Artificial Intelligence Cybersecurity Financial Services 78

SecureWorld News

JULY 29, 2021

From his point of view, taking the training is about two things: the city's insurance policy and the city's constituents. While we are bound by the stipulations in our cyber insurance agreement, we also have a responsibility to protect the private information and data of citizens and companies that interact with the city.

Security Awareness 98

Security Awareness Mobile Insurance Cyber Insurance 98

NetSpi Executives

JANUARY 8, 2024

In case you missed it, Chubb, one of the leading publicly traded property and casualty insurance companies, announced an innovative collaboration with NetSPI to strengthen client cyber-risk profiles via enhanced attack surface management and penetration testing solutions. What is proactive security?

Cyber Insurance 64

Cyber Insurance Insurance Penetration Testing Cyber threats 64

SecureWorld News

OCTOBER 20, 2021

Especially because Accenture was hit with ransomware this year. On page 34 of the report, Accenture dives into the risk that cyber poses to the business. But how does Accenture explain these cyber threats to its connected way of doing business around the globe? L egal, reputational and financial risks?

Cyber Risk 82

Cyber Risk Risk Insurance Cyber Insurance 82

Malwarebytes

FEBRUARY 3, 2023

This is no surprise as phishing is often the prelude to more serious threats like ransomware, breaches, and BEC scams. Other worries were the rise in premium prices for cyber insurance, and the security implications of the rise in flexible working.

Scams 81

Scams Banking Cyber Insurance Cybercrime 81

McAfee

JUNE 17, 2021

Imagine if you had one place where you found a comprehensive real time security posture that tells you exactly where the looming current cyber risks are and the impact? Let’s consider a recent and relevant cyber threat. Ransomware doesn’t just cost money—or embarrassment—it can derail careers.

Penetration Testing 97

Penetration Testing CISO Risk Cyber Insurance 97

Duo's Security Blog

JUNE 21, 2021

The advancing ransomware business is a threat not just for the big guys, but for organizations of every size. According to Verizon’s most recent Data Breach Incident Report , instances of advanced ransomware have doubled in the past year, alongside major upticks in phishing attacks and social engineering.

Insurance 99

Insurance Cyber Insurance Data breaches Social Engineering 99