Cisco Security

JANUARY 10, 2023

As the majority of the global Covid fog finally started lifting in 2022, other events – and their associated risks – started to fill the headspace of C-level execs the world over. Increasing demands from insurers. Here are the topics that I think will be top of mind in 2023, and what CISOs can do to prepare. CISO in the firing line.

CISO 142

CISO Insurance Cyber Insurance Phishing 142

SecureWorld News

SEPTEMBER 23, 2021

This ranges from Secret Service agents discussing elements of cyber hygiene with those they protect to tracking down cybercrime fugitives. Cyber defense is about test, test, test.". Familiarize yourself and your organization with cyber insurance. Cyberattacks now fall into its jurisdiction.

Ransomware 96

Ransomware Cyber Insurance Insurance Government 96

Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. This demonstrates how threat actors are willing to exploit even the most sensitive of events for malicious purposes.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

SecureWorld News

MAY 5, 2023

Frequent SecureWorld speaker and PLUS Course instructor Shawn Tuma , Co-Chair of the Data Privacy and Cybersecurity Practice at Spencer Fane, LLP, gives this commentary on the situation in Dallas: "This is a horrible event that will surely impact the lives of many people, and unfortunately it has become a fact of life in today's times.

Ransomware 98

Ransomware Cyber Risk Cyber Insurance Social Engineering 98

Webroot

SEPTEMBER 27, 2024

Nation-states are teaming up with cybercrime gangs Cybercrime is no longer just about lone hackers. Now, nation-states like Russia and China are working with organized cybercrime groups to launch highly targeted attacks on businesses, governments, and even individuals. When in doubt, verify the source before clicking.

Cyber threats 59

Cyber threats Small Business Scams Cybercrime 59

Adam Levin

MARCH 16, 2020

That is exponentially more expensive than other cyber events. The loss of time, worker focus and business opportunities can be catastrophic is the aftermath of an attack, and is yet another reason no company should be without a robust cyber insurance policy in place. billion in BEC scam-related losses the year before.

Scams 130

Scams Identity Theft Accountability Phishing 130

SecureWorld News

DECEMBER 2, 2020

We carry insurance, including cyber insurance, which we believe to be commensurate with our size and the nature of our operations. Which of the ransomware gangs or groups hit K12 Inc and its network in this cyber attack? In fact, Ransomware became the number one type of cyber attack claim insurers dealt with in 2020.

Insurance 63

Insurance Cyber Insurance Ransomware Backups 63

SecureWorld News

OCTOBER 19, 2023

Increased risk of cyberattacks The rising cost of living can lead to an increase in cybercrime, as people become more desperate to make money. Develop a cybersecurity incident response plan In the event of a cyberattack, organizations should have a plan in place to respond quickly and effectively. million from victims in 2022."

Cybersecurity 106

Cybersecurity CISO Education Phishing 106

Malwarebytes

JANUARY 15, 2023

The real world impact of cybercrime rears its head once more, with word that 14 schools in the UK have been caught out by ransomware. As we’ve seen recently, cyber insurance is no guarantee of avoiding a ransomware pitfall either with refusal of payout being decided in a court of law. ” Take the initiative.

Ransomware 95

Ransomware Backups Education VPN 95

Thales Cloud Protection & Licensing

AUGUST 11, 2021

Successful attacks against high-profile organizations propel this cybercrime model the most. Ransomware incidents covered by cyber insurance policies. Insurance is a valid and efficient tool mitigating the risks of encryption posed by your system's exposure to malware.

Ransomware 71

Ransomware Insurance Encryption Cyber Insurance 71

BH Consulting

JUNE 13, 2023

Verizon points out that cybercrime risk crosses all sectors regardless of industry vertical, but it provides 10 sectoral snapshots to help readers understand the threats in more depth. It said it’s unclear whether the HSE is liable to pay compensation for alleged “non-material damage” from the event.

Social Engineering 52

Social Engineering Data breaches Scams DDOS 52

eSecurity Planet

FEBRUARY 16, 2021

In the event of a successful breach, your team must be ready to restore systems and data recovery. The Ryuk ransomware family spawned in 2018 from a sophisticated Russia-based cybercrime group. A cloud access security broker (CASB) can help manage policy enforcement for your organization’s cloud infrastructure. Rapid Response Testing.

Ransomware 97

Ransomware Backups Software Encryption 97

Digital Shadows

NOVEMBER 26, 2024

Initial Access Broker (IAB) activity increased by 16% during the reporting period, heavily targeting US-based organizations due to perceived financial capability from cyber insurance. This demonstrates how threat actors are willing to exploit even the most sensitive of events for malicious purposes.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

Security Boulevard

JANUARY 18, 2024

The SEC 4-day rule of notification for material cybersecurity events will force transparency for investment and leadership, driving more executive and board-level focus on cybersecurity deliverables to avoid or minimize losses. News coverage of cybersecurity incidents will be timelier and provide a detailed analysis of winners and losers.

Risk 115

Risk Cybersecurity CISO Technology 115

Spinone

OCTOBER 13, 2020

Global Averages for a Data Breach The following statistics are cited in IBM’s Cost of a Data Breach Report 2019 as the global averages for a data breach event. It has been noted that paying a ransom demand only encourages this type of cybercrime and funds it. Should You Pay the Ransom?

Ransomware 52

Ransomware Backups Data breaches Encryption 52

SC Magazine

MAY 13, 2021

Last year a friend was preparing for a cybersecurity roundtable and asked me a thought-provoking question: What “black swan” event will make the world take stock of cybersecurity as an existential risk to the world? Every year, cyber events nudge up the digital risk level and we’ve become desensitized to the increasing temperature.

Energy and Utilities 64

Energy and Utilities Ransomware Cyber Insurance Risk 64

The Last Watchdog

DECEMBER 15, 2024

Revelations linked Chinese intelligence to contractors, Russian GRU officers to data destruction, and Iranian APTs to cybercrime collaboration. treats ransomware as state-sponsored terrorism, countermeasures could become far more aggressive, reshaping the fight against cyber threats. If the U.S.

Cybersecurity 290

Cybersecurity Cyber threats CISO Energy and Utilities 290

Krebs on Security

MARCH 2, 2023

cyber interests. The document points to the 2021 takedown of the Emotet botnet — a cybercrime machine that was heavily used by multiple Russian ransomware groups — as a model for this activity, but says those disruptive operations need to happen faster and more often. When the Bush administration released the first U.S.

Cybersecurity 280

Cybersecurity Insurance Cyber Insurance Government 280