Hacker's King

DECEMBER 24, 2024

Quantum Computing Threats While quantum computing offers immense potential, it also poses a serious risk to traditional encryption methods. Expansion of Cyber Insurance As cyberattacks grow in frequency and scale, the demand for cyber insurance will surge.

Cybersecurity 59

Cybersecurity Cyber Insurance IoT Insurance 59

Security Boulevard

OCTOBER 21, 2024

One tactic is to get cyber insurance companies to stop reimbursements for ransoms. Insurance does nothing to reduce attacks, as it is a mechanism to transfer risk. However, security and insurance companies are the first to cast doubt on any plans that may disrupt their revenue streams.

Ransomware 75

Ransomware Insurance Cyber Insurance Government 75

BH Consulting

FEBRUARY 24, 2025

At the end of January, police forces from eight countries took down two of the worlds largest cybercrime forums. Europol, which supported the forum takedowns, also published three reports : one, into the challenges in cybercrime and investigations involving digital evidence. But still, progress is progress.

Cyber Insurance 59

Cyber Insurance Insurance Ransomware Artificial Intelligence 59

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. He previously chronicled the emergence of cybercrime while covering Microsoft for USA TODAY.

Cyber threats 203

Cyber threats Cyber Insurance Threat Detection Cybersecurity 203

The Last Watchdog

AUGUST 1, 2023

This discovery, as well as the growing talk of macOS tools within underground cybercrime forums, suggests an imminent surge in cyberattacks against macOS users. Recently, Guardz identified an information stealing malware called ‘ ShadowVault , ’ which also exclusively targets macOS devices.

Malware 189

Malware Insurance Cyber Insurance Small Business 189

SecureList

NOVEMBER 9, 2022

The ongoing geopolitical storm brings not only classical cyberthreats for business, but also unpredictable risks and ‘black swans’ The main problem for 2023 will be supply-chain stability and cybersecurity. We can therefore expect that cybercrime groups from either block will feel safe to attack companies from the opposing side.

Cybersecurity 144

Cybersecurity Cyber Insurance Cybercrime IoT 144

Security Affairs

JUNE 18, 2024

Over the last few years, ransomware attacks have become one of the most prevalent and expensive forms of cybercrime. In some cases, attackers are even leveraging the threat of regulatory actions or causing cyber insurance policies to be rendered moot by reporting lapses in security on the part of the victim to regulators and insurers.

Ransomware 140

Ransomware Cryptocurrency Insurance Cybercrime 140

Security Boulevard

JANUARY 18, 2024

Cybersecurity risks increase every year and bludgeon victims who fail to prepare properly. For those interested in a better understanding of the oncoming risks, this is the information you are looking for. It can feel like crossing a major highway while blindfolded. Many never see the catastrophe about to happen, until it occurs.

Risk 115

Risk Cybersecurity CISO Technology 115

SecureWorld News

MARCH 28, 2024

It will allow corporations to simplify and deploy more effective cybersecurity programs," Seara stated, recommending companies "start with cyber risk quantification to prioritize risk mitigation projects." billion implementation cost from 2023-2033 "modest compared to the scale of cybercrime."

Cyber Insurance 113

Cyber Insurance Government Insurance Cyber Risk 113

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. For the most effective security awareness, culture is key. Don’t sleep on the impact of MFA Fatigue.

CISO 142

CISO Insurance Cyber Insurance Ransomware 142

Duo's Security Blog

OCTOBER 18, 2022

By this point, we’re all familiar with the list of requirements for a strong password: unique, long, memorable, free from any personal information… But even the strongest passwords can pose a risk if they’re the only thing standing between your users and enterprise content. trillion USD annually by 2025?

Insurance 64

Insurance Passwords Cyber Insurance Authentication 64

SecureWorld News

SEPTEMBER 23, 2021

His unique insights around cybersecurity-related topics shine a light on ransomware risk for organizations, government agencies, and the public. 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.".

Ransomware 96

Ransomware Cyber Insurance Insurance Government 96

Webroot

SEPTEMBER 7, 2023

Cybercrime is on the rise. billion to data breaches and cybercrime. billion to data breaches and cybercrime. This is all happening while companies are spending trillions digitizing their business operations and trying to obtain secure cyber insurance while keeping up with regulatory changes in GDPR, HIPAA, and Sarbanes-Oxley.

Encryption 125

Encryption Cyber Insurance Cybercrime Phishing 125

CyberSecurity Insiders

JUNE 22, 2023

Instead, the ransom pay can be covered from a cyber insurance policy, provided it is taken prior to the launch of the attack and covers the costs associated with the malware attack. Nope, says a renowned international bank from UK. They can provide guidance on how to proceed and may be able to assist in the investigation.

Ransomware 96

Ransomware Banking Cyber Insurance Insurance 96

Webroot

SEPTEMBER 24, 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 115

Cyber threats Small Business Scams Cybercrime 115

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. Ransomware attacks, in particular, pose a significant risk, though some sectors and regions are more vulnerable than others.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

SecureWorld News

OCTOBER 5, 2020

This was not about the cybercrime itself, but instead, the regulatory trouble your organization could face for facilitating ransomware payments. The Treasury Department says it declares certain ransomware gangs and cybercrime groups as sanctioned for their actions. Ransomware groups may be sanctioned; paying could be trouble.

Government 86

Government Ransomware Cyber Insurance Cybercrime 86

Security Boulevard

JULY 30, 2022

A company’s loss of control over its business practices may lead to various risks, which cybercrim­inals quickly exploit. However, deploying unproven artificial intelligence (AI) could result in unexpected outcomes, including a higher risk of cybercrime. Information Manipulation — Nothing Knew in Cybersecurity.

Cyber Attacks 110

Cyber Attacks Artificial Intelligence Education Cyber Insurance 110

SecureWorld News

AUGUST 23, 2023

This morning, Critical Start released its first ever Cyber Risk Landscape Peer Report , which explores some of the major concerns and challenges currently confronting cybersecurity leaders as they manage risk within their organizations. Here are some comments on the cyber risk landscape from cybersecurity vendor experts.

Cybersecurity 98

Cybersecurity Cyber Risk Risk Cyber Insurance 98

Malwarebytes

FEBRUARY 3, 2023

As the reports covering all of 2022 start trickling in, we can see that cybercrime and other types of fraud had a major impact last year. It showed that financials are at significantly higher risk than the average UK business. percent) reporting between 40 and 60 cyber security incidents in the last 12 months.

Scams 96

Scams Banking Cyber Insurance Cybercrime 96

SC Magazine

JULY 14, 2021

A new Cybereason survey found that more than four out of five respondents from various business sectors – some 81% – said they are “highly” or “very concerned” about the risk of ransomware attacks. In addition, having cyber insurance coverage in place does not guarantee an organization can recoup losses associated with a ransomware attack.

Ransomware 98

Ransomware Cyber Insurance Financial Services Retail 98

SC Magazine

JULY 13, 2021

Estimates show cybercrime will cause $6 trillion in global damages this year and is predicted to reach $10.5 Lastly, the report warns entities not to rely on cyber insurance as the rates have skyrocketed in response to the rise in ransomware attacks. trillion, by 2025, a 75% increase.

Data breaches 113

Data breaches Insurance Healthcare Education 113

SecureWorld News

MAY 5, 2023

Broadnax, who said he is optimistic that the risk is contained. Since City of Dallas' Information and Technology Services detected a cyber threat Wednesday morning, employees have been hard at work to contain the issue and ensure continued service to our residents," he said. Here's the Dallas Morning News' report on the incident.

Ransomware 98

Ransomware Cyber Risk Cyber Insurance Social Engineering 98

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. Organizations need to be aware of the risks and take steps to protect themselves, even if it means increasing their cybersecurity spending. Many are facing multifaceted challenges.

Cybersecurity 106

Cybersecurity CISO Education Phishing 106

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

Security Affairs

NOVEMBER 6, 2018

Based on the risk score, CryptoIns experts have calculated insurance rates for cryptocurrency exchange users who can now insure their accounts against cyber threats. It also takes into consideration the quality of the risk management systems, the availability of KYC/AML guidelines and independent ratings of the exchanges.

Insurance 93

Insurance Cryptocurrency Cyber threats Marketing 93

SecureWorld News

NOVEMBER 1, 2021

A compounding problem of this complexity is that the responsibility of managing these risks often falls to those with the least capabilities: individuals, small businesses, and local governments. RESOURCE] Listen to the recent SecureWorld podcast episode featuring U.S. Secret Service Assistant Director Jeremy Sheridan.

Cybersecurity 97

Cybersecurity Government Cyber Insurance Technology 97

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. Stay safe out there!

Ransomware 94

Ransomware Backups Education VPN 94

Herjavec Group

FEBRUARY 18, 2021

Enter a world where Cybercrime is now bigger than Drug Crime, globally costing Trillions in damages with new threat actors, new forms of malware, cybercriminals, hackers, cyberespionage by nation states and too many exploitable vulnerabilities to count. With this amazingly fast digital transformation, the rewards should outweigh the risks.

Digital transformation 81

Digital transformation Computers and Electronics Cyber Insurance Insurance 81

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

CyberSecurity Insiders

APRIL 30, 2021

Combating Ransomware – A Comprehensive Framework for Action provides 48 practical recommendations to curb the rampant spread of this increasingly destructive type of cybercrime. Ransomware is an international cybercrime that is multiplying in frequency and severity.

Ransomware 52

Ransomware Government Cyber Insurance Cybercrime 52

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

eSecurity Planet

FEBRUARY 16, 2021

Below we outline 18 industry tips for actions you can take to reduce your risk of a ransomware attack: Action. The next three actions: prioritize assets and evaluate traffic, microsegmentation, and adaptive monitoring are central steps of the zero trust architecture and greatly reduce your risks of an attack. Description. Description.

Ransomware 97

Ransomware Backups Software Encryption 97

BH Consulting

JUNE 13, 2023

Target the human, swipe the cash: Verizon DBIR 2023 highlights crime trends Manage the human risk and mind your money: those are two key takeaways from Verizon’s 2023 Data Breach Investigations Report. MORE UK NCSC calls on the cyber insurance market to become more sophisticated.

Social Engineering 52

Social Engineering Data breaches Scams Ransomware 52

CyberSecurity Insiders

NOVEMBER 13, 2021

Next year’s cyber budgets cannot be futureproofed against all forms of disruption, but there are trends business leaders should watch closely. A major one is the rising cost of cyber insurance – premiums are going up. What’s more, insurers are looking to reduce the risk they take on when they provide cyber policies.

Insurance 52

Insurance Cyber Insurance Marketing Cybercrime 52

SecureWorld News

APRIL 1, 2021

A storm made more severe by the pandemic, with so many employees working remotely, exacerbating the risk of ransomware. This is the first factor mentioned in the report and addresses how cybercrime groups might be more organized than you would think. Ransomware has been one of the hottest topics in cybersecurity during the last year.

Ransomware 57

Ransomware Cyber Insurance Social Engineering Cybercrime 57

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. Ransomware attacks, in particular, pose a significant risk, though some sectors and regions are more vulnerable than others.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52