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Krispy Kreme Cyber Attack a Wake-Up Call for the Food Industry

SecureWorld News

The shift to digital experiences and customer service in industries that were historically only brick-and-mortar underscores how rapid digital transformation expands the attack surface for cybercriminals. All the new points of sale (POS) and customer touchpoints increase the access points that bad actors can exploit.

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The Financial Dynamics Behind Ransomware Attacks

Security Affairs

Over the last few years, ransomware attacks have become one of the most prevalent and expensive forms of cybercrime. Today, this tactic has evolved, where ransomware operators in nearly every case first exfiltrate sensitive data and then threaten to publicly expose it if a ransom demand is not paid.

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After Springhill: Assessing the Impact of Ransomware Lawsuits

eSecurity Planet

A lawsuit working its way through the courts could have a lot to say about the liabilities facing organizations that have been hit by ransomware attacks – and could have implications for cybersecurity preparation and regulation in general. Hospital’s Operations Hit by Ransomware. ” Cyber Insurance No Longer Reliable.

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These are the 15 Top Cyber Threats Now

SecureWorld News

Ransomware. Cyber Espionage. So that is the top 15 list of cyber threats according to the European Union. We can't look at all of these categories, but let's talk about the number one cyber attack threat of malware. Researchers also found that file-less ransomware skyrocketed and that trend makes sense.

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MY TAKE: Poorly protected local government networks cast shadow on midterm elections

The Last Watchdog

In March 2018, the city of Atlanta fell victim to a ransomware attack that shut down its computer network. State and local governments are not immune to the digital transformation so their dependence on IT is as high as it’s ever been,” says Ananth. City agencies were unable to collect payment. Years of data disappeared.

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Has ESG Become aWake-Up Call for Cybersecurity?

Security Boulevard

Even with ransomware costing billions of dollars in losses and cyber insurance claims, organizations are still impacted beyond the checkbook. These attacks have driven the cost of cyber insurance premiums higher. Cyber insurance has become more critical to organizations to help offset the risk to the company.

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XM Cyber’s Cybersecurity Predictions for 2023

CyberSecurity Insiders

It doesn’t matter how good their cyber hygiene, endpoint protection or event analytics are. 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.