SecureWorld News

MAY 26, 2021

New research reveals that a record number of organizations are buying cyber insurance policies as a tool for protecting themselves against cyber risk. However, the cost for those policies is rising dramatically as cyber insurance premiums soar up to 30% vs. the previous year. cyber insurance market.

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Thales Cloud Protection & Licensing

MAY 10, 2022

Checklist for Getting Cyber Insurance Coverage. As cyber criminals mature and advance their tactics, small and medium businesses become the most vulnerable because they lack the capacity – staff, technology, budget - to build strong cyber defenses. The necessity for cyber-insurance coverage.

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eSecurity Planet

JULY 12, 2022

The first signs of the ransomware attack at data storage vendor Spectra Logic were reports from a number of IT staffers about little things going wrong at the beginning of the day. Screens then started to display a ransom demand, which said files had been encrypted by the NetWalker ransomware virus. Cyber Insurer Provides Help.

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CyberSecurity Insiders

JULY 29, 2022

Hive Ransomware group has reportedly locked down a school from digital access and is demanding £500,000 to free up data from encryption. What’s surprising about the incident is that the Hive Group has details that Wootton Educational Trust is covered under a cyber insurance and so is demanding the authorities to pay up huge i.e., £500,000.

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CyberSecurity Insiders

JUNE 23, 2021

In conjunction with #RansomwareWeek, today (ISC)² announced that its popular Professional Development Institute (PDI) course titled “ Ransomware: Identify, Protect, Detect, Recover ,” is now free to the public through July 31, 2021. Join the ransomware discussion in the (ISC) 2 Community.

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Hacker's King

DECEMBER 24, 2024

Expansion of Cyber Insurance As cyberattacks grow in frequency and scale, the demand for cyber insurance will surge. In 2025, insurers will refine their policies to cover new threats such as ransomware and supply chain attacks, providing businesses with financial safeguards against cyber losses.

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Duo's Security Blog

OCTOBER 18, 2021

One area where campuses have been collaborating recently are changes around cyber liability insurance for higher education, an opportunity for campus cybersecurity teams to combine forces with their risk management team. Higher education campuses in the U.S.

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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. The cyberattack occurred during the pandemic when most educational institutions had suddenly shifted to remote learning.

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Malwarebytes

NOVEMBER 15, 2023

This article is based on research by Marcelo Rivero, Malwarebytes’ ransomware specialist, who monitors information published by ransomware gangs on their Dark Web sites. This provides the best overall picture of ransomware activity, but the true number of attacks is far higher.

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SecureWorld News

AUGUST 21, 2020

Now you can add a ransomware attack to the list of disruptions the University is juggling. What are details of the University of Utah ransomware attack? Hackers and cybercriminals have evolved the way they use ransomware in cyberattacks. The University just shared what happened, and when, regarding the cyberattack.

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CyberSecurity Insiders

JANUARY 6, 2023

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. But not insurance companies. That fallacy is dawning on more and more IT and security personnel.

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BH Consulting

FEBRUARY 24, 2025

Cybercriminals felt the heat from law enforcement last year, while ransomware payments fell. Intel471 has a detailed analysis of other significant law enforcement operations in 2024, including against the LockBit ransomware gang and multiple malware droppers. But still, progress is progress.

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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. Remember, prevention is key when it comes to ransomware attacks. Nope, says a renowned international bank from UK.

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Digital Shadows

JANUARY 14, 2025

Key Findings The last quarter of 2024 proved to be a pivotal period for ransomware activity, marked by emerging threats and unexpected shifts among established groups. Ransomware Activity Hits All-Time High in December Ransomware attacks have been climbing steadily over the past few years, despite some temporary dips along the way.

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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.

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CyberSecurity Insiders

JUNE 24, 2021

The International Information System Security Certification Consortium (ISC)², has made an official announcement that its Professional Development Institute(PDI) Courses related to ransomware: Identity, protect, defend and recover will be available for free of cost until July 31st this year.

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CyberSecurity Insiders

JULY 19, 2021

Nearly three weeks after (ISC)² made its highly popular Professional Development Institute (PDI) course titled “ Ransomware: Identify, Protect, Detect, Recover ,” free to the public through July 31, 2021, more than 4,500 professionals have enrolled in the course. To register for the free (ISC)² ransomware course visit [link].

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CyberSecurity Insiders

OCTOBER 20, 2021

Okumu lived through the ransomware attack on the City of Baltimore in 2018, which affected 90% of the municipality’s applications. As the then-director of IT infrastructure for the city, he learned a lot of valuable lessons about defending against and recovering from a ransomware attack. It had started sometime between 4 a.m.

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CyberSecurity Insiders

MAY 6, 2021

French multinational Insurance Company AXA has publicly announced that it will not issue any reimbursements for the victims of Ransomware attacks in France. Axa’s statement says that they don’t pay and will never pay for cyber crimes involving ransomware as per the sentence issued by prosecutor Johanna Brousse.

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Digital Shadows

OCTOBER 14, 2024

Key Points Ransomware activity grew by 2.3% In the short term, we expect a gradual increase in ransomware incidents, peaking by Q4 2024. In the long term, we anticipate a greater use of large language models (LLMs) in ransomware negotiations and a rise in exfiltration-only attacks. lower than in Q3 2023. compared to Q3 2023.

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Security Boulevard

JUNE 2, 2022

Ransomware attacks increased by yet another 80% between February 2021 and March 2022, based on an analysis of ransomware payloads seen across the Zscaler cloud. Supply chain attacks, ransomware-as-a-service ecosystems, and multi-extortion tactics have all increased the volume and success rates of attacks. PYSA/Mespinoza.

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The Last Watchdog

OCTOBER 5, 2023

Erin: What are some of the biggest cyber threats that businesses face today? Byron: The economic impact of phishing, ransomware, business logic hacking, Business Email Compromise (BEC) and Distributed Denial of Service (DDoS) attacks continues to be devastating. Erin: How has the ransomware threat evolved in recent years?

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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. Special Educational Needs (SEN) data. 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.

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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.

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SecureList

NOVEMBER 9, 2022

Supply-chain will become more of a sweet spot for targeted ransomware and state-sponsored espionage campaigns. Businesses will still be mostly concerned with ransomware. will lead more people to poverty, which always translates to increased criminality (cyber or otherwise), and we know ransomware to be extremely profitable.

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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. In the past, the government would not step in because ransomware was not a national security issue. But few solutions have been formally put onto the table.

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CyberSecurity Insiders

JUNE 22, 2021

Today we’re linking you up with eight episodes from the award-winning (ISC)² webinar program that touch on ransomware and cover the key components surrounding the state of cybersecurity threats. Anatomy of a Targeted Industrial Ransomware Attack. Ransomware-New variants and Better Tactics to Defend and Defeat These Threats.

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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. Cyber insurance trends in 2023. Fostering workforce security education at all levels reduces risk.

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Security Boulevard

JULY 30, 2022

Thankfully, with the passing of the FERPA — The Family Educational Rights and Privacy Act (FERPA) is a federal law that affords parents the right to have access to their children’s education records, the right to seek to have the records amended, and the right to have some control over the disclosure of personally identifiable information.

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Digital Shadows

NOVEMBER 26, 2024

Despite a slowdown in “LockBit” ransomware activity due to law enforcement actions and a loss of affiliate trust, it remains a key player. Meanwhile, “RansomHub” is rising rapidly due to its attractive ransomware-as-a-service (RaaS) model. Despite the importance of employee training, sometimes it just isn’t enough.

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SC Magazine

JUNE 15, 2021

WestRock was hit by a ransomware attack in January. In a May 5 earnings call for WestRock, Wall Street analysts got a rundown of losses resulting from a ransomware attack that hit the corrugated packaging company in January. And that did not factor in $20 million paid in ransomware recovery costs. We’re a 250-year-old company.

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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.

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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?

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NetSpi Executives

APRIL 27, 2024

Table of Contents What is ransomware? Ransomware trends Ransomware prevention Ransomware detection Ransomware simulation Ransomware security terms How NetSPI can help What is ransomware? Ransomware adversaries hold the data hostage until a victim pays the ransom. How does ransomware work?

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SC Magazine

JULY 13, 2021

Avanan researchers predict these attacks will continue to surge throughout the year, with the education and health care sectors the most likely to be the hardest hit. Lastly, the report warns entities not to rely on cyber insurance as the rates have skyrocketed in response to the rise in ransomware attacks.

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SecureWorld News

DECEMBER 2, 2020

issued an unusually detailed statement to investors about the cyberattack, its decision to pay the ransom and next moves by the online education provider. What happened in this K12 ransomware attack. What happened in this ransomware attack? Which of the ransomware gangs or groups hit K12 Inc and its network in this cyber attack?

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SecureWorld News

SEPTEMBER 14, 2021

2020 saw a record number of cyberattacks—and threats for school, university, and other educational institutes are growing each day. The school district’s cyber insurance provided free credit monitoring, but many parents were still puzzled by how to report the problem and what steps they should take next to protect their children.

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