Adam Levin

MARCH 16, 2020

That is exponentially more expensive than other cyber events. “The scam is frequently carried out when a subject compromises legitimate business email accounts through social engineering or computer intrusion techniques to conduct unauthorized transfers of funds.” It’s Time to Do Something.

Scams 130

Scams Identity Theft Accountability Phishing 130

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

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

eSecurity Planet

MARCH 17, 2023

These platforms make it possible for security teams to analyze consolidated threat feeds from various external alerts and log events. Examples of threatening traffic that IDPS solutions can combat include network intrusions, DDoS attacks, malware, and socially engineered attacks.

Network Security 120

Network Security Penetration Testing Firewall Software 120

Security Boulevard

JUNE 26, 2022

Hackers and cyber criminals also read the news. Many hacker groups will even approach social engineering to see if anyone in IT or SecOps knows if any layoffs are coming. That $3.29, even with cyber insurance, is still a significant hit to the organization’s bottom line. Culture of Security.

Information Security 98

Information Security Technology Marketing Data breaches 98

Hacker's King

OCTOBER 10, 2024

Cyber Insurance Partnerships Cyber insurance is becoming a must-have for businesses worldwide. Cybersecurity companies often partner with insurance firms to provide risk assessments and incident recovery services to clients.

Cybersecurity 52

Cybersecurity Cyber Insurance Insurance Penetration Testing 52

NetSpi Executives

APRIL 27, 2024

Ransomware, a definition Ransomware is a set of malware technologies, hacking techniques, and social engineering tactics that cybercriminals use to cause harm, breach data, and render data unusable. Ransomware attackers get into a network in many ways: Social engineering. Unpatched exploits.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

BH Consulting

JUNE 13, 2023

Almost three-quarters of breaches (74 per cent) involve the human element through error, social engineering, stolen credentials or misusing privileges. Half of all social engineering attacks involve ‘pretexting’, where criminals fabricate a story to trick the victim.

Social Engineering 52

Social Engineering Data breaches Scams Ransomware 52

Thales Cloud Protection & Licensing

JULY 21, 2022

However, this stance indicates a lack of understanding of the effects of all the parties involved, such as cyber insurance underwriters, incident response firms, government regulations, and ransomware attribution. For many organizations, paying the ransom can be less damaging than risking any additional impacts.

Cyber threats 71

Cyber threats Energy and Utilities Ransomware IoT 71

SecureWorld News

OCTOBER 19, 2023

Develop a cybersecurity incident response plan In the event of a cyberattack, organizations should have a plan in place to respond quickly and effectively. As cyber threats surge, the expenses associated with cyber insurance rise, adding to the financial strain. Many are facing multifaceted challenges.

Cybersecurity 107

Cybersecurity CISO Education Phishing 107

Security Boulevard

JANUARY 18, 2024

Attackers will leverage AI for more scalable and effective social engineering attacks, disinformation campaigns, vulnerability discovery, and exploit amplification. This will force CISOs into unfamiliar territory while still trying to manage the growing problems of managing the risk of loss due to cyber events.

Risk 115

Risk Cybersecurity CISO Technology 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. 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

Duo's Security Blog

JUNE 21, 2021

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. Don’t worry though, there's already an insurance policy for that. What is Cyber Liability Insurance?

Insurance 105

Insurance Cyber Insurance Data breaches Social Engineering 105

BH Consulting

SEPTEMBER 7, 2022

In the United States, a judge dismissed a claim against an insurance company that refused to pay extra for losses due to business email compromise. The company sought $600,000 to cover its losses but its social engineering fraud policy had a cap of $100,000. And the cyber insurance market keeps growing.

Insurance 40

Insurance Social Engineering Cyber Risk Cyber Insurance 40