Security Affairs

FEBRUARY 8, 2024

26 key cyber security stats for 2024 that every user should know, from rising cyber crime rates to the impact of AI technolog y. Cyber Crime Surge: During COVID-19 , cyber crimes shot up by 600%, showing how threats adapt to global changes. Phishing Attacks: Phishing is the top cyber attack, causing 90% of data breaches.

Social Engineering 141

Social Engineering Cyber Attacks Cyber Insurance IoT 141

Malwarebytes

JULY 5, 2021

Other cybersecurity news.

Cyber Insurance 108

Cyber Insurance Social Engineering Scams Insurance 108

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: What role should governments play in combating cybercrime?

Cyber threats 203

Cyber threats Cyber Insurance Threat Detection Cybersecurity 203

Security Boulevard

MAY 12, 2022

Phishing attacks? What Is Not Covered Under Cyber Insurance? Cyber insurance will not cover the cost for security remediation, the purchase of new security technology, or any 3rd pen testing, auditing, or installation of any security products. Below is a list of adaptive controls needed for cyber insurance.

Cyber Insurance 105

Cyber Insurance Insurance Marketing Firewall 105

SecureList

NOVEMBER 9, 2022

The contributors include representatives from government institutions: H.E. Dr.Mohamed Al Kuwaiti (UAE Cyber Security Council) , and public organizations: Kubo Ma?ák Phishing attacks are going to become even more sophisticated, since a lot of basic tactics have already been tried this year, and businesses learned to repel those.

Cybersecurity 145

Cybersecurity Cyber Insurance Cybercrime IoT 145

Cisco Security

JANUARY 10, 2023

As a result of this, next year we could see CISOs tightening up the disclosure decision making process, focusing on quicker and greater clarity on breach impact, and even looking to include personal liability cover in cyber insurance contracts. Increasing demands from insurers. From Security Awareness to Culture Change.

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CISO Insurance Cyber Insurance Phishing 142

Security Boulevard

AUGUST 22, 2022

Even with ransomware costing billions of dollars in losses and cyber insurance claims, organizations are still impacted beyond the checkbook. Cyber incidents happen every day. Email phishing, brute force, and even employees leaving with a host of USB sticks, organizations face countless and often unreported cyber attacks.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Risk 98

Malwarebytes

MAY 2, 2022

Last week on Malwarebytes Labs: Why MITRE matters to SMBs Apple’s child safety features are coming to a Messages app near you Why software has so many vulnerabilities, with Tanya Janca: Lock and Code S03E09 Watch out for this SMS phish promising a tax refund Rogue ads phishing for cryptocurrency: Are you secure?

Cyber Insurance 79

Cyber Insurance Insurance Cryptocurrency Scams 79

Security Affairs

APRIL 24, 2022

T-Mobile confirms Lapsus$ had access its systems Are you using Java 15/16/17 or 18 in production? Patch them now!

Cyber Insurance 100

Cyber Insurance Spyware Firmware Hacking 100

Webroot

SEPTEMBER 24, 2024

In today’s world, both small businesses and everyday consumers face a growing number of cyber threats. From ransomware attacks to phishing scams, hackers are becoming more sophisticated. For consumers: Stay alert to potential phishing attacks or scams related to global events.

Cyber threats 112

Cyber threats Small Business Scams Cybercrime 112

BH Consulting

JULY 17, 2024

He added that IT professionals relying on strong passwords or the ability to spot phishing isn’t enough. Former European Commission vice president Viviane Reding said she intended the GDPR to protect people from large tech companies and Government overreach. The findings echo Coalition’s 2024 Cyber Claims report.

Cyber Insurance 69

Cyber Insurance Insurance Risk Marketing 69

Adam Levin

JULY 8, 2020

federal government to hijack and tamper with government domain name entries. A recent domain hijack of Japanese cryptocurrency exchange Coincheck.com was used to spoof the company in a spear-phishing campaign. Many of these faux-Zoom sites were used to distribute malware under the guise of links to online meetings.

Hacking 130

Hacking Retail Cyber Insurance Authentication 130

SC Magazine

JULY 13, 2021

The data supports a June Avanan report , which confirmed health care has been among the most targeted with phishing attacks during the first half of 2021, alongside the IT and manufacturing industries. The health care sector saw over 6,000 phishing emails out of an average of 451,792 emails. Another 20.7%

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Data breaches Insurance Healthcare Education 113

Adam Levin

MARCH 16, 2020

That is exponentially more expensive than other cyber events. Consider that the average cost for a ransomware attack against a business is about $4,400, and your run of the mill phishing incident weighs in at a much less hefty $500. So Isn’t BEC Just Another Form of Phishing? BEC has a home In the pantheon of ishings.

Scams 130

Scams Identity Theft Accountability Phishing 130

Duo's Security Blog

SEPTEMBER 1, 2023

Unlike passwords, passkeys are always strong and phishing resistant. government agencies like NIST provide guidelines, but implementation and use vary by vendor and organization. It’s also a requirement to get cyber insurance. Also, they’re designed to work with biometrics, providing high identity verification efficacy.

Passwords 133

Passwords Authentication Insurance Cyber Insurance 133

Security Affairs

JUNE 18, 2024

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. Developers author sophisticated ransomware variants and provide regular updates to ensure their efficacy.

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Ransomware Cryptocurrency Insurance Cybercrime 140

Cytelligence

JANUARY 14, 2020

More targeted ransomware – 2019 saw ransomware exploits getting highly targeted against specific businesses, as well as local government. Increasingly, phishing involves SMS texting attacks against mobiles or use of messaging on social media and gaming platforms.

Cybersecurity 65

Cybersecurity Cyber Insurance Insurance Ransomware 65

SecureWorld News

DECEMBER 7, 2022

As the world becomes increasingly reliant on technology, cybersecurity remains a top priority for individuals, businesses, and governments alike. Cyber insurance trends in 2023. If cyberattacks continue to rise, then the cyber insurance market will continue to evolve and change in order to meet the needs of policyholders.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Social Engineering 98

SecureWorld News

AUGUST 11, 2020

The story garnered local coverage and offered insights on possible attack vectors: "According to the city, a preliminary investigation shows the ransomware entered the city's network through a phishing scam or brute force, and looks like a random attack.". In these Florida cases, most of each ransom demand was paid by cyber insurance.

Ransomware 94

Ransomware Cyber Insurance Insurance Scams 94

eSecurity Planet

AUGUST 9, 2022

See the Top Governance, Risk and Compliance (GRC) Tools. Other industry standards too can have the force of “pseudo-law” – notably, the NIST Cybersecurity Framework, which federal regulators often apply to financial-services firms and government contractors. But those aren’t the only laws or regulations that affect IT security teams.

Data privacy 145

Data privacy Encryption Data breaches Insurance 145

Malwarebytes

FEBRUARY 3, 2023

The threat which was mentioned the most in responses to the survey was phishing. This is no surprise as phishing is often the prelude to more serious threats like ransomware, breaches, and BEC scams. Other worries were the rise in premium prices for cyber insurance, and the security implications of the rise in flexible working.

Scams 96

Scams Banking Cyber Insurance Cybercrime 96

SecureWorld News

OCTOBER 20, 2021

In the past, we have experienced, and in the future, we may again experience, data security incidents resulting from unauthorized access to our and our service providers’ systems and unauthorized acquisition of our data and our clients’ data including: inadvertent disclosure, misconfiguration of systems, phishing ransomware or malware attacks.

Cyber Risk 98

Cyber Risk Risk Insurance Cyber Insurance 98

Security Boulevard

JUNE 29, 2024

Powered by WormGPT and FraudGPT, hackers and scammers will continue to drive the cost of business higher as organizations pay more for cyber insurance. AI-Powered Email Phishing 91% of all cyberattacks start with email phishing. These data sets provide the specifics for hackers to adjust their phishing attacks.

Artificial Intelligence 72

Artificial Intelligence Engineering Cyber Insurance Phishing 72

BH Consulting

JUNE 22, 2021

Are there policies and procedures in place to ensure good governance of information security? Zurich claimed the ransomware was “a hostile or warlike action” by a government or foreign power, and therefore not covered. What’s more, cybersecurity insurance may not necessarily cover all breach-related costs.

Insurance 83

Insurance Cybersecurity Cyber Insurance Cyber Risk 83

SecureWorld News

MAY 5, 2023

Our team has handled several ransomware attacks by the Royal threat actor group, and each of those started with a callback phishing attack that exploited people, first, to gain initial access into the network, so it would not surprise me if that is what happened in this attack on the City of Dallas, as well.

Ransomware 98

Ransomware Cyber Risk Cyber Insurance Social Engineering 98

SecureWorld News

AUGUST 23, 2023

The 'it could never happen here' mentality disappears when data breaches, usually from phishing attacks, are literally happening everywhere, in every industry, to companies of all sizes. With proper access governance and application security controls, the potential risks for cyber breach or data loss is significantly reduced.

Cybersecurity 97

Cybersecurity Cyber Risk Risk Cyber Insurance 97

CyberSecurity Insiders

DECEMBER 18, 2022

In 2023, ‘knowing thy enemy’ in cyber will be more complicated than ever before – but it is critical that organizations remain aware of the realities of cyber risk and cease to focus on the ‘boogie man’ of the internet that features in sensationalist reporting. 3 – Crypto-jacking neglect gets dangerous.

Cybersecurity 125

Cybersecurity CISO Insurance Ransomware 125

Cytelligence

JANUARY 27, 2020

Threat actors attack tactics include the following: Phishing – using a phishing email the workstation is infected and access provided to the ransomware threat actors. The number of ransomware attacks increased in 2019 — but worse, 22 of those cyberattacks shut down a city, county and even state government computer systems.

Ransomware 53

Ransomware Cyber Insurance Insurance Encryption 53

Webroot

SEPTEMBER 27, 2024

In today’s world, both small businesses and everyday consumers face a growing number of cyber threats. From ransomware attacks to phishing scams, hackers are becoming more sophisticated. For consumers: Stay alert to potential phishing attacks or scams related to global events.

Cyber threats 59

Cyber threats Small Business Scams Cybercrime 59

Thales Cloud Protection & Licensing

JULY 21, 2022

Security breaches in this sector can be incredibly disruptive to society and are attracting considerable attention from governments and regulatory bodies around the world. This includes using easily guessed passwords and falling victim to phishing and socially engineered techniques such as business email compromise.

Cyber threats 71

Cyber threats Energy and Utilities Ransomware IoT 71

eSecurity Planet

FEBRUARY 16, 2021

Only 38% of state and local government employees are trained for ransomware prevention, and only 29% of small businesses have experience with ransomware ( IBM ). In 2019, the municipal government of New Orleans was forced to declare a state of emergency and paid over $7 million. Statistics.

Ransomware 97

Ransomware Backups Software Encryption 97

eSecurity Planet

JULY 8, 2022

It provides a way to centrally protect and govern data across multiple software-as-a-service (SaaS) applications. Unitrends includes ransomware detection, dark web monitoring for stolen credentials, and phishing defense tools. RPOs are measured in seconds. Key Differentiators. Golden snapshots can quickly recover data.

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Backups Ransomware Technology Marketing 142

SecureWorld News

APRIL 1, 2021

Furthermore, when an organisation has a cyber insurance policy, it might be able to claim the ransom back, which may encourage payment. That is an incredibly difficult situation to be put in, and one that is contributing to the problem. Further factors are likely to have played a part.

Ransomware 57

Ransomware Cyber Insurance Social Engineering Cybercrime 57

BH Consulting

JUNE 13, 2023

Finance fraud and phishing scams increase in Ireland, too Financial fraud and scams in Ireland have risen by 560 per cent in three years. Phishing frauds involving email, text messages and video were up by 417 per cent in the same time period. MORE UK NCSC calls on the cyber insurance market to become more sophisticated.

Social Engineering 52

Social Engineering Data breaches Scams Ransomware 52

NetSpi Executives

APRIL 27, 2024

Attackers guess the passwords easily, find them in open source code repositories, or collect them via phishing. Some can’t afford not to pay, and some are covered by cyber insurance. Should I get a ransomware cyber insurance policy? Many organizations have used cyber insurance to recover from ransomware attacks.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 52

SC Magazine

JUNE 14, 2021

Also anti-phishing. Sometimes they have the cyber insurance policy. One of the common policy suggestions that get floated about ransomware and other cyberattacks is that “first responders” should be required to notify the government if a threat veers on national security. So you can’t lie to them.

Ransomware 85

Ransomware Passwords VPN Cyber Insurance 85

Centraleyes

DECEMBER 16, 2024

We are seeing increased use of AI to automate attacks, including malware generation and phishing campaigns. Industries such as finance and government will likely begin exploring post-quantum cryptography to future-proof their systems. In 2025, more attention will be given to developing quantum-resistant encryption techniques.

Cybersecurity 52

Cybersecurity Insurance Cyber Insurance Risk 52