BH Consulting

JULY 17, 2024

He added that IT professionals relying on strong passwords or the ability to spot phishing isn’t enough. Cyber insurance: whisper it, but it seems to be working Cyber insurance premiums have dropped by 15 per cent compared to their peak in 2022. The findings echo Coalition’s 2024 Cyber Claims report.

Cyber Insurance 69

Cyber Insurance Insurance Risk Marketing 69

eSecurity Planet

OCTOBER 5, 2021

Paying for internal assessments and penetration tests by a third party can provide fresh thinking and a level of assurance for stakeholders such as customers, the board of directors, and the insurance company that wrote our cyber insurance policy. Is the attack small enough that we do not need to file a cyber insurance claim?

Ransomware 132

Ransomware Backups Insurance Cyber Insurance 132

eSecurity Planet

AUGUST 9, 2022

Healthcare Data Privacy Laws. Luria said the increasingly common practice in highly regulated industries (such as financial services and healthcare) is to create and implement their own customized database solutions and tie them to their particularized IT compliance requirements. Health data and patient data in the U.S.

Data privacy 145

Data privacy Encryption Data breaches Insurance 145

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

eSecurity Planet

FEBRUARY 16, 2021

A ransomware attack is about as bad as a cyber attack can get. It can shut down your business – in the case of healthcare organizations that can be life-threatening for patients – damage your reputation with customers and employees, and invite further attacks as cybercriminals view your organization as an easy mark. Ransomware facts.

Ransomware 97

Ransomware Backups Software Encryption 97

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

Centraleyes

DECEMBER 16, 2024

Current cybersecurity trends show that attackers are now targeting critical infrastructure, healthcare, and financial services, leading to massive disruptions. We are seeing increased use of AI to automate attacks, including malware generation and phishing campaigns.

Cybersecurity 52

Cybersecurity Insurance Cyber Insurance Risk 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

eSecurity Planet

APRIL 6, 2023

Whether deployed by ransomware groups or individuals via ransomware as a service (RaaS) , the most common method of ransomware deployment is a phishing email. Cyber criminals have learned that it is not only businesses that make soft targets for the attacks. There are several methods of delivering ransomware attacks.

Ransomware 98

Ransomware Backups Encryption Malware 98

Centraleyes

APRIL 9, 2024

The top five countries and regions for the highest average cost of a cyber security breach in 2023 were as follows: the US ($9.4 Uneven Impact on Industries The healthcare sector bears the heaviest burden, with an average cloud data breach cost of $10.10 million), the Middle East ($8.07 million), Canada ($5.13 million), Germany ($4.67

Data breaches 52

Data breaches Cyber Insurance Insurance Ransomware 52

Spinone

OCTOBER 13, 2020

Implement good email phishing/SPAM filtering to help filter out obvious malicious SPAM emails with infected links, attachments, and other files. There is no question that ransomware found in SPAM/phishing emails are one of the main threat vectors for a ransomware infection.

Ransomware 52

Ransomware Backups Data breaches Encryption 52

Malwarebytes

JULY 11, 2022

The post A week in security (July 4 – July 10) appeared first on Malwarebytes Labs.

Cyber Insurance 96

Cyber Insurance Insurance Spyware Healthcare 96

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

SC Magazine

MARCH 29, 2021

Traditionally that has meant phishing lures, credential theft and other low-effort pathways, but some observers point to episodes like the recent weaponization of the Microsoft Exchange vulnerabilities by multiple ransomware groups and worry that attacks at the application software level could become a more attractive option in the near future.

Software 120

Software Hacking Government Cyber Insurance 120

Jane Frankland

JANUARY 12, 2025

Sectors like energy, healthcare, transportation, utilities, and financial systems are increasingly at risk because they are integral to national security and daily life. An insider unknowingly clicking a phishing link or downloading a malicious file could leave the door wide open for attackers.

Cybersecurity 130

Cybersecurity CISO Insurance IoT 130

The Last Watchdog

DECEMBER 15, 2024

Cunningham John Paul Cunningham , CISO, Silverfort Identity-based attacks in 2024, like those on Microsoft and Snowflake, are prompting insurers to intensify scrutiny in 2025. MFA attacks, leveraging phishing and session hijacking, are set to rise. Many businesses were forced to shut down operations post-attack.

Cybersecurity 290

Cybersecurity Cyber threats CISO Energy and Utilities 290

eSecurity Planet

JUNE 1, 2021

Agency for International Development (USAID) to launch phishing campaigns against a broad array of targets. Now the group is back with the USAID phishing campaign. “Attackers know this and are creating phishing campaigns to take advantage of the mobile interface that makes it hard to spot a malicious message.

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Phishing Mobile Government Cybersecurity 72