Remove Cyber Insurance Remove Healthcare Remove Social Engineering
article thumbnail

State of Cybersecurity in Canada 2025: Key Insights for InfoSec Leaders

SecureWorld News

Key findings: the cyber threat landscape in 2025 1. Ransomware and state-sponsored attacks continue to escalate Canada's critical sectorsincluding healthcare, energy, education, and retailhave become prime targets for cybercriminals. Leverage cyber insurance to mitigate financial risks associated with supply chain attacks.

InfoSec 74
article thumbnail

26 Cyber Security Stats Every User Should Be Aware Of in 2024

Security Affairs

Cyber Insurance: US cyber insurance premiums soared by 50% in 2022, reaching $7.2 Cyber Skills Gap: By 2025, there could be 3.5 million unfilled cyber security jobs, showing a big need for skilled professionals. Soaring Cyber Crime Costs: Cyber crime costs are expected to hit $10.5

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cybersecurity threats: what awaits us in 2023?

SecureList

Most probably more attacks on the education and healthcare sectors will occur plus targeted campaigns against industry leaders – especially those that hold critical information: sensitive data, top expertise, and latest technologies. Yet, in addition to cyber insurance, companies will need a designated DR or RR (Rolling Recovery) plan.

article thumbnail

The Ongoing Cyber Threat to Critical Infrastructure

Thales Cloud Protection & Licensing

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.

article thumbnail

5 Reasons Ransomware Is Now a 'Perfect Storm'

SecureWorld News

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.

article thumbnail

Ransomware Prevention, Detection, and Simulation

NetSpi Executives

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. Should I get a ransomware cyber insurance policy?

article thumbnail

The Surge of Double Extortion Ransomware Attacks

Pen Test

Provide cybersecurity awareness training to all personnel, enabling them to identify social engineering attacks and risky behavior. Identify cyber insurance policies and ensure they align to business needs regarding ransomware attacks and data leaks. Stress reporting suspicious activity. Seek adequate coverage.