Duo's Security Blog

OCTOBER 18, 2022

By this point, we’re all familiar with the list of requirements for a strong password: unique, long, memorable, free from any personal information… But even the strongest passwords can pose a risk if they’re the only thing standing between your users and enterprise content. trillion USD annually by 2025?

Insurance 64

Insurance Passwords Cyber Insurance Authentication 64

CyberSecurity Insiders

MARCH 25, 2021

Email services are being used strategically by hackers to conduct email attacks by impersonating individuals or criminals to steal vital information like passwords. And sometimes cyber criminals are using email services to trick employees into making fraudulently large financial transfers via new business deals or contracts.

Cyber threats 128

Cyber threats Cyber Insurance Insurance Cyber Risk 128

SecureWorld News

APRIL 23, 2025

Apart from the usual security awareness, which must focus on how the actual technology does not provide multiple error messages the users must restart their authentication, trigger a password reset, and change account security questions, when flooded with requests, no matter how bothersome they are.

Ransomware 101

Ransomware CISO Backups Risk 101

Malwarebytes

JULY 5, 2021

Other cybersecurity news.

Cyber Insurance 108

Cyber Insurance Social Engineering Scams Insurance 108

SecureWorld News

AUGUST 21, 2020

The end result was hefty payment: "After careful consideration, the university decided to work with its cyber insurance provider to pay a fee to the ransomware attacker. It had cyber insurance: "The university’s cyber insurance policy paid part of the ransom, and the university covered the remainder.

Ransomware 98

Ransomware Cyber Insurance Insurance Backups 98

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

Malwarebytes

MARCH 10, 2021

This threat comes from old passwords taken from password dumps—which have probably long since changed—which could lend some believed credibility to the threat. This quickly became a mess of arguments over paying the ransom , and the world of cyber insurance and whether it would actually insure against these types of attacks.

Ransomware 128

Ransomware Insurance Cyber Insurance Social Engineering 128

Security Affairs

FEBRUARY 8, 2024

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. As a precaution, they revoked all security certificates and passwords for their web portal.

Social Engineering 141

Social Engineering Cyber Attacks Cyber Insurance IoT 141

Webroot

SEPTEMBER 24, 2024

Use strong, unique passwords : Weak or reused passwords are an easy way in for cybercriminals. Use a password manager to create and store strong passwords. This ensures that even if a hacker gets your password, they can’t access your account without a second step.

Cyber threats 114

Cyber threats Small Business Scams Cybercrime 114

Duo's Security Blog

NOVEMBER 19, 2024

The merits of MFA have been so widely accepted that governments recommend it, cyber insurance providers often require it, and companies like Microsoft and Google are now mandating MFA for a variety of login use cases. However, the rise of MFA has come with a correlated challenge: authentication fatigue.

Authentication 111

Authentication Cyber Insurance Insurance Passwords 111

Hacker Combat

JULY 31, 2020

Passwords go unchanged for years because they’re easy to remember. Carry Cyber Insurance. This makes carrying a cyber insurance policy with a reputable carrier a good idea. Compromised, reused and weak passwords are responsible for 81 percent of hacking related breaches. ABU — Always Be Updating.

Cybersecurity 69

Cybersecurity Cyber Insurance Insurance Data breaches 69

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. Nope, says a renowned international bank from UK. Enhance security measures: Strengthen your security measures to prevent future attacks.

Ransomware 96

Ransomware Banking Cyber Insurance Insurance 96

Malwarebytes

SEPTEMBER 14, 2022

"You roll a device quickly, you enroll a device—that's something they have, which is usually a smartphone—something they know, which is a password—and then you enforce password minimum.” Bonus: Cyber insurance. Without cyber insurance, you can expect to pay a dizzying amount of cash.

Technology 77

Technology DNS Cyber Insurance Insurance 77

SecureWorld News

DECEMBER 7, 2022

Cyber insurance trends in 2023. As the three previous trends discussed how certain aspects of the cybersecurity industry will continue to grow in 2023, expect the same from the cyber insurance market.

Cybersecurity 98

Cybersecurity Cyber Insurance Insurance Social Engineering 98

Adam Levin

JULY 8, 2020

It should include an inventory of who can access registrar accounts, implementation of two-factor authentication, and password hygiene checks. Whether your company is international or a regional operation, the time to invest in a cybersecurity audit was yesterday.

Hacking 130

Hacking Retail Cyber Insurance Authentication 130

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. For instance, disable password-saving in web browsers via Group Policy Management to prevent credential theft.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

eSecurity Planet

MARCH 17, 2023

Third-Party Risk Management Product Guide Best Third-Party Risk Management (TPRM) Tools Password Management Password management software is designed to securely store individual user, team, and organizational credentials in a centralized, encrypted password vault.

Network Security 120

Network Security Penetration Testing Firewall Software 120

CyberSecurity Insiders

OCTOBER 26, 2022

From a budgetary standpoint, ransom payments and cyber insurance premiums have continued to rise over time. All employees should also be encouraged to “say something if they see something” when it comes to unexpected password or network access alerts, apparent phishing emails, and other suspicious activity.

Ransomware 120

Ransomware Cyber Insurance Insurance Cyber Attacks 120

CyberSecurity Insiders

JANUARY 10, 2023

Attackers will rely less and less on CVEs, instead using identity theft, passwords, and misconfigurations to enter and move within networks. The post XM Cyber’s Cybersecurity Predictions for 2023 appeared first on Cybersecurity Insiders. Shay Siksik, VP Customer Experience. Zur Ulianitzky, VP Research.

Cybersecurity 108

Cybersecurity Identity Theft Cyber Insurance IoT 108

Malwarebytes

OCTOBER 19, 2022

There is no need for criminals to jimmy a lock if they can steal a key, and the keys to your kingdom are your users’ passwords. In theory , putting those keys out of reach is easy: You just need all your users to choose strong, unique passwords for every account they use, all the time. Can your EDR handle a ransomware attack?

Passwords 84

Passwords Ransomware Backups Cyber Insurance 84

CyberSecurity Insiders

OCTOBER 24, 2022

In July, poor password hygiene led to another ransomware attack. The group known as LockBit is notorious for sending email attachments to trick gullible workers into providing access or passwords to access systems before capturing data and holding it hostage. . Cyber insurance. Whitworth University compromised.

Education 58

Education Cyber Attacks Cyber Insurance Insurance 58

Malwarebytes

JUNE 14, 2021

BleepingComputer claimed they received an anonymous tip purporting to be from the FBI, containing a password and a link to a password-protected ZIP file. These are the three files in the ZIP file. which came directly from the Avaddon ransomware group. They contain the decryption keys, (Source: BleepingComputer).

Ransomware 86

Ransomware Insurance DDOS Healthcare 86

Malwarebytes

SEPTEMBER 30, 2022

Take cyber insurance , for example. Cyber insurance can prevent local governments from having to pay huge out of pocket costs in the event that they’re hit with a cyberattack. Prohibit use of known/fixed/default passwords and credentials. Baltimore learned this the hard way. (An

Government 66

Government Cybersecurity Cyber Insurance Insurance 66

SecureWorld News

JANUARY 21, 2024

The costs of recovering from such incidents, especially for smaller organizations without cyber insurance, can be devastating. Having basic cyber hygiene Advanced technology is important, but basics like regular data backups, software updates, strong password policies, and multi-factor authentication are fundamental.

Cybersecurity 104

Cybersecurity Backups Cyber threats Software 104

Digital Shadows

JANUARY 14, 2025

We advise customers incorporate the following Automated Response Playbooks into their incident response plans for a more robust and efficient defense strategy: Terminate Active Sessions and Reset Passwords: Ransomware operators abuse stolen credentials to move laterally, gaining access to high-value data.

Ransomware 126

Ransomware Social Engineering Phishing VPN 126

Webroot

OCTOBER 14, 2022

As a result, many organizations are shifting away from cyber insurance and adopting layered defenses in an effort to achieve cyber resilience. The post Discover 2022’s Nastiest Malware appeared first on Webroot Blog.

Malware 78

Malware Antivirus DDOS Cyber Insurance 78

Troy Hunt

MARCH 2, 2020

These were companies spanning all sorts of different industries; big tech, general infosec, antivirus, hosting, finance, e-commerce, cyber insurance - I could go on. The point is the net was cast very wide. We whittled the original 141 companies down to the 43 that were best aligned to the goals I outlined in the original blog post.

Data breaches 361

Data breaches Marketing Cyber Insurance InfoSec 361

Malwarebytes

DECEMBER 20, 2022

Law enforcement, cyber insurance (if you have it), external security contractors may well be some of the first entities on your list. Make sure you set those passwords in the first place, and limit the rate that individuals can keep trying to log in before being locked out.

Ransomware 94

Ransomware Backups Cyber Insurance Encryption 94

SecureWorld News

JUNE 18, 2020

We have this much data and this much information, it has customer data, employee data, we have everybody's passwords. We have engaged a third party capable of safely evaluating information posted on malicious websites to advise us with respect to the content of the information posted.".

Ransomware 61

Ransomware Insurance Cyber Insurance Manufacturing 61

Centraleyes

JUNE 11, 2024

Implement MFA solutions combining multiple authentication factors, such as passwords, physical tokens, biometric identifiers, and one-time passcodes, to enhance security and mitigate the risk of credential theft or misuse risk. Prioritize using MFA for accounts with elevated privileges, remote access, and access to sensitive data or systems.

Risk 52

Risk Cyber Insurance Insurance Authentication 52

Webroot

SEPTEMBER 27, 2024

Use strong, unique passwords : Weak or reused passwords are an easy way in for cybercriminals. Use a password manager to create and store strong passwords. This ensures that even if a hacker gets your password, they can’t access your account without a second step.

Cyber threats 59

Cyber threats Small Business Scams Cybercrime 59

Security Affairs

NOVEMBER 6, 2018

Group-IB assesses cryptocurrency exchanges’ security with criteria such as level of technical security, the reliability of storage of keys, passwords, and personal data of customers. Security Affairs – cyber insurance, cryptocurrency exchanges ). What is cryptocurrency exchanges’ security assessment? Pierluigi Paganini.

Insurance 95

Insurance Cryptocurrency Cyber threats Marketing 95

SC Magazine

JUNE 14, 2021

It actually almost matches up with maybe 70% or 80% of the clients that we’re supporting, who had almost identical attacks with an old credential, with a weak password on a VPN. Credential monitoring, password policy, [multi-factor authentication], are preventable problems. Sometimes they have the cyber insurance policy.

Ransomware 85

Ransomware Passwords VPN Cyber Insurance 85

Malwarebytes

JANUARY 15, 2023

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. Ensure your RDP points are locked down with a good password and multi-factor authentication. Rate limiting is a great way to fend off brute force attempts on your login.

Ransomware 91

Ransomware Backups Education VPN 91

Digital Shadows

OCTOBER 14, 2024

English-speaking countries, particularly the US, UK, Canada, and Australia, have well-developed insurance markets and higher cybersecurity awareness, resulting in higher ransomware insurance adoption. However, some cyber insurance policies explicitly forbid ransom payments.

Ransomware 94

Ransomware Social Engineering Insurance Cyber Insurance 94

NetSpi Executives

APRIL 27, 2024

terminal services, virtual private networks (VPNs), and remote desktops—often use weak passwords and do not require MFA. 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.

Ransomware 52

Ransomware Cyber Insurance Backups Insurance 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