BH Consulting

JULY 17, 2024

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. Even though more companies are buying cyber insurance, Howden found prices are falling through a combination of more providers in the market, and companies improving their security.

Cyber Insurance 69

Cyber Insurance Insurance Risk Marketing 69

Security Affairs

FEBRUARY 25, 2024

Apple created post-quantum cryptographic protocol PQ3 for iMessage Russian hacker is set to face trial for the hack of a local power grid Microsoft released red teaming tool PyRIT for Generative AI CISA orders federal agencies to fix ConnectWise ScreenConnect bug in a week FTC charged Avast with selling users’ browsing data to advertising companies (..)

Spyware 127

Spyware Cyber Insurance Hacking Advertising 127

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

SecureWorld News

NOVEMBER 12, 2020

This is partly driven by cyber insurance and a growing number of organizations seeing this insurance as a business necessity: "Although cyber insurance policies existed since early 2000, ransomware attacks are one of the main reasons for the increased interest in this type of insurance during the last 5 years.

Cyber threats 128

Cyber threats Insurance Cyber Insurance Ransomware 128

CyberSecurity Insiders

JANUARY 6, 2023

By the time they adjust their processes, beef up their defenses, and add new layers of security, they find themselves battling more virulent ransomware strains and cyber-scams. Insurance Refusals and Rate Hikes. But not insurance companies.

Backups 136

Backups Ransomware Insurance Cyber Insurance 136

SecureWorld News

NOVEMBER 22, 2021

The Business Email Compromise (BEC) scam is one of the simplest and most damaging attacks businesses can face with losses ranging from hundreds to millions of dollars. According to the Federal Bureau of Investigation (FBI), losses due to BEC scams since 2013 total around $28 billion dollars and it is the most profitable cybercrime there is.

Scams 98

Scams Cybercrime Accountability Banking 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 93

Ransomware Cyber Insurance Insurance Scams 93

SecureWorld News

SEPTEMBER 14, 2021

The school district’s cyber insurance provided free credit monitoring, but many parents were still puzzled by how to report the problem and what steps they should take next to protect their children. Other cyber scams where children's data can be vulnerable. Besides that … there is precious little they can.

Cyber Insurance 98

Cyber Insurance Ransomware Insurance Backups 98

Malwarebytes

MARCH 10, 2021

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. Here, the gimmick was compromising the network, locking up important files and/or servers and demanding cash to release them back to victims.

Ransomware 128

Ransomware Insurance Cyber Insurance Social Engineering 128

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. For consumers: Be wary of AI-driven scams.

Cyber threats 59

Cyber threats Small Business Scams Cybercrime 59

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. ” APLHV disbanded in late December 2023 after conducting an exit scam against its affiliates.

Cyber Attacks 59

Cyber Attacks Phishing Ransomware Cyber Insurance 59

BH Consulting

JUNE 22, 2021

Some policies exclude claims for extortion and fraud, which rules out payouts for ransomware attacks and invoice re-direct scams. In 2019, the US food company Mondelez sued its insurance provider Allianz for refusing to pay a $100 million claim for ransomware damages. What security measures will the insurance company ask you to have?

Insurance 83

Insurance Cybersecurity Cyber Insurance Cyber Risk 83

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. The story also tracks a big increase in investment frauds, romance frauds and online auction scams since 2019. MORE UK NCSC calls on the cyber insurance market to become more sophisticated.

Social Engineering 52

Social Engineering Data breaches Scams DDOS 52

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. ” APLHV disbanded in late December 2023 after conducting an exit scam against its affiliates.

Cyber Attacks 52

Cyber Attacks Phishing Ransomware Cyber Insurance 52

Malwarebytes

JULY 11, 2022

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

Cyber Insurance 95

Cyber Insurance Insurance Spyware Healthcare 95

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. Amlani Ajay Amlani , President & Head of the Americas, iProov Remember KnowBe4’s 2024 deepfake hiring scam?

Cybersecurity 290

Cybersecurity Cyber threats CISO Energy and Utilities 290