The Last Watchdog

DECEMBER 16, 2024

Williams Dr. Darren Williams , CEO, BlackFog Lesser-known ransomware groups like Hunters International will grow rapidly, leveraging AI for more efficient attacks, while “gang-hopping” by cybercriminals complicates attribution and containment. While cloud offers flexibility, it introduces new cyber risks.

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Cyber threats CISO IoT Phishing 264

The Last Watchdog

AUGUST 25, 2020

For instance, ransomware has bedeviled companies for the past three years, with a recent surge of attacks pivoting off ruses that leverage Covid19 concerns. Ransomware purveyors seek out open RDP ports , which have become the prime path for them to spread their cyber extortion campaigns. I’ll keep watch.

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Cyber Risk Software Risk Cloud Migration 182

The Hacker News

APRIL 11, 2023

In today's perilous cyber risk landscape, CISOs and CIOs must defend their organizations against relentless cyber threats, including ransomware, phishing, attacks on infrastructure, supply chain breaches, malicious insiders, and much more. One of the most effective ways for CISOs and

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Cyber Risk Risk CISO Cyber threats 116

Threatpost

APRIL 19, 2021

Our new eBook goes beyond the status quo to take a look at the evolution of ransomware and what to prepare for next.

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Cyber Risk Ransomware Risk IoT 119

SecureWorld News

OCTOBER 24, 2024

In a time when cyber threats are growing more sophisticated and pervasive, a new report by SecurityScorecard and KPMG LLP sheds light on critical cybersecurity vulnerabilities facing the U.S. Titled " A Quantitative Analysis of Cyber Risks in the U.S. energy sector.

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Cyber Risk Risk Cyber threats Software 113

We Live Security

JULY 13, 2021

The post Choosing your MSP: What the Kaseya incident tells us about third‑party cyber risk appeared first on WeLiveSecurity. Lessons to learn from the Kaseya cyberincident to protect your business' data when doing business with a MSP.

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Cyber Risk Risk Ransomware 138

Security Boulevard

AUGUST 15, 2024

The post Human Error – An Overlooked Aspect of Cyber Risk appeared first on Security Boulevard. Recent research shows that human error can account for 95% of all cybersecurity incidents. What’s more shocking is that only one-third of all companies offer cybersecurity awareness training for their employees.

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Cyber Risk Risk Accountability Cybersecurity 109

Jane Frankland

OCTOBER 25, 2024

A scenario where you could face any looming cyber crisis knowing that you’d emerge unscathed. As ITDMs, CISOs and cyber risk owners this is our dream scenario, and he got me thinking. This is a common misconception that has caught many ITDMs, CISOs and cyber risk owners out.

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Cyber Risk CISO Cyber threats Risk 130

SecureWorld News

NOVEMBER 3, 2023

For example, a policy may have a sub-limit on ransomware payments, or it may exclude coverage for certain types of cyberattacks. Third, cyber risks are constantly evolving, and insurance companies may not be able to keep up. This means that there may be some cyber risks that are not covered by your policy.

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Insurance Cyber Risk Risk Cyber Insurance 104

SecureWorld News

JULY 28, 2023

They need to understand the economic drivers and impact of cyber risk, and they need to ensure that cyber risk management is aligned with business objectives. These principles are backed by research and best practices, and they can help organizations navigate the treacherous cyber landscape while driving strategic goals.

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Cyber Risk Government Risk Cybersecurity 98

SecureWorld News

OCTOBER 20, 2021

However, we were most interested in seeing how Accenture articulated a particular business risk: the risk from a cyberattack. Especially because Accenture was hit with ransomware this year. On page 34 of the report, Accenture dives into the risk that cyber poses to the business.

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Cyber Risk Risk Insurance Cyber Insurance 98

CSO Magazine

OCTOBER 21, 2021

New data highlighting fluctuations relating to ransomware attack and payment claims indicates significant shifts in the cyberthreat landscape. Could such variations trigger changes in the cyber insurance market and, if so, how will they impact insurance carriers and organizations? Learn the 7 keys to better risk assessment. |

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Cyber Insurance Insurance Ransomware CSO 133

Joseph Steinberg

JULY 8, 2021

And even relatively rich organizations may fail altogether if they suffer the reputational harm that follows multiple serious cyber-incidents. Not only are they not protected against their own losses, but many have zero liability protection in the event that they somehow become a hacker’s catalyst for inflicting cyber-damage on others.

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Insurance Cyber Insurance Cybersecurity Small Business 364

SecureWorld News

APRIL 12, 2021

Federal Reserve Chairman Statement on Cyber Risk. And we're increasingly hearing from security leaders on the SecureWorld conference stage, that their organizations' are finally understanding that cyberrisk is business risk. Will we need that following the pandemic?

Cyber Risk 109

Cyber Risk Risk CISO Cyber Attacks 109

SecureWorld News

JANUARY 16, 2025

A report from 2023 revealed that 67% of energy and utility companies faced ransomware attacks, with many incidents exploiting unpatched vulnerabilities. Hackers used compromised credentials to gain access to Colonial Pipeline's network, deploying ransomware that encrypted critical systems.

Energy and Utilities 109

Energy and Utilities IoT Artificial Intelligence Backups 109

Security Affairs

NOVEMBER 29, 2020

IT services provider Sopra Steria estimates that a recent ransomware attack will have a financial impact ranging between €40M and €50M. At the end of October, French IT outsourcer Sopra Steria has been hit by a ransomware attack. The Group’s insurance coverage for cyber risks totals €30 million.” Pierluigi Paganini.

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Ransomware Insurance Cyber Risk Media 136

SC Magazine

APRIL 23, 2021

Brazen ransomware groups are continuing to seek out new avenues to rake in profits and ratchet up pressure on victims. If any unscrupulous traders were to take DarkSide up on its offer, the ransomware gang could potentially charge them a handsome sum for this inside information. bfishadow on Flickr, CC BY 2.0

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Ransomware Marketing Cyber Risk Media 136

SC Magazine

APRIL 19, 2021

Today’s columnist, Erin Kennealy of Guidewire Software, offers ways for security pros, the insurance industry and government regulators to come together so insurance companies can continue to offer insurance for ransomware. Insurance claims from cyber/ransomware events have consumed up to 40% of the claims of some insurers’ cyber books.

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Insurance Cyber Insurance Ransomware InfoSec 113

SecureWorld News

NOVEMBER 30, 2020

A large provider of IT services in the EU is the latest example that cyber risk is business risk. Sopra Steria IT company hit with Ryuk Ransomware. Like too many organizations around the globe, the IT company is remediating a Ryuk Ransomware attack. Ryuk ransomware recovery could cost $60 million.

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Cyber Insurance Ransomware Insurance Cyber Risk 120

CyberSecurity Insiders

JUNE 23, 2021

The National Institute of Standards and Technology, renowned shortly as NIST has published some ransomware guidelines that need to be followed by organizations that are concerned about ransomware attacks. . The post Ransomware Guidelines published by NIST appeared first on Cybersecurity Insiders. And those are-. .

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Ransomware Cyber Risk Technology Malware 108

Security Affairs

OCTOBER 13, 2024

The Mexican Drug Cartels Want You Casio: Notice of Partial Service Outage and Information Leak Caused by Ransomware Attack He founded a “startup” to access sanctioned Russian websites: the cyber police of Khmelnytskyi region exposed the hacker Hacked ‘AI Girlfriend’ Data Shows Prompts Describing Child Sexual Abuse Malware Over 300,000!

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Data breaches Cryptocurrency Cybercrime Artificial Intelligence 117

IT Security Guru

JUNE 17, 2024

Reports suggest annual revenues from ransomware attacks are already in the tens of billions, while some predict ransomware damage costs will exceed $265 billion by 2031. Reports suggest annual revenues from ransomware attacks are already in the tens of billions, while some predict ransomware damage costs will exceed $265 billion by 2031.

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Ransomware Insurance Risk Backups 138

Security Affairs

AUGUST 27, 2020

REvil ransomware operators claimed to have breached another healthcare organization, the victim is Valley Health Systems. During this period, due to the ongoing COVID19 pandemic, these structures are under pressure and more exposed to cyber risks. SecurityAffairs – hacking, REvil ransomware). Pierluigi Paganini.

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Healthcare Ransomware Advertising Cyber Risk 122

The Last Watchdog

JANUARY 31, 2019

A report co-sponsored by Lloyd’s of London paints a chilling scenario for how a worldwide cyberattack could trigger economic losses of some $200 billion for companies and government agencies ill-equipped to deflect a very plausible ransomware attack designed to sweep across the globe. cyber foes exploit government shutdown.

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Ransomware Government Technology Cyber Risk 145

Hacker Combat

JUNE 2, 2022

ransomware to conduct the cyber-attack, the hackers threaten to expose stolen files unless the company pays a ransom. The ransomware gang demanded over $34 million in bitcoin to be paid as ransom. How to Recognize a Ransomware Attack. How to Prevent Ransomware Attacks. using the LockBit 2.0

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Ransomware Manufacturing Antivirus Cyber Risk 132

SecureWorld News

AUGUST 25, 2021

Ransomware. Ransomware. Ransomware. As ransomware attacks have spiked in the last year, a common theme for many organizations is that the attack was the result of failed cybersecurity. But in the world of emerging ransomware perspectives, some argue it could be more about bad luck. Will we pay the ransom?

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Ransomware Insurance Cyber Risk Cyber Insurance 98

The Security Ledger

MAY 25, 2022

about his firm’s discovery of a string of critical security flaws in an autonomous medical robot, TUG, that is already deployed in hundreds of clinical settings and the growing issue of medical device insecurity and cyber risks to healthcare. Robots Driving Cyber Risk. Read the whole entry. »

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Cyber Risk Healthcare Risk Cyber Attacks 75

Adam Levin

MARCH 17, 2022

Phishing emails are the most common vector for attacks on corporate networks, especially in ransomware and business email compromise (BEC) campaigns; anything that involves large groups of employees to continuously send updated file attachments or links to a reply-all list or an individual, creates cybersecurity issues.

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Cyber threats Phishing Passwords Malware 229

Security Boulevard

JUNE 26, 2023

As we do every year, we’re reading the Verizon Data Breach Investigations Report for 2023 with respect for the service they provide to the cybersecurity and cyber risk community with this massive effort in data gathering and interpretation, and admiration for the clarity (and humor!) of their presentation.

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Ransomware Cyber Risk Data breaches Risk 105

Dark Reading

JUNE 14, 2023

Margaret's Health is shutting down due to a 2021 ransomware attack and other factors. It's an object lesson for how small and rural healthcare facilities face grave cyber-risk when extortionists come calling.

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Ransomware Cyber Risk Healthcare Risk 90

Security Boulevard

OCTOBER 25, 2021

The post Can you Become Ransomware-Proof? Wouldn’t it be great if you had enough confidence in your information security program that if a criminal gang attacked you, you would be able to defend yourself, keep your business going and notify the appropriate legal authorities and any vendor partners that might be impacted?

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SC Magazine

JUNE 16, 2021

The most pervasive wisdom about preventing damage from ransomware is to backup systems, but that alone may not be enough. The most pervasive wisdom about preventing damage from ransomware is to backup systems. Indeed, recovering from ransomware can be tough. Amy Sacka for Microsoft). Backups can make it easier.

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Backups Ransomware DDOS Encryption 141

BH Consulting

JANUARY 30, 2025

Cyber risk remains top of mind for business leaders A regular January fixture, the World Economic Forums Global Risk Report 2025 features two technology-related threats among the top five risks for the year ahead and beyond. The report ranks risks by severity over two-year and 10-year timeframes.

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Cyber Risk Computers and Electronics Risk CISO 69

Security Boulevard

DECEMBER 22, 2023

Liberty Hospital provided an update Read More The post Kansas City Hospital Ransomware Attack Consequences appeared first on Axio. The post Kansas City Hospital Ransomware Attack Consequences appeared first on Security Boulevard.

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Ransomware Cyber Risk Healthcare Risk 119

Security Boulevard

JANUARY 24, 2025

Plus, the EUs DORA cyber rules for banks go into effect. And get the latest on ransomware trends; CIS Benchmarks; and data privacy. Are we clear on who must be involved in assessing and mitigating AI adoption cyber risks? Check out tips for adopting AI securely from the World Economic Forum.

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Banking Cybersecurity Artificial Intelligence Ransomware 69

Security Affairs

MAY 9, 2023

Researchers warn of a new ransomware family called CACTUS that exploits known vulnerabilities in VPN appliances to gain initial access to victims’ networks. The new ransomware operation has been active since March 2023, despite the threat actors use a double-extortion model, their data leak site has yet to be discovered.

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Ransomware VPN Antivirus Encryption 98

CyberSecurity Insiders

MAY 17, 2023

As a result, cybersecurity has become a top priority for organisations of all sizes, and the C-suite, including CEOs, CFOs, CIOs, and CISOs, plays a critical role in managing and mitigating cyber risk. Email remains the primary communication tool for businesses, but it also poses significant security risks.

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Cyber Risk Risk Education Technology 59