Security Affairs

JULY 9, 2021

Insurance giant CNA notifies customers of a data breach after the Phoenix CryptoLocker ransomware attack suffered in March. US insurance giant CNA is notifying customers of a data breach after the ransomware attack that it suffered in March. SecurityAffairs – hacking, ransomware). Pierluigi Paganini.

Data breaches 145

Data breaches Insurance Ransomware Identity Theft 145

Malwarebytes

JANUARY 5, 2023

The Supreme Court of Ohio issued a ruling days before the New Year that a software and service provider shouldn't be covered by insurance against a ransomware attack as it didn't cause direct or physical harm to tangible components of software, as it doesn’t have any. its policy owner, denied the claim.

Insurance 84

Insurance Software Ransomware Media 84

Hot for Security

MAY 7, 2021

Insurance giant AXA has said that it is no longer writing cyberinsurance policies in France that cover ransom payments to extortionists. In addition, it will not affect existing policies that companies may have with the insurer. The only question then is – will your insurance company cover you for that ransom payment, or not?

Insurance 145

Insurance Ransomware Retail Cryptocurrency 145

Security Affairs

FEBRUARY 21, 2023

Recently emerged HardBit ransomware gang adjusts their demands so the insurance company would cover the ransom cost. The HardBit ransomware group first appeared on the threat landscape in October 2022, but unlike other ransomware operations, it doesn’t use a double extortion model at this time. Very important!

Insurance 98

Insurance Ransomware Cyber Insurance Malware 98

Malwarebytes

OCTOBER 11, 2023

The Philippine Health Insurance Corporation (PhilHealth), has confirmed that it was unprotected by antivirus software when it was attacked by the Medusa ransomware group in September. EDR can detect an intruder's suspicious activity in advance of them running ransomware, as well as being able to identify the ransomware itself.

Antivirus 104

Antivirus Insurance Ransomware Healthcare 104

eSecurity Planet

OCTOBER 18, 2022

For any organization struck by ransomware , business leaders always ask “how do we decrypt the data ASAP, so we can get back in business?”. The good news is that ransomware files can be decrypted. What can be done to recover from ransomware attacks when backups are not available? Insured companies often will not have options.

Ransomware 145

Ransomware Encryption Insurance Backups 145

Security Affairs

JANUARY 2, 2024

A team of researchers released a suite of tools that could help victims to decrypt data encrypted with by the Black Basta ransomware. Independent security research and consulting team SRLabs discovered a vulnerability in Black Basta ransomware’s encryption algorithm and exploited it to create a free decryptor.

Ransomware 136

Ransomware Encryption Insurance Malware 136

Krebs on Security

AUGUST 29, 2019

PerCSoft , a Wisconsin-based company that manages a remote data backup service relied upon by hundreds of dental offices across the country, is struggling to restore access to client systems after falling victim to a ransomware attack. The ransomware attack hit PerCSoft on the morning of Monday, Aug. West Allis, Wis.-based

Backups 229

Backups Ransomware Insurance Encryption 229

CyberSecurity Insiders

MAY 19, 2021

AXA, a French Multinational Insurance Company was reportedly hit by Avaddon Ransomware Gang last week halting IT operations in its offices located in the Philippines, Hong Kong, Malaysia, and Thailand. . . The post Avaddon ransomware gang targets AXA Insurance appeared first on Cybersecurity Insiders.

Insurance 64

Insurance Ransomware Banking Encryption 64

SecureWorld News

NOVEMBER 14, 2024

Ransomware attacks on healthcare organizations have sharply increased in 2024, as shown by recent research from Safety Detectives. Compared to 2023, healthcare providers are facing a higher frequency of ransomware incidents, impacting their ability to deliver essential services and protect sensitive patient data.

Healthcare 90

Healthcare Ransomware Identity Theft Data breaches 90

SecureList

MAY 8, 2024

Ransomware attacks continue to be one of the biggest contemporary cybersecurity threats, affecting organizations and individuals alike on a global scale. As we approach International Anti-Ransomware Day, we have analyzed the major ransomware events and trends. The third most active ransomware in 2023 was Cl0p.

Ransomware 122

Ransomware Encryption Small Business Cybersecurity 122

Krebs on Security

MARCH 2, 2021

PrismHR , a company that sells technology used by other firms to help more than 80,000 small businesses manage payroll, benefits, and human resources, has suffered what appears to be an ongoing ransomware attack that is disrupting many of its services. Hopkinton, Mass.-based PrismHR has not yet responded to requests for comment.

Ransomware 322

Ransomware Small Business Insurance Software 322

Security Affairs

JUNE 18, 2024

Over the last few years, ransomware attacks have become one of the most prevalent and expensive forms of cybercrime. Initially, these attacks involved malicious software that encrypts a victim’s data, rendering it inaccessible until a ransom is paid to the attackers.

Ransomware 141

Ransomware Cryptocurrency Insurance Cybercrime 141

Webroot

SEPTEMBER 7, 2023

When it comes to keeping sensitive data safe, email encryption is a necessity. Too many employees and IT experts have experienced the pain of trying to use a needlessly complicated email encryption solution. If this is the experience you’ve come to expect, Webroot Email Encryption powered by Zix is here to surprise you.

Encryption 113

Encryption Passwords Insurance Healthcare 113

eSecurity Planet

DECEMBER 7, 2023

Encryption uses mathematical algorithms to transform and encode data so that only authorized parties can access it. What Encryption Is and How It Relates to Cryptology The science of cryptography studies codes, how to create them, and how to solve them. How Does Encryption Process Data? How Does Encryption Process Data?

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Encryption Passwords IoT Firewall 113

Krebs on Security

DECEMBER 7, 2019

A Colorado company that specializes in providing IT services to dental offices suffered a ransomware attack this week that is disrupting operations for more than 100 dentistry practices, KrebsOnSecurity has learned. When asked about reports of a ransomware attack on his company, Miner simply said it was not a good time and hung up.

Ransomware 235

Ransomware Backups Insurance Wireless 235

CyberSecurity Insiders

JANUARY 26, 2022

Merck, the Pharma giant from New Jersey, has won a legal battle with its insurer for covering costs related to the NotPetya ransomware attack that crippled its computer networks to the core incurring losses in millions. Moving ahead into the details, the year 2017 witnessed many companies falling prey to NotPetya ransomware hackers.

Ransomware 112

Ransomware Insurance Cyber Insurance Hacking 112

CyberSecurity Insiders

DECEMBER 29, 2022

In one of the strange decisions taken by Ohio Supreme Court over a previous judgement pronounced earlier by Ohio Second District Court, the law stated that there must be a direct physical loss or damage to a company in the event of a file encrypting malware disaster.

Software 99

Software Ransomware Insurance Cyber Insurance 99

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.

Ransomware 123

Ransomware Insurance Risk Backups 123

Thales Cloud Protection & Licensing

JULY 4, 2022

How Cybersecurity Insurance Can Work To Help An Organization. In the last 20+ years, cybersecurity insurance has added risk transference to the available palette of palliative choices. I recently spoke with Neira Jones and Danna Bethlehem about how cybersecurity insurance can work to help an organization. regulations.

Insurance 71

Insurance Cybersecurity Risk Ransomware 71

Adam Levin

JANUARY 9, 2020

Currency exchange giant Travelex has effectively been taken offline by a ransomware attack. . To date, the company can confirm that whilst there has been some data encryption, there is no evidence that structured personal customer data has been encrypted. “To The attack was first detected the night of December 31.

Ransomware 157

Ransomware Encryption Insurance VPN 157

CyberSecurity Insiders

OCTOBER 6, 2022

Lloyd’s London, a leading insurance trader in the world, has apparently experienced cyber attack that is currently being deeply probed. Second is the news related to BlackByte Ransomware that recently inducted a special tactic into its attack concept. Ransomware is a kind of malware that encrypts a database until a ransom is paid.

Ransomware 125

Ransomware Cyber Attacks Insurance Encryption 125

CyberSecurity Insiders

AUGUST 19, 2021

Memorial Health System, based in Ohio, is trending on Google for becoming a recent victim to a ransomware attack. In another incident related to ransomware targeting healthcare organization, St. Joseph/Candler is yet to confirm whether it is going to pay a ransom to free up its database from encryption.

Healthcare 126

Healthcare Ransomware Insurance Encryption 126

CyberSecurity Insiders

FEBRUARY 13, 2023

Unconfirmed sources state that the attack was caused by malware leading to data siphoning and encryption- hinting to us the attack was of ransomware variant. The post Pepsi suffers a ransomware attack appeared first on Cybersecurity Insiders.

Ransomware 121

Ransomware Insurance Manufacturing Malware 121

CyberSecurity Insiders

JUNE 3, 2022

Healthcare providers are opting to pay a ransom in the event of ransomware attacks, instead of recovering it from data backups. The reason is as it is easy and guarantees 100% encrypted data return- Of course, as per their perspective!

Healthcare 120

Healthcare Ransomware Insurance Backups 120

Krebs on Security

DECEMBER 13, 2021

The consulting firm PricewaterhouseCoopers recently published lessons learned from the disruptive and costly ransomware attack in May 2021 on Ireland’s public health system. The unusually candid post-mortem found that nearly two months elapsed between the initial intrusion and the launching of the ransomware.

Healthcare 292

Healthcare Ransomware Antivirus Hacking 292

CyberSecurity Insiders

MAY 23, 2023

A Russian government affiliated ransomware spreading group has targeted the Indian Insurance Information Bureau (IIB) and encrypted the entire database and their demand is that they victim needs to pay $250,000 in bitcoins in exchange of a decryption key. LockBit ransomware is suspected to be behind the incident.

Ransomware 102

Ransomware Encryption Malware Insurance 102

CyberSecurity Insiders

JULY 29, 2022

Hive Ransomware group has reportedly locked down a school from digital access and is demanding £500,000 to free up data from encryption. Yes, what is being read is true as Wootton Upper School in Bedfordshire-part of Wootton Academy Trust was victimized by the file encrypting malware spreading gang and are adamant in their demand.

Ransomware 122

Ransomware Cyber Insurance Social Engineering Education 122

CyberSecurity Insiders

JANUARY 4, 2023

Cybersecurity Insiders learnt from its sources that the attack took place last year, when hackers induced a file encrypting malware into the company’s network in March 2022. A week later, forensic experts hired from a 3rd party firm confirmed the incident as a ransomware attack and started an inquiry.

Data breaches 103

Data breaches Ransomware Identity Theft Insurance 103

Security Affairs

SEPTEMBER 28, 2023

Johnson Controls International suffered a ransomware attack that impacted the operations of the company and its subsidiaries. Johnson Controls International announced it has suffered a ransomware attack that impacted many systems of the company, Bleeping Computer reported. ” reported Bleeping Computer. .”

Ransomware 138

Ransomware Insurance Technology Encryption 138

eSecurity Planet

JULY 12, 2022

The first signs of the ransomware attack at data storage vendor Spectra Logic were reports from a number of IT staffers about little things going wrong at the beginning of the day. Screens then started to display a ransom demand, which said files had been encrypted by the NetWalker ransomware virus. Cyber Insurer Provides Help.

Ransomware 144

Ransomware Cyber Insurance Backups Insurance 144

Malwarebytes

FEBRUARY 3, 2023

Today we have a ten minute YouTube expedition into the murky world of ransomware. In the video, "The rise of multi-threat ransomware" (embedded below), I cover a couple of key talking points that always seem to come up in conversation. If you're causing ransomware gangs to shrug and go elsewhere, you're doing OK.

Ransomware 86

Ransomware Cyber Insurance Insurance Encryption 86

Duo's Security Blog

APRIL 25, 2022

For as long as organizations have existed to grow crops, move goods or produce items there have been insurance firms to help these markets survive cyclical events. Unsurprisingly, we are seeing more and more MFA requirements in cyber liability insurance policies as it has such a significant impact in reducing the chance of financial loss.

Insurance 93

Insurance Risk Marketing Authentication 93

Security Affairs

OCTOBER 1, 2023

Bleeping Computer last week reported that Johnson Controls International has suffered a ransomware attack that impacted many systems of the company. The threat actors also claim to have stolen over 27 TB of corporate data and encrypted the company’s VMWare ESXi virtual machines during the attack.” reported Bleeping Computer.

Ransomware 144

Ransomware Insurance Technology Encryption 144

eSecurity Planet

APRIL 6, 2023

Ransomware is a type of malicious program, or malware, that encrypts files, documents and images on a computer or server so that users cannot access the data. Ransomware is the most feared cybersecurity threat and with good reason: Its ability to cripple organizations by locking their data is a threat like no other.

Ransomware 98

Ransomware Backups Encryption Cybersecurity 98

CyberSecurity Insiders

DECEMBER 22, 2022

A ransomware hit Queensland University of Technology (QUT) in the early hours of today, crippling a portion of the institute’s network from the past 5 hours. The second largest University seems to have been hit badly as whole of the printers operating in the campus are displaying the ransomware note.

Technology 97

Technology Ransomware Insurance Education 97

eSecurity Planet

OCTOBER 5, 2021

First, we prepare a plan for the possibility, then when a ransomware attack occurs we execute the plan. To help, we break down the process into the following steps: How to Prepare for Ransomware. Ransomware Response. Simple Ransomware Recovery. How to Prepare for Ransomware. Ransomware Security.

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Ransomware Backups Insurance Cyber Insurance 131