Some experts predict cyber insurance rates will increase 40-75% in the near future, and MSPs need to take action now to protect their profits and businesses in 2022 and beyond. The panelists will explore why ransomware attacks are at the heart of these increases. This webinar features expert insights from:
Health insurer Aetna ACE reported to federal regulators a health data breach affecting nearly 326,000 individuals tied to an apparent ransomware incident involving OneTouchPoint, a subcontractor that provides printing and mailing services to one of the insurer's vendors.
Hackers are turning to cryptojacking to make easy money despite the fall in cryptocurrency valuation, including ransomware cybercriminals attracted by the lower-stakes world of cryptojacking, says threat intelligence firm SonicWall. The financial industry has seen a surge in cryptojacking attacks.
How many organizations fall victim to a ransomware outbreak? How many victims pay a ransom? How many victims see stolen data get leaked? A new study from the EU's cybersecurity agency ENISA offers answers, but carries major caveats due to rampant underreporting of such attacks.
Lisa Sotto of Hunton Andrews Kurth LLP joins three ISMG editors to discuss important cybersecurity and privacy issues, including data breach preparedness, the evolution of LockBit 3.0 and the potential impact of the Cyber Incident Reporting for Critical Infrastructure Act of 2022.
Here's unwelcome ransomware news: When a ransomware victim chooses to pay a ransom, the average amount has increased to $228,125, reports ransomware incident response firm Coveware. On the upside, however, big-name ransomware groups are having a tougher time attracting affiliates.
Since the decline and fall of the Conti ransomware brand earlier this year, LockBit appears to have seized the mantle, listing more victims on its data leak site than any other. Experts say the group's focus on technical sophistication and keeping affiliates happy remain key to its success.
A nice $10 million awaits tipsters capable of providing the U.S. federal government with information leading to the identification of state-sponsored hackers who attack systems vital to America's day-to-day operations. Of special interest are hackers employed by North Korea.
Sri Lanka's national crisis has yet another downside: growing insecurity in cyberspace. Collapse of the Sri Lankan rupee has caused the price of cybersecurity product license renewals to skyrocket. Opportunistic hackers are drawn to the island. Cyber insurers are leery of renewing existing policies.
A recent Securities and Exchange Commission filing by Tenet Healthcare, a major Dallas-based healthcare delivery organization, provides the latest public peek into the hefty impact a disruptive cyber incident can have on a healthcare entity's finances.
Cybersecurity doesn’t have competitors, it has adversaries. They react to every defense we put in place and seek new ways to achieve their aims - whether they be cybercrime, espionage, or hacktivism. The attackers are innovative, and they share new ways to exploit any vulnerability, so defenders need to share...
A scan of Russian servers led researchers to follow a trail of digital breadcrumbs to find a server with "smoking gun" evidence of connection to MedusaLocker ransomware. The malware has especially affected the healthcare industry. Attack surface risk firm Censys detailed its findings in a report.
Three ISMG editors discuss important cybersecurity issues, including the sharp rise in Maui ransomware attacks, how the FBI seized cryptocurrency ransom payments worth $500,000 from North Korean attackers and advice for CISOs navigating the great zero trust debate.
The best protection against a ransomware attack is a very good backup policy, says Krishna Sastry Pendyala, partner, cybersecurity, at Ernst & Young. He discusses ransomware trends in Asia, how CISOs view the question of whether to pay a ransom, and where cyber insurance fits in.
The latest edition of the ISMG Security Report asks: Whatever happened to Russia's cyberwar against Ukraine? It also looks at the curious case of a cardiologist who's been accused of moonlighting as a developer of such notorious strains of ransomware as Thanos and Jigsaw.