Remove Education Remove Encryption Remove Insurance
article thumbnail

NEW TECH: DataLocker introduces encrypted flash drive — with key pad

The Last Watchdog

One sliver of the $90 billion, or so, companies are expected to spend this year on cybersecurity products and services is an estimated $85 million they will shell out for encrypted flash drives. We discussed why encrypted flash drives have become established as a must-have portable business tool in the digital age. Park: Exactly.

article thumbnail

City of Dallas has set a budget of $8.5 million to mitigate the May Royal ransomware attack

Security Affairs

The command-and-control beacons allowed Royal to prepare the City’s network resources for the May 03, 2023, ransomware encryption attack.” . “During the surveillance period, Royal performed several actions to inject command and control software and established command-and-control beacons. ” continues the report.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New Ransom Payment Schemes Target Executives, Telemedicine

Krebs on Security

First spotted in mid-August 2022 , Venus is known for hacking into victims’ publicly-exposed Remote Desktop services to encrypt Windows devices. Encrypting sensitive data wherever possible. Continuously educating and informing staff about the risks and methods used by cybercriminals to launch attacks and steal data.

article thumbnail

What Is Encryption? Definition, How it Works, & Examples

eSecurity Planet

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?

article thumbnail

Low-Drama ‘Dark Angels’ Reap Record Ransoms

Krebs on Security

.” Dark Angels is thought to be a Russia-based cybercrime syndicate whose distinguishing characteristic is stealing truly staggering amounts of data from major companies across multiple sectors, including healthcare, finance, government and education. And those types of breaches tend to make headlines quickly.

article thumbnail

New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

article thumbnail

State-Sponsored Phishing Campaigns Target 40,000 VIP Individuals

KnowBe4

The second campaign, called “Eqoop,” can bypass multifactor authentication and is targeting entities in the logistics, finance, petroleum, manufacturing, higher education, and research sectors. The breadth and depth of these breaches signal an alarming escalation in cyber warfare.” LegalQloud targets investment banks as a second focus.”

Phishing 113