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Cyber Insurance: Higher Premiums, Limited Coverage

Data Breach Today

GAO Report Summarizes Market Trends The increasing number of cyberthreats, especially ransomware attacks, is leading some cyber insurers to raise premiums and limit some coverage in hard-hit sectors, such as healthcare and education, according to a report from the Government Accountability Office.

Insurance 281
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TA505 group updates tactics and expands the list of targets

Security Affairs

Trend Micro revealed that the TA505 group that is behind the Dridex and Locky malware families continue to make small changes to its operations. In the middle of July, Trend Micro observed for the first time attacks leveraging. and which used emails with subjects pertaining to finance or urgent concerns on insurance policies.

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Top 8 Cyber Insurance Companies for 2022

eSecurity Planet

That’s where cyber insurance may be able to help. For that reason, most experts now recognize that a complete cybersecurity strategy not only includes technological solutions aimed at preventing, detecting, and mitigating attacks, it should also include cyber insurance to help manage the associated financial risks. That’s a 29.1%

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New Ransom Payment Schemes Target Executives, Telemedicine

Krebs on Security

The CLOP members said one tried-and-true method of infecting healthcare providers involved gathering healthcare insurance and payment data to use in submitting requests for a remote consultation on a patient who has cirrhosis of the liver. Encrypting sensitive data wherever possible. ”

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GUEST ESSAY: Scammers leverage social media, clever con games to carry out digital exploitation

The Last Watchdog

One trend we’ve seen in recent years is a massive surge in cases of sextortion. Exploitation drivers From the case of Hegestratos committing insurance fraud by sinking a ship in 300 B.C., The advancement of fraud has materialized parallel to that of currency.

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Worrying Ransomware Trends, and What to Do About Them

IT Governance

This trend was confirmed by the 2024 Data Breach Investigations Report : Verizon found a significant jump in ransomware/extortion attacks compared to the 2023 report. So, I sat down with cyber incident responder Vanessa Horton to get her expert insights into this trend. What ransomware trends have you noticed?

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News Alert: Guardz uncovers new macOS malware – Hidden Virtual Network Computing (hVNC)

The Last Watchdog

1, 2023 – Guardz , the cybersecurity company securing and insuring SMEs, today disclosed the existence of a Hidden Virtual Network Computing (hVNC) malware targeting macOS devices. To learn more about the newly disclosed macOS hVNC and the rising trend of threats against SMEs, see Guardz’s recent blog post here.

Insurance 189