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How One Company Survived a Ransomware Attack Without Paying the Ransom

eSecurity Planet

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.

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Cyber Insurance: Is Paying a Ransom Counter-Productive?

KnowBe4

Food for thought as discussed on May 18, 2023, an article posted in The Australian Insurance Council: Banning paying a ransom to cyber hackers is counter-productive where Andrew Hall, the Chief Executive of the Insurance Council of Australia (ICA), stated that “attempts to ban businesses from paying ransoms for cyber attacks risks eroding trust and (..)

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The Pain of Double Extortion Ransomware

Thales Cloud Protection & Licensing

The Pain of Double Extortion Ransomware divya Thu, 02/16/2023 - 06:10 Ransomware perpetrators are adopting more sophisticated attack techniques with much success. Ransomware attacks have become much more dangerous and have evolved beyond basic security defenses and business continuity techniques like next-gen antivirus and backups.

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UK: Webinar – The anatomy of a ransomware attack

DLA Piper Privacy Matters

Ransomware and extortion make up a sizeable percentage of cyber-attacks. will insurance cover ransom payments? The COVID-19 lock-down and forced home-working presents many new vulnerabilities for hackers to exploit and also makes containment measures (such as forced password reset) more complicated to implement for the victims.

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Know your enemy – understanding the 7 different types of data breaches

IT Governance

We’re all guilty of making mistakes – it’s human nature – but employees need to understand the most important elements of information security, and non-technical staff need to be made familiar with security awareness policies and procedures. Ransomware. Cyber attack/criminal hacker. Are you prepared for a data breach?

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CyberheistNews Vol 13 #17 [Head Start] Effective Methods How To Teach Social Engineering to an AI

KnowBe4

Blog post with (lots of) links: [link] [Live Demo] Ridiculously Easy Security Awareness Training and Phishing Old-school awareness training does not hack it anymore. link] [Head Scratcher] More Companies With Cyber Insurance Are Hit by Ransomware Than Those Without? Users beware.

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CyberheistNews Vol 13 #13 [Eye Opener] How to Outsmart Sneaky AI-Based Phishing Attacks

KnowBe4

Security awareness training still has a place to play here." New-school security awareness training with simulated phishing tests enables your employees to recognize increasingly sophisticated phishing attacks and builds a strong security culture. We must ask: 'Is the email expected? Is the from address legit?