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OpenTextâ„¢ Cybersecurity 2024 Global Ransomware Survey: Supply chain and AI-powered attack fears intensify

OpenText Information Management

Whether a small business or a large enterprise, all organizations are feeling the impact of ransomware. In the third annual OpenTextâ„¢ Cybersecurity 2024 Global Ransomware Survey , we put a magnifying glass to these growing attack techniques and vectors.

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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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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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[BUDGET AMMO] Companies Are Ditching Cybersecurity Insurance as Premiums Rise, Coverage Shrinks

KnowBe4

It's great budget ammo for security awareness training. You saw the title and are reading this, so I think you agree. Here is s short extract and I recommend you reading the whole article, link is below.