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Why Ransoms Are Soaring

Kaseya

This particularly malicious type of malware affected and encrypted data across the globe with no way to reverse it. A British insurer stated that nearly half of their cyber insurance claims for the first half of 2020 were ransomware related. Did they have backup or not? Attack Severity. Was the victim rich or poor?

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Cybersecurity Snapshot: New Guide Details How To Use AI Securely, as CERT Honcho Tells CISOs To Sharpen AI Security Skills Pronto

Tenable

That’d be the consequences of suffering a cyber event, according to a report from insurer company Allianz Commercial. For the third straight year, the “Allianz Risk Barometer” ranks cybersecurity incidents first among business risks.

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Cybersecurity Snapshot: GenAI Drives Broader Use of Artificial Intelligence Tech for Cyber

Tenable

In addition, learn about a new set of best practices for protecting cloud backups. When respondents were asked about potential uses of AI in cybersecurity in the next two to three years, networking traffic monitoring / malware detection ranked first, followed by analysis of user behavior patterns, and automated responses to cyber incidents.

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Don’t let your company’s reputation be held for ran$om

Lacework

The US Cybersecurity and Infrastructure Security Agency (CISA) defines 2 ransomware as “a form of malware designed to encrypt files on a device, rendering any files and the systems that rely on them unusable. Both the number of insurance claims relating to ransomware, and the total amount paid to attackers, have increased.

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IT Risk Assessment: Is Your Plan Up to Scratch?

Kaseya

Hardware or software failure, backup and recovery problems, physical damage to devices or any other factor that could negatively affect IT infrastructure and disrupt business operations is included in the IT risk assessment plan. Errors in backup systems may also lead to data loss. How often should you perform IT risk assessments? .

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Digital Transformation Outpacing Financial Institution Security

Praxent

Breaches, phishing, malware, domain infringement, malvertising, ransomware, malicious mobile apps, brand abuse and fake social posts are all currently conspicuously dangerous to traditional banking organizations. According to insurance carrier Hiscox, security incidents cost businesses of all sizes $200,000 on average.

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Patch Management Policy Features, Benefits and Best Practices

Kaseya

Patching is one of many compliance requirements, and failing to do so can lead to audits, fines and even denial of insurance claims in the case of a breach. It is crucial that IT managers take backups of their systems prior to applying patches so the old system can be rolled out in case of a problem. Supports uptime and SLAs.

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