Data shows a rise in ransomware claims from Q2 2020 through Q1 2021 (0.25% to 0.58% increase in frequency) but then a drop by 50% in Q2 2021 that largely sustained through Q3 2021, according to the Corvus Risk Insights Index.
Healthcare is disproportionately targeted: 34% of all data breaches in the U.S. involve a healthcare organization. Yes, healthcare is a large industry, but we’re not that large. Here’s why security is such an issue for our critically important but increasingly fragile industry.
Cyber insurance can still play a critical role in protecting a business during the interruption of a ransomware attack, as well as help cover potential ransom payments and/or associated legal fees.
Gigabyte Technology, a Taiwanese manufacturer and distributor of computer hardware, has allegedly suffered a massive data breach as a result of a ransomware attack.
Employees and non-employee contractors continue representing the most critical weak link in the IT chain. Too many employees, and vendors using corporate networks, are still falling for phishing attacks. Enhanced worker training on cyber risks helps, but training coupled with stronger systems offers the best protection against cyber threats.
Effectively securing an organization’s resources and data requires making user and device identity and access management the new focal point of security. Organizations will need to reconsider their security strategy once again to accommodate staff as they return to the office.
Malware authors often take advantage of vulnerabilities in popular software. But, malware is also prone to bugs and coding errors, causing it to crash and serve as backdoors — any method by which authorized and unauthorized users can get around normal security measures and gain high-level user access — for white hat hackers.
Calendly announced the appointment of Frank Russo as its first chief information security officer. Russo will oversee application security, infrastructure security, corporate security, privacy and compliance to protect customers, partners, employees, systems and assets.
A new Report, “Ransomware in Focus,” based on a survey of more than 250 Chief Information Security Officers (CISOs), cited ransomware as the #1 threat facing businesses and one of the primary CISO concerns for the next 12 months, with many believing an attack is inevitable.
