Tag: Ransomware

The Changing Threat Landscape of Cyber Risk

Our latest Allianz risk report looks at today’s cyber risk landscape and the emerging threats posed by the growing reliance on cloud services, an evolving third-party liability landscape that means higher compensation and penalties, as well as the impact of a shortage of cybersecurity professionals. We found that ransomware and phishing scams are as active […]

2022 Holiday Season Cyber Threat Trends for the Retail and Hospitality Industry

For the retail, hospitality, and travel community, the holiday season is the most intense time of year for persistent threats. From the beginning of October through the end of December, attempted cyberattacks expand in both scale and magnitude to match the rise in consumer traffic. To help provide cybersecurity professionals in consumer-facing businesses with information […]

The Largest Cyberbreaches of All Time: What Can They Teach Us Today?

In 2021, the number of cyberattacks and data breaches in the U.S. increased by 15.1% from the previous year. And the cost of being victimized by cybercrime rose, as well. According to a study by IBM, on average, a single data breach in the U.S. costs a business $9.44 million. In the first half of […]

Web Scraping: A Critical Tool for Threat Intelligence

Cyberspace is a complex system with the potential for infinite expansion. As its importance continues to grow, global organizations face threats that can cost them billions while compromising their network security and business reputation. Cyber threat intelligence is a vital strategy that prevents attacks, and web scraping is critical to its success. The internet is […]

Take These 4 Precautions to Avoid Being the Next Ransomware Victim

Last year, businesses experienced 50% more cyberattack attempts each week compared to 2020. The war in Ukraine has slowed ransomware attacks by 42%, but most cybersecurity experts are warning all businesses to stay vigilant. They predict this lull is just the calm before a dangerous storm as threat actors reorganize. Ransomware Impacts Businesses of All […]

While Cyber Reporting Law Will Help Combat Ransomware, Data Recovery Remains Essential 

With President Biden signing a $1.5 trillion omnibus appropriations bill into law earlier this year, the federal government is poised to spend billions of dollars to strengthen cybersecurity and information technology within its agencies. But the spending package also addresses one of the more persistent challenges to identifying and mitigating wide-ranging cyberattacks, including ransomware, in […]

How U.S. Businesses Are Suffering from the Lack of Personal Data Privacy Laws

It’s been over four years since the European Union implemented its groundbreaking General Data Protection Regulation. The GDPR has become the model for personal data privacy laws in many other countries and for the California Consumer Privacy Act (CCPA), which took effect in 2020. New data privacy laws are set to take effect in four […]

IBM Report Reveals Top Data Breach Trends as Costs Hit All-Time High

IBM Security released its 2022 Cost of a Data Breach Report, revealing costlier and higher-impact data breaches than ever before, with the global average cost of a data breach reaching an all-time high of $4.35 million for studied organizations. With breach costs increasing nearly 13% over the last two years of the annual report, the findings suggest these […]

Feds Warn U.S. Health Sector About North Korean Ransomware Attacks

The Cybersecurity and Infrastructure Security Agency (CISA), the Federal Bureau of Investigation (FBI), and the U.S. Department of the Treasury released a joint Cybersecurity Advisory (CSA) that provides information on Maui ransomware, which has been used by North Korean state-sponsored cyber actors since at least May 2021 to target Healthcare and Public Health (HPH) Sector organizations. The […]

The Great Cybersecurity Resignation? Stressed-Out Pros Consider Quitting

Nearly half (45%) of cybersecurity professionals have considered quitting the industry due to stress, with the primary issues being an unrelenting threat from ransomware and the expectations to always be on call or available, according to a new report. The Voice of SecOps Report, the third annual study from cybersecurity company Deep Instinct, analyzed feedback […]