Ransomware the Largest Driver of Cyber Insurance Claims in the Last Five Years
“With ransomware again the number one cause of loss, we will be watching closely to see whether cyber policyholders, especially SMEs, deploy sufficient cybersecurity safeguards to reduce their ransomware exposure and qualify for ransomware coverage....
Read MoreQ4 2020 Saw Record Highs in Ransomware Cyberattacks, Warn Experts
Ransomware Attacks Reach All-time High in Q4 2020 Ransomware attacks spiked in 2020 as the fear and chaos of COVID-19, combined with the transition to remote work, provided an abundance of opportunities for cybercriminals. Advisen...
Read MoreBiden Admin. Pushes for Better Cybersecurity, Issues This New Guidance for Employers
White House Issues Ransomware Prevention Guidance to Businesses In a recent letter addressed to corporate executives and business leaders, the White House emphasized that bolstering the nation’s resilience against cyberattacks is a main priority for...
Read MoreDo You Know About This Cyberattack?
Ransomeware-as-a-Service Explained Ransomware attacks—which entail a cybercriminal deploying malicious software to compromise a device (or multiple devices) and demand a large payment be made before restoring the technology for the victim—have become a significant concern...
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