Tag: cyber security

Ransomware, Email Compromise Are Top Security Threats While Deepfakes Increase

BEC attacks

While ransomware and business email compromise (BEC) are the most common causes of security incidents for businesses, geopolitics and deepfakes are becoming more prevalent, according to reports from two leading cyber security firms. According to VMware’s 2022 Global Incident Threat Response Report, there is a steady increase in extortionate ransomware attacks and BEC, as well… Continue reading Ransomware, Email Compromise Are Top Security Threats While Deepfakes Increase

Buying Cyber Is More Challenging for Businesses as Attacks Proliferate and Costs Rise

Cyberattacks pose risk to creditworthiness

Obtaining or renewing cyber insurance has become costly and time-consuming for many businesses. The cost of cyber insurance has risen in the last year as the number of ransomware hacks and other cyberattacks has increased. Given these realities, insurers are becoming more stringent when it comes to renewing or granting new or additional coverage. They… Continue reading Buying Cyber Is More Challenging for Businesses as Attacks Proliferate and Costs Rise

Zoom Agrees to Historic $85M Payout for Graphic Zoombombing Claims

COVID-19 shelter in place and social distancing in effect. A business colleague working together through internet live streaming, video conferencing, face time, as virtual office work group.

As a result of the Covid-19 pandemic, there was an increase in “zoom-bombing,” in which hackers and pranksters crashed into virtual meetings with abusive messages and imagery. Zoom has now agreed to a “historic” $85 million payout as part of a class-action settlement brought by its users, including church groups who claimed the disruptions traumatized… Continue reading Zoom Agrees to Historic $85M Payout for Graphic Zoombombing Claims

White House Plans 30-Country Meeting on Cyber Crime and Ransomware

Worried Businessman Looking At Laptop With Ransomware Word On The Screen At The Workplace

Top U.S. national security advisers will gather officials from 30 countries this month with plans to combat the growing threat of ransomware and other cyber crime, President Joe Biden said on Friday. An online session hosted by the White House National Security Council will also be aimed at “improving law enforcement collaboration” on issues like… Continue reading White House Plans 30-Country Meeting on Cyber Crime and Ransomware

Microsoft Warns Thousands of Cloud Customers of Exposed Databases

cloud symbol combined with electronic board, concept of cloud computing

Microsoft on Thursday warned thousands of its cloud computing customers, including some of the world’s largest companies, that intruders could have the ability to read, change or even delete their main databases, according to a copy of the email and a cyber security researcher. The vulnerability is in Microsoft Azure’s flagship Cosmos DB database. A… Continue reading Microsoft Warns Thousands of Cloud Customers of Exposed Databases

Schools Brace for More Cyberattacks After Record in 2020

cyber security and K-12

Cyber criminals are targeting U.S. schools at an increasing rate after remote learning during the pandemic left them more vulnerable to hacks, and the risk shows no sign of abating as students and teachers head back to the classroom this month. The number of publicly disclosed computer attacks on schools has exploded since 2016 to… Continue reading Schools Brace for More Cyberattacks After Record in 2020