How Malware Works and Recent Examples For those who still think that ransomware atackst are the most malicious of all cyberattacks, it should be noted that the recent changes made due to wiper malware have made this threat more dangerous. With ransomware, one can at least retrieve the encrypted file after negotiations. However, the primary […]
Vulnerabilities of Legacy Systems: A Major Healthcare Cybersecurity Challenge The risk of cybersecurity in healthcare shows no sign of ceasing. One recent example is a hospital cyberttack at a Canadian healthcare entity that compromised data dating back to decades. Medical records are a preferred target for cybercriminals since they contain a lot of sensitive data. […]
Organizations nowadays face new challenges, with cyber insurers increasing rates in the face of a rise in expensive hacks. Insurers substantially raised premiums for cyber coverage during 2021 owing to a row of high-profile cyber attacks. As per recent reports, a cyberattack takes place every 11 seconds today, and by 2031 this ratio may worsen, […]
Cyber Risks posing threat to financial services and banking firms: How they can respond? Cybercriminals grow both in number and sophistication. Nowadays, every business is a potential victim of cybercrime. Cyber attackers generally target based on two parameters: maximum revenue and maximum impact. With the accumulating data on global cybercrime, the financial services industry has […]
Most businesses would have insurance policies safeguarding their assets to protect them from liability if anything happens to their staff and customers. However, these policies generally concentrate on the physical aspect and often fail to encompass the problem caused due to cyberattack. Cyber insurance is an insurance that specifically safeguards an organization from liability caused […]
