German finance regulator BaFin on Monday warned consumers that the malware known as "Godfather," which re...
Crisis incidents in Europe grow at rapid pace
Europe accounted for the most of crisis incidents globally in 2022, largely driven by political repatriations arising from the Ukraine war...
Europe accounted for the most of crisis incidents globally in 2022, largely driven by political repatriations arising from the Ukraine war...
PR / 16 days ago
Kidnap and ransom risk on the rise
It may have been thought that the risk of kidnapping fell as a result of the pandemic lockdowns. But kidnapping has been on the increase in recent years...
It may have been thought that the risk of kidnapping fell as a result of the pandemic lockdowns. But kidnapping has been on the increase in recent years...
Article / 1 month ago
Government must avoid banning ransomware payments say insurers - TS
Two UK insurance associations representing hundreds of blue chip insurers say the government “must avoid a ban on ransomware payments”...
Two UK insurance associations representing hundreds of blue chip insurers say the government “must avoid a ban on ransomware payments”...
Article / 2 months ago
FBI has seized website used by notorious ransomware gang - CNN
The FBI has seized a website that a notorious ransomware gang, which has extorted more than $100 million from victim organizations, has used to shame its victims...
The FBI has seized a website that a notorious ransomware gang, which has extorted more than $100 million from victim organizations, has used to shame its victims...
edition.cnn.com /
Article / 2 months ago
Manifesto commitment to cyber risk cements CFC as BIBA’s go-to cyber insurance provider for UK brokers
Hot on the heels of the publication of its new guide to cyber insurance, the British Insurance Brokers’ Association (BIBA) is urging brokers and businesses alike to take advantage of the market leading protection and support provided by its cyber insurance scheme provider of 20 years, CFC...
Hot on the heels of the publication of its new guide to cyber insurance, the British Insurance Brokers’ Association (BIBA) is urging brokers and businesses alike to take advantage of the market leading protection and support provided by its cyber insurance scheme provider of 20 years, CFC...
PR / 2 months ago
Fewer Companies Are Paying Ransoms to Hackers, Researchers Say
Fewer companies that are infected with ransomware are coughing up extortion payments demanded by hackers, according to new research from Chainalysis Inc....
Fewer companies that are infected with ransomware are coughing up extortion payments demanded by hackers, according to new research from Chainalysis Inc....
Article / 2 months ago
Ransomware Payments Fall by 40% in 2022 - Infosecurity
Ransomware payments fell by over 40% in 2022 compared to 2021, with victim organizations increasingly reluctant to pay their extorters, according to new findings by...
Ransomware payments fell by over 40% in 2022 compared to 2021, with victim organizations increasingly reluctant to pay their extorters, according to new findings by...
infosecurity-magazine.com /
Article / 2 months ago
Cyber claims case study: Vulnerable VPN
Hackers access a bank's system through a vulnerable VPN, holding data for ransom...
Hackers access a bank's system through a vulnerable VPN, holding data for ransom...
Article / 2 months ago
Does Your Cyber Insurance Policy Cover a Ransomware Attack? - JDSupra
Some policyholders mistakenly assume that all cyber insurance policies provide coverage for much the same type of losses. But unlike many other types...
Some policyholders mistakenly assume that all cyber insurance policies provide coverage for much the same type of losses. But unlike many other types...
jdsupra.com /
Article / 2 months ago
Insurers may gain from Royal Mail cyber woes - Actuarial Post
Royal Mail’s cyber incident provides opportunities for insurers like Axis, Axa, Beazley and Hiscox that have pioneered speciality cyber insurance cover, believes Bloomberg Intelligence. Defence...
Royal Mail’s cyber incident provides opportunities for insurers like Axis, Axa, Beazley and Hiscox that have pioneered speciality cyber insurance cover, believes Bloomberg Intelligence. Defence...
actuarialpost.co.uk /
Article / 2 months ago