Analysis – Page 8
-
AnalysisInsurer CNA hit by cyber attack
The insurer, which underwrites cyber insurance via subsidiary CNA Hardy, said the “sophisticated” attack on 21 March caused network disruption
-
AnalysisCyber: Ransom payments jumped 171% in 2020
Healthcare organisations were most targeted while the rise of ’double extortion’ has fuelled ransomware losses
-
AnalysisInsurers complicit in ransomware rise - warning
Insurers are inadvertently funding organised crime by covering ransom payments, says former NCSC chief
-
AnalysisInternal failures drive cyber claims frequency
Business interruption is the main cost driver behind cyber losses, accounting for around 60% of the value of all claims - AGCS
-
AnalysisGlobal ransomware attacks rise 110% in September
Overall, there was a 40% rise in ransomware attacks in the first three quarters of 2020 compared to the same period last year
-
AnalysisCOVID-19 creating “ideal conditions” for ransomware
CyberCube warns that organised criminals and hackers are moving away from “high volume, low-value” methods of attack
-
AnalysisRansomware attacks on cities are rising – authorities must stop paying out
A ransomware campaign that targeted 23 US cities across Texas has raised serious concerns about the vulnerability of local governments and public services to cyber-attacks, writes David S. Wall, professor of Criminology, University of Leeds
-
AnalysisRansomware could displace data theft as leading cyber risk
Ransomware attacks are becoming more targeted, with greater ransoms being sought
-
AnalysisRansomware: how do kidnap policies and cyber insurance compare?
Cyber attackers might use ransomware to threaten and demand different things, with differing consequences for claiming with a cyber or K&R policy
-
AnalysisRansomware attacks quadruple in 2016 and expected to double in 2017
Research also reveals companies’ most vulnerable times of year
-
AnalysisConfidence in cyber security drops amid rise in ransomware attacks
Once attacked, organisations experience an average of six attacks a year
-
AnalysisRansomware attacks more than doubled in 2015 – Beazley
Specialist insurer expects 250% increase in ransomware attacks in 2016
-
AnalysisThe next big cyber threat will come in the form of ransomware
Ransomware – whereby criminals steal data and threaten to destroy it unless demands for money are met – is a key strategy for hackers, but risk managers can take steps to prevent such attacks Part of a technology risks series supported by
