All ransomware articles
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Features
Research shows that prevention works when it comes to ransomware attacks
Just two years ago, ransomware was crippling organisations to the tune of millions of dollars. Today, risk management can cautiously celebrate, having reduced the severity and number of claims. But with a new wave of attacks likely around the corner, it’s not quite game over.
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Analysis
The average bot attack costs a company $85.6m - here’s how to defend yourself
New research reveals bot attacks cost companies the equivalent of over 50 ransomware payouts every year while remaining undetected for four months. Here’s how to protect your business
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Analysis
Risk briefing: double extortion ransomware explained
As ransomware attacks continue to hit headlines, StrategicRisk spoke to Andrew Hollister, CISO at LogRhythm, about how risk managers can tackle the threats
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Opinion
Four steps to reducing cyber risk vulnerabilities
Alpha Diallo, senior manager of security at Resilience, shares the top four tactics that risk managers can employ to reduce the likelihood of a successful cyber attack on their organisations
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Opinion
Tackling the risks of double extortion ransomware
Double extortion ransomware is on the rise, and risk managers should be worried. Chris Harris, EMEA technical associate vice president, data security at Thales, explores how to manage and mitigate these emerging threats
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Analysis
Airmic 2023: Break down siloes - or else
Geopolitical chaos is causing significant cyber and supply chain exposures for organisations. To effectively manage the threats, risk managers must focus on breaking down siloes
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Case Studies
Case study: reacting to a ransomware attack
An inside view of how one company deals with ransomware attacks and what risk managers can learn from their approach
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Analysis
SMEs more exposed to cyber-attacks as resilience grows, finds BCI
Phishing and spear phishing remain the most frequent form of cyber-attack, but ransomware is ranked second most disruptive
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Analysis
Cyber expert shares top 10 social engineering techniques
The watering hole, piggybacking, dumpster diving, and other social engineering attacks threatening employees
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Interviews
Ransomware is a ‘potential wrecking ball’ for businesses
Reports suggest that the UK’s Royal Mail has refused to pay its $80m ransom to cybercriminals LockBit
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Analysis
Potential targets warned in VMware ransomware campaign
The majority of impacted ESXi servers are in France and Germany with at least a dozen universities impacted
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Analysis
Ransomware: UK, Germany and France among most attacked nations
Construction was the most targeted sector overall with critical infrastructure affected in just over half of the attacks
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Analysis
Beazley reveals 13% rise in cyber fraud claims
Organisations must get smarter about educating employees to spot fraudulent tactics
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Analysis
Governments under attack as cyber threat grows
Russia’s use of cyber warfare in Ukraine to supplement its traditional war machine was among the most damaging in 2022
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Analysis
Data of millions of JD Sports customers breached in cyber attack
The group has apologised to customers, calling on them to be ‘vigilant’ to the risk of fraud and phishing attacks
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Opinion
What is concentration risk in technology?
From supply chains to software: Why you could be unknowingly putting all your eggs in one basket
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Analysis
Cyber war endorsements could invite innovation
Credentials stolen via phishing remains the most common cyber attack vector for businesses
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Analysis
EU introduces raft of cyber legislation amid ‘red tape’ warnings
Latest ransomware victims include a German children’s food manufacturer and a global Tier1 automotive supplier
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Analysis
Royal Mail ‘cyber incident’ causes widespread disruption
Ransomware attacks have risen sharply since Russia’s 2022 invasion of Ukraine
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Analysis
Cyber will be the biggest risk code for Lloyd’s in 2023
CFC’s chief underwriting officer says cyber insurance has ’had to grow up’, but balancing regulation and value propositions is tricky