When companies lose access to their data, cybercriminals will demand a ransomware settlement. The problem is that this fee can quickly add up. In 2021, for example, hackers hit the US Colonial Pipeline, causing it to shut down and strand fuel in a crisis. It settled …
Companies must interface with insurers immediately and request consent or authorization to engage incident response firms and other consultants. Most cyber liability policies require such notification and approval. Some observe that cybercriminals are preferentially targeting companies with insurance, leveraging the fact that they know the company …
In the world of cybercrime, information theft and ransomware attack are two fast-growing components. If businesses don’t incorporate precautionary measures, their business infrastructure can be filtered, disturbed, and destroyed. Businesses that are affected by cybercrimes rarely recover from the attacks, and, eventually, they have no other option but …
Recent Virus/Malware Attacks One major concern these days is computer security. After the recent Wannacry ransomware attacks, organizations were hit badly. A second ransomware attack, Petya, came to ruin PC experience as well. Fortunately, there are ways to keep your computer patched and updated with security …