Pure Storage

MARCH 6, 2024

Changes Continue in Cyber Insurance by Pure Storage Blog An ounce of prevention is worth a pound of cure certainly applies to physical health. Prevention begins with having a robust cybersecurity plan in place, along with sufficient insurance to manage risk. In 2010, cyber insurance premiums totaled a mere $600,000.

Insurance 98

Insurance Insurance Cybersecurity Hospitality 98

Pure Storage

DECEMBER 17, 2024

Once installed, the malware locks critical files and displays a ransom note demanding payment, often in cryptocurrency. Also, cyber insurance premiums have risen dramatically as insurers face increasing claims, further straining budgets. Ransomware attacks surged in 2024, leading to a record $459.8

Security 52

Security Vulnerability Cybersecurity Cyber Resilience 52

NexusTek

OCTOBER 8, 2024

Incident 1: Malicious Web Browser Update A large insurance company with a nationwide presence was the victim of a ransomware attack that began with a social engineering scheme. In late 2021, the company’s employees found that they could not access digital files as usual—the result of a malware infection.

Cybersecurity 98

Cybersecurity Insurance Insurance Backup 98

NexusTek

FEBRUARY 8, 2023

Incident 1: Malicious Web Browser Update A large insurance company with a nationwide presence was the victim of a ransomware attack that began with a social engineering scheme. In late 2021, the company’s employees found that they could not access digital files as usual—the result of a malware infection.

Cybersecurity 98

Cybersecurity Insurance Insurance Backup 98

Pure Storage

SEPTEMBER 16, 2021

They will learn if you have cybersecurity insurance, where from, and how much it’s for. Unsupported operating systems and unpatched software open the door for malware infections and other attacker exploits. Implement multi-factor authentication and admin credential vaulting for all systems. Attackers launch a campaign.

Security 98

Security Vulnerability Malware Authentication 98

Solutions Review

DECEMBER 12, 2024

Cyber Liability insurance will increasingly require a privacy audit. As the number of privacy breaches and privacy violations continues to rise, cyber insurers will demand more thorough privacy programs at underwriting. Attackers can now use AI to generate complex, targeted phishing, deepfakes, and adaptive malware.

Vulnerability 52

Vulnerability Cybersecurity Malware Audit 52

Risk Management Monitor

SEPTEMBER 1, 2022

Whether it is phishing scams or malware, hackers are constantly finding new ways to attack businesses. Other strategies include implementing multi-factor authentication, assigning access permissions to employees and maintaining regular backups. In the age of COVID-19, businesses are more vulnerable than ever.

Cybersecurity 58

Cybersecurity Threat Monitoring Malware Authentication 58