Remove Insurance Remove Malware Remove Transportation
article thumbnail

What Is Cyber Extortion? Tips for Securing Your Data

Pure Storage

Once installed, the malware locks critical files and displays a ransom note demanding payment, often in cryptocurrency. Threats against Critical Infrastructure Attackers often target essential servicessuch as power grids, water supplies, or transportation systemsthreatening severe disruption unless paid. million paid to cybercriminals.

article thumbnail

Data Protection Predictions from Experts for 2025

Solutions Review

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

33 Data Privacy Week Comments from Industry Experts in 2023

Solutions Review

Data is being created and flowing not just from our business endeavors, but countless personal interactions we make every day – whether we are hosting an online conference, making an online purchase, or using a third party for ride-hailing, food delivery, or package transport. Unfortunately however, today that just isn’t enough.

Backup 116
article thumbnail

CrowdStrike: Lessons on the Importance of Contracts, Insurance and Business Continuity

IT Governance BC

According to Parametrix , an insurance company specialising in Cloud outages, cyber insurance policies likely cover up to 10–20% of losses only. Then there’s insurance. What if they can’t get to the location due to a transport issue? In just a few days, between 18 and 22 July, CrowdStrike ($CRWD) lost 23.1%

article thumbnail

Data Privacy Week 2024: The Definitive Roundup of Expert Quotes

Solutions Review

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. And when a phishing attack succeeds, the cybercriminals capture private data, personal information, company data, or they may even install malware directly onto the device to facilitate ongoing attacks.

article thumbnail

Data Privacy Awareness Month 2024: Roundup of Expert Quotes

Solutions Review

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. And when a phishing attack succeeds, the cybercriminals capture private data, personal information, company data, or they may even install malware directly onto the device to facilitate ongoing attacks.

article thumbnail

Data Privacy Day 2024: The Definitive Roundup of Expert Quotes

Solutions Review

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. And when a phishing attack succeeds, the cybercriminals capture private data, personal information, company data, or they may even install malware directly onto the device to facilitate ongoing attacks.