by Kelli Young | Mar 7, 2022 | Cyber Liability Insurance
In 2020, Blackbaud—a cloud software company that services a range of health care organizations, educational institutions and other nonprofits across North America and the United Kingdom—was targeted in a ransomware attack. Although Blackbaud provided the cybercriminal...
by Kelli Young | Feb 21, 2022 | Cyber Liability Insurance
From 2019 to 2021, ransomware attacks in manufacturing doubled, making it the most commonly targeted industry in 2020 and 2021, according to Advisen loss data. Advisen’s loss database contains 3,415 ransomware attacks and 189 ransomware attacks in manufacturing. The...
by Kelli Young | Feb 14, 2022 | Cyber Liability Insurance
Double extortion ransomware attacks follow a similar protocol to that of a typical ransomware attack. But, they come with an extra threat: The victim must pay a ransom not only to regain access to their technology and data, but also to keep that data from being...
by Kelli Young | Feb 7, 2022 | Cyber Liability Insurance
Much of the cyber turmoil (or cyberdemic) that plagued the world in 2021 will continue into 2022, with individuals remaining the top source of risk in an irrevocably online society, according to Experian’s annual Data Breach Industry Forecast for 2022. “In a sense,...
by Kelli Young | Jan 24, 2022 | Cyber Liability Insurance
The COVID-19 pandemic has greatly changed how employees across the country work and live. That is, the past year saw a substantial proportion of the workforce transition to remote operations. Looking ahead, a recent study found that the majority of remote employees...
by Kelli Young | Jan 17, 2022 | Cyber Liability Insurance
Research Shows Malicious Document Downloads Are Surging Using malicious software—also called malware—to compromise a victim’s data or technology is one of the most common cyberattack methods. Malware is typically triggered by clicking on the deceptive links or...
