Ransomware: Number One Cyber Insurance Claim

SecureWorld News

Trends of cyber insurance claims for 2020. Coalition, a cyber insurance company, recently released a report detailing the categories of cyber attacks as well as the cause behind the attacks for the first half of 2020. 4 key takeaways from cyber insurance industry report.

Middle East insurance broker migrates backup to the cloud

Computer Weekly

Middle East finance firm is increasingly moving to the cloud as the business grows

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HIPPA and Ransomware in the Healthcare Sector: “Your PHI or your life”

CTOvision

From a HHS blog post: To help health care entities better understand and respond to the threat of ransomware, the HHS Office for Civil Rights has released new Health Insurance Portability and Accountability Act (HIPAA) guidance on ransomware. Maintaining an overall contingency plan that includes disaster recovery, emergency operations, frequent data backups, and test restorations. CTO Cyber Security Health IT News Health Insurance Portability and Accountability Act

CIOs Help Banks Prepare For The End Of The World

The Accidental Successful CIO

These two agencies are the Federal Reserve and the Federal Deposit Insurance Corp. The FDIC insures customer deposits which means that customers won’t lose their money in the case of a bank failure. Banks that take part in the Sheltered Harbor program have to follow guidelines on formatting financial data, creating what is being called a backup vault, and agreeing to participate in audits. CIOs have to be able to anticipate the worst Image Credit: josef.stuefer.

SeanDaniel.com [tech]: Online Backup using CloudBerry Labs for.

Sean Daniel

Online Backup using CloudBerry Labs for Windows Home Server. I naturally have a built in backup set up to back up to a 1TB USB hard drive. Thankfully I haven’t had any yet, even though hard drive failure is the leading cause of data loss: So, as it turns out, I’m not at all worried about disk failure, I’m totally covered there with duplicate through Home Server’s Drive Extender, and my bi-monthly backup. Enter CloudBerry Labs Backup. Backup. (14).

6 Ways to Defend Against a Ransomware Attack

CEB IT

to insurance providers in the Middle East, ransomware attackers are proving to be a continuing cybersecurity threat. Maintain frequent and reliable backup and recovery capabilities. If online backups are used, ensure that they cannot become encrypted by ransomware.

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SeanDaniel.com [tech]: Online Backup using Proxure's KeepVault.

Sean Daniel

Online Backup using Proxure’s KeepVault for Windows Home Server 2011 and Windows Small Business Server 2011. When using Windows Home Server v1, I had found an Online Backup solution that I previously reviewed on this blog. Simply click on the Order a KeepVault Backup for Windows Home Server Subscription Now button and sign up. If you generate one yourself, you have a risk that you forget your key and now your cloud backup is useless. Local Backup to UNC share.

Best Online Security Tips From an I.T Point of View

Galido

Many businesses choose to use the 3-2-1 backup strategy. Your final line of defense should always be online security insurance, designed to reimburse you in the event of a malicious attack. Backups Information Technology Blog - Featured Security Tech Blogs Tips & TricksInformation Technology Blog - - Best Online Security Tips From an I.T Point of View - Information Technology Blog.

Online Schools Company Pays Hacker Ransom

SecureWorld News

We carry insurance, including cyber insurance, which we believe to be commensurate with our size and the nature of our operations. Number one, we're going to want to think about the viability of the backups? Not only do we have backups but also have we tested them?

Higher Ed Ransomware Attack: University Pays Hackers $450,000

SecureWorld News

The ISO assisted the college in restoring locally managed IT services and systems from backup copies. The University had servers encrypted but restored the systems and the access from backups. And number one is cyber insurance.

Ransomware Attack Hits Carnival Cruise Corporation: What We Know

SecureWorld News

Ransomware attacks: another argument for cyber insurance? Business interruption, loss of revenue and reputational damages are all financial burdens that cyber insurance can provide relief for. And number one is cyber insurance.

Top 10 Quotes About Cloud Security

SecureWorld News

And that's just good, regular backups of data. Storing backups off site is number two because we find that a lot of backups that are in the cloud are still being hit. And part of that is going to be your cyber liability insurance.

Garmin Still Won’t Say “Ransomware Attack”

SecureWorld News

Did the company restore from backups? Did it hire a ransomware recovery firm to act as a middleman or perhaps its insurance policy paid a ransom? SecureWorld has some updates about Garmin's recent cyberattack. First: The incident was a ransomware attack.

Fed Tech News Roundup 8 July 2015

CTOvision

A new era of Enterprise Content Management (ECM) CTOvision (Today) - AIIM’s CEO John Mancini explains why ECM is getting ready for the next generation Enterprises have rushed to embrace the cloud, driven by mobile and the Internet of Things (IoT), MSPB suffers IT failure, says hack is not to blame - FCW.com FCW (Today) - FCW.comMSPB suffers IT failure, says hack is not to blameFCW.comEfforts are underway to recover data from backup tapes.

Everything About Updating iOS 14 And iPhone Update Issues

TechnoBezz

Before you start updating iOS 14 on your iPhone, don’t forget to backup your data. Foremost if you have backup your iPhone data earlier. Updating iOS 14 is not only about getting a security patch.

Ransomware Attacks on Schools: 'Dirty, Rotten Scoundrels' Stop Online Learning

SecureWorld News

Athens ISD does have insurance coverage for cyberattacks and a claim is being processed. "We School districts across the United States are back in session. But this fall, most of the students are sitting in virtual class.

7 technologies that CIOs can’t ignore in 2021

mrc's Cup of Joe Blog

Cloud storage and backup. As data volumes grow, so does the need for efficient storage and backup. “In To succeed in this data-intensive reality, organizations need an efficient way to expand their storage needs while improving their data backup and recovery.”.

The Biggest Myths Surrounding Disaster Recovery : spf13.com

SPF13

Disaster Recovery Plans Are like an Insurance Policy that Never Gets Used. They believe disaster recovery is a sunk cost similar to a car insurance policy of someone who never gets an accident. backup. by Steve Francia. talks. share. Twitter. Facebook. Google+. LinkedIn. Delicious. Reddit. StumbleUpon. sharing is caring. follow. Twitter. Facebook. LinkedIn. GitHub. Google+. SlideShare. join 10k+ subscribers & followers. The Biggest Myths Surrounding Disaster Recovery.

Waymo?s robot minivans are ready to roll in the Bay Area for the first time since COVID-19 outbreak

The Verge

Waymo’s backup drivers are employed by Transdev North America , which provides bus drivers, streetcar conductors, and other transportation workers to airports and cities. Only a certain number of backup drivers have been trained to ride in Waymo’s autonomous vehicles by themselves. Backup drivers who will be returning to work are required to complete training sessions, including social distancing and disinfection guidelines.

A Driverless Future: Preparing for a Massive Vehicle Disruption

Perficient - Digital Transformation

At the moment, there will be backup humans, should something go wrong, but if the driverless car becomes ubiquitous, this will put over 150,000 Uber drivers out of a job. What about insurance companies? In March 2011, Sebastian Thrun, who was the founder of Google[X], did a Ted talk where he spoke about the passion he has for self-driving cars. You can watch the full video below, but he starts his talk with the one moment, in 2009, that changed the direction of his life.

Incident Response Plan | Roadmap to Securing Your Infrastructure

Linux Academy

We can always just restore from a backup and be up and running in a few hours. They are to document all actions that took place during the incident in case insurance or any legal actions come into play. Great to have you back for this week’s discussion on incident response plans. Take a moment to read the below transcript from a recent call from an end user to the IT department: IT: IT — how may I help you? User: I think I just opened a file I shouldn’t have.

How Should CIOs Handle Data From Employee?s Wearables?

The Accidental Successful CIO

We set up databases, we create backup programs, and we create processes for acquiring, cleaning, storing, and eventually discarding data because we understand the importance of information technology. Additionally, insurers will now be able to track employee’s key health indicators and their daily habits. More data is always better, but what if it’s personal data? Image Credit: Timo Newton-Syms Follow.

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Negotiating with Ransomware Gangs: What's It Really Like?

SecureWorld News

Now that some companies have managed to avoid paying ransom by restoring from backup, the gangs have upped their game. In the opus side, the private sector (including insurance companies) have stepped up, becoming remarkably inventive.

What is the Difference Between Business Continuity & Disaster Recovery?

Galido

The Payment Card Security Standards Council and the Federal Deposit Insurance Corporation are perhaps the best examples of industry-specific standards that champion for disaster management. Examples of alternatives are data backups, emergency company locations, and reserve administrative rights. Do you have a backup plan such as a data center located offsite to help with recovery of information when an attack occurs?

Military Tips On Business Resiliency

Cloud Musings

This is especially important for small and medium sized businesses because according to Tim Francis, enterprise leader for cyber insurance for Travelers, 60% of all cyberattacks in 2014 struck small to medium-sized businesses. Photo credit: Shutterstock A steel bar is resistant to stress and is capable of maintaining its form while bearing large loads.

InfoSec Policies and Standards: Some strategic context for those just diving into this world

CTOvision

Backup Policy. The Health Insurance Portability and Accountability Act ( HIPAA ). By Albert Fruz. Organizations are giving more priority to development of information security policies, as protecting their assets is one of the prominent things that needs to be considered. Lack of clarity in InfoSec policies can lead to catastrophic damages which cannot be recovered. So an organization makes different strategies in implementing a security policy successfully.

Tackling Total Cost of Ownership

CIO Dashboard

Backup/Recovery. Insurance. One of our insurance clients introduced new CRM and lead management systems but paid little attention to user adoption sensitivity. Guest post by Sean Sell. Total Cost of Ownership (TCO) analysis is intended to determine the lifetime costs of acquiring, operating, and changing something. It is primarily used to make apples to apples comparisons in large capital investments, and, if done properly, can bring out hidden costs of ownership.

Questions About The Cloud That Every CIO Should Be Asking

The Accidental Successful CIO

What this means for you is that you always have to have a backup plan – where would you go if your vendor went away. Minimize the chances of this happening to you by taking the time before you sign a contract to fully check out your vendor and make sure that they carry insurance. Everyone likes clouds, but what questions should you be asking about them? Image Credit. I like clouds, you like clouds, everyone likes clouds.

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'Catastrophic' Storage Failure Slows Oregon Jobless Checks » Data.

Data Center Knowledge

The delay caused backups in the Oregon Employment Department’s processing of unemployment insurance payments and claims, state officials said. About DCK. Advertise. Subscribe. Events. Downtime. ‘Catastrophic’ Storage Failure Slows Oregon Jobless Checks. ‘Catastrophic’ Storage Failure Slows Oregon Jobless Checks. By: Rich Miller July 16th, 2013. Tweet.

How You Can Strengthen Your Business Continuity Plan

ITGCT

Consider off-site data backups and virtual servers that run the applications you need. Insurance cannot replace some types of losses; to make sure you’re covered on all fronts, take the time to strengthen and regularly test your plan. As a leader in your organization, you understand why you need a business continuity plan: to keep your team productive during operational disruptions and to guard against lost revenue and damage to your reputation.

Big Data: The Hadoop Business Case

CTOvision

Many organizations have purpose-built solutions for asking business intelligence questions, providing disaster recovery/backup, etc., In the case of healthcare specifically, the Health Insurance Portability and Accountability Act (HIPAA) Privacy Rule, released in 2003, governs the use and disclosure of protected health information (PHI). By Jeremy Glesner. Since the birth of Hadoop in 2005-06, the way we think about storing and processing information has evolved considerably.

Law Firm to the Stars Hit by Ransomware Attack

SecureWorld News

If the law firm had cyber insurance, the policy may cover part of a ransom payment. When Florida cities paid more than a million dollars to ransomware operators in 2019, insurance covered most of it. This type of policy is a savior for ransomware victims and a boon for cybercriminals who have an easier time collecting if insurance will pay for it. The company says we're not going to pay the ransom, or we've got the backups.

7 challenges facing CIOs and IT leaders in 2020

mrc's Cup of Joe Blog

We will see organizations taking advantage of highly-available solutions, such as hyperconvergence and edge computing, that allow them to not only keep up with changing consumer demands, but deploy the most effective cyber defences, disaster recovery, and backup. Next, take the three-step plan to protect against ransomware that is outlined in this article : Cybersecurity measures, backups, and education.

Six apps that help you stick to a budget

The Verge

I had a backup, so I wasn’t in much trouble — except I decided I didn’t want to be dependent on a backup.

When senior citizens are the early adopters

The Verge

A wearable that monitors location and can call for help is a valuable backup if someone slips or has health trouble. “If The bracelet, and it’s call button, are there as a backup if she gets turned around. “We

Ownership Issues - A Screw's Loose

A Screw's Loose

There are ways to backup your data and protect it so you can handle legal investigations and meet the needs of legal, security and human resources. The lawyers and insurance people came in. The BYOD have to carry liability insurance equal to the value of the data (that would be $50 million in our case… and we are a small-ish company) and they have to sign a contract that has sever financial penalties for data leaks or compliance failures. About. Standard Disclaimer.

Fountainhead: Profiling questions nobody's asking re: cloud.

Fountainhead

M Apps where demand is highly counter-cyclical with other applications In other words, if an application runs out-of-phase with other apps in-house (say, backup apps that run in the middle of the night when other apps are quiescent) then it might make sense to keep in-house. Going to the cloud also provides some insurance that if (for whatever reason) compute demand increases, you have flexibility to respond. skip to main | skip to sidebar. Fountainhead.

SeanDaniel.com [tech]: Start your day with sip of coffee and byte of.

Sean Daniel

1 comment: Small Business Insurance. Backup. (14). Online Backup. (5). Backup. Online Backup. SeanDaniel.com [tech]. Technology Tips, Tricks & News Home | Technical Blog |. Photo Blog | E-Mail Me. Monday, March 08, 2010. Start your day with sip of coffee and byte of technology. Microsoft and HP have been bringing technology solutions to small business customers since before most people ever heard of a latte. Things change fast in our industry.

SMB 50

Windows Small Business Server 2011 Essentials - SeanDaniel.com

Sean Daniel

Most importantly it has enabled me to do some of my work from home, a big plus for my family ” Seth Feist, from Northwest Insurance Brokers , who says, “ Being able to monitor all the desktops and laptops from one machine is great. Backup. (14). Online Backup. (5). Backup. Online Backup. Using the KeepVault Connector to backup Roaming Cl. SeanDaniel.com [tech]. Technology Tips, Tricks & News Home | Technical Blog |. Photo Blog | E-Mail Me.