Corvus Risk Insights Index - The Two Main Drivers of Cyber Loss
Source: Corvus Insurance
Feeling ransomware fatigue? Threat actors feel it too. We kid. Unfortunately, ransomware is here for the long run. It’s the most costly and destructive form of attack that we see, and global trends show no letup in activity.
But if you watch trends in cybercrime closely, you’ve likely noticed a shift as of late. At least in the U.S., the air of inexorable growth surrounding ransomware has given way to a more balanced portrait. A tried-and-true tactic, fraudulent funds transfer, has earned more attention, as it has continued to generate substantial losses for organizations.
28%: percentage of Corvus claims related to fraudulent funds transfers, the largest claim category.
48%: percentage of ransomware claims with exfiltration in H1 2022, an all-time high.
Watch CISO Series Podcast LIVE in Clearwater, Florida next Tuesday, January 10th, 2023
Source: David Spark
CISO Series is coming to Clearwater, Florida for our first live in person recording at the Convene conference. We’re going to be the opening night’s entertainment for the event, which will be happening on January 10th, 2023. But the event continues until the next day on January 11th, 2023. David Spark will record al LIVE show for his podcast, The CISO Series, with Hadas Cassorla, CISO, M1 and Kathleen Mullin, CISO, Cancer Treatment Centers of America.
Register below and if you use this link you get 15% off. Discount code of “CISOSERIES” is already applied.
Flaws in Citrix Servers; Netgear Issues Critical Advisory
Source: Data Breach Today
Company Urges Customers to Update Their Devices to the Latest Firmware. Researchers uncovered thousands of Citrix servers that are vulnerable to two critical flaws, one of which is being actively exploited by nation-state hackers. Netgear also warned its customers about a denial-of-service vulnerability affecting some of its devices.
Phishing, ransomware continue to hinder email security through 2022
Source: SC Media
In 2022, security practitioners struggled to address the growing attack surface created by their rapid push to remote work and cloud-based operations during the previous two years. Cyber criminals exploited new vulnerabilities — including those introduced by the growing use of third-party software — to launch ransomware and other attacks.
Vulnerability management strategies evolve in 2022 as supply chain risk grows
Source: SC Media
In 2022, security practitioners struggled to address the growing attack surface created by their rapid push to remote work and cloud-based operations during the previous two years. Cyber criminals exploited new vulnerabilities – including those introduced by the growing use of third-party software – to launch ransomware and other attacks.