Is Cybersecurity Insurance For Me? What To Know

The pandemic provided a catalyst for cyberattacks to spike in ways that had yet to be seen. According to a report by the Identity Theft Resource Center, when compared to the last quarter of 2020, the number of cybercrime victims is up 564% so far this year. For the right person or business, cybersecurity insurance can make a lot of sense. Help with recovering from a cyberattack is something everyone can use, especially with the chaos and financial losses that can follow. READ FULL STORY

Phony Voicemail Links Steal Employee Credentials From Office 365 And Outlook Users

Most of us know phishing emails and fake texts are a hacker’s calling card for stealing valuable PII. But recently, researchers at Zscaler cloud security sounded the alarm about an unusual malware campaign using voicemail-themed email phishing as the primary hook for cyberattacks. It’s only after Zscaler fell victim to this campaign that the company felt compelled to study it further. Zscaler finds this cybercrime targets employees in the U.S. using Microsoft Office 365 and the Outlook email service. READ FULL STORY

The SMB Catch-22: Provide Cybersecurity Now Or Pay Later

If you’re a small-to-medium-size business (SMB) you know there are tough decisions to make about your company’s cybersecurity — or lack of it. You know resources are tight, and making room in a budget for adequate security just isn’t in the cards. Of course, crossing your fingers is free until the unthinkable happens. It’s important to know that SMBs are just as big a target for hackers as are mega corporations. So, the question is: do you provide cybersecurity up front or pay to recuperate after an attack? READ FULL STORY

One Third of US Might Be Impacted By Massive Healthcare Breach

It’s called PHI, or protected health information, and a recent ransomware attack that put valuable data at high risk of public exposure. Change Healthcare, a subsidiary of insurance titan UnitedHealth Group, was the target of such an attack. The company provides its services to a massive number of hospitals, doctors, and pharmacies across the U.S., involving untold amounts of PHI belonging to roughly half of all Americans. Although the company was not quick to inform customers as to exactly what was compromised, there are common elements collected as part of patient PHI including SSN, birthdate, and medical conditions and treatments. READ FULL STORY

A PHI Security Epidemic! Healthcare Ransomware Attacks Threat To Patients

It’s no secret that in the U.S., cybercriminals placed a bullseye on healthcare systems and the sensitive patient data they hold. A recent study from the Journal of the American Medical Association (JAMA) shows over a five-year period, nearly 42 million patients had their PHI (Protected Health Information) compromised by ransomware attacks. This previously unprecedented number of victims makes PHI security more important now than ever before. READ FULL STORY