Pay the Computer Ransom? – 94% get their data back

The State of Ransomware 2020 global study conducted earlier this year on behalf of Sophos and reported this week in its blog found that organizations that decide to pay the ransom to get their data back, do so in 94% of cases. The research questioned 5,000 IT managers from 26 countries (500 from the US … Continue reading Pay the Computer Ransom? – 94% get their data back

Is your Cyber Insurance Policy Worth the Paper It’s Printed On?

{Also posted at cyber.pabar.org} Cyber insurance policies are now standard procedure for companies seeking to shift some risk in case of malware attacks and cyber hacks. In a test of the developing cyber insurance industry, Zurich America Insurance Company is reportedly refusing to pay out a $100 million claim from consumer packaged good company Mondelez, which … Continue reading Is your Cyber Insurance Policy Worth the Paper It’s Printed On?

New FTC Website Helps Small Businesses Avoid Scams and Cyber Attacks

Attacks can be especially devastating to small businesses; FTC provides information on how businesses can protect themselves At the direction of Acting Chairman Maureen Ohlhausen, the Federal Trade Commission (FTC) has launched a new website – ftc.gov/SmallBusiness – with articles, videos, and other information aimed at helping small business owners avoid scams and protect their computers and networks from cyberattacks … Continue reading New FTC Website Helps Small Businesses Avoid Scams and Cyber Attacks