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How to Protect Your Business from Cybercrime This Holiday Season

The holidays are a time for joy, family, and giving. Unfortunately, they’re also a time for increased cybercrime. According to the FBI and the Cybersecurity and Infrastructure Security Agency, ransomware alone goes up 30% during the holidays. This happens for several reasons, most commonly because long periods of being offline can allow suspicious activity to… Read More »How to Protect Your Business from Cybercrime This Holiday Season

Ransomware Attack Causes Hospital Shutdown

CommonSpirit Health, one of the largest health systems in the country was recently hit with a devastating ransomware attack. The Chicago-based health system operates 142 hospitals and over 2,200 sites of care within 21 states. The attack has caused system interruptions and ongoing IT outages across several states including Nebraska, Tennessee, Texas, Washington, and Iowa.… Read More »Ransomware Attack Causes Hospital Shutdown

Russian Invasion is Redefining the Cyber Insurance Market

Although “Acts of War” are often excluded from insurance policies, cyberwarfare typically exists in a different realm. Even though several insurers have declared cyber attacks by state-sponsored actors as acts of war, a recent court ruling found an insurer liable for losses stemming from the 2017 NotPetya malware attack against pharmaceutical giant Merck & Co. In the landmark decision, Merck & Co was awarded $1.4 billion by the New Jersey court.

Toyota shuts down operations following a suspected cyber-attack by Russia

Toyota suspended all its domestic factories on Tuesday following a cyber-attack that affected the supplier of plastic parts, Kojima Industries Corporation. “Due to a system failure at a domestic supplier (KOJIMA INDUSTRIES CORPORATION), we have decided to suspend the operation of 28 lines at 14 plants in Japan on Tuesday, March 1 (both 1st and 2nd shifts).

Russia-Ukraine conflict takes the hybrid warfare route, U.S. on high alert

Russia inflicted way more destruction on Ukraine than what made the headlines. As Russia continued to invade Ukraine, it simultaneously launched a series of cyberattacks against the country, and the initial targets were Ukrainian banks and government agencies. The newer sanctions by the U.S. and other NATO nations have not been successful in preventing Putin from continuing his invasion.

Four Cybersecurity Trends for 2022

On pace with the spread of the pandemic, cyberattacks exploded across industries in 2021. Hackers took advantage of vulnerabilities in remote work and the continued digitization of business processes to siphon millions of dollars. As we move into the new year, we’re seeing new threats on the horizon, as cybercriminals develop more accessible pathways to launch attacks, race to exploit automated technology, and even prey on the humans who use it.