Cyber Security Blog

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The damage caused by ransomware worldwide in 2021 amounts to around 20 billion US dollars. This is an increase of around 5,700% compared to 2015 - and the trend is still rising. Companies that do not take care of the necessary in-house IT security in good time therefore run the risk of falling victim to these attacks sooner or later and, in the worst case, suffering losses in the millions. The attackers do not "discriminate": public institutions are attacked just as much as privately managed companies or companies listed on the stock exchange. Virtually every sector is affected, from skilled trades and industry to the financial and technology sectors.

A recent study shows: Attacks on the software supply chain are particularly lucrative for cybercriminals. A single hack within the supply chain is enough to infect several thousand companies with malware in one go. So it's no wonder that the criminal business with attacks on software components is booming - not least because supply chain security is often neglected. It would be very easy to close the security gaps with innovative solutions.

Cyber criminals have no industry boundaries. Even companies with a good IT security department can be affected by a cyber attack. What to do if it is successful? Experts use the term "incident response readiness" to summarize how to react appropriately in an emergency. Our article contains important first aid measures. It also shows how you can prepare your company to keep damage to a minimum in the event of a hacker attack. After all, a long-term and well thought-out strategy against cyber attacks pays off for all company stakeholders.

Cyber security experts are loners who sit in front of their computers all day in hoodies in darkened rooms, hacking lines of code upon lines of code into the keyboard, have no social life (and don't want one either) - the common opinion about working in cyber security teams is full of prejudices. The cliché from Hollywood movies, however, has little to do with reality.

Premiums for cyber insurance currently know only one direction: up. More criminal activity, an increased proportion of home office workers and the Corona pandemic have driven up premiums for what should be essential cyber insurance. According to an industry analysis, cyber insurance in the U.S. market saw a 130% price increase in 2021. For many small and medium-sized businesses, the premiums are barely affordable - or are no longer insured by providers in the first place. With ACD, the "Active Cyber Defense", there is an equally efficient and affordable alternative for reliable protection against cyber attacks. In this article, you will learn how companies can be protected against potential attacks in the best possible way, even without existing insurance coverage.

The Conti gang is one of the world's most notorious, because most successful, hacker groups. With its ransomware-as-a-service business model, Conti provides cybercriminals with toolkits, instructions, and infrastructure - in short, all the accessories needed to extort ransom in the digital age. With the start of the Russian war of aggression on Ukraine, the Conti gang sided with the Russian aggressors - which apparently caused internal displeasure. At the end of February, data was leaked that provided unusually deep insights into the structures and daily routine of the ransomware group.

Securing the online banking account, the e-mail inbox or access to the corporate cloud with a password is no longer sufficient given the current threat situation. MFA, multi-factor authentication, is a much more secure alternative for protecting sensitive areas. With MFA, two or even more credentials, so-called factors, are combined. But how exactly does multi-factor authentication work - and why should you also rely on this secure procedure? This article provides the answers.