Global data protection regulations (new or updated) are being enforced aggressively, resulting in a tsunami of hefty fines and penalties handed out to violators. The majority of these violations are a result of the failure to conduct regular risk assessments, which form an integral part of the ‘appropriate measures’ a business must take to ensure information security.

As the world increasingly moves online, so do the risks to our businesses. Cyber insurance is one way to help your business recover following a cyberattack. It covers financial losses caused by events such as data breaches, cyber theft, ransomware and more.

Today with cyberattacks surging due to widespread remote work and increased online interactions during the pandemic, it seems likely that this trend will only continue to grow further.

To give some statistics about 85% of breaches involved a human element in 2021. Additionally, 36% of breaches involved phishing attacks while ransomware attacks contributed to 10% of attacks.

Rapid technological advancement and rising global connectivity are reshaping the way the world is functioning. From higher productivity to improved customer satisfaction, technology has played a critical role in the growth of businesses across the world.

Don’t know what Ryuk ransomware is and where they are from? Don’t worry, Xact IT has some solutions on how to deal with particular ransomware, even if you’re unfortunate enough to be infected. Let’s dive into what they do, who their targets are, how they deliver and how you can protect yourself against this infectious ransomware!

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Today, there is a ransomware attack against a healthcare facility, or healthcare conglomerate out in California, known as Partnership HealthPlan of California. They were attacked by the Hive ransomware group. This blog will explain who Hive is, how they did this, and what you can do to prevent Hive attacking your organization from a cyberattack.