Malwarebytes has announced the expansion of its protection suite and industry partnerships to incorporate more features to help protect remote workers.

Innovative additions including Malwarebytes Brute Force Protection and Malwarebytes’ powerful scan and detection engine helped the company to secure the CISO Choice Award for Endpoint Security for the company’s Endpoint Detection and Response product this year. 

The company has also announced a partnership with cyber insurance provider, Coalition, to offer a combined solution of best-in-class endpoint security and cyber insurance to protect organisations from cyberthreats.

By detecting and blocking malicious login attempts, Malwarebytes Brute Force Protection stops intrusion attacks targeting Remote Desktop Protocol (RDP) on Windows workstations and servers. Managed through the Malwarebytes Nebula cloud platform, this new feature is integrated into Malwarebytes Endpoint Protection (EP) and Endpoint Detection and Response (EDR) products and provides easy-to-use configuration allowing security teams to get up and running in minutes.

“Brute force attacks are on the rise due to increases in Remote Desktop Protocol usage…

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SAN FRANCISCO (PRWEB)
December 08, 2020

Coalition, the leading cyber insurance and security company, today announced the availability of two new technology solutions to its partners. These tools will enable partners to quickly and easily integrate with Coalition, creating a turn-key solution for brokers and organizations to offer cyber insurance to their customers.

Coalition will offer two new solutions to its partners. First is an API that allows partners to integrate Coalition’s insurance products and underwriting engine directly into their platforms. The API helps partners create a digital experience customized for their own users and customers.

Coalition also released its Coalition-hosted, co-branded, Partnership Portal that allows partners to offer Coalition products to their customers with no integration work required. With the Partnership Portal, partners can offer their customers insurance policies in as little as one day.

“Cyber insurance is the leading solution to combat cyber risk, and…

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The world was transforming digitally prior to the pandemic. Companies, for example, were already migrating to the cloud, with cost reduction and flexibility key drivers. 

Banks and insurers were also building their digital muscles, to reduce costs and meet demands of today’s tech-savvy consumers who want to conduct transactions at any time, from any location.

COVID-19 came along and turbo-boosted things. Operations and processes have been digitized apace, helping support business continuity and maintain client satisfaction. 

But with more traffic flowing along the digital highway and more people working remotely, the risk of cybercrime has increased.

Interpol says an assessment of the impact of COVID-19 on cybercrime has shown “a significant target shift from individuals and small businesses to major corporations, governments and critical infrastructure.”

The organization’s secretary general says: “Cybercriminals are developing and boosting their attacks at an alarming pace, exploiting the fear and uncertainty caused by the unstable social and economic situation created by COVID-19.”

Against this backdrop, and to get a regional perspective, BNamericas spoke…

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U.S. hospitals, already on the front lines of fighting the coronavirus pandemic, are now facing viral attacks by cybercriminals. More than 20 U.S. hospitals and health care organizations have reported their data being held hostage by ransomware, and federal agencies have warned that hundreds more U.S. health care facilities are at risk for cyberattacks. In the face of these alarming predictions, independent security experts describe the recent assault on the U.S. health care system as the most significant cybersecurity threat ever seen in the United States.

In September, over 200 U.S. facilities of a major hospital chain were crippled by a ransomware attack, creating chaotic conditions including mounting emergency room waits and failures of wireless vital-signs monitoring equipment. According to one cybersecurity firm, the Russian criminal gang responsible for the recent ransomware attacks is purposely targeting and disrupting U.S. hospitals, forcing them to divert patients to other health care providers and producing prolonged delays in critical care. The cybercriminals use ransomware to scramble data that can be unlocked only with software keys provided after the target of…

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U.S. hospitals, already on the front lines of fighting the coronavirus pandemic, are now facing viral attacks by cybercriminals. More than 20 U.S. hospitals and health care organizations have reported their data being held hostage by ransomware, and federal agencies have warned that hundreds more U.S. health care facilities are at risk for cyberattacks. In the face of these alarming predictions, independent security experts describe the recent assault on the U.S. health care system as the most significant cybersecurity threat ever seen in the United States.

In September, over 200 U.S. facilities of a major hospital chain were crippled by a ransomware attack, creating chaotic conditions including mounting emergency room waits and failures of wireless vital-signs monitoring equipment. According to one cybersecurity firm, the Russian criminal gang responsible for the recent ransomware attacks is purposely targeting and disrupting U.S. hospitals, forcing them to divert patients to other health care providers and producing prolonged delays in critical care. The cybercriminals use ransomware to scramble data that can be unlocked only with software keys provided after the target of…

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Dive Brief:

• Large, privately-owned regulated utilities tend to be more prepared to combat cyber threats than smaller energy companies, according to a new report from Moody’s Investor Services. The ratings agency called cybersecurity preparedness an “increasingly important component of credit analysis” for electric utilities.
• The report also concludes security posture is stronger among vertically integrated utilities, which also own generation, than it is for those owning only transmission and distribution, due to the greater risk of severe operational disruptions for utilities that own power plants.
• Smaller utilities, and not-for-profits in particular, lean more heavily on cyber insurance to mitigate risk, according to Moody’s. But according to the American Public Power Association (APPA), smaller utilities face less risk and utilize information sharing tools to boost security.

Dive Insight:

Moody’s is digging into the growing threat faced by utilities, and says its Wednesday analysis is the “first of a series of cyber themed research reports” it will release as security plays a growing role in assessing company financials.

“Our survey of global…

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Cybersecurity, as an industry, has become indispensable, owing to the recurrent bouts of ransomwares, rising estimates of cyberthreats, and transformation of the global digital economy in a post COVID era. The average cost of a successful cyberattack which causes data breach is currently pegged at INR 12.8 Crores in India. This was most recently demonstrated by the $ 750,000 ransomware attack on the information systems of Haldiram’s India, a reputed Indian food manufacturing company. While having a secure information system that is resilient against every data breach and cyberattack is the ideal outcome, there is no cybersecurity service in the world that can guarantee a 100% success rate in conserving the integrity of an organization’s IT system and sensitive data after a cyberattack.

In this background, it becomes important for organizations to have a cyber risk management plan. Cyber risk management is an organizational strategy to manage the reputational, operational, and financial risks that have manifested themselves…

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Blackpoint Cyber launched Blackpoint RISK – a cyber liability insurance solution created specifically for its partners and their customers. Blackpoint RISK is available to existing and new clients and provides an additional layer of protection against cyber incidents, including cyber-crime, ransomware, and malicious attacks.

A common phrase in cyber security is, “It’s not a question of if, but when.” Cyber security programs traditionally focus on awareness, prevention, and response – but many are unprepared for an unexpected cyber incident and the financial implications.

Blackpoint Cyber used its foundation in cyber operations for the US Government to build its true 24/7 Managed Detection and Response (MDR) service for MSPs and their customers.

While Blackpoint prides itself on its quick detection and response times and its ability to streamline the security stack, they wanted to arm MSPs and their customers with the next line of defense.

Cyber liability insurance is becoming a required component of risk management for all business sizes and industries, particularly MSPs and their customers. A cyber incident can include forensic investigations, data…

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SCHAUMBURG, Ill., Oct. 19, 2020 /PRNewswire/ — Zurich North America Insurance and Advisen Ltd. has released the tenth annual Advisen cyber survey of corporate risk managers and insurance buyers revealing current views about information security and cyber risk management. This year’s survey features the highest percentage of cyber insurance buyers ever – nearly 80 percent carry some level of cyber insurance (55 percent of respondents with cyber coverage have a stand-alone policy). This take-up rate for cyber insurance has steadily climbed since 2011, the first year of the survey, when just 34 percent of respondents bought some type of cyber coverage.

Key findings of the  2020 survey include:

• Business interruption is viewed as the worst outcome of a ransomware event by 43 percent of respondents; reputational harm was cited as the second-worst outcome by 29 percent, and other outcomes such as loss of data (15 percent) and loss of funds/paying the ransomware (11 percent) were viewed as far less impactful.
• Sixty percent of respondents feel either “extremely prepared” or “prepared” to respond to a ransomware event, while 33 percent feel “somewhat prepared.”
• Just over a third (35…

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