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Navigating the Surge in Cyber-Attacks: Safeguarding the Education Sector

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We have recently seen an increase in malicious actors targeting the education sector. In Q1 2022, educational organizations globally saw a 44% rise in weekly cyber-attacks compared to 2021. Additionally, US organizations faced an average of 812 weekly cyberattacks. The surge in cyberattacks is tied to the rapid adoption of online learning tools during and … Navigating the Surge in Cyber-Attacks: Safeguarding the Education Sector

5 Challenges Uninsured Businesses Face while Obtaining Insurance After a Cyber Breach

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In 2022, the FBI’s Internet Crime Complaint Center (IC3) received 800, 944 reported cybersecurity complaints, with losses exceeding $10.3 billion. With the rapid evolution of cyber-attacks, leaving businesses uninsured poses operational and financial threats. In contrast, subscribing to a cyber insurance policy allows businesses to mitigate the financial burden of cyber-attacks. For example, if your … 5 Challenges Uninsured Businesses Face while Obtaining Insurance After a Cyber Breach

Clop Ransomware Group specifically targets Healthcare Industry in Data Breaches

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The IBM 2022 cost of data breach report revealed that the healthcare industry suffered losses of $10.1 million per data breach. Notorious groups like LockBit, KillNet, and Hive have been at the center of these attacks, causing varying degrees of damages and revenue losses due to downtime. Recently, a new player, “Clop,” has taken the … Clop Ransomware Group specifically targets Healthcare Industry in Data Breaches

Metaverse Cybersecurity Risks, Hacks, and Scams

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The Metaverse has received a lot of traction and adoption since its appearance as a sci-fi concept in Neal Stephenson’s 1992 movie. A recent report shows that the Metaverse will grow at a Compound Annual Growth Rate (CAGR) of 47.6% and reach a projected $1,527.55 billion by 2029. So far, tech giants like Meta and … Metaverse Cybersecurity Risks, Hacks, and Scams

How Ransomware will use AI to Target IT and OT Systems

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As we have seen in recent years, ransomware attacks have evolved, becoming more aggressive, sophisticated, and expensive for victims. Recent reports have revealed that in the first 6 months of 2022, the number of new ransomware variants rose by 100%, increasing the threat companies have to protect against. With the growing ransomware threats and emerging … How Ransomware will use AI to Target IT and OT Systems

Seven Emerging Cyber Security Threats in 2023: What to Expect and How to Prepare

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In 2022, targeted ransomware attacks were about 236.1 million, about 3,394,662 phishing attacks, and roughly 2.8 billion malware attacks. These attacks cost companies, cybersecurity insurance, and consumers millions of dollars, and exposed sensitive personal information. In 2023, these trends will continue, and new ones will arise, that is why it is important that companies deploy … Seven Emerging Cyber Security Threats in 2023: What to Expect and How to Prepare

Meta Pixel Data Breach: An Overview

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Technology has advanced rapidly over time, with precision targeting tools being some of its innovations. While these tools offer unlimited opportunities for advertisers and tech companies, they also pose a risk for consumers. On the list of many security breaches, experts have warned that these tools pose a significant risk of data breaches, with recently … Meta Pixel Data Breach: An Overview

How are Electric Cars Charging Stations Targets for Hackers?

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The spike in gas prices and growing demand for zero-emission transport have contributed to rapid electric vehicle adoption. Research shows that about 6.9 million EVs were purchased in 2021, projected to account for 34% of the vehicle fleet globally by 2028. As a result, companies have had to set up more EV charging stations to … How are Electric Cars Charging Stations Targets for Hackers?

Digital Forensics, AKA eDiscovery, in a Cyber Security Context

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Written by Thibault Dambrine and Laura Smith  Introduction When a cyber breach occurs, it is almost always accompanied by data exfiltration and threats to disseminate or sell stolen data on the “dark web”. Among all data, the most immediately valuable to hackers is (but not limited to) Personally Identifiable Information (PII), and Personal Health Information … Digital Forensics, AKA eDiscovery, in a Cyber Security Context

Incidentally Informed – Cyber coverage and incident response

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During our webinar we discussed “cyber coverage and incident response”. Our Panelists Mikel Pearce – General Counsel and Breach Coach Relationship Manager at CyberClan Allison Clark – Associate at Baker Hostetler Gwenn Cujdik– Manager – AXA XL North America Cyber Incident Response Team

Incidentally Informed – Compliance issues and ransomware claims

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During our webinar we discussed “compliance issues in ransomware claims and the pitfalls”. Our Panelists Mikel Pearce – Director of Business Development Canada & UK at CyberClan   Gregory Bautista – Partner at Mullen Coughlin LLC Andrew Lipton – VP, Head of Cyber Claims at AmTrust Financial Services, Inc.

Russian hacktivist attacks continue against NATO countries

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By Natalie Trotter The level of impact on the cyber security market following the Russian led invasion on Ukraine over the past 8 months has resulted in an unprecedented impact of cyber attacks. Dating back from attacks in 2014 occupying Crimea to the NotPeya worm in 2018, it was unlikely that this pattern would drastically … Russian hacktivist attacks continue against NATO countries

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About CyberClan's Sugandha Sood
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Sugandha Sood

Executive Vice President, Finance

As a professional accountant Sugandha, CPA, CGA has over 15 years of progressive finance and accounting experience across multiple industries including healthcare, medical, nuclear waste, and transportation.

Prior to joining CyberClan she worked at Energy Solutions Canada and was responsible for various aspects of accounting, financial reporting, internal controls, process improvements and taxation. Sugandha is eager to leverage her professional skills and play a vital role in the growth of the company by providing information to make informed decisions.