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Stock impact report

Attackers Targeting VPNs Account for 28.7 Percent of Ransomware Incidents in Q3 According to Corvus Insurance Cyber Threat Report [Yahoo! Finance]

The Travelers Companies, Inc. (TRV) 
Last the travelers companies, inc. earnings: 4/21 06:57 am Check Earnings Report
US:NYSE Investor Relations: investor.travelers.com
Company Research Source: Yahoo! Finance
BOSTON Nov. 20, 2024 /PRNewswire/ -- Corvus Insurance, a wholly owned subsidiary of The Travelers Companies, Inc., today released its Q3 2024 Cyber Threat Report, The Ransomware Ecosystem is Increasingly Distributed , which showed that attackers leveraging virtual private network (VPN) vulnerabilities and weak passwords for initial access contributed to nearly 30% of ransomware attacks. According to the Q3 report, many of these incidents were traced to outdated software or VPN accounts with inadequate protection. For example, common usernames such as "admin" or "user" and a lack of multi-factor authentication (MFA) made accounts vulnerable to automated brute-force attacks, where attackers exploit publicly accessible systems by testing combinations of these weak credentials, frequently achieving network access with minimal effort. "Attackers are focused on finding the path of least resistance into a business to launch an attack, and in Q3 that entry point was the VPN," said Jason Show less Read more
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