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A Cyber Insurance Backstop

Schneier on Security

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion. 11, 2001, terrorist attacks.

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CyberheistNews Vol 13 #18 [Eye on AI] Does ChatGPT Have Cybersecurity Tells?

KnowBe4

A cardplayer yawns when they're about to bluff, for example, or someone's pupils dilate when they've successfully drawn a winning card. Looking, apparently, for a bigger payday, yesterday the Russian cyber auxiliary KillNet announced that they would become Russia's 'Private Military Hacker Company (PMHC).'" the CyberWire reports.

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Inside Ireland’s Public Healthcare Ransomware Scare

Krebs on Security

But perhaps in response to the public outcry over the HSE disruption, Conti reversed course and gave the HSE the decryption keys without requiring payment. The HSE ultimately enlisted members of the Irish military to bring in laptops and PCs to help restore computer systems by hand.

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Network Security Architecture: Best Practices & Tools

eSecurity Planet

Examples of services security include: AD security : Adds layers of security to Active Directory to eliminate unneeded access or permission levels, detect unauthorized changes, and block other attacks on AD. Basic cybersecurity training uses cybersecurity training courses to educate about common issues such as phishing and ransomware.

Security 103
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The Hacker Mind Podcast: Going Passwordless

ForAllSecure

For example, here’s Jerry Lewis in a scene from a 1950s film, where he’s trying to break into a Nazi German military base. Of course, there were some guesses and backward steps there too, as well. There's a caveat to this of course because they essentially elongate the use of passwords still. Lewis: Good.

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The Hacker Mind Podcast: Tales From A Ransomware Negotiator

ForAllSecure

VAMOSI: Does Mark typically work with insurance? LANCE : we work closely with insurance. VAMOSI: And then there are examples where the ransomware operators are not serious about the ransom-- NotPetya, for example. MUSIC] VAMOSI: Of course, given the nature of his work, Mark has stories. By no means.

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ROUNDTABLE: Experts react to President Biden’s exec order in the aftermath of Colonial Pipeline hack

The Last Watchdog

This very high-profile caper is part of an extended surge of ransomware attacks, which quintupled globally between the first quarter of 2018 and the fourth quarter of 2020, and is expected to rise 20 percent to 40 percent this year, according to insurance giant Aon. Of course, we live in a comparatively free part of the world.