Schneier on Security

FEBRUARY 28, 2024

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.

Insurance 92

Insurance Government Cybersecurity Risk 92

The Last Watchdog

JUNE 1, 2020

What’s an example of how they might come into play? Clinton: Take for example, restrictions many companies have on the websites employees are permitted to access from their office computers. And they might look into getting insurance to transfer at least some of this risk.

Risk 199

Risk Insurance Cybersecurity Marketing 199

KnowBe4

MAY 9, 2023

Take the following example, provided by Phish Labs: [CONTINUED] Blog post with screenshot: [link] Are Your Users' Passwords. This tests against ten types of weak password related threats for example; Weak, Duplicate, Empty, Never Expires, plus six more. Are your users' passwords…P@ssw0rd? must help cover $1.4 billion in losses."

Phishing 68

Phishing Passwords Insurance Systems administration 68

The Last Watchdog

MAY 19, 2021

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. Eddy Bobritsky , CEO, Minerva Labs.

Cybersecurity 205

Cybersecurity Government Ransomware Compliance 205

ForAllSecure

MAY 17, 2023

Chris Gray of Deep Watch talks about the view from the inside of a virtual SOC, the ability to see threats against a large number of SMB organizations, and the changes to cyber insurance we’re seeing as a result. That's an example of AI. VAMOSI: Cybersecurity insurance. cyber insurance as a whole was changing heavily.

Insurance 40

Insurance Privacy Ransomware GDPR 40

KnowBe4

JUNE 6, 2023

China's People's Liberation Army (PLA) is increasingly focused on "Cognitive Warfare," a term referring to artificial intelligence (AI)-enabled military systems and operational concepts. This involves influencing the thinking of decision-makers, military commanders, and the general public in rival countries. efforts to support Taiwan.

Phishing 69

Phishing Security awareness IT Passwords 69

ForAllSecure

MAY 30, 2023

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. By no means. Does that mean that there was no ransomware occurring? So the earlier the better.

Ransomware 40

Ransomware Encryption Authentication Communications 40