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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. 11, 2001, terrorist attacks. The 9/11 attacks cost insurers and reinsurers $47 billion.

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MY TAKE: Cyber attacks on industrial controls, operational technology have only just begun

The Last Watchdog

And the risks are multiplying as more digital devices become connected in insufficiently secured environments. But Gartner and others now recommend merging OT and IT security. At the operational level, critical industrial sectors are dependent on technology developed 10 to 15 years ago and that aren’t regularly patched.

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An Approach to Cybersecurity Risk Oversight for Corporate Directors

Data Matters

Recent guidance from the Securities and Exchange Commission (SEC) on disclosure and enforcement actions by the Federal Trade Commission (FTC) make clear that cybersecurity is no longer a niche topic, but a concern significant enough to warrant the oversight of corporate boards of directors. Aligning cyber risk with corporate strategy.

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CyberheistNews Vol 13 #19 [Watch Your Back] New Fake Chrome Update Error Attack Targets Your Users

KnowBe4

Users can become desensitized to the potential risks bogus messages concerning IT issues carry with them. New school security awareness training can help any organization sustain that line of defense and create a strong security culture. Blog post with links: [link] A Master Class on IT Security: Roger A. Join Roger A.

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Federal Agency Data is Under Siege

Thales Cloud Protection & Licensing

So far in 2018, we’ve already seen a handful of government agency mishaps when it comes to security. For example, just last month Strava, a popular fitness navigation app, accidentally revealed the location of military bases in war zones worldwide potentially putting troops and U.S. national security at risk.

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Malicious app exploiting CVE-2019-2215 zero-day available in Google Play since March

Security Affairs

Security experts have found a malicious app in the Google Play that exploits the recently patched CVE-2019-2215 zero-day vulnerability. Maddie Stone published technical details and a proof-of-concept exploit for the high-severity security vulnerability, seven days after she reported it to the colleagues of the Android security team.

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Amid Growing Threats, White House Dismantles Top Cybersecurity Post

Data Matters

According to reports, John Bolton , appointed as National Security Adviser effective April 2018, had been instrumental in the decision that the position was no longer necessary based on the reasoning that the role was already addressed by other members of President Trump’s national security staff. Senator Mark R.