Darkreading.com reported on a KPMG study about how “CEOs are increasingly paying attention to cybersecurity risks as a part of their overall technology risk profile. In 2018, according to KPMG, just 15% of US CEOs agreed that strong cybersecurity is critical to engender trust with key stakeholders; that percentage shot…

Continue Reading No surprise – 72% of CEOs agree that Cybersecurity is critical!

Darkreading.com reported that “A machine learning model is only as good as the instructions it is given….. As a result, solutions that enable fraud experts, instead of data scientists, to input the initial correlations will deliver results faster in terms of identifying new correlations across different data sets as they’re…

Continue Reading Great idea – AI (Machine Learning) used for Fraud Prevention & Payment Intelligence!

CIO.com reported that “Any organization that stores and maintains customer information or collects online payment information, or uses the cloud, should consider adding cyber insurance to its budget.”  The May 4, 2019 article entitled “What is cyber insurance and why you need it” which included these categories of…

Continue Reading Duh! Every Company That Uses the Cloud Needs Cyberinsurance

My good friend Judy Greenwald reported in BusinessInsurance.com that “based on National Association of Insurance Commissioners statutory filings, found that while the number of insurers offering cyber increased to 184 from 170, premiums grew by 10.3%, to $2.03 billion.”  The June 11, 2019 report entitled “Growth in insurers’ cyber…

Continue Reading Aon reports an increase in cyberinsurance premiums of $2.03 Billion in 2018!

Darkreading.com reported on Cofense Phishing Defense Center analysis of 31,429 malicious emails between October 2018 and March 2019 and that cybercriminals use “Subtle tactics like changing file types, or using shortened URLs, are giving hackers a hand.”  The June 4, 2019 reported entitled “How Today’s Cybercriminals Sneak into…

Continue Reading Big Surprise – Cybercriminals Continue Successfully to Sneak into your Inbox!

Darkreading.com reported that the “…CISO is a “must have” position” in the results of a survey of “400 C-suite executives from enterprises across the UK and USA” and of course that “C-level executives say that a cyber security breach is inevitable.”  The June 3, 2019 report entitled “Majority of…

Continue Reading No Surprise that 76% of C-level Executives think the CISO is Critical!

Darkreading.com reported that “As cybercrime continues to rise, cyber insurance has businesses reconsidering their coverage. Organizations faced with a decision to take out coverage need to find space in the budget for monthly costs and potentially large premiums.” The May 30, 2019 report entitled “Caveat Emptor: Calculating the…

Continue Reading No Surprise – Cyberinsurance Impacted by Cyberattacks!