Businessinsurance.com reported that a court agreed with Traveler’s “which denied coverage on the basis the loss was not a “direct loss” that was “directly caused by the use of a computer” as required by the policy.” My friend Judy Greenwald wrote the article entitled “Manufacturer can’t recover spoofing email
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GUEST BLOG: Is your business at risk for not knowing about the liability limits under the 911 Cybersecurity Laws (Safety Act)?
By Peter Vogel on
My Guest Blogger Eddie Block (CISSP, CIPM, CIPP/G, CISA, CEH) is a senior attorney in Gardere’s Litigation Group and member of the Cybersecurity and Privacy Legal Services Team who focuses on all aspects of information cyber security, including credentialing functions, firewall and IDS deployment and monitoring, and penetration testing, and…
US Cyber insurance market exceeds $2.49 Billion!
By Peter Vogel on
A report to the Cybersecurity (EX) Task Force explains the growth of cyber insurance to more than $2.49 billion in 2016 because “Cybersecurity breaches can cause a major drain on the U.S. economy”…and in particular “Financial Services Sector is perhaps the most under attack from cyber criminals.” The August 6…
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Two-factor authentication may avoid disasters since there are more than 1+ billion compromised usernames and passwords!
By Peter Vogel on
Bankinfosecurity.com reported that “Troy Hunt, a security expert who runs the Have I Been Pwned data breach notification service, has an idea to help organizations prevent people continuing to use their own compromised passwords or selecting ones that have been leaked.” The August 3, 2017 report entitled “…
Blockchain vs. the SEC – ICO (Initial Coin Offering) are securities!
By Peter Vogel on
The Securities & Exchange Commission (SEC) ruled that “…that issuers of distributed ledger or blockchain technology-based securities must register offers and sales of such securities unless a valid exemption applies. Those participating in unregistered offerings also may be liable for violations of the securities laws. Additionally, securities exchanges providing for…
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Guess what? There will be increased cyber problems in 2017 including Ransomware, Malware, and IoT!
By Peter Vogel on
Malwarebytes examined almost “one billion malware detections/incidences…in nearly 100 million Windows and Android devices…in over 200 countries” to make its 2017 State of Malware Report which included these three takeaways:
- Ransomware grabbed headlines and became the favorite attack methodology used against businesses.
- Ad fraud malware, led by Kovter malware, exceeded
Do you trust China to be the world leader in AI (Artificial Intelligence)?
By Peter Vogel on
The New York Times reported that China “laid out a development plan on Thursday to become the world leader in A.I. by 2030, aiming to surpass its rivals technologically and build a domestic industry worth almost $150 billion.” The July 20, 2017 report entitled “Beijing Wants A.I. to Be…
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FTC to the rescue with Cybersecurity roundtables for small businesses!
By Peter Vogel on
The Federal Trade Commission (FTC) will have a series of public roundtables since companies “with only a few employees face unique challenges when it comes to cybersecurity. The July 20, 2017 announcement entitled “FTC to Host Cybersecurity Roundtables with Small Businesses” publicizes a new website launched in May…
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Will IBM’s recommendation to encrypt the universe provide better cyber protection, or just profits for IBM?
By Peter Vogel on
The Washington Post reported that “IBM argues that universal encryption could be the answer to what has become an epidemic of hacking.” The July 17, 2017 article entitled “To battle hackers, IBM wants to encrypt the world” included these comment about IBM’s recommendations to encrypt the universe:
…it…
Cyber intrusions reporting will ramp up around the world in 2018 under GDPR (think EU Privacy Laws)!
By Peter Vogel on
On May 25, 2018 the new General Data Protection Regulation (GDPR) will take effect and according my friend Benjamin Wright who wrote a paper for the SANS Institute GDPR “is motivating organizations worldwide to improve existing technical controls for securing personal information. Organizations should be especially aware that the GDPR…