BankInfoSecurity.com reported that “The latest edition of the ISMG Security Report discusses how ransomware-as-a-service groups are shifting their business models, how investigators battling cybercrime have been hindered by GDPR, and how employees consider workplace “choice” a key factor for job satisfaction.”  The August 25, 2022 article entitled “Are Ransomware-as-a-Service…

My good friend Judy Greenwald reported for BusinessInsurance.com that “Lloyd’s of London will require standalone cyber policies to include state-backed cyberattack exclusions beginning in March 2023, it said in a market bulletin this week.”  The August 18, 2022 article entitled “Lloyd’s requiring state-backed cyberattack exclusions” included these comments…

DarkReading.com reported that “Organizations lack sufficient levels of cyber-insurance coverage to protect themselves in case of a ransomware attack, with just 14% of businesses with 1,400 or fewer employees boasting coverage limits above $600,000.”  The August 11, 2022 article entitled “Cyber-Insurance Fail: Most Businesses Lack Ransomware Coverage” included…

BankInfoSecurity.com reported that the “…U.S. Federal Trade Commission today initiated a potentially years-long attempt to impose new data security and privacy regulations onto the American economy.” The August 11, 2022 article entitled “FTC Initiates Privacy and Data Security Rule-Making” included these comments from FTC Chair Lina Khan:

A…

BankInfoSecurity.com reported that “The U.S. Federal Trade Commission is investigating the operators of a cryptocurrency platform that lost $200 million of investor funds in one of the biggest crypto cyberattacks of 2021.”  The August 11, 2022 report entitled “FTC Probes BitMart After $200M Theft at Crypto Exchange” included…