BankInfoSecurity.com reported that there was about “370 million in known 2020 ransomware profits – via ransoms that got paid – which represents a 336% increase over known 2019 earnings…. Ransomware dominated the online-enabled crime landscape in 2020, some security experts say, thanks to the massive profits it’s been generating and
50% increase for Cyber Insurance in 2021!
By Peter Vogel on
My good friend Judy Greenwald at BusinessInsurance.com reported that Aon PLC stated that “Policyholders can expect 20% to 50% rate increases for cyber coverage throughout 2021 as trends that began last year continue at an accelerated pace,…” The March 4, 2021 report entitled “Cyber insurance rates to increase 20-50%…
What’s the message about Cloud Contracts since AWS declined to testify to the Senate about SolarWinds?
By Peter Vogel on
Darkreading.com reported that “Conspicuously missing from the panel was Amazon Web Services (AWS), which declined the Senate’s invitation to testify — a snub that appeared to rile several senators on the committee. Sen. Richard Burr, R-N.C., pointed out that the attack was waged inside the US, and some secondary command-and-control…
Banks’ Top Concern is BEC (Business Email Compromise aka Spearphishing)!
By Peter Vogel on
HelpNetSecurity.com reported that “Smaller firms were hit the hardest (26% of small business fraud had a tie to the virus, as opposed to only 17% for larger companies). Presumably, their potential payouts previously fell below the radar of criminals who now, with the development of greater automation and a backdrop…
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Lawsuit filed challenging a new Internet Advertising Tax!
By Peter Vogel on
In February 2016 I blogged about “Great news for eCommerce! Congress passes Permanent Ban on Internet Taxes!” but the Washington Post reported “Top lobbying groups backed by Amazon, Facebook, Google and other technology giants sued Maryland on Thursday, seeking to scuttle a new state tax on their massive…
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Collin County, Texas (my client for 30+ years) is poaching talent from Dallas County!
By Peter Vogel on
The DallasNews.com reported that “Collin County ranked No. 3 in the U.S. for attracting and developing talent, according to Emsi’s 2020 Talent Attraction Scorecard. Dallas County ranked 555th, in large part because so many workers migrated out of the county — with the largest number going to Collin.” …
Here’s Some Advice about Cyber risks for Positioning, Navigation, and Timing (PNT) Services!
By Peter Vogel on
NIST issued NISTIR 8323 since “It seeks to protect the national and economic security of the United States from the disruption or manipulation of systems that form or use PNT data and information vital to the functioning of U.S. critical infrastructure and technology-based industries.” The February 2021 report entitled…
AI may improve major social problems!
By Peter Vogel on
MIT Sloan Review reported that “New technologies such as machine learning, robotics, digital twins, and supercomputing can dramatically improve the odds of successful discovery — through faster and more efficient selection of the most promising new ideas and accelerated testing to get these ideas into development sooner. These technologies are…
No surprise that Microsoft was very vulnerable in 2020!
By Peter Vogel on
HelpNetSecurity.com reported “Vulnerability intelligence-as-a-service outfit vFeed has compiled a list of the top 10 most exploited vulnerabilities from 2020…” The February 3, 2021 report entitled “Top 10 most exploited vulnerabilities from 2020” listed these Top 10 – with 6 of the 10 Microsoft technologies:
1. Windows SMBv3 …
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Managing Privacy Continues to be a Major Problem!
By Peter Vogel on
HelpNetSecurity.com reported that “Survey findings—gathered in Q3 2020 from 1,873 professionals who work in data privacy or have knowledge of their organizations’ data privacy functions—show some positive trends for those enterprises who report they always use privacy by design.” The January 27, 2021 article entitled “Privacy is not…
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