The hackers that breached outsource customer communications vendor Twilio earlier this month didn’t just compromise encrypted communications app vendor Signal. In fact, they compromised more than 130 companies and 10,000 employees. Why? because Twilio is a vendor to all of these companies and these companies trusted Twilio. And, apparently, Twilio’s security practices were not good […]
Continue reading → [DISPLAY_ACURAX_ICONS]Starting in March 2023, Lloyd’s will REQUIRE all its agents to exclude liability for losses from state sponsored cyberattacks. The problem is defining what is a state sponsored attack. In a bulletin to its producers last week, Lloyd’s says that it remains strongly supportive of its agents writing cyber policies, it is concerned that the […]
Continue reading → [DISPLAY_ACURAX_ICONS]Here is some data to consider: The US General Accounting Office (GAO) says the percentage of businesses buying cyber risk insurance jumped from 26% in 2016 to 47% in 2020. Here is why. Coalition insurance released some data from their claims history. Remote Desktop Protocol (RDP) continues to be a big problem according to Coalition […]
Continue reading → [DISPLAY_ACURAX_ICONS]A cybersecurity vendor for one of Mexico’s largest banks sent a cease-and-desist to a cybercrime forum saying that an auction on the site for data stolen from the bank – data for 10 million customers – was fake news and harming the bank’s reputation. So what did the web site’s administrator do? Not what the […]
Continue reading → [DISPLAY_ACURAX_ICONS]We don’t seem to get a lot of good news when it comes to cybersecurity. Here is one good story. Katie Yates received some nude photos of a friend, Natalie Claus (normally we don’t use names, but these women are working hard to make a point that there is nothing to be ashamed of and […]
Continue reading → [DISPLAY_ACURAX_ICONS]Small businesses especially, seem to be realizing, finally, that consumers don’t want to be the “product”. After Apple changed the rules last year to require businesses to get permission to track users’ behavior and share their information, things changed. The biggies – Facebook, Twitter and YouTube are estimating that they will lose $18 billion in […]
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