As loss payouts on cyber policies continue to increase, carriers are looking for ways to get out of paying. Since cyber insurance is a non-standard-form policy, you really have to read it carefully to understand whether you are complying. For example, in reviewing one client’s policy, we discovered that if the client did not perform […]
Continue reading → [DISPLAY_ACURAX_ICONS]Just call me dumb. For the last couple of years the feds have been claiming that Chinese equipment manufacturers like Huawei pose a national security risk to the United States. I really didn’t understand this since all the data transmitted over the cellular network is encrypted, so what is the problem. First, in theory, after […]
Continue reading → [DISPLAY_ACURAX_ICONS]Let’s assume that you are interested in buying cybersecurity insurance. It is very likely that the underwriter is going to use one of the External Attack Surface Management tools (EASM) like the ones we sell to decide whether to write insurance for you. Your customers may also use an EASM tool to decide whether to […]
Continue reading → [DISPLAY_ACURAX_ICONS]Homeland Security is doing what everyone else is doing and buying your location data from the data brokers. That practice started during the last administration and is continuing. It is important to understand that there is nothing illegal about this. If the government wants to compel a carrier to hand over data, they need a […]
Continue reading → [DISPLAY_ACURAX_ICONS]There are two types of companies – those who have been hacked and those that will be. – Former FBI Director Robert Mueller. Some people modified that quote to read – those who have been hacked and those that don’t know that they have been hacked. Which ever version of this saying that you prefer, […]
Continue reading → [DISPLAY_ACURAX_ICONS]I received a letter from a high end accounting firm in New York today warning their clients that check fraud has “increased significantly” and has become “a more prevalent issue”. They recommend that you review bank transactions daily confirming the correct payee and amount. The problem with that strategy is that check images are typically […]
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