White House Working on Cyber Insurance Policy for Catastrophes The White House is working on a policy proposal to stabilize the economy in case of a massive cyber incident. This would require help from Congress, of course, but it is certainly possible that we could have a cyber 9/11 that would require a federal bailout. […]
Continue reading → [DISPLAY_ACURAX_ICONS]While this is far from the biggest breach of the year, it is likely the one with the most political impact. At least so far. I assume the campaigns are doubling or tripling down on their security. Last week Politico said that it received multiple emails from a leaker who said that they hacked the […]
Continue reading → [DISPLAY_ACURAX_ICONS]In light of last week’s IT disaster, now would be a good time to review your cyber insurance policy. According to Parametrix, who does this for a living, just for US Fortune 500 companies, the cost from the CrowdStrike disaster is going to be more than $5 billion. In fairness, the Fortune 500 collectively have […]
Continue reading → [DISPLAY_ACURAX_ICONS]AT&T is First Company To Evade SEC’s 4 Day Breach Disclosure No, they are not badasses, they asked for permission. The SEC rules that went into effect last year have a carve out from the disclosure rule – actually it is not an exception, just a delay. It is not clear who asked whom, but […]
Continue reading → [DISPLAY_ACURAX_ICONS]People often ask me how come the hackers seem to be winning in spite of the seeming endless spend on cybersecurity, security training and law enforcement. Let me give you a couple of recent news items and see if you can figure it out. These are just a few of the hundreds and hundreds of […]
Continue reading → [DISPLAY_ACURAX_ICONS]Earlier this month the Los Angeles Unified School District (LAUSD) was hit by a cyber attack. The breach affected 24 million students and about 50,000 teachers. Now we are learning more about it. For students, the data includes: For teachers, similar data was breached but more teacher specific data. Part of the problem is that […]
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