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CrowdStrike Losses Not Covered By Insurance

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 […]

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Security News Update for Week Ending July 19, 2024

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 […]

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USPS Joins Many Others – Shares Customer Data with Meta and Others Without Permission

We see this problem too often. It is because web site operators don’t really understand the impact of their actions in many cases. More importantly, this may impact you and your web site. Okay, lets talk about what the Postal Service did. Magazine publisher Tech Crunch discovered that the USPS was sharing customers’ information with […]

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The Risk of Using Cloud Apps

I have been tempted, from time to time, to use cloud apps to do things like convert PDFs to Word documents or reformat videos and the like. To date, I have successfully resisted that urge. Apparently, there is some merit to that restraint. That does not mean that the cloud is evil. What it does […]

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Security News Update for Week Ending July 12, 2024

Cyber Insurance Prices Trending Down After insurance rates soared between 2020 and 2022, prices went down a little bit (15 percent) in 2023 due to increased competition, better vetting on the part of insurance companies and better company cybersecurity practices. It will be interesting to see where this trend goes, but we will take this […]

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