City of Columbus Warns Victims After Saying No Data Was Taken The city admitted that data was stolen including information in prosecutor’s database. The city says that they will help victims who are now being victimized again and whose lives may be in danger due to the city’s poor security practices. The mayor said that […]
Continue reading → [DISPLAY_ACURAX_ICONS]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]Interpol Recovers Over $40 Mill from Biz Email Compromise Attack INTERPOL has created a global stop-payment mechanism that it can use to recover funds. A company in Singapore thought they were paying a vendor. Instead they paid a hacker. INTERPOL’s Global Rapid Intervention of Payments or I-GRIP was able to recover $39 million out of […]
Continue reading → [DISPLAY_ACURAX_ICONS]State Dept. Says UN Cybercrime Treaty Must protect Human Rights On the eve of final negotiations at the UN for a long awaited cybercrime treaty, the US says they are focused on ensuring the treaty protects human rights. The US, along with 40 other countries — not including, Surprise, Russia or China — signed off […]
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]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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