For those of us who are not insurance experts, the distinction may not be obvious. As explained in more detail here, the difference is in who experiences the loss. First party coverage covers damage to your business such as costs of notifying customers, purchasing credit monitoring services, repairing reputational damage or paying a cyber extortionist. […]
Continue reading → [DISPLAY_ACURAX_ICONS]The National Law Review has a great article on board member’s responsibility in the area of cyber security. One quote from the article: a 2012 Carnegie Mellon poll of how U.S. boards are managing cyber risks found that 71% rarely or never review privacy and security budgets, 80% rarely or never review roles and responsibilities, and nearly […]
Continue reading → [DISPLAY_ACURAX_ICONS]Tech Crunch has an interesting article on cyber security. The first part is tongue-in-cheek. All you need to do is disconnect from the internet, get rid of all your laptops and smartphones, use no cloud services and no mobile apps. You get the idea. All of the things that we know and love – and […]
Continue reading → [DISPLAY_ACURAX_ICONS]I am certain we will see a number of people comment on what Sony shoulda/coulda/oughta have done and there is likely some truth in all of them. Here is one and my thoughts on it, from Data Breach Today. This is from a blog post by Matthew Schwartz. He makes 7 points, which I mostly […]
Continue reading → [DISPLAY_ACURAX_ICONS]Der Spiegel wrote an article on efforts by the NSA and GCHQ (their British equivalent) to crack encryption of various sorts. Take the article at what it is worth; it is based on documents that Snowden released, so it is a little bit old. I apologize that this post is pretty long, but there is […]
Continue reading → [DISPLAY_ACURAX_ICONS]BBC and others are reporting that a German steel mill was hacked. The report came not from the news media or the mill, but rather the German Federal Office for Information Security (BSI). As a result, not a lot of details are known, but the posting are new, so perhaps more information will come out […]
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