Google Decreased Account Takeovers by 50% by Mandating 2FA Late last year Google forced about a hundred fifty million users to start using multi-factor authentication. What results did they see? Account takeovers in that group were reduced by 50%. Google has previously said that only 10% of their users were using MFA. Now they are […]
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When insurance companies first started writing cyber risk insurance, it was unbelievably profitable. They were writing many policies and not processing many claims, so they were very happy. Over the last few years customers discovered that it did not make any sense to buy insurance and not make a claim when a bad event happened. […]
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Insurance brokers and industry attorneys say that cyber insurance is heating up. They are seeing both an uptick in CLAIMS and an uptick INQUIRIES, likely as a result of an uptick in attacks. Actually, the uptick in attacks is more like a flood since Covid-19 came around. Note that many of them won’t be detected […]
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Let me cut to the chase – the answer is no. It is a way to help pay for the damage, but that is about all. In the article referenced below, the author thoughtfully explains the role of cyber risk insurance – a post-fail risk offset. The key word there is fail. Failing in the […]
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