After Privacy Fail, Google Tries to Secure Bard Results Google created the ability to share Bard results, but, of course, accidentally, Google is indexing those results, so if you think what you are doing is private, it might not be – but only if you intentionally create a share link. Read details here. Credit: The […]
Continue reading → [DISPLAY_ACURAX_ICONS]Coalition Insurance, which is pretty aggressive in refusing to insure customers unless they have better than average security practices released their mid-year update on claims. Here is the summary: Overall claims frequency increased by 12% in the first half of 2023, however, Coalition customers experienced 64% fewer claims compared to the broader market, with 52% […]
Continue reading → [DISPLAY_ACURAX_ICONS]Cyber insurance premiums are rising and coverage is being limited. Some organizations just can’t find insurance at all at an affordable price. Law firm Akin Gump says that some of their clients reported a 300% increase in premiums and carriers are pulling back coverage. The federal government is very concerned because critical infrastructure might not […]
Continue reading → [DISPLAY_ACURAX_ICONS]As loss payouts on cyber policies continue to increase, carriers are looking for ways to get out of paying. Since cyber insurance is a non-standard-form policy, you really have to read it carefully to understand whether you are complying. For example, in reviewing one client’s policy, we discovered that if the client did not perform […]
Continue reading → [DISPLAY_ACURAX_ICONS]Or at least standardized policy language on the subject. Cyber insurance policies have always had language excluding “hostile and warlike actions”, whatever the hell that means. What it means is full employment for lawyers. And a long time before you get paid. The Lloyd’s Market Association, the syndicate that drives Lloyd’s backed policies, has created […]
Continue reading → [DISPLAY_ACURAX_ICONS]Paying Ransom is Tax Deductible Under current IRS regulations, paying cyber ransom after a hack is deductible, just like losses from a robbery, but the IRS is “looking into it”. One way the government could discourage ransom payments is if the cost is borne fully by the company’s owners. They still might choose to do […]
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