Should Ransomware Payments Be Banned?
Australia’s Home Affairs Minister said the government is considering just such a move, following a dramatic ransomware attack (where the victim did not pay ransomware and had no cyber insurance). …
Most K-12 Schools Have Cyber Insurance, But Still Lack Basic Security Measures: MS-ISAC Report
In our opinion, the report’s authors are diplomatic in their summary: “The K-12 community displayed an overall average maturity score of 3.55 on the 2021 NCSR’s 1 through 7 maturity…
Inadequate Security + No Insurance + No Ransomware Payment = Disaster for Australian Health Insurer
Australian health insurance provider Medibank Private Ltd. refused to pay ransom. Now hackers are releasing records from some of the app. 10 million customers whose data was compromised. “Following through…
K-12 Schools Having Trouble Getting & Maintaining Cyber Insurance: GAO
“Additional federal coordination is needed to enhance K-12 cybersecurity,” says the report from the United States Government Accountability Office (GAO). But it looks as if many school districts are failing…
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Creepy Twist from Hackers of Australian Insurance Company Medibank
“The group threatened to release the data of Medibank’s ‘1k most [prominent] media persons’ which includes ‘[those with the] most [social media] followers, politicians, actors, bloggers, LGBT activists [and] drug…
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Some Shrewd Underwriting in a Complicated Market
Resilience CEO Mario Vitale recounts how his company found a vulnerability in the system of a client…and the client was still procrastinating about fixing the problem when the policy’s renewal…
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Ransomware Has CISOs on the Defensive; Cyber Insurance a Fallback
The statistics on how many CISOs have been hit by two to five ransomware attacks are sobering. “More organizations ‘have implemented ‘Plan B’ measures this year, from opening cryptocurrency accounts…
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Why Did the White House Decide NOT to Ban Ransomware Payments?
“’It is so hard and so much more work needs to be done to improve the security of tech, to improve the cybersecurity of systems, that we’d essentially be pressing…
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Companies Hoping Government Will Cover Cyber Losses: Survey
Hope of a government bailout doesn’t strike us as a realistic assumption for the vast bulk of ransomware attacks… “Only 19 percent of those surveyed have ransomware coverage limits above…
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Most School Districts Lack Even a Single Dedicated Cyber Security Employee and Colleges Are Losing Theirs to Outside Recruitment: Report
“Limited funds leaves (sic) K-12 districts struggling to make some cybersecurity investments or pay competitive cybersecurity salaries, (Amy) McLaughlin said. CoSN’s (K-12 professional association) most recent survey found a quarter…