Ted Dziekanowski, thoughts on cloud security.

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Ted Dziekanowski, thoughts on cloud security. As HR solution provider Kronos reports Ransomware attack impacting parole processing. With services expected to be off line for some time, leading up to the Christmas holiday period.

Ransomware is on the rise and by any measure it is troubling. Cyber stats are difficult to pin down, but the trends are relatively clear. The number of ransomware attacks in 2021 is up on 2020 (with the FT reporting a quadruple in the number of attacks). Average remediation costs have doubled to over $1.85million, cyber insurance premiums spiked 32% to mid year 2021, on the previous year and cyber insurance coverage is down, putting underwriting under pressure. (https://lnkd.in/e2zZQVR4)

Jason Spezzano Brian McCarthy

#theaugustagroup‚ #theaugustaplan‚ #cybersecurity‚ #supplychainriskmanagement‚ #cyberriskmanagement‚ #compliance‚ #regulatorycompliance‚ #regulatoryoversight‚ #esg‚ #scrm‚ #cscrm‚ #cybercompliance‚ #cyberregulation‚ #cybergovernance‚ #digitalcurrency‚ #sec‚ #cyberriskgovernance‚ #dhs‚ #securitiesandexchangecommission‚ #ransomeware

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Cyber Insurance, Cybersecurity, Regulation & Compliance

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