Where will the capital come from to underwrite cyber risk? Cyber is an unpredictable risk, expensive risk and difficult risk to management. Ransomware attacks continues to rise, the costs of managing cyber risk are increasing and there’s not enough resources…
Insuring cyber is becoming a issue of differentiation for insurers, but that was only every going to be thus. With a focus on cyber incident response insurers have found it difficult to model cyber risk. There’s no correlation between cyber…
One would love to know the +/- 3 standard deviations of this figure to get a feel for the spread. One wonders if and when governments will ban insurers from paying ransomware? @Thaddeus Dziekanowski Veritas GRC #cybersecurity #cyberriskmanagement View Original…
Interesting annual update by KPMG on the insurance industry from the perspective of CEOs and boards. Boardroom uncertainty seems to be at an all-time high across the insurance industry. With 43% saying their cyber strategy can keep up with…
As with all things CMMC the U.S is leading the conversation. A conversation the international Defense Industry Base (DIB) should listen to. The DoD and U.S government has struggled to get CMMC this far, but now that it is here…
For those companies and staff working in digitial and cybersecurity this is an important read, especially if you deliver services to Federal Government. The U.S Department of Justice announced an individual has been charged with major fraud against the United…
Thank you for posting Oliver F. Gosemann, for me this is an important report for a couple of reasons. The first is the German government used data from Bitkom to heavily substantiate its final NIS2 implementation draft in July 2024…
The UK Governments National Cyber Security Center has a new head in the form of Richard Horne. The first time the NCSC has put a person with cybersecurity experience and academics at the helm of the department responsible for the…
CISA issued a critical advisory for an exploitable software flaw in SolarWinds Web Help Desk. Giving Federal Agencies three weeks to comply. The patch is to resolve an issue of hardcoded credentials that allow remote unauthenticated user to access internal…
Thank you for posting Oliver F. Gosemann, a great summary demonstrating the challenges boards face with cybersecurity risk management. A worrying 66% of companies believe that their organisations face an existential threat from cyber. Cyber is no longer an informal…
