Building Blocks of a Catastrophe Scenario
With major attacks such as Microsoft Exchange, Blackbaud and SolarWinds making headlines over the past year, CyberCube analyses how supply chain cyber risk has shifted from an identified risk area to become a key topic of interest in the security and insurance industries.
The report identifies growing similarities between cyber ransomware attacks and the kidnap trade. Among these is the rise of so-called cyber cartels – gangs of cyber criminals organised along the lines of drug cartels. These cartels are changing the ‘rules’ of ransomware to keep ahead of the authorities’ efforts to thwart their activities.
What Every CISO Needs to Know About Cyber Insurance
The impact of a cyber attack to an organization’s brand, reputation, and business operations can be catastrophic. Organizations need to plan proactively but prepare for the reactive, which includes insurance for goods, intellectual property (IP), and commerce—the assets sailing across the digital landscape. Welcome cyber insurance.Articles
Reinsurance: An industry in Terminal Decline or at the Beginning of a New Golden Age?
In 2016 so far, at least 12 documented “ransomware” attacks have been targeted at U.S. healthcare organizations. This specific type of malware is used to encrypt data with a decryption key accessible only to the hacker, blocking system access until a ransom is paid...Articles
Measuring Cyber Aggregation Risk
Cyber risk is now an embedded feature of the global risk landscape, and preventative risk management and post-event remediation are gaining importance as shareholders, customers, supply chain partners, and regulators are increasingly focused on how companies are managing for cyber risks...Articles