Cyber Risk


09

Jan 2018

The new way using a wireless mouse or keyboard leaves you vulnerable

By Ben Goodman You are sitting in your favorite coffee shop with your laptop. You’ve never been a fan of the laptop’s touch pad so you plug in the USB dongle for your favorite wireless mouse and begin browsing the internet, checking emails, etc. You stop using your laptop briefly to check your written notes. You notice a sudden flash of a window popping up,...

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05

Jan 2018

What you should know about Spectre and Meltdown

By Corey McReynolds Two large exploits, “Spectre” and “Meltdown”, have been released that allow reading privileged memory with side-channel attacks on Intel and ARM processors. This issue is known to affect nearly all processors in personal computers, Macs, servers and mobile devices (both Android and iOS). AMD processors are affected (only to “Spectre”), but to a much lesser degree. The result of a successful attack can...

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24

Aug 2017

Petya: Cyber Warfare Deception

By Ryan Ernst The following article originally appeared in the August 2017 edition of Gulf Insider online magazine. “All warfare is based upon deception.” – Sun Tzu, The Art of War Petya, the global cyberattack launched weeks after the WannaCry ransomware, appeared at first as a new variant of the original 2016 ransomware of the same name.  However, security researchers soon identified significant differences prompting...

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25

Apr 2017

Shadow Brokers Release: Microsoft Exploits and Your Business

By Jason Graf It seems like something out of a spy novel: A covert band of cybercriminals releases details of extraordinary weaknesses in unsupported versions of Windows that could be used to wreak havoc on businesses and individuals worldwide. The Shadow Brokers release is real, and it has the potential to cause serious damage. On April 14, the Shadow Brokers, a hacker group originating in...

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17

Nov 2016

Holiday Shopping Safety Series

Holiday Scams and Hoaxes By Joe Gray Because the cash flow is on the rise, the activity of cyber criminals are increasing as well. The purpose of this blog series is to educate you, the reader, about how to be safe through this season including Black Friday, Small Business Saturday, and Cyber Monday. While I try to be thorough, I cannot possibly cover everything, but...

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16

Nov 2016

Holiday Shopping Safety Series

Shopping Via Credit Card and e-Commerce By Joe Gray It’s that time of year again: stores closing for a couple of hours (if at all) on Thanksgiving while others are completely closed. Black Friday is creeping into Thursday and cutting into turkey overload time. Starbucks has the peppermint syrup for our frappuccinos, lattes, and mocha drinks. Families are shopping for the best deals for the...

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03

Nov 2016

The CyberSecurity State of the MidSized Company is Risky Business

If your company employees 250 or more people a year and earns more than $10 million a year in revenue, your cybersecurity concerns are far different than your neighborhood shop with 20 employees and a significantly smaller budget.  Mid-sized businesses are often tucked away in the small-to-mid-sized business (SMB) category because, frankly, the federal government doesn’t formally recognize a mid-sized category.   However, if your company posts between...

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27

Apr 2016

Cyber Liability Insurance: A New Normal for Business Risk Protection

The global cost of data breaches will rise from about $600 billion in 2016 to more than $2.5 trillion in 2020. Even in years when severe weather disasters wreak havoc, the price tag on the damage these natural disasters cause doesn’t equal the losses a data breach can incur. So why is insuring against natural disasters fully understood as a cost of doing business, but...

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14

Apr 2016

What is Your Appetite for Cyber Security Insurance?

It’s no secret that the cost of cyber attacks is increasing. The damage to first and third parties, the cost of regulatory fines, the loss of reputation and the price to clean it all up is also a new consideration for businesses, particularly mid-market companies without deep pockets. So what is the appetite for cyber insurance? According to Marsh, a leading insurer, companies in ever-larger...

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07

Apr 2016

To Combat Cyber Risk, Retailers Should Consider Cyber Insurance

Between fickle sales volumes, fluctuating profit margins and frugal competition, retailers often forget – or don’t understand – the complexities of digital security and cyber risk. Recent cyber-attacks on Target, Home Depot and, now, smaller and mid-sized merchants show that retailers are a favorite target for cyber thieves, hackers and other online criminals. Rapid business growth can lead to gaps in data security and these highly-skilled bad actors know...

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