Risk Management June 20, 2022

Who is legally responsible for a cyber incident?

3 min read - After a company discovers a cyber attack on its network, the finger-pointing begins. The CEO blames the chief information security officer (CISO). The CISO blames the financial officers for not setting aside enough money for cyber defenses. The chief information…

Advanced Threats July 16, 2021

Cyber Insurers Might Be Making the Ransomware Problem Worse

4 min read - In mid-May, one of the largest insurance companies in the U.S. paid $40 million to ransomware attackers. Two people familiar with the matter told Bloomberg that the malicious actors stole an undisclosed quantity of data and then effectively locked the…