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CrowdStrike: Lessons on the Importance of Contracts, Insurance and Business Continuity

IT Governance

According to Parametrix , an insurance company specialising in Cloud outages, cyber insurance policies likely cover up to 10–20% of losses only. As a direct result of that blockage, oil couldn’t reach its destination, manufacturers couldn’t get crucial parts, and so on. Then there’s insurance. of its share price.

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Time and tide waits for no man – IoT in Insurance

CGI

Time and tide waits for no man – IoT in Insurance. This old saying could also be applied for what is happening in the insurance market with IoT and that given the drive behind IoT in both the consumer and business markets. For example, car insurance could be varied between theft and fully comprehensive when the Car is not being used.

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Insurers’ digital focus is looking through the wrong ‘lens’

CGI

Insurers’ digital focus is looking through the wrong ‘lens’. Read any article on digital insurance and it seems to me that it is all about the insurers! In a more advanced state CGI’s experience in using HoloLens technology from Microsoft suggests to me that this is an area ripe for consumer focussed insurer innovation.

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CyberheistNews Vol 13 #20 [Foot in the Door] The Q1 2023's Top-Clicked Phishing Scams | INFOGRAPHIC

KnowBe4

[link] Munich Re: '3X Growth Estimated in Cyber Crime Costs Over the Next 4 Years' As cyber attacks continue to grow in sophistication and frequency, cyber insurers are expecting their market to double in the next two years. I've also talked quite a bit about cyber insurance and the recent trends. billion by 2027. "3x

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Infosource Global IDP Vertical Market Analysis 2023-2024 Update

Info Source

The most advanced sectors in digital transformation, such as Banking and Insurance, are leading in AI adoption. Sector-Specific Opportunities : The report identifies significant opportunities in sectors with advanced digital transformation, such as Banking, Insurance, Healthcare, and Manufacturing.

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Is Pepsi Okay? Bottling Plant Suffers Malware Attack

IT Governance

The nature of the compromised data suggests that it belongs to Pepsi Bottling Ventures employees – if only because you wouldn’t expect a manufacturer to have any significant amounts of data on customers. Bottling Plant Suffers Malware Attack appeared first on IT Governance UK Blog. What went wrong? The post Is Pepsi Okay?

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Multinational ICICI Bank leaks passports and credit card numbers

Security Affairs

ICICI Bank’s response Threat to financial accounts Finance and insurance are one of the most targeted industries by cybercriminals. Last year, with a total share of 18% of all cyberattacks, it was the second most targeted industry, following manufacturing.