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

IT Governance

Mitigating supply chain risk After widespread coverage, the CrowdStrike outage from 19 July 2024 hardly needs an introduction. According to Parametrix , an insurance company specialising in Cloud outages, cyber insurance policies likely cover up to 10–20% of losses only. of its share price. But it had far-reaching impact.

Insurance 104
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Episode 158: How NotPetya has Insurers grappling with Systemic Cyber Risk

The Security Ledger

We talk to Bruce McDonnell of the East West Institute about how insurers are responding. Related Stories Episode 155: Disinformation is a Cyber Weapon and APTs warm to Mobile Malware Podcast Episode 117: Insurance Industry Confronts Silent Cyber Risk, Converged Threats NotPetya Horror Story Highlights Need for Holistic Security.

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Podcast Episode 117: Insurance Industry Confronts Silent Cyber Risk, Converged Threats

The Security Ledger

In this episode of the podcast (#117), we go deep on one of the hottest sectors around: cyber insurance. In the first segment, we talk with Thomas Harvey of the firm RMS about the problem of “silent cyber” risk to insurers and how better modeling of cyber incidents is helping to address that threat.

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The synergy between UEM and medical device risk management

IBM Big Data Hub

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

Risk 76
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Protecting Against the Risks and Managing the Complexities of a Quantum World with Thales and IBM Consulting

Thales Cloud Protection & Licensing

Protecting Against the Risks and Managing the Complexities of a Quantum World with Thales and IBM Consulting madhav Thu, 01/25/2024 - 11:03 Contributors: Ollie Omotosho - Director, Strategir Partnerships, Thales Antti Ropponen, Head of Data & Application Security Services, IBM Consulting In the world of business, data security is paramount.

Risk 87
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News alert: Salvador Technologies raises $6M to empower cyber resilience in critical systems

The Last Watchdog

The company’s rapidly expanding customer base includes multi-national manufacturing corporations in the chemical, food, automotive and aerospace industries as well as critical infrastructure organizations, such as national maritime ports, healthcare centers, water and energy providers in multiple geographies.

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US CISA and FBI publish joint alert on DarkSide ransomware

Security Affairs

US agencies warn that groups employed DarkSide ransomware in attacks aimed at organizations across various Critical Infrastructure sectors, including manufacturing, legal, insurance, healthcare, and energy. “Our goal is to make money, and not creating problems for society,” reads a statement from the group.