With ransomware attacks seemingly at a fever pitch of late, the cyber insurance industry has come into stark focus as well, as some companies turn to their insurers to cover a ransom when attacked. But Cyber Research Analyst Jamie MacColl with the UK’s Royal United Services Institute (RUSI) tells us cyber insurance is more than just paying ransoms. He discusses his latest research paper, titled "Cyber Insurance and the Cyber Security Challenge," which examines the industry - including the positives and negatives of the current setup. He also tells us what could be done to improve it, from better collaboration, incentives for cyber secure clients, and better government guidance.
In headlines, we discuss another major ransomware attack, this one particularly widespread, as well as some Google Play apps that stole Facebook credentials, and why #infosecbikini was trending recently.
See the stories:
Up to 1,500 businesses affected by ransomware attack, U.S. firm's CEO says
Google removes popular Android apps that stole Facebook passwords
Cybersecurity Workers Flood Twitter With Bikini Pics to Protest Harassment
Find the latest from us on our blog https://firewalls.com/blog.
Please drop us a rating and review wherever you listen, and feel free to email us at email@example.com with any questions/suggestions/concerns.
Thanks very much for listening!