Business Cyber Risk
Analyzing the Global Impact of Cybersecurity, Law, and Business Risk
Business Cyber Risk

Ransomware Attack Forces Company Into Bankruptcy

A ransomware attack forced United Structures of America Inc. into bankruptcy according to court filings. In May 2019, the Texas-based steel structure manufacturer was the victim of a ransomware attack that encrypted its data (including financial information, accounts receivable, etc.) and the software to run its manufacturing equipment. The company paid the ransom but decryption…

Read More

Shawn Tuma Provided Texas Bar Journal 2021 Cybersecurity & Data Privacy Year in Review Update

Shawn Tuma provided the Texas Bar Journal’s 2021: The Year In Review – Cybersecurity & Data Privacy Update which addressed the following issues: updated Texas data breach notification requirements federal and state hacking laws whistleblower claims for reporting cybersecurity deficiencies within an organization authority of consent for search warrants and password protected devices Read more…

Read More

Facebook Outage: Shawn Tuma’s WFAA Interview from the deck at #NetDiligence

While it was only a very short clip (@1:00), there was something really fun about doing a tv interview, sitting on the deck overlooking the Pacific Ocean in Santa Monica, while at NetDiligence®Cyber Risk Summit #NetDiligence to talk about Facebook‘s little cyber “thing”! https://www.wfaa.com/video/tech/investigation-underway-after-facebook-goes-down-for-almost-a-day/287-18ccb300-6b97-4e22-a0ef-046ce8523318?jwsource=cl Full Story: Facebook outage: nice break or rude awakening?

Read More

Cyber Insurance Fact vs Fiction (i.e., dispelling the myths!): #DtSR Podcast Episode 454 with Sean Scranton & Raf Los

My friend and cyber insurance underwriter guru Sean Scranton and I were guests on the Down the Security Rabbithole Podcast with Raf Los for episode 454, Cyber Insurance Fact vs Fiction.  It is always fun to join the #DtSR Podcast and this time was no disappointment! In Episode 454 we discuss all things cyber insurance from…

Read More

StopRansomware.gov – the U.S. Government’s One-Stop Resource for Ransomware

The U.S. Government has launched a new resource to help combat the ransomware pandemic. Below is the relevant information it has shared: The U.S. Government launched a new website to help public and private organizations defend against the rise in ransomware cases. StopRansomware.gov is a whole-of-government approach that gives one central location for ransomware resources…

Read More

Ransomware! What is it and how do you better protect against it?

Just as one pandemic — COVID-19 — seems to be winding down, another — THE RANSOMWARE PANDEMIC — is now wreaking havoc on our society with full force. Critical Information You Need to Help Better Protect Your Practice and Your Clients From Ransomware, my article in the July 2021 Texas Bar Journal, attempts to provide…

Read More

Kaseya Ransomware Attack – Yet Another Lesson in Humility and the Need for Resilience Preparation

In the Kaseya ransomware attack the REvil threat actor group achieved exponential reach by compromising a tool that managed service providers (MSPs) use to manage their customers networks to encrypt the networks of those companies that were customers of the MSPs. Current estimates are that around 60 of Kaseya’s MSP customers were compromised and that…

Read More
%d bloggers like this: