Tag: 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…

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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?

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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…

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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…

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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…

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Reimagining Cyber Podcast: So You’ve Been Hacked, Now What?

I was a guest recently on the Reimagining Security Podcast and recorded the episode “So you’ve been hacked, now what?” Here is a link to a detailed and informative blog post about the episode and the actual episode.   As detailed in the blog post, we covered these key topics and a few more: reasonable cybersecurity…

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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…

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Podcast: #DtSR Episode 449 – TPA Tuma on A Watershed Moment for US Cyber

I was a guest recently on the Down the Security Rabbithole Podcast with Raf Los and James Jardine for episode 449 titled TPA Tuma on A Watershed Moment for US Cyber.  It is always fun to join the #DtSR Podcast and this time was no disappointment! In Episode 449 we discuss legal proceedings and what could…

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Ransomware Attacks! The 5 Best Practices the White House Urges all Businesses to Take to Mitigate Them

The threat of ransomware attacks against all American businesses is so great that on June 2, 2021, the White House issued a memo to all corporate executives and business leaders with the subject “What We Urge You To Do To Protect Against The Threat of Ransomware.” This is the first time such a memo has ever been…

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Understanding How Cyber Insurance Impacts Your Incident Response Planning (video of Shawn Tuma’s SecureWorld session)

In this SecureWorld session, Shawn Tuma teaches how cyber insurance impacts your incident response planning and why the two should work together, hand in hand. Listen Here: Article Page: Cyber Insurance and Incident Response: What to Know Talk Direct Link: https://youtu.be/wvEDCS-D1CY

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