In-brief: A report from the Ponemon Institute puts the annual cost of phishing attacks at $300,000, much of it due to lost productivity. Can that number be believed? It’s hard to know.
Insurance
Whitehouse Taps Google Advanced Projects Lead for Software Safety Lab
In-brief: The Obama Whitehouse has tapped famed hacker Peiter Zatko (aka “Mudge”) to head up a new project aimed at developing an “underwriters’ lab” for cyber security.
Clueless Clause: Insurer Cites Lax Security in Challenge to Cottage Health Claim
In-brief: In what may become a trend, an insurance company is denying a claim from a California healthcare provider following the leak of data on more than 32,000 patients. The insurer, Columbia Casualty, charges that Cottage Health System did an inadequate job of protecting patient data.
Cyber Insurance: Triumph of the Accountants?
In-brief: Rapid advancement in the market for cyber insurance is poised to transform a cyber security market based on FUD (fear, uncertainty and doubt) to one based on hard numbers and risk. Consider yourself warned!
Verizon: Internet of Things Hacks Pose Little Risk – For Now
In-brief: Verizon said in its latest Data Breach Investigations Report that threats from Internet of Things technologies were more theory than practice in 2014, but that 2015 could see IoT devices play a role in breaches.
