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. In part II, we invite Chip Block of the firm Evolver back into the studio to talk about the challenge that “converged” cyber physical systems pose to insurance carriers as they try to wrap their arms around their exposure to cyber risk. Editor’s note: as an experiment this week, we’re posting each interview as a separate download, to see if that makes it easier for listeners to jump to the content they’re most interested in. Use the comments section or Twitter (@securityledger) to let us know what you think or whether you prefer the single download!
Risk
NotPetya Horror Story Highlights Need for Holistic Security
The NotPetya malware’s ability to cripple even sophisticated, global firms is a cautionary tale about the need for businesses to understand their risk and take a holistic view of security says Fadi Albatal, Chief Strategy Officer at Hitachi Systems Security.*
Podcast Episode 111: Click Here to Kill Everybody and CyberSN on Why Security Talent Walks
In this week’s podcast (episode #111), sponsored by CyberSN: what happens when the Internet gets physical? Noted author and IBM security guru Bruce Schneier joins us to talk about his new book on Internet of Things risk: Click Here to Kill Everybody. Also: everyone knows that cyber security talent is hard to come by, and even harder to keep. But why does precious cyber talent walk? In our second segment, we’re joined by Deidre Diamond of cyber security placement firm CyberSN, who has all the answers.
Opinion: Don’t Be Blinded by APTs
In this industry perspective, Thomas Hofmann of Flashpoint says that sensational coverage of advanced persistent threat (APT) actors does little to help small and mid sized firms defend their IT environments from more common threats like cyber criminals. The key to getting cyber defense right is understanding the risks to your firm and prioritizing investments to protect critical IT assets.
Update: Two Years After Discovery Dangerous Security Hole Lingers in GPS Services
Security researchers warned of a serious vulnerability in a GPS service by the China-based firm ThinkRace exposes sensitive data in scores of GPS services, more than two years after the hole was discovered and reported to the firm. (Update: added comment from John van den Oever, the CEO of one2track B.V – PFR 1/3/2018)