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Cybersecurity insurance is a valuable tool for specific purposes. It is not a replacement for a proper risk mitigation program, but can displace some of the financial losses for extreme cyberattacks. Policies can provide important financial relief, but it should never be the first or only line of defense.
Check out the article by Mirko Zorz at Help Net Security magazine: https://www.helpnetsecurity.com/2025/03/27/cyber-insurance-ciso/
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What does it say about our industry when a cybersecurity compromise that, in a software supply-chain vendor creates a minor inconvenience (forcing timecards to be written down by Starbucks workers), gets tremendous visibility in the media?
Perhaps it is because it threatens our coffee addiction (me included)?
This is how society priorities cybersecurity issues!
https://www.cnn.com/2024/11/25/tech/starbucks-ransomware-attack
#DontTouchMyCoffee
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There are many cybersecurity and privacy risks to consider, both from the user and the enterprise, when it comes to Microsoft's new OneDrive feature that will connect their personal OneDrive with their work device!
LinkedIn: https://www.linkedin.com/in/matthewrosenquist/
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For more Cybersecurity Insights: https://www.cybersecurityinsights.us/
Do CISOs Want to Split Their Role?
A recent report by Trellix indicated that due to growing complexity, responsibility, and regulatory accountability, a majority of CISOs believe their role should be split into separate positions.
I donโt see a positive outcome if these roles are separated from an existing CISOs. It should not be a split, but a purposefully designed hierarchical structure under the CISO that will make leader more capable and effective in navigating and steering the risks seas.
More extortions, same breach - a perfect example of how not to deal with ransomware risks. The nightmare continues for schools, students, and teachers who's private data was exposed by PowerSchool.
https://matthewrosenquist.substack.com/p/powerschool-data-breach-round-2-extortions
We have all heard of cyberattacks against national critical infrastructures. It sounds menacing, but have we as individuals really felt the direct impacts? It is likely coming and will be brutally memorable.
As aggressive nation states ramp up cyberattacks #cybersecurity matters more every day!
The InCyber Forum Canada 2024 conference is an outstanding event, packed with multiple stages, many thought-leadership panels, and an expansive array of vendors showcasing their latest innovation.
Come to Montreal Canada, Oct 29th-30th, and check out our panel Protect your Data, Thrive in Business: Strike a Balance.
Registration is open and here is a 50% registration discount code!
Register: https://2024.northamerica.forum-incyber.com/en/pe1/pe1-home.htm
Discount code is: ININ59XU2CF3
In this episode of The Cybersecurity Vault, we discuss these changes with Ryan McBeth, an intelligence analyst and popular YouTube influencer who delves into the risks and paints a unique picture of our rapidly evolving world.