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Supply Chain Attacks, Terror Pigs, and Spin Rates
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Email Fatigue
94% of malware is delivered via email, and 80% of security incidents stem from phishing. And as my son likes to remind me, 82% of statistics (or 75%, depending on the day) are made up. Which also reminds me of a quote attributed to former Indians third baseman Toby Harrah (I had his autograph model glove in 3rd grade); “Baseball statistics are like a girl in a bikini- they show a lot, but not everything.” But I digress. As email volume continues to increase (feel free to look at my inbox for proof), people become lackadaisical when clicking. Too many emails, not enough attention paid to what you’re doing. That’s exactly what hackers are hoping for. This piece has some good reminders as to how to protect yourself and what to look for when opening your 117th email of the day.
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Cyber Liability
This piece on rising reinsurance rates for cyber liability coverage had so many good comments and stats that I didn’t know what to include in this paragraph! It could be the one about rates having increased by 40%. Or maybe this gem; “cyber insurance has not helped organizations improve their cybersecurity and is actually facilitating the behavior of cybercriminals…” Or maybe I’ll just stick with a couple of statistics; “…ransomware incidents represented 41% of all cyber insurance claims filed in the first half of 2020. The company said there was a 260% increase in the frequency of ransomware attacks among their policyholders, and they found that the average ransom demand increased 47% –Claims ranged from as low as $1,000 to $2 million.” Last but not least, a reminder regarding security awareness training; “Organizations must increase employees awareness of cybersecurity so that they can be the first line of defense and recognize malicious activities.”
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| Cleveland
It was suggested to me during a sales meeting last week that there’s enough random Cleveland info to post an item each week. As it happened, I’d already planned an item on the USS Cod submarine, now retired and docked downtown. During that same meeting, I was presented with a book on Russia’s biological weapons program (anthrax, smallpox, Ebola, etc.) and told that the author and man who ran the program is now a scientist living in Cleveland and doing great things. I haven’t had a chance to read the book yet (thanks, Don!),as I’d just started a new one. But my colleague here at Ashton, Pete Bunevich, said it’s an absolute page turner. |
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Contact Lenses
Here’s your oddity of the week. I won’t give anything away, so you’ll have to click on the link to the article.
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