Tag Archives: cyber security

The Age of Ransomware: mitigating the next cyber heartbreak after WannaCry

The Age of Ransomware: mitigating the next cyber heartbreak after WannaCry

A cyber catastrophe has occurred. A little before noon on Friday, 12 May 2017, a highly virulent strain of the ransomware WannaCry (known as WannaCrypt) began to spread through Windows systems worldwide, crippling the NHS healthcare system, Russian government ministries and French automobile plants, and ultimately impacting more than 200,000 computers in 150 countries byRead more

NSA Cyber Weapon Stash for Sale

NSA Cyber Weapon Stash for Sale

Éireann Leverett Risk Researcher, Centre for Risk Studies, Judge Business School at University of Cambridge, and CEO, Concinnity Ltd. Dr. Andrew Coburn SVP, RMS, Inc., and Director of Advisory Board, Cambridge Centre for Risk Studies, Judge Business School On 13 August the ‘ShadowBrokers’, a previously unknown hacker group, posted an online auction of a setRead more

Differentiating two cyber risks.

Differentiating two cyber risks.

Traditional insurance practice involves insulating the insurer’s operational risks from the risks they are insuring. This means that maritime shipping insurance companies don’t place their headquarters aboard ships. Those that insure floods don’t have offices in floodplains. Usually, it’s geography that allows the insurer to escape the risk, but not always. Solar storms and coronal massRead more