The ransomware puzzle – To pay or not to pay?
The explosion of debilitating ransomware attacks raising the enduring tension between morality and business reality. Several business leaders are often finding themselves stuck in difficult position, asking the vexing question – should we pay up the hackers in the hope of recovering our files, or should we stick to our principles, even if it means closing…
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Cyber Security Challenges: The Menacing Twelve
The growing list of egregious cyber attacks continue to convey a steady and unambiguous message – this threat will only grow wider and grislier. There are several factors spurring the growth of cyber crime. In the following section, I discuss what I consider the top 12 most pressing factors, most of which are explored in…
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Boosting Cyber Resilience Through Cyber Insurance
The board of directors, in exercising their fiduciary responsibilities, should ensure that the enterprise maintains a comprehensive cyber insurance plan covering both internal and external losses resulting from a cyber attack. Insurance companies have already started including cyber-risk exclusions on traditional covers, making it clear that businesses can experience severe shocks in the event of…
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Protecting yourself online: My Top 9 Tips
Let’s take a deep breathWhenever a notable data breach is announced, the media is quick to throw big words and phrases – zero-day vulnerabilities, advanced cyber weapons, nation states, etc. Consequently, many consumers now harbor deep-seated beliefs that protecting themselves against cyber crooks is unattainable. But if we pose and reflect, most of these cyber-attacks, even…
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