Author Archives: admin

Business TREND. Growth in Cyber Security Insurance. By the Numbers

For the U.S. market of cyber secuity insurance policies in 2017:

  • 32% growth in direct premiums written in year over year growth
  • $1.8 billion,
  • 2.6 million policies in force, a 24% increase
  •  claims increased to 9,017 from 5,955
  • 56.3% of the claims by packaged policies
  • 43.7% of claims by standalone policies  

Insurance Journal | U.S. Cyber Market Grew 32% in 2017 But Most Small-Medium Firms Opted Out: A.M. Best

Local Procurement TREND. Cost Saving. Outsourcing Cybersecurity.

In lieu of hiring cyber security employees, local governments are using third party software and hardware to bolster cybersecurity. 

What short hand do I need to know for this technology?

  •  It is “machine learning and AI”
  • It  can detect cyber threats rapidly
  • it allows for large-scale behavioral detection

State Tech | Cities and Counties Turn to Machine Learning to Bolster Cybersecurity

+1 State Considering Bitcoin Campaign Contributions. 5 Quick Points. Be informed in 5 seconds.

State: Colorado

Proposed Rules for bitcoin campaign contributions will:

  • follow along with the FEC
  • A Colorado Governor candidate was one of the 1st campaigns to accept bitcoin during the candidates congressional run
  • includes accounting rules
  • that liken cryptocurrency to inkind contributions
  • any crypto currency contributions count toward contribution limits

Governing | Should Bitcoin Be Used for Campaign Donations?

5 Points. Texas Cyber Security Experts Tell Texas What to Do.

Which Texas cybersecurity experts signed this letter to the Texas Secretary of State?

  • Scott Aaronson, Professor, University of Texas at Austin
  • Chris Bronk, Assistant Professor, University of Houston
  • Alvaro Cardenas, Assistant Professor, University of Texas at Dallas
  • Guofei Gu, Associate Professor, Texas A&M
  • Murat Kantarcioglu, Professor, University of Texas at Dallas
  • Jiang Ming, Assistant Professor, University of Texas at Arlington
  • Dan S. Wallach, Professor, Rice University
  • Brent…

Local TREND. Primary Election Hacked in the Iris State

Local May 2018 election that was hacked:  Knox County, Tennessee primary for mayor &  local races

What kind of hack was used?  A DDoS attack routed through 65 countries

Translation of the hack? A lot of computers from all over the world tried to access the web server for the election from 7pm to 10pm causing the election site to crash

Politico |  WHAT HAPPENED IN TENNESSEE: 

The German Response to Protecting Critical Infrastructure from Hackers

Who is offering the suggested solution to combat hackers? The head of Germany’s domestic intelligence service

What is the proposed solution to combat hackers of Germany’s critical infrastructure? to plant malware that gets triggered when the critical infrastructure is hacked.

What does that mean in non-tech term? Fight back by hacking back. 

dw.com | German intelligence head warns of cyber attacks on critical infrastructure

 

1st State. Data Insurance Law. Regulator Initiated. Your shortcut to being informed:

South Carolina’s  H4655 (2018 | SC) will:

  • require insurers to establish “strong and aggressive” program to protect companies from a data breach
  • require insurers to establish “strong and aggressive” program to protect consumers from a data breach
  • what does it cover?  
    • rules for insurers, agents and other licensed entities covering data security
    • investigation and notification of breach
    • maintaining an information security program based on ongoing risk assessment
    • overseeing third-party…