How a Cyber-attack Could be Your Launchpad

Image by Gerd Altmann from Pixabay In most organizations, the CISO has always been at the receiving end of any cyber-attack while this may seem to be the ideal thing to do, it is not always the right thing and the fact of it all is that in the overall, the CISO may even use the experience garnered from such an attack to update. It’s highly probable that having been the victim of a cyber-attack may actually go a long way in enhancing your CV. In the cybersecurity world, the past decade has been fraught with questions on whom to blame over a data breach or cyber incident. When such things happen, the victims usually want to hold somebody accountable for their perceived loss which should be expected.  What, however, happens in most cases is that chief information security officers (CISOs) and chief information officers (CIOs) are given the boot, occasionally, the CEO is shown the door too. While these actions may placate the aggrieved, it’s not always correct that their actions or inactions are directly responsible for the breaches. A situation that quickly comes to mind is that of one of the world’s biggest credit score agencies, Equifax, that experienced a catastrophic…

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Business, Technology

Why You Must go For Cyber Insurance Now

Cyber insurance may sound alien or strange, you won’t be the only one having such a view. You may even frown at anybody who suggests that you go for cyber insurance and you will be right. Insurance policies are, however, not strange to businesses but going for cyber insurance sounds as if we are taking the game too far. But then, you have never thought even in your wildest dreams that you will get to a situation where the fear of cyber threats is the beginning of business wisdom. Even where you want to believe there is no need for cyber insurance, the evidence on the ground completely contradicts any such notion you may be having. Cyber attacks are not in any way relenting and cybercriminals are becoming more sophisticated and tech-savvier  Jeremiah Grossman, founder of WhiteHat Security and organizer of the cyber insurance micro summit Black Hat 2019, said he believes cyber insurance will have “a profound impact on every single one of us, in every single thing that we do in this industry.” This is definitely the reason why the cyber insurance market has experienced a boom in recent years. The bitter truth is that despite the boom…

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