Ransomware Readiness and Response from NetDiligence on Vimeo. Ransomware remains one of the most widespread and damaging cyber attack methods. With more than 55% of small and medium-sized businesses forced to pay hackers in 2019, it’s with good reason that ransomware is the number one concern of many organizations around the world. Despite that ransomware…

What is the current environment in digital risk management? According to panelists at the NetDiligence Virtual Summer Summit, the two hot items are the COVID-19 pandemic and the rapid expansion of data privacy regulation. During the panel “Digital Risk Management: Lessons Learned in the Current Environment,” moderator Kara Owens (Markel) was joined by Andreas Kaltsounis…

At the close of NetDiligence’s “Building a Compliance Program Without Breaking the Bank,” panelist Steve Greenawalt (DFDR) recommended two immediate actions for organizations – enable two-factor identification and keep an eye on the big picture of the risk landscape. This zoom-in/zoom-out approach characterized the entire session, with moderator Josh Mooney (White & Williams) leading panelists…

RDP Exploits and Ransomware—A Cyber Criminal’s Favorite Attack Pathway from NetDiligence on Vimeo. It’s no secret that cybersecurity professionals are most commonly playing catch-up to close digital vulnerabilities to would-be attackers. Ransomware remains one of the most effective and wide-spread attack methods, with a business targeted approximately every 11 seconds. These attacks can lead to…

On June 30, 2020, NetDiligence’s panel of experts took up the topic of Cyber War and Terror as part of the Virtual Summer Summit. Led by moderator Erica Davis (Guy Carpenter), panelists investigated the challenges of clarifying cyber policies to create uniform and fair exclusions in an environment where threat actor identities, intentions, and affiliations…

A Q&A with Ron Raether of Troutman Sanders, LLC, and Jason Smolanoff of Kroll The current COVID-19 outbreak shows no signs of slowing down, especially in the United States, and until an effective vaccine can be widely distributed, remote work will be encouraged if not required where possible. As we’ve already seen, however, these ad…

A cyber security incident calls for a fix, and the quicker the better. But as a company deals with immediate issues in the wake of a breach, can it also grow a stronger, more secure system? At the NetDiligence Virtual Summer Summit on June 30, panelists Tim Francis (Travelers), Sean Curran (West Monroe), and Ron…

The Non-Affirmative Cyber panel, hosted on June 30, 2020 at NetDiligence’s Virtual Cyber Summit had one clear message: non-affirmative is on its way out, and insurers need to respond with solutions that clearly and explicitly cover cyber risk in ways that insureds can understand and depend on. Moderator Robert Parisi (Marsh) began with an outline…

NetDiligence’s Business Email Compromise and Wire Fraud panel might have listeners longing for a simpler day, when a spoofed email could coax a distracted employee into making a wire transfer to a fraudulent vendor or fake business associate. A financial loss, certainly, but nothing like the complexity of current scenarios. On July 1, 2020, panelists…

A Q&A with Kathryn Harrison of the DeepTrust Alliance The rise of deepfake technology has the capacity to destabilize markets, sow public distrust and undermine the credibility of organizations and their leadership. As these tools become more accessible, the risks to insurers and their insureds loom in the not-distant horizon. We spoke with Kathryn Harrison,…