SS-NEWS-40: No Insurance Payout for State Sponsored Attacks

Episode 40 December 19, 2021 00:49:44
SS-NEWS-40: No Insurance Payout for State Sponsored Attacks
Security Serengeti
SS-NEWS-40: No Insurance Payout for State Sponsored Attacks

Dec 19 2021 | 00:49:44

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Show Notes

In this episode, we review Lloyd's recent announcement on not covering state sponsored attacks, an article from Anton Chuvakin on SOC technology fails, and a non-security related article on NFT's.  Just cause.

Article 1: Lloyd’s Carves Out Cyber-Insurance Exclusions for State-Sponsored Attacks
Supporting Articles:
Cyber War and Cyber Operation Exclusion Clauses
Insurers run from ransomware cover as losses mount
Resistance is ... cheap? Cloudflare, Mandiant, and pals form incident response 'n' cyber insurance borg
Cyber insurance model is broken, consider banning ransomware payments, says think tank

Article 2: SOC Technology Failures — Do They Matter?

Article 3: NFTs Are Digital Signaling

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