
AWS’ Entry Into Cyber Insurance Market Could be Game-Changing
Amazon spent two and a half years digging into this market, and their insurance offering is a development that could be yet another market disruption
Amazon spent two and a half years digging into this market, and their insurance offering is a development that could be yet another market disruption
Risks exist for which the asset and wealth management industry will need to take heed
Recent SEC activity could be just the beginning in terms of fines
Do you visit a dentist when you need a physical check-up? Do you see a doctor when you have a cavity? Of course not, but that scenario is exactly what we encounter when working with new clients who have relied on their IT Managed Service Provider (IT MSP) to lead their cybersecurity program
ChatGPT Cyber Risk
There have been a few instances of custodians actually firing their regulated asset management clients because the managers suffered a loss due to wire fraud and didn’t have a cybersecurity program in place
Criminals use the same tools that the big insurance companies use, enabling them to identify your shadow IT assets and related vulnerabilities
The benefits of using a commercial password aggregator still outweigh the risks of trying to keep up with many individual passwords as long as you’re using multi-factor authentication
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