Stop Breaches with Analytics and Artificial Intelligence

According to Gartner, companies will spend up to $96 billion worldwide on security this year, but research by Centrify and Dow Jones suggests that up to 79% of companies have experienced a significant breach. Forrester estimates that 80% of security breaches involve privileged credentials. It’s understandable: After an intruder gains access to the employees’ devices, they try to snoop the network and install keylogger to get higher privilege credentials (such as root or administrator). Privileged credentials provide greater scope for stealing data en masse than individual accounts do. Traditional Privileged Access Management (PAM) products have been trying to resolve the…

Cyber Risk Insights from the AIG 2017 Cyber Insurance Review

I read with interest AIG’s 2017 Cyber Insurance Review. In a one sentence summary: cyber insurance claims are up, due to systemic ransomware and wiper malware attacks, the cyber business is booming, but we are still early in the market evolution. Reading the report prompted me to ask three questions regarding Cyber Insurance: How well do insurance brokers understand cyber risk and cyber insurance? What percentage of businesses shopping for cyber insurance truly understand their cyber loss exposure in quantitative terms, and conversely how well do brokers understand their exposure What security controls and policies do businesses have in place…

Trends to look for next week at RSA Conference 2018

Next week (April 16-19) is the 2018 RSA Conference at the Moscone Center in San Francisco, and there’s good news: it’s not too late to register for a complimentary Exhibit Hall Only Pass using the Centrify entry code X8ECENTR. You’ll get free admission to the Exhibit Hall, Wednesday through Friday keynotes, select sessions throughout the week, and several other events you can learn about here. If you’re on the fence about whether or not to attend, here’s a preview of the topics we expect to generate the most RSA buzz. If any of these interest you, register, and be sure…