Matthew Koenig – Channel Consultant at SeedPod Cyber In today’s world the possibility of a client getting breached in some way is extremely high despite your best efforts. It is like trying to understand what my wife is thinking, I keep trying, but I am always wrong! Unfortunately, the bad guys are constantly coming up […]
Category: Thinking
Discover the top 10 cybersecurity risks for SMBs and learn effective strategies to protect your business from cyber threats.
At SeedPod Cyber, we believe in the power of collaboration to help organizations that make a difference. Recently, one of our Managed Service Provider (MSP) partners reached out to us for a policy review on behalf of their client—a non-profit Community Center dedicated to supporting low-income families. Identifying the Risk: Coinsurance Clauses During our review, […]
The MGM Resorts Shocking Cybersecurity Incident: What really caused it – and could have prevented it
Recently, two major players in the hospitality industry, MGM Resorts and Caesars Entertainment, found themselves sustaining direct, devastating attacks from cybercriminals. Both attacks shared a common thread: they exploited the human element within help desks, highlighting the critical need for robust training, policies, and procedures to protect against such incidents. The MGM Cyber Attack The […]
In the constantly evolving cybersecurity arms race landscape, it’s becoming increasingly clear that security has to be embedded into products and services from the outset, not just patched on or dealt with downstream when security vulnerabilities are found and exploited. The United States Cybersecurity and Infrastructure Security Agency (CISA) on April 13, 2023, released the […]
In recent years, ransomware attacks have become a major threat to organizations of all types, including nonprofits. In fact, for cybercriminals, nonprofits make for especially vulnerable and enticing targets right now due to the true most common cybersecurity vulnerabilities, which are broader than any specific technical vulnerability, and include: The truth is that most organizations, […]
Even your best cybersecurity measures can’t render your data perfectly secure. But you can be almost perfectly secure, if you follow best practices in order to harden your systems against the most common cybersecurity vulnerabilities. We’ll review exactly what’s meant by “best practices” below, but first let’s look at the successful attack on the password […]
Speaking to the Financial Times on December 26, 2022, Mario Greco, CEO of Zurich Insurance, warned that, just like natural catastrophes, cyber attacks will become uninsurable due to the multiplying and amplifying disruption from successful cyber attacks. The warning is dire and justified, but all too easy for businesses to misinterpret – to their peril. […]
As Nation state cyber-attacks become more prevalent, more insurance writers are starting to view the risk exposure as a significant threat. Lloyds of London expressed that starting March 2023, all policies will be excluding nation state cyber-attacks and cyber-attacks that may happen during a war event. Additionally, these policies are said to at least exclude […]
The answer is yes. Here’s why – and specific steps to mitigate the threats.
The truth is that, despite dramatic plot-lines in movies and news stories, the most common cybersecurity threat isn’t from shadowy, skilled hackers, but from all-too-human mistakes and weakness within your organization.
CISA (The Cybersecurity and Infrastructure Security Agency) is warning organizations that Russia’s invasion of Ukraine could include malicious cyber activity against the U.S. and stated that “evolving intelligence indicates that the Russian Government is exploring options for potential cyberattacks.”
Cryptocurrency holdings targeted by HubSpot hackers On March 18, 2022, HubSpot discovered that a bad actor, using a compromised HubSpot employee account, breached almost 30 portals of its clients. The attack seems to have been targeted at HubSpot customers in the cryptocurrency industry. The companies affected by the breach have said their operations were not affected and they have […]
The past year has been overwhelming in many ways, but cyber threats really took off and became a primary concern for all businesses, no matter the size. The 2022 Verizon Data Breach Investigations Report (DBIR) summarizes four key paths, all of which pervasive and should be a focus for organizations: Credentials, Phishing, Exploiting vulnerabilities, and Botnets. […]
As you may know, the cyber insurance market has been hardening due to the recent increase in threats, specifically ransomware attacks. In order to stem losses, insurance carriers are increasing technical requirements and raising premiums. According to a senior analyst at Forrester, premiums grew 18% in Q1 of 2021 then up to 34% Q4 of […]