Hacking that targets individuals and business is now a way of life. This has created a vast and growing market for cyber insurance, costing companies at least $3.25 billion each year in annual premiums. But that’s a drop in the bucket compared to what they will pay to insurers by 2025 – as much as $20 billion, according to Allianz SE, the world’s largest insurer. There is also a market for individuals who fear that they, or their families, could be hacked.
Security awareness training: Don’t exclude contract workers
Federal, state, and local governments rely heavily on contract workers, perhaps even more so than private industry. Unfortunately, the “in-and-out” nature of contract jobs can result in a feeling of impermanence that permeates throughout certain processes and policies, especially as contract workers generally don’t realize the same benefits as full-time employees. Read the full article […]Read Post
FEMA Exposed 2.3 Million Disaster Victims’ Private Data
Another reminder of why cyber policies are needed. Call us to check on yours today. The U.S. Federal Emergency Management Agency inadvertently shared 2.3 million disaster survivors’ personal details with a third-party contractor. Read Govinfo Security’s article by Jeremy Kirk here.Read Post
How Some Contractors Successfully Weathered the Shutdown
The 35-day government shutdown cost thousands of small- and mid-size businesses nationwide that supply services or technology to the federal government $2.3 billion in revenue and forced tens of thousands of layoffs. Read Nextgov’s article by Frank Konkel here.Read Post