As 2018 draws to a close, it appears that 2019 will be a year of transition in federal IT. Agencies will likely make more progress on these fronts, as well as on areas like cybersecurity and migrations to Microsoft’s Windows 10. The government will continue to plow ahead on technology modernization changes, including data center consolidation and modernizing networks, but do not expect a Big Bang in federal IT in 2019.
Read FedTech’s full article by Phil Goldstein here.
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.
To learn more, read Ed Leefeldt’s CBS News article. Contact us to review your cyber and crime policies and coverages.
As another reported ransomware attack spreads, we want to remind you to contact us to make sure your Cyber and Crime policies are current, and of the following tips to reduce your risk:
To learn more, read the article by Madeline Purdue on USA Today here.
Nine out of 10 businesses experienced at least one hacking incident in the past year, marking a 21% increase from 2015, according to a survey by Hartford Steam Boiler. Essentially, no business is safe from hackers so it’s important to take precautions to keep your site secure. To learn more about hacking statistics read Hilary Tuttle’s article on www.rmmagazine.com here.
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.
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