Today's Microsoft outage serves as a crucial example of why having comprehensive cyber and equipment breakdown coverage is essential for businesses. It's a timely reminder to ensure your organization is prepared for unexpected disruptions that can impact operations. https://lnkd.in/ddFZMDU
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Watch the video to find out what you need to know to be prepared for the next Crowdstrike like outage! 👇 Was your Hawaii business affected by the Crowdstrike faulty update? Maybe your business was affected by Microsoft's recent faulty update that triggered the BitLocker Recovery screen? These incidents will continue to happen and some will cripple our ability to continue business operations, unless, you have the three plans outlined in my new video and you stage quarterly or monthly roundtable exercises. If you need help constructing the plans, book an appointment for a free 15 minute cybersecurity strategy session here -->https://lnkd.in/gzVsw6M8
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Discover how Microsoft's security suite enables a Zero Trust model protecting users, devices, data, and networks. Read our blog for insights. https://lnkd.in/gn7QHkhH #ZeroTrust #MicrosoftSecurity #CyberSecurity #CISO #ITSecurity #CyberDefence #SecureYourBusiness
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Global cybersecurity powerhouse, #CrowdStrike, dropped a wrench in the gears of international commerce and communications while attempting a #Microsoft update this morning. Check out our latest #ShapTalk to learn more about the disruptions resulting from today’s cyber outage—and catch up on any other industry news you might’ve missed! Read our latest issue now: https://bit.ly/4cIfGRE #Logistics #SupplyChain #FreightForwarding #RegulatoryCompliance #Shapiro
Life's a Glitch, and Then You Can't Fly! | Jul. 19, 2024
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We've gathered the latest updates you need to know for this week's cybersecurity roundup! 🗞️ ⚠️ CrowdStrike Update Outage Exposes Four Critical Issues: Next Steps for CIOs: https://bit.ly/3LVKzGD 💵 Global data breach costs reach all-time high of $4.9M with U.S. organizations at the top for highest average data breach costs globally for the 14th straight year: https://bit.ly/3WCcGj0 🚨 Microsoft: Azure DDoS Attack Amplified by Cyber Defense Error: https://bit.ly/3WH2ypd 🍪 Google Abandons Plan to Phase Out Third-Party Cookies in Chrome: https://bit.ly/3LXiaQl 🏛️Scammers Target Olympic Venue with Ramsomware Attack: https://bit.ly/4fCEYm4 #ManagedSecurity #AllegiantNOW #infosec
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Microsoft said on last week that it would hold a summit in September to discuss steps to improve cybersecurity systems, after a faulty update from CrowdStrike caused a global IT outage last month. Read more from Reuters here: https://reut.rs/4cJBhZc #TechnologyNews #Microsoft #Technology #ThinkAI
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This article takes a very detailed look at the TIMING of events, and how they have unfolded. Furthermore, I create a PLAUSIBLE SCENARIO based on the timing of these events, which must be proven to be true or disproven to be false. However, if the PAUSIBLE SCENARIO is true, and this latest successful DDoS attack against Microsoft is in-fact part of a CYBER KILL CHAIN, then what is headed for us (the United States, etc.) next?
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Cybersecurity Incident Response (CIR) is now available to all Microsoft Unified customers. With access to Microsoft and other industry threat-intelligence resources, the Unified team is focused on investigation, containment, and recovery from cyber-attacks, including post-incident services that help deploy hardening and ongoing monitoring. We hope you never have to experience a breach. But if you do, you can rest assured that our experienced team will do everything we can to help your organization get back to business as usual. Learn more about our end-to-end approach specifically designed to rapidly contain the actions of an active adversary, perform deep investigation remove the attacker’s control, and deploy critical security controls to help prevent re-compromise. https://lnkd.in/eVks7jwh
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While the Microsoft/ Crowdstrike technology failure has not been categorized as a malicious attack or event, the operational impact may be covered by the dependent or contingent business interruption coverage found in your cyber policy. As you navigate the disruption to systems and business practices, Lockton has the following tips for aiding in recovery: - Dependent or Contingent Business Interruption in a cyber policy is typically subject to a waiting period as the retention. Notify the carrier to begin tracking the erosion of this waiting period as soon as possible through your broker. - Keep track of all expenses, invoices and costs. Many policies cover normal operating expenses for the duration of the outage, as well as extra expenses incurred to mitigate the disruption. - Proof of loss can be challenging in these situations; delayed revenue does not always mean unrecoverable revenue. Most policies contain funds to engage a forensic accountant to assess the impact of this event in dollars for claims discussions. - Any vendors that are engaged usually need to be pre-approved or on a carrier’s panel. Coordinating the response with the your brokers claims team will ensure that any conditions for coverage are met during the response process. Read more below for additional details!
Dive into today’s Microsoft/CrowdStrike tech disruption: https://lnkd.in/g4e9ENVi Learn how your cyber policy can ease operational impacts and gain other crucial tips for navigating and recovering.
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By now the world is aware of the widespread impact of the Microsoft/ Crowdstrike technology failure. While this has not been categorized as a malicious attack or event, the operational impact may be covered by the dependent or contingent business interruption coverage found in your cyber policy. As you navigate the disruption to systems and business practices, Lockton has the following tips for aiding in recovery: - Dependent or Contingent Business Interruption in a cyber policy is typically beholden to a waiting period as the retention. Notify the carrier to begin tracking the erosion of this waiting period as soon as possible through your broker. - Keep track of all expenses, invoices and costs. Many policies cover normal operating expenses for the duration of the outage, as well as extra expenses incurred to mitigate the disruption. - Proof of loss can be challenging in these situations; delayed revenue does not always mean irrecoverable revenue. Most policies contain funds to engage a forensic accountant to assess the impact of this event in dollars for claims discussions. - Any vendors that are engaged usually need to be pre-approved or on a carrier’s panel. Coordinating the response with your brokers claims team will ensure that any conditions for coverage are met during the response process.
Dive into today’s Microsoft/CrowdStrike tech disruption: https://lnkd.in/g4e9ENVi Learn how your cyber policy can ease operational impacts and gain other crucial tips for navigating and recovering.
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By now the world is aware of the widespread impact of the Microsoft/ Crowdstrike technology failure. While this has not been categorized as a malicious attack or event, the operational impact may be covered by the dependent or contingent business interruption coverage found in your cyber policy. As you navigate the disruption to systems and business practices, Lockton has the following tips for aiding in recovery: - Dependent or Contingent Business Interruption in a cyber policy is typically beholden to a waiting period as the retention. Notify the carrier to begin tracking the erosion of this waiting period as soon as possible through your broker. - Keep track of all expenses, invoices and costs. Many policies cover normal operating expenses for the duration of the outage, as well as extra expenses incurred to mitigate the disruption. - Proof of loss can be challenging in these situations; delayed revenue does not always mean irrecoverable revenue. Most policies contain funds to engage a forensic accountant to assess the impact of this event in dollars for claims discussions. - Any vendors that are engaged usually need to be pre-approved or on a carrier’s panel. Coordinating the response with your brokers claims team will ensure that any conditions for coverage are met during the response process.
Dive into today’s Microsoft/CrowdStrike tech disruption: https://lnkd.in/g4e9ENVi Learn how your cyber policy can ease operational impacts and gain other crucial tips for navigating and recovering.
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