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Cyber Security Headlines
Week in Review: Neuberger’s insurance warning, instant identification sunglasses, Salt Typhoon dangers
Oct 11, 2024
Quincy Castro, CISO at Redis and an expert in cybersecurity, shares valuable insights on pressing industry issues. He emphasizes the rise of third-party breaches and the need for companies to enhance manual security reviews. The conversation dives into innovative tech like instant identification sunglasses, while also discussing the risks posed by the Salt Typhoon attack. Castro highlights the urgent call for better government regulations and the importance of diversifying the cybersecurity workforce to tackle evolving threats effectively.
30:43
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Quick takeaways
- Insurers are urged to stop covering ransomware payments to deter cybercrime and enhance verification of cybersecurity practices among policyholders.
- The rise of facial recognition technologies in everyday devices poses significant privacy concerns, necessitating stricter regulations to protect personal data.
Deep dives
Ending Ransomware Payments by Insurers
A recent proposal suggests that insurers should cease funding ransomware payments, as this practice incentivizes cybercrime. The argument emphasizes the need for insurance companies to implement verification measures for cybersecurity practices before underwriters extend policies. This aligns with historical examples where home insurance required fire alarms, serving to enhance security standards across industries. The conversation surrounding this issue indicates a potential shift in responsibility towards insurers to address moral hazards associated with cyber attacks.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode