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Estonia sues Gemalto for 152M euros over flaws in citizen ID cards issued by the company

Security Affairs

.” In November 2017, Estonia announced that it would suspend security digital certificates for up to 760,000 state-issued electronic ID-cards that are using the buggy chips to mitigate the risk of identity theft. Estonia replaced Gemalto and its predecessor for the supply of ID cards since 2002, with the company Idemia.

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Cyber Insurance: The Good, the Bad, and the Ugly

IT Security Guru

Recent research from Hiscox even found that a fifth of businesses across the US and Europe faced insolvency as a direct result of a cyber attack. Unfortunately, transferring traditional insurance models to the cyber-sphere isn’t an easy task. As a result, it’s difficult to gauge how at risk an organisation is.

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As market for cyber insurance booms, watchdog calls for better data

SC Magazine

Overall, insurance companies seem to be responding to increased demand from clients for cyber-specific insurance, and one survey found that the two things most likely to spur a purchase of cyber insurance are when a business experiences a cyber attack and when they hear about other companies being hit by a cyber attack.

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Spotlight Podcast: At 15 Cybersecurity Awareness Month Grows with Cyber Risk

The Security Ledger

To answer those questions we invited two experts into The Security Ledger studio to talk about the evolution of the event and of the cyber security industry itself: Russ Schrader is the Executive director of the National Cybersecurity Alliance (NCSA) and Angel Grant is the Director, RSA Identity and RSA Fraud & Risk Intelligence.

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2020 Predictions: New Challenges for Data Privacy and the 5G Hackathon

Thales Cloud Protection & Licensing

Another development we may potentially see in 2020 is progress around the European Union’s ePrivacy Regulation , which will replace the existing ePrivacy and Electronic Communications Directive 2002/58. The new law has been designed to work alongside the GDPR, addressing the definitions of privacy and data. Conclusion.

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Top VC Firms in Cybersecurity of 2022

eSecurity Planet

AllegisCyber Capital was founded in 1996 to serve the growing cyber business ecosystem. Company Sector Year Status Verodin Cybersecurity analytics 2018 Acquired by FireEye Kenna Security Risk management 2018 Acquired by Cisco PhishMe Incident response 2016 Acquired: P.E. AllegisCyber Capital. AllegisCyber Investments. BVP Investments.

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Cyber CEO: The History Of Cybercrime, From 1834 To Present

Herjavec Group

2000 — Mafiaboy — 15-year-old Michael Calce, aka MafiaBoy, a Canadian high school student, unleashes a DDoS attack on several high-profile commercial websites including Amazon, CNN, eBay and Yahoo! An industry expert estimates the attacks resulted in $1.2 This puts customers relying on them to secure their networks at risk.