Even the best-defended enterprises can fall victim to devastating cyber attacks. When disaster strikes, organizations with a robust cyber risk insurance policy are able to respond and recover from attacks faster and at a much lower overall cost than those with limited or…
As the Arab Spring reached Damascus in early 2011, a previously unknown group called the Syrian Electronic Army (SEA) emerged online. Their stated purpose was to counter the “fabrication of facts” surrounding the civil unrest and government crackdowns taking place throughout Syria. While…
A decade of crippling international sanctions has not deterred the Islamic Republic of Iran from aggressively developing its offensive cyber warfare capabilities. From a relatively novice level, Iran has rapidly emerged as one of the world’s most sophisticated cyber powers, trailing only the…
Cuba’s rapprochement with the United States in recent months has sent shockwaves of enthusiasm throughout markets and the diplomatic community alike. Normalization of relations presents a unique opportunity to American investors looking to explore the island nation’s unrealized market potential. But it also…
Since 2002, the leaders of the People’s Republic of China have made the modernization of China’s armed forces one of their highest priorities. Military leaders have committed themselves to propelling the People’s Liberation Army (PLA) from a 20th century mechanized force into a…
Among the leading actors in state-sponsored cyber warfare, the Russian Federation stands out for its highly sophisticated and stealthy attacks on foreign governments and industries. Born out of an effort to monitor and control the flow of information within its borders following the…
We live in an age of increasing cyber insecurity. This past year has demonstrated that governments, businesses, and individuals alike can all be targets of cyber attacks. The severity and frequency of breaches continue to increase. At the same time, billions of dollars…
The recent case of corporate cyber espionage between the St. Louis Cardinals and the Houston Astros is the first of its kind in Major League Baseball. The hacking scandal demonstrates that no organization or industry is impervious to cyber attacks and the loss…
State-sponsored cyber attacks are on the rise. Motivated by patriotic devotion or the draw of lucrative careers, many hackers now lend their skills to military and intelligence services seeking to infiltrate the private networks of their enemies. Data breaches now increasingly target sensitive…
On 4 June 2015, the White House announced the Office of Personnel Management (OPM) had been the subject of a massive cyber attack. The breach, resulting in the theft of sensitive personal information of over 4 million federal employees, has exposed deep flaws…
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