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No guest this week but a bunch of exciting guests coming soon! Thanks for reading.
- Last month, the DoD announced that it would be funding cybersecurity startups that can “help the Pentagon develop more advanced cybersecurity and intelligence systems to fend off nation states and hackers targeting everything from top-secret military correspondence to public power grids.”
- Great article describing how next-generational firewalls work and how Bromium uses virtual machines to provide a user-friendly security experience.
- Menlo Security’s CTO describes how malware usually works and how it has evolved to evade company defenses.
- Lookout’s Aaron Cockerill describes how Lookout uses machine learning to detect threats.
- “Nearly 90 percent of health-care providers were hit by breaches in the past two years, half of them criminal in nature.” The average damage per breach was $2mm.
- Why are hackers targeting hospitals? Medical records (including social security numbers) are apparently worth up to 20x as much as stolen credit card numbers.
- Mandiant said that Penn State may have been breached as far back as 2012.
- More evidence that protective measures aren’t just for large corporations–60% of small firms go out of business within 6 months of a cyber attack.
- I can’t imagine that providing cyber insurance will stay a good business for long – I’m sure that cyber damages during a breach follow a power law distribution and can’t be easily averaged like life expectancy for life insurance. Will try to get a cyber insurance executive on this
- Apparently Tiversa would hack its clients and then tell its clients that they would disclose the hack unless the client bought more of their services.
- Despite numerous indictments, the Obama administration has not been able to stop hackers from hacking U.S. companies in order to steal trade secrets. “They don’t live here, so we can’t arrest them, and we’re not going to go to war over this.”
- Kevin Mahaffey, my guest from last week, on how hackers broke into Starbucks accounts on victims’ mobile phones and how they could have been stopped.