Insurers can protect themselves against long-tail cyber breach events by implementing policies that consider potential future damages, setting aside appropriate reserves, and incorporating risk management techniques such as stress testing. By being proactive and prepared, insurers can better mitigate the financial impact of prolonged cyber breach events.
Security Bite: macOS malware ‘Banshee’ found using Apple’s own code to evade detection
A new variant of the Banshee stealer malware took a page out of Apple’s book and used the same encryption methods as Mac’s XProtect antivirus
