The Tech Collective

SHHH....THEY ARE LISTENING... How often do you talk with someone about a purchase and within a day your media feeds are bombarded with ads about that product? Google maintains that it doesn’t eavesdrop on smartphone users and that its technology is designed to preserve privacy. A company representative also emphasized that "the widespread belief that devices listen to users to serve ads has been thoroughly debunked." However, substantial evidence and experiments suggest otherwise. https://buff.ly/47jFUIo #CARE #CyberinsuranceAssessment #TheTechCollective #Cybersecurity #assessment #technologyinfrastructure #optimization #leadership #managementconsulting #cloud

CLOUD PROVIDERS ARE CULPABLE IN THE CURRENT STATE OF INSECURITY. The shared responsibility model has long been a cornerstone of cybersecurity. However, modern advancements and increasing complexities, particularly in the cloud, are starting to undermine our capacity to effectively share responsibility for achieving secure outcomes. As technology grows more complex, the shared responsibility model becomes increasingly strained. When physical technologies become outdated or vulnerabilities are discovered, we often confront a binary decision: continue using the flawed system or replace it entirely. Here is an interest article that discusses this perspective and provides some insights. https://buff.ly/4cZ3dsk #CARE #CyberinsuranceAssessment #TheTechCollective #Cybersecurity #assessment #technologyinfrastructure #optimization #leadership #managementconsulting #cloud

HAPPY BIRTHDAY, CYBER INSURANCE!!! 🍰 🥳 🎉 While many industry experts see the rise in cyber insurance as a reaction to the increasing frequency of random attacks, the first cyber policy was actually conceived and developed in 1997 in response to risks identified by financial regulators at the time. Originally introduced to guard against the relatively unknown threat of internet fraud, cyber insurance has now become the most rapidly expanding and in-demand sector in the global insurance market. https://buff.ly/3BdHD3A #CARE #CyberinsuranceAssessment #TheTechCollective #Cybersecurity #assessment #technologyinfrastructure #optimization #leadership #managementconsulting #cloud

TOO MANY SECURITY TOOLS? The cybersecurity landscape is ever-evolving, with cybercriminals continuously refining their tactics. In response, organizations are pouring resources into cybersecurity tools, aiming to create an impenetrable defense around their digital assets. However, the notion that simply adding "one more cybersecurity tool" will magically secure your attack surface and improve protection is a perilous misconception. The abundance of cybersecurity tools has fostered a false sense of security. Many organizations assume that by implementing firewalls, antivirus software, intrusion detection systems, identity threat detection and response, and other tools, they are sufficiently protected. However, this strategy not only overlooks the core issue of the attack surface but also introduces significant third-party risks into the equation. https://buff.ly/4gjireh #CARE #CyberinsuranceAssessment #TheTechCollective #Cybersecurity #assessment #technologyinfrastructure #optimization #leadership #managementconsulting #cloud

Please come to Thursday's CyberRisk Partner's Chapter Event. Ralph Pasquariello, CLCS, and Craig Sekowski will present "Why Do CFOs Fail When Selecting Cyber Insurance." Details below: Who: ATL's Cyber|Cloud Security Professionals What: Networking + Good Food + Good Drink + Great Prizes Given Away Venue: 3550 Lenox Rd NE, 21st Floor, Atlanta, Georgia 30326. Dinner Venue: Zakia Modern Lebanese Restaurant 3699 Lenox Rd NE Ste 3, Atlanta, GA 30305 (4 min away) When: Thu, Sep 12, 300pm Register HERE: https://lnkd.in/e5DRBYqs #CyberRiskPartners #TheTechCollective #CARE #CyberInsurance

AI IS ALL THE RAGE, FOR BOTH THE GOOD GUYS AND THE BAD ONES.... AI technology is all the rage, with many unique applications evolving. However, like any technology, there are those bad actors leveraging the technology for nefarious applications with financial gain in mind. Researchers at Indiana University Bloomington reported finding 212 malicious large language models (LLMs) on underground marketplaces between April and September. One of these models, WormGPT, generated an estimated $28,000 in profit for its operator within just two months. This highlights both the temptation for malicious actors to bypass AI safeguards and the significant demand driving these activities. https://buff.ly/4d2zU7U #CARE #CyberinsuranceAssessment #TheTechCollective #Cybersecurity #assessment #technologyinfrastructure #optimization #leadership #managementconsulting #cloud

GOOGLE SHEETS BEING USED TO STORE STOLEN DATA... A new malware campaign is distributing a previously unknown backdoor called "Voldemort" to organizations across the globe, posing as tax agencies from the U.S., Europe, and Asia. More than half of the targeted organizations are in the insurance, aerospace, transportation, and education sectors. While the identity of the threat actor behind this campaign remains unknown, Proofpoint security team suspects that the primary goal is cyber espionage. https://buff.ly/3TbwwRn #CARE #CyberinsuranceAssessment #TheTechCollective #Cybersecurity #assessment #technologyinfrastructure #optimization #leadership #managementconsulting #cloud

DO YOU LIKE YOUR DIGITAL WALLET? NOW THERE'S A HACK FOR THAT.... Android users need to be aware of potential exposure to their digital wallet. Eset, a cybersecurity software firm, has discovered a new type of financial attack targeting Android devices. This attack attempts to deceive users through calls, texts, or ads, leading them to install malware by impersonating their bank and directing them to a fraudulent Google Play Store page. When activated, the malware can capture payment data from a nearby card using near field communication (NFC), also known as "tap" or "tap to pay." This data is relayed from the card to the infected phone and then to an attacker’s device. The attacker can then exploit NFC features at payment terminals to make unauthorized transactions. In some cases, the attacker could even access a victim’s bank account at an ATM without needing the physical card, provided they can obtain the victim's banking PIN through social engineering or phishing tactics. https://buff.ly/3X897RM #CARE #CyberinsuranceAssessment #TheTechCollective #Cybersecurity #assessment #technologyinfrastructure #optimization #leadership #managementconsulting #cloud

THE TECH COLLECTIVE OUT ON THE TOWN. Last Thursday, The Tech Collective attended another great event sponsored by the HIMSS Georgia Chapter on Cyber Security. The star studded panel including not only Security Leaders from the Atlanta business community, but representation from both the Federal Bureau of Investigation (FBI) and U.S. Department of Homeland Security. Great discussion!