Posted by:
admin
15 years, 10 months ago
One the comments on Emergent Chaos about my post Incentive plan for an information security team was from Andrew Jaquith of the Yankee Group:
The fallacy of this whole argument is that "average" losses cannot be applied to any particular incident. Losses are dominated by outliers. ALE is information security's spherical cow.I equated this to not saving for retirement because you might win the lottery. It occurred to me after reading Dark Day Planning: Insuring Against Data Loss that the real answer for Low Probability, High Impact events is insurance. I was even able to dig up some costs for the insurance in this Chronicle of Higher Education article (subscription required, but still in Google Cache:
Brokers say the price of cybercoverage depends on the size of a college's student body. Mr. Hallstrom estimates that a college with 20,000 students can get $3-million of cyberinsurance for about $50,000 a year.That seems like a pretty good deal to me.
Share on Twitter Share on Facebook
Recent Posts
- Blast-RADIUS attack
- The latest WiKID version includes an SBOM
- WiKID 6 is released!
- Log4j CVE-2021-44228
- Questions about 2FA for AD admins
Archive
2024
2022
- December (1)
2021
2019
2018
2017
2016
2015
2014
- December (2)
- November (3)
- October (3)
- September (5)
- August (4)
- July (5)
- June (5)
- May (2)
- April (2)
- March (2)
- February (3)
- January (1)
2013
2012
- December (1)
- November (1)
- October (5)
- September (1)
- August (1)
- June (2)
- May (2)
- April (1)
- March (2)
- February (3)
- January (1)
2011
2010
- December (2)
- November (3)
- October (3)
- September (4)
- August (1)
- July (1)
- June (3)
- May (3)
- April (1)
- March (1)
- February (6)
- January (3)
2009
- December (4)
- November (1)
- October (3)
- September (3)
- August (2)
- July (5)
- June (6)
- May (8)
- April (7)
- March (6)
- February (4)
- January (427)
2008
- December (1)
Categories
- PCI-DSS (2)
- Two-factor authentication (3)
Tags
- wireless-cellular-mobile-devices (7)
- Two-factor authentication (10)
- Wireless, cellular, mobile devices (6)
- NPS (1)
- Phishing and Fraud (111)
- Active Directory (1)
- pam-radius (3)
- privileged access (2)
- Cloud Security (10)
- Mutual Authentication (60)
- Web Application Authentication (1)
- Authentication Attacks (99)
- pci (50)
- Security and Economics (97)
- WiKID (133)
- pam (2)
- VPN (1)
- Installation (2)
- RADIUS Server (1)
- Open Source (64)
- Tutorial (2)
- Strong Authentication (35)
- Information Security (137)
- Transaction Authentication (13)
- Miscellaneous (100)
- Linux (2)
- transaction-authentication (6)
- Two Factor Authentication (254)