Single point of failure

What is Multi-Party Computation? Integration MPC in HyperBC Security Solutions

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목요일, 2월 8, 2024

Developed in the late 1970s, MPC is a cryptographic protocol aimed at enhancing computational security independently of third-party entities.

Key Points:

Developed in the late 1970s, MPC is a cryptographic protocol aimed at enhancing computational security independently of third-party entities.
This article delves into the significance of MPC, its implications for Blockchain technology, and the rise of MPC wallets.
HyperBC leads the way in offering secure and efficient digital asset custody and payment solutions for businesses navigating the Web3 transition.
In short, HyperBC want the MPC WaaS solution provided to be: accessible, convenient, easy to use, and absolutely secure.

CyberCube Closes Strong Year as it Surpasses 100 Clients

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수요일, 1월 31, 2024

CyberCube, the market leader of cyber risk analytics for the insurance industry, marked the end of a positive year of strong growth, surpassing 100 insurance organizations licensing CyberCube solutions.

Key Points:

CyberCube, the market leader of cyber risk analytics for the insurance industry, marked the end of a positive year of strong growth, surpassing 100 insurance organizations licensing CyberCube solutions.
CyberCube partnered with over 100 clients across the entire insurance value chain.
In 2023, CyberCube launched Version 5.0 of Portfolio Manager , a scenario-based catastrophe model that empowers portfolio-level insights for senior leadership decision-making.
We are committed to driving excellence in our analytics that enables CyberCube insurance clients to deliver sustainable, profitable growth for decades to come.

CyberCube report: MOVEit attacks shine light on cyber (re)insurance industry’s blind spots

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화요일, 7월 25, 2023

Professional Services, Data Management, Security, Data Analytics, Technology, Insurance, Software, Transfer, Organization, Government, MFT, MOVEit, Single point of failure, Data, Football, Risk management, Atlantic Ocean

Key lessons can be learned from Cl0p’s MOVEit attacks, according to analysis by leading cyber analytics firm CyberCube.

Key Points:

Key lessons can be learned from Cl0p’s MOVEit attacks, according to analysis by leading cyber analytics firm CyberCube.
The ongoing cybersecurity incident known as the global MOVEit MFT (Managed File Transfer) attack has affected companies and government agencies on both sides of the Atlantic.
CyberCube’s SPoF Intelligence tool identified 2,890 vulnerable MOVEit MFT deployments mapped to companies in 75 different countries at the time of the attacks in June.
William Altman, Cyber Threat Intelligence Services Lead, said: “The cyber (re)insurance industry is currently looking into the concept of systemic cyber events and specifically questioning whether Cl0p's MOVEit attacks can be classified as one.

Leading Insurer Aviva Teams up with Cybercube for Suite of Cyber Solutions and Services

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화요일, 4월 18, 2023

Data Analytics, Professional Services, Technology, Insurance, Software, Single point of failure, Risk, Ecosystem, UK, Risk management, Aviva, Cyber

Aviva, the UK’s leading insurer, is to roll out a broad range of products from CyberCube, the leading cyber risk analytics firm, to support the growth ambitions for its cyber book.

Key Points:

Aviva, the UK’s leading insurer, is to roll out a broad range of products from CyberCube, the leading cyber risk analytics firm, to support the growth ambitions for its cyber book.
Aviva has signed a multi-year contract licensing CyberCube’s platforms Portfolio Manager and Account Manager .
It has also purchased additional features including CyberCube’s Attritional Loss Model, Single Point of Failure (SPoF) Intelligence and Portfolio Manager APIs.
Aviva has additionally purchased licences for CyberCube’s Client Support Plus and Concierge Enhanced Access services, and will gain access to the CyberCube Academy .

An Inquiry into Cloud Computing Business Practices: The Federal Trade Commission is seeking public comments

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목요일, 3월 23, 2023

The FTC just released a Request for Information (RFI) on the business practices of Cloud Computing Providers.

Key Points:

The FTC just released a Request for Information (RFI) on the business practices of Cloud Computing Providers.
The RFI is a tool to gather information and inform the FTC’s understanding of cloud computing – we're interested in hearing about issues from users of cloud services, academics, civil society groups, industry participants, and more.
The public is invited to submit comments on any issue related to cloud computing, with a particular focus on issues related to market power, business practices affecting competition, and potential security risks.
Cloud computing is a central part of the economy, with companies projected to spend $576 billion on cloud computing in 2023.
Below, we discuss three key areas of interest in cloud computing – each of which is reflected in our RFI questions.
[9] Cloud computing provides customers with powerful tools and may come with a range of security risks.
[16] The FTC is also interested in hearing about issues related to market power and business practices affecting competition.

Cyber MGA Elpha Secure Partners With CyberCube

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월요일, 11월 14, 2022

Data Management, Professional Services, Technology, Insurance, Software, Partnership, MGA, ILS, Risk, Insurance, Single point of failure, Risk management

Elpha Secure, the cyber managing general agent (MGA) bringing a radical new approach to cyber insurance, is to use two of CyberCubes new generation of cyber risk analytics tools.

Key Points:

Elpha Secure, the cyber managing general agent (MGA) bringing a radical new approach to cyber insurance, is to use two of CyberCubes new generation of cyber risk analytics tools.
The New York-based MGA has licensed CyberCubes Portfolio Manager platform and its Single Point of Failure (SPoF) Intelligence module.
Launched in 2018, Elpha Secure is backed by a number of insurers to provide a comprehensive cyber solution combining cyber security and cyber insurance to small-to-medium sized enterprises in the US.
Andrew Lukas, CyberCubes Senior Client Account Manager, said: We are excited to partner with Elpha Secure as they bring both cyber risk transfer and cyber protection technology solutions to their insured base.

New Cyber MGA Converge Partners With CyberCube to Bolster Proprietary Underwriting Ecosystem

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월요일, 10월 31, 2022

Software, Insurance, Networks, Data Analytics, Data Management, Professional Services, Technology, Security, Single point of failure, Partnership, Insurance, Risk management, Ecosystem, Intelligence, Converge, Industry, Technology, Risk

CyberCube, a leading cyber risk analytics firm, will seamlessly blend its Portfolio Manager platform, Single Point of Failure (SPoF) Intelligence module, and Attritional Loss Model into Converges proprietary technology ecosystem.

Key Points:

CyberCube, a leading cyber risk analytics firm, will seamlessly blend its Portfolio Manager platform, Single Point of Failure (SPoF) Intelligence module, and Attritional Loss Model into Converges proprietary technology ecosystem.
Our partnership with CyberCube aligns perfectly with Converges mission of being first to deliver complete, confident cyber protection, said Anthony Dagostino, Converge CEO & Founder.
With best-in-class data access and advanced multi-disciplinary analytics, the companys cloud-based platform helps insurance organizations make better decisions when placing insurance, underwriting cyber risk and managing cyber risk aggregation.
Converge is where cyber insurance, security, and technology intersect to provide businesses with complete cyber protection.

CyberCube Updates Portfolio Manager to Reflect Evolving Cyber Trends

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월요일, 5월 23, 2022

CyberCube, the leading cyber analytics provider for the insurance industry, has released an updated version of Portfolio Manager (PM), the industrys leading cyber risk modeling platform used by insurers, reinsurers and brokers.

Key Points:

CyberCube, the leading cyber analytics provider for the insurance industry, has released an updated version of Portfolio Manager (PM), the industrys leading cyber risk modeling platform used by insurers, reinsurers and brokers.
Portfolio Manager allows insurers to stress test (re)insurance portfolios against a range of systemic cyber-related scenarios including data breaches, cloud outages, global ransomware attacks and financial fraud.
Ashwin Kashyap, Co-founder of CyberCube and Chief Product Officer, said: CyberCubes Portfolio Manager enables the modeling and aggregation of complex and nuanced tail-risks.
As cyber risk continues to evolve, CyberCube has kept pace with new trends as well as solicited feedback from industry experts and client stakeholders.

CyberCube Urges Insurers and Reinsurers to Stress Test Threat of Russian Cyber Attacks

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금요일, 3월 4, 2022

Insurers and reinsurers holding large books of East European business are being urged to stress test their portfolios against the threat of Russian and Ukrainian cyber attacks.

Key Points:

Insurers and reinsurers holding large books of East European business are being urged to stress test their portfolios against the threat of Russian and Ukrainian cyber attacks.
A new report published today by cyber risk analytics expert CyberCube identifies a series of potential cyber attack scenarios.
The report War in Ukraine creates fundamental shift in the cyber threat landscape encourages insurers and reinsurers to urgently re-evaluate their exposures.
CyberCube confirmed that it had observed cyber attacks on Ukrainian critical infrastructure, government services, banks and telecoms.

Insurtech MGA Corvus Insurance Partners With CyberCube

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월요일, 11월 22, 2021

Corvus Insurance specialises in providing cyber and data breach insurance to enterprises in a variety of industries.

Key Points:

Corvus Insurance specialises in providing cyber and data breach insurance to enterprises in a variety of industries.
Unlike many other insurance providers, Corvus Insurance uses advanced data science combined with an Artificial Intelligence (AI)-driven approach to better predict and prevent losses.
Pascal Millaire, CyberCubes CEO, said: Corvus Insurance has built an impressive set of technology capabilities in cyber insurance underwriting.
Lori Bailey, Corvus Insurances Chief Insurance Officer, said: We are excited to partner with CyberCube, a market leader in cyber risk analytics.