White House official says insurance companies need to stop paying ransoms. Cyber Security Today for Wednesday, October 9, 2024

Cybersecurity Alert: White House Urges Insurance Reform & Major Hacks Revealed

In this episode of Cybersecurity Today, host Jim Love covers significant developments in cybersecurity policy and breaches. The White House, represented by U.S. Deputy National Security Advisor Ann Neuberger, calls for an end to insurance policies that incentivize ransomware payments. The episode also discusses a major ransomware attack affecting Comcast and highlights a significant breach by China-backed hackers targeting U.S. telecom providers. Additionally, American Water faces a security breach impacting its customer systems. The episode emphasizes the growing threats and debates around cybersecurity practices.

00:00 Introduction and Headlines 00:41 White House Calls to End Ransomware Payments 02:11 Comcast Data Breach Exposes 230,000 Customers 03:57 Chinese Hackers Compromise U.S. Telecom Systems 06:24 American Water Cybersecurity Incident 08:02 Conclusion and Show Notes