To Cyber-Insure, or not to Cyber-Insure…that is the Question
Steven Cohen, VP Herjavec Group Last week BitPay filed a lawsuit against insurer MBIC to recover amounts denied under a commercial crime policy. It has been reported that in December 2014, hackers were able to pull off a social engineering attack against a BitPay executive, resulting in 3 separate transfers of 5,000 bitcoins (valued at $1,850,000). This incident is particularly... Read More
September 25, 2015
Security News, Thought Leadership