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Q1: What makes ransomware such a popular tool among cybercriminals? #NightmareOnCyberStreet pic.twitter.com/1brOpj5Ufh
— PropertyCasualty360 (@PC_360) October 26, 2021

Ransomware is an immediate monetization of a crime. In the past, criminals had to sell what they stole. Now they lock up the company's systems and wait for the pay day. #NightmareOnCyberStreet – Catherine Lyle, Head of Claims
— Coalition (@SolveCyberRisk) October 26, 2021

Big money + attack specialization = Quick profit + little fear of retribution. #NightmareOnCyberStreet
— Jason Rebholz (@jason_rebholz) October 26, 2021

Q2: What are some of the biggest misconceptions around ransomware that might be leaving companies and individuals vulnerable? #NightmareOnCyberStreet pic.twitter.com/vRsyeLvPBi
— PropertyCasualty360 (@PC_360) October 26, 2021

Agreed and I certainly don't think this has disappeared. @BeazleyGroup has some buyers of cyber insurance only after they've been hit #NightmareOnCyberStreet
— Mark Singer (@marksingercyber) October 26, 2021

Scary misconceptions exist around attack ease & frequency, they can hit ANYONE. It boils down to 2 evils: Overconfidence & Complacency. Independent expertise provides an objective & impartial view of vulnerability. See blog on this https://t.co/lowXBcC05r #NightmareOnCyberStreet
— T͏E͏K͏RiSQ (@TEKRiSQ) October 26, 2021

Q4: What are the benefits or downfalls of paying cyber ransoms? #NightmareOnCyberStreet pic.twitter.com/u8wNpO5jYF
— PropertyCasualty360 (@PC_360) October 26, 2021

Paying the ransom can haunt you beyond joining a dark web Suckers Lists. Now the @USDOJ_Intl @CommerceGov and even consumers are responding negatively. #NightmareOnCyberStreet https://t.co/JvhxRPDe3k
— T͏E͏K͏RiSQ (@TEKRiSQ) October 26, 2021

The speed to rebuild is a great benefit to paying ransom. It allows a company to rebuild faster & avoid further biz interruption. There are many downsides, one being that you are rewarding a criminal and essentially paying for future attacks. #NightmareOnCyberStreet – Catherine
— Coalition (@SolveCyberRisk) October 26, 2021

Q5: What do insurance clients need to understand about the emergence of 'cyber gangs'? #NightmareOnCyberStreet pic.twitter.com/f9XDsgDVQG
— PropertyCasualty360 (@PC_360) October 26, 2021

The Internet is a beautiful but dangerous place with no boundaries.
— Jason Rebholz (@jason_rebholz) October 26, 2021

The "cyber gang" element highlights the power of financial motivation: the tools are new, but the approaches (extortion, theft) are as old as time. Hopefully it helps insurance customers shape defenses to reduce the monetary value of a breach. #NightmareOnCyberStreet – Chris
— Coalition (@SolveCyberRisk) October 26, 2021

Q6: What are the elements of effective anti-phishing and anti-ransomware employee training programs? #NightmareOnCyberStreet pic.twitter.com/T4C5K4C7op
— PropertyCasualty360 (@PC_360) October 26, 2021

Yes, slowing down is key. Who is actually sending you this email? Check that email address as the misspelling is likely to be discreet.
— Mark Singer (@marksingercyber) October 26, 2021

Frightful annual employee training is real. More effective are short, relevant courses & frequent phishing tests that change behavior, we like what some do to address psychology, change status quo #NightmareOnCyberStreet https://t.co/A6pU5B2C0O
— T͏E͏K͏RiSQ (@TEKRiSQ) October 26, 2021

Q7: What are some basic steps any business owner can take to better limit their exposure, including security issues related to technology products and services? #NightmareOnCyberStreet pic.twitter.com/UHawQI9vq9
— PropertyCasualty360 (@PC_360) October 26, 2021

Engaging regularly with clients proves one thing… there's a lot of BS and belief in stories about where risk lives. Get the experts involved. pic.twitter.com/3qquJJHOXf
— T͏E͏K͏RiSQ (@TEKRiSQ) October 26, 2021

Security best practices transfer to home. Use a password management tool to store unique passwords. Put multi-factor authentication on all of your accounts that support it. @CorvusInsurance has a helpful guide to implementation: https://t.co/PoxKs3dGx6 #NightmareOnCyberStreet
— Jason Rebholz (@jason_rebholz) October 26, 2021

Great concept of zero behavior changes between work and home. Best practices can and should transfer. Let's just make sure we're starting off with best practices!
— Jason Rebholz (@jason_rebholz) October 26, 2021

Q9: What role does an independent agent play in this ever-evolving market? #NightmareOnCyberStreet pic.twitter.com/z6QU7rO9yI
— PropertyCasualty360 (@PC_360) October 26, 2021

The broker/independent agent has the long standing trusted relationship with the company. Advising the company about their risk in the cyber space and walking through risk transfer is necessary to this discussion of how to solve cyber risk. #NightmareOnCyberStreet – Catherine
— Coalition (@SolveCyberRisk) October 26, 2021

After Halloween, ditch that IT mask unless qualified. Agents are a conduit between clients & experts, but don't try to BE the expert. Far too much risk for your client, your agency and yourself to get it wrong. Some don't listen. #NightmareOnCyberStreet https://t.co/m66gjSHTVx
— T͏E͏K͏RiSQ (@TEKRiSQ) October 26, 2021

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