Cowbell’s Take on the Threat Landscape

by | Feb 27, 2023 | Cyber Risk, Podcast

Welcome to Season 6 of The Cowbell Factors podcast. For the next episode of this season, we welcomed fellow Cowbeller, Matthieu Chan Tsin, our Director of Threat Intelligence, to the show. Here are some of the key takeaways:

  1. Cowbell’s Cybersecurity Advisory Board was created to have access to external experts from different fields and disciplines, and are not part of Cowbell’s daily operations. It is composed of CISOs, attorneys, and other cybersecurity industry leaders.
  2. The cyber threat landscape is ever changing. Threat actors are starting to become consultants by selling services for a fee (e.g., ransomware as a service) and specialization is making it more challenging to keep pace with them.
  3. Ransomware and the groups that use it should not be seen as common cybercriminals. Most successful ransomware groups today are well-organized and well-structured, operating more like a large enterprise than as an individual.
  4. SMEs often don’t understand why they would be targeted directly. It is often the case that sophisticated threat actors target SMEs to gain access to other, larger networks connected to them. The Software Supply Chain Cowbell Factor feeds directly into Cowbell’s AI-assisted risk selection and underwriting, while assessing policyholder vulnerability to a supply chain attack.
  5. Contact Cowbell’s risk engineering team if you are looking for 1:1 assistance with your cyber readiness measures.

For more, be sure to listen to Matthieu’s full podcast episode. Visit the Cowbell Factor Podcast library to listen to last season’s episodes and subscribe to stay up to date on upcoming ones. It is available on most podcast platforms (iHeartRadio, Spotify, Google podcast, Apple podcast, Anchor, and Radio Public). If you enjoyed this episode, consider rating it with 5 stars on Spotify and Apple!

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