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Navigating the Surge in Cyber-Attacks: Safeguarding the Education Sector

We have recently seen an increase in malicious actors targeting the education sector. In Q1 2022, educational organizations globally saw a 44% rise in weekly cyber-attacks compared to 2021. Additionally, US organizations faced an average of 812 weekly cyberattacks. The surge in cyberattacks is tied to the rapid adoption of online learning tools during and … Navigating the Surge in Cyber-Attacks: Safeguarding the Education Sector

How Ransomware will use AI to Target IT and OT Systems

As we have seen in recent years, ransomware attacks have evolved, becoming more aggressive, sophisticated, and expensive for victims. Recent reports have revealed that in the first 6 months of 2022, the number of new ransomware variants rose by 100%, increasing the threat companies have to protect against. With the growing ransomware threats and emerging … How Ransomware will use AI to Target IT and OT Systems

Seven Emerging Cyber Security Threats in 2023: What to Expect and How to Prepare

In 2022, targeted ransomware attacks were about 236.1 million, about 3,394,662 phishing attacks, and roughly 2.8 billion malware attacks. These attacks cost companies, cybersecurity insurance, and consumers millions of dollars, and exposed sensitive personal information. In 2023, these trends will continue, and new ones will arise, that is why it is important that companies deploy … Seven Emerging Cyber Security Threats in 2023: What to Expect and How to Prepare

Meta Pixel Data Breach: An Overview

Technology has advanced rapidly over time, with precision targeting tools being some of its innovations. While these tools offer unlimited opportunities for advertisers and tech companies, they also pose a risk for consumers. On the list of many security breaches, experts have warned that these tools pose a significant risk of data breaches, with recently … Meta Pixel Data Breach: An Overview

How are Electric Cars Charging Stations Targets for Hackers?

The spike in gas prices and growing demand for zero-emission transport have contributed to rapid electric vehicle adoption. Research shows that about 6.9 million EVs were purchased in 2021, projected to account for 34% of the vehicle fleet globally by 2028. As a result, companies have had to set up more EV charging stations to … How are Electric Cars Charging Stations Targets for Hackers?

Digital Forensics, AKA eDiscovery, in a Cyber Security Context

Written by Thibault Dambrine and Laura Smith  Introduction When a cyber breach occurs, it is almost always accompanied by data exfiltration and threats to disseminate or sell stolen data on the “dark web”. Among all data, the most immediately valuable to hackers is (but not limited to) Personally Identifiable Information (PII), and Personal Health Information … Digital Forensics, AKA eDiscovery, in a Cyber Security Context

Incidentally Informed – Cyber coverage and incident response

During our webinar we discussed “cyber coverage and incident response”. Our Panelists Mikel Pearce – General Counsel and Breach Coach Relationship Manager at CyberClan Allison Clark – Associate at Baker Hostetler Gwenn Cujdik– Manager – AXA XL North America Cyber Incident Response Team

Incidentally Informed – Compliance issues and ransomware claims

During our webinar we discussed “compliance issues in ransomware claims and the pitfalls”. Our Panelists Mikel Pearce – Director of Business Development Canada & UK at CyberClan   Gregory Bautista – Partner at Mullen Coughlin LLC Andrew Lipton – VP, Head of Cyber Claims at AmTrust Financial Services, Inc.

Russian hacktivist attacks continue against NATO countries

By Natalie Trotter The level of impact on the cyber security market following the Russian led invasion on Ukraine over the past 8 months has resulted in an unprecedented impact of cyber attacks. Dating back from attacks in 2014 occupying Crimea to the NotPeya worm in 2018, it was unlikely that this pattern would drastically … Russian hacktivist attacks continue against NATO countries

The Uber Hack – what went wrong and how bad is it?

Written by Mikel Pearce On September 15, Uber revealed that it was responding to a “cybersecurity incident”. Over the past weekend, various details have emerged about the incident. Wired Magazine’s early article on the breach contains a wealth of information. Uber announced on Friday that there was “no evidence that the incident involved access to … The Uber Hack – what went wrong and how bad is it?

Combating cyber security threats in educational institutions

Written by Natalie Trotter Cyber-attacks within educational institutions have been growing in frequency over the years and COVID-19 further exacerbated this problem due to the rapid transition to facilitate remote learning without adequate network security measures in place. Security professionals were unable to respond quickly enough to protect from ever growing vulnerabilities due to the … Combating cyber security threats in educational institutions

Cyber Exclusions and Nation State Actors – Burden of Proof Issues?

By Mikel Pearce In a recent Market Bulletin dated 16 August 2022 [1], Lloyd’s has set out its requirement that any standalone cyber policy issued by or underwritten by a Lloyd’s Syndicate must contain an exclusion which is sufficient to exclude any losses arising from a “state backed cyber-attack”. This is to be in addition … Cyber Exclusions and Nation State Actors – Burden of Proof Issues?

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Sugandha Sood

Executive Vice President, Finance

As a professional accountant Sugandha, CPA, CGA has over 15 years of progressive finance and accounting experience across multiple industries including healthcare, medical, nuclear waste, and transportation.

Prior to joining CyberClan she worked at Energy Solutions Canada and was responsible for various aspects of accounting, financial reporting, internal controls, process improvements and taxation. Sugandha is eager to leverage her professional skills and play a vital role in the growth of the company by providing information to make informed decisions.