cyber warfare

Is Ransomware Really Covered by Homeowners Insurance?

CHUBB

Episode 1588

Murray from New Jersey

Murray's home owner's insurance is now covering cyber-related incidents, including ransomware at up to $250k. What does Leo think? Leo says that's interesting because many insurance companies have declined to cover it because it's considered an "act of war" as part of a nation state's cyber warfare campaign. So Murray would have to read the policy very carefully to be sure there isn't an act of war clause that they can use to get out of paying any losses. Leo says that LifeLock will cover him up to $1 million with their backup service.

President Obama Orders CIA to Develop "Proportional Response" to DNC Hacking

CIA

Episode 1332

President Obama has ordered the CIA to develop a "proportional response" to the reported Russian hacking of the DNC which exposed emails about the Clinton campaign. But Leo says what could the CIA expose by hacking the Kremlin? Putin posts bare chested pictures of himself on Instagram? The man is embarrassed by nothing! And could such a response cause an escalation? Leo says that our utility infrastructure is vulnerable to hacking and such a cyber war could devolve into crippling our electrical grid ... or worse.

FBI Says North Korea Is the Source of Sony Hack, But Leo Doesn't Buy It

FBI

Episode 1146

Calling it the first example of state sponsored Cyber Warfare, the FBI says that North Korea was behind the Sony Hack that prompted the studio to drop The Interview from it's release schedule. Leo's not buying it, though. First off, the US has been doing Cyber Warfare for years, as did Israel with the Stuxnet virus that broke centrifuges in Iran's Nuclear program. So it's far from the first.