Network Break 383: Cyber Insurers Realize Customers Have Terrible Security; F5’s Big Vulnerability

This week’s Network Break discusses a new threat containment feature from Rubrik to prevent companies from re-infecting themselves via compromised backups. F5 has released patches for a serious vulnerability in its Big-IP load balancer, and the Network-as-a-Service startup Subspace suspends business operations.

The Canadian government has ordered telcos and service providers to remove 5G and 4G gear from Huawei and ZTE, cyber insurance premiums rose as much as 92% in 2021 as insurers grappled with a spate of successful attacks, and the US Defense Department is awarding nearly $2 billion in contracts for a military satellite network.

Cisco Systems and Palo Alto Networks announce financial results, and researchers at the University of Cambridge have discovered a mechanism to use algae to generate enough electricity to run computer chips. Get links to all these stories below.

Sponsor: Linode

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Tech Bytes: VMware

Today on the Tech Bytes podcast we talk with Managed Service Provider (MSP) and VMware partner of the year Softchoice on how Softchoice helps customers navigate multi-cloud and hybrid cloud deployments using VMware. We cover details about two real-world Softchoice/VMware customer use cases: a Major League Baseball team and a financial services firm. Our guest is Chris Woodin, VP, Cloud Business Unit at Softchoice.

Show Links:

Threat Containment: Contain the Threats, Recover the Data – Rubrik

Rubrik Threat Containment – Rubrik

K23605346: BIG-IP iControl REST vulnerability CVE-2022-1388 – F5

Hackers exploiting critical F5 BIG-IP bug, public exploits released – Bleeping Computer

Subspace in 180 Seconds – YouTube

Subspace Update – LinkedIn

Canada to ban Huawei/ZTE 5G equipment, joining Five Eyes allies – Reuters

Canada bans China’s Huawei Technologies from 5G networks – NPR

Water companies are increasingly uninsurable due to ransomware, industry execs say – Cyberscoop

Cyber Insurers Raise Rates Amid a Surge in Costly Hacks – WSJ

Military experiment demonstrates intersatellite laser communications in low Earth orbit – SpaceNews

Lockheed Martin, Northrop Grumman, York Space selected to build DoD’s internet-in-space constellation – SpaceNews

ON ORBIT – Space Development Agency

Cisco Systems, Inc. (CSCO) CEO Chuck Robbins on Q3 2022 Results – Earnings Call Transcript – Seeking Alpha

Cisco Reports Third Quarter Earnings – Cisco Systems

Palo Alto Networks Reports Fiscal Third Quarter 2022 Financial Results – Seeking Alpha

Algae-powered computing: scientists create reliable and renewable biological photovoltaic cell – University of Cambridge