Network Break 348: Ransomware Bedevils Cyber Insurance; TSMC To Raise Chip Prices

This week’s Network Break examines how ransomware has insurers rethinking premiums and coverage limits, discusses the pros and cons of ISPs sharing flow records with security companies, and digs into Arista’s efforts to tackle the router market. TSMC says it will raise chip prices on some products as much as 20%, and VMware posts respectable Q2 financial results as the company enters a new phase without former CEO Pat Gelsinger at the helm. Get links to all these stories below. Sponsor: Unimus Unimus is a Network Automation and Configuration Management solution that’s fast to deploy and easy to use. Designed specifically to make it easier for you to adopt network automation easier, Unimus takes under 15 minutes to deploy. You can get a free, no obligation Unlimited License trial, or schedule a short technical demo. Find out more at unimus.net/packetpushers. Tech Bytes: Fortinet Our Tech Bytes conversation explores the evolution of SD-WAN to encompass Zero Trust Network Access, or ZTNA. Our sponsor is Fortinet and we’ll dig into how Fortinet’s SD-WAN and FortiClient combine to support work from anywhere with zero trust. Show Links: Cyber insurance market encounters ‘crisis moment’ as ransomware costs pile up – CyberScoop Cyber insurance rates fail to match catastrophe risk-Chubb CEO – Reuters Sharply Rising Cyber Insurance Claims Signal Further Risk Challenges – Fitch How Data Brokers Sell Access to the Backbone of the Internet – Motherboard Arista Extends Cloud-Grade Routing to the Network Edge – Arista Networks TSMC hikes chip prices up to 20% amid supply shortage – Nikkei Asia TSMC Hikes Price of Chip Production: CPU & GPU Costs Set to Rise – Tom’s Hardware VMware Reports Fiscal Year 2022 Second Quarter Results – BusinessWire VMware, Inc. (VMW) CEO Raghu Raghuram on Q2 2022 Results – Earnings Call Transcript – Seeking Alpha