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As data increases in importance and volume, data protection and privacy are essential to safeguard the integrity of the systems we all use and depend on.
Don’t forget the weakest link: humans
Do you realise that some of the most popular passwords that people use are ‘123456’ or ‘password’[1]?
We may think of ‘hacking’ as occurring in a dark room, but hackers tend to have a much higher chance of successfully breaching a network by posing as a legitimate visitor and walking in the front door.
Colonial Pipeline: Ransomware Crosses the Rubicon
We may look back on 2021 and view the Colonial Pipeline attack as the moment that galvanised a coherent US policy and enforcement response to ransomware.
To recap: The Colonial Pipeline is roughly 5,500 miles and is the largest refined products pipeline in the US, supporting about 45% of East Coast fuel consumption. It goes from the Houston, Texas area on the gulf coast up to the NY metro area. The actual ransomware attack hit Colonial’s information technology systems, but as a precautionary measure the firm shut down their operational technology systems because they were uncertain in the early hours how deeply the attack could spread[2].
On 25 August 2021, President Biden hosted executives from major technology, financial and energy companies for a summit on national cybersecurity, as in his view this is the ‘core national security challenge we are facing.’ Some of the participants included:
- Tim Cook,...
Read Full Story: https://www.sharesmagazine.co.uk/news/shares/cybersecurity-the-megatrend-that-every-business-must-consider
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