Article by Bitglass founder and CEO Nat Kausik.
This year, a spate of high-profile ransomware incidents brought operations to a halt in both business and critical infrastructures.
These attacks, which have caused so many problems for many high profile companies, are a hugely successful “revenue generation” tactic for cyber criminals and demonstrate the enormous risks involved. They have added to a greater urgency in addressing the problem in the public and private sectors.
On top of the challenges posed by sophisticated cyber criminals, there are their ever-changing tactics to stay one step ahead of potential victims.
For example, concerns about the risks of relying on a single vendor for security infrastructure grow as attackers step up their efforts to exploit individual vendor vulnerabilities. There is a risk that successful attacks will gain access to entire networks and their further supply chains.
For example, a notorious attack illustrated what …