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Some cybersecurity experts question the contentions of Speaker of the House Nancy Pelosi and another member of Congress, who say a $5 million ransom reportedly paid by Colonial Pipeline Co. after being hit by DarkSide ransomware would serve as a catalyst for attacks on other critical infrastructure providers.
Cyberattacks on critical infrastructure, such as the breach of a water treatment facility in Oldsmar, Florida, are relatively common, so the apparent ransom payment in the Colonial Pipeline incident is likely to have little influence, some security pros say. The floodgates are already open, says Etay Maor, an adjunct professor at Boston College and senior director of cybersecurity strategy at Cato Networks.
Biden s Cybersecurity Executive Order: 4 Key Takeaways
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By issuing a sweeping cybersecurity executive order on Wednesday, the Biden administration is attempting to take a critical step to address security issues that have come to light after recent cyberattacks.
The 30-page Executive Order on Improving the Nation’s Cybersecurity covers a host of cybersecurity issues. It describes how government agencies should evaluate the software they buy. It mandates that executive branch agencies deploy multifactor authentication, endpoint detection and response, and encryption. And it calls for these agencies to adopt zero trust architectures and more secure cloud services.
By Aleksandr Yampolskiy, Philip Reitinger
May 10, 2021
Every time there’s another massive cybersecurity breach, which like SolarWinds finds its roots in a security issue at a third party, policymakers and security experts ask, “Where do we go from here?”
The private sector and the federal government haven’t figured out how agencies can best address risks posed by their vendors. The problem is especially acute for small- and mid-sized organizations. Individually engaging, evaluating and auditing every vendor, from custodial services to cloud providers, is cost prohibitive and unrealistic for the vast majority.
Today, those of us in cybersecurity are just like medieval barbers doing our best not to kill our patients. We struggle to know if an organization was breached due to poor security or if it was doing everything right and was simply overpowered by a nation-state.
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