Nozomi Networks Security Incident

Live Demo: The Nozomi Networks Platform in 15 Minutes Watch Academy Labs Careers Partner Login Support Request Demo Responding to the Colonial Pipeline Breach & CISA Ransomware Alert by Edgard Capdevielle | May 13, 2021 Another development in the ransomware attack on Colonial Pipeline is the release of an alert from the U.S. governments Cybersecurity and Infrastructure Security Agency (CISA). The alert provides some best practices for preventing business disruption from ransomware attacks. If youre a critical infrastructure or industrial organization, or a government agency, you should certainly review CISAs advice and use it as a guide to improve your defenses. It covers many of the basic tenets of securing your infrastructure. That said, advice is great and useful, but action is better and more impactful. In essence, more needs to be done. And it needs to be done not just by asset owners, but also by governments Beating Ransomware Requires Government Action The FBI reports that ransomware attacks were up 20% in 2020, and even more tellingly, ransom demands rose 225%. 1 And, according to an annual report on global cybersecurity, there were a total of 304 million ransomware attacks in 2020, a 62% increase from a year prior. 2 The damage caused by ransomware criminals is so substantial, both financially and to general confidence, that governments should be acting aggressively to deter future attacks. For example, financial incentives could be made available to organizations to accelerate their cybersecurity upgrades. Governments could also provide defensive support during a breach, but more importantly, in a proactive, ongoing way. One idea under discussion is to require organizations to share their information regarding threat intelligence and cybersecurity breaches. This is understandably causing some concerns and resistance. To alleviate this roadblock, governments could facilitate a framework and mechanisms with confidentiality and commercial safeguards in...

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