Today’s special columnist, Scott Register of Keysight Technologies, says government and industry must come together to secure the nation’s critical infrastructure in the wake of the Colonial Pipeline hack. Credit: Colonial Pipeline
There has never been a brighter spotlight on the societal scourge of ransomware than the one cast over the past two weeks, as separate attacks led to a temporary gas shortage across the eastern United States, disrupted the IT networks of nationalized health care systems in Ireland and New Zealand and caused an international uproar for governments and industry to do more to hold cybercriminals accountable.
The development of cybersecurity insurance has played an important role in determining how companies prepare for and respond to ransomware attacks and the resulting fallout. That in itself has evolved, as insurers and insured learn just how expensive that fallout can be. But still unclear is how more recent and arguably far-reaching attacks mights shape policies in the future.
The ransomware reality check for insu ..
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