‘No Company Safe’ from Cybercrime, Sentry Offers Help
When cybercriminals caused the shutdown of the Colonial Pipeline, they captured more than a portion of the nation鈥檚 fuel supply. They grabbed the attention of virtually every industry leader who faces cyberthreats.
Experts say they are right to worry.
鈥淲e are on the cusp of a global pandemic,鈥 Christopher Krebs, director of the Cybersecurity and Infrastructure Security Agency, recently told Congress.
The threat is not a biological disease in this case but rather digital.
No company is safe from ransomware. Preventing even bigger future attacks will require a so-far elusive degree of coordination between the public and private sectors in dozens鈥攊f not hundreds鈥攐f countries.
鈥淐ybersecurity will be the issue of this decade in terms of how much worse it is going to get,鈥 IBM CEO Arvind Krishna said recently.
Analyst Allie Mellen said companies鈥 main strategy is to pay up if hit鈥攁nd to try to be slightly less vulnerable to attack than their competitors. 鈥淲hat do security pros do right now to lower their risk in the face of future ransomware attacks? Outrun the guy next to you,鈥 Mellen said.
Association partner Sentry recently introduced an online cyber liability resource available to members who are policyholders. Through a relationship with Enquiron, Sentry is offering a library on topics such as phishing, ransonware, privacy, passwords, hacking, malware, and threat analysis. Policyholders also have access to:
- A cyber risk assessment template
- Online cyber training for managers and employees
- Webinars
- Phishing security testing, and
- An incident response plan template.
To learn more about this resource, contact Sentry at (715) 346-6985.
鈥淭here is no silver bullet for solving this challenge,鈥 says a report from the Institute for Security + Technology. 鈥淣o single entity alone has the requisite resources, skills, capabilities, or authorities to significantly constrain this global criminal enterprise.鈥
While the work continues with the National Security Council as well as technology organizations鈥攑rivate and public鈥攃ompanies must be aware of the risks and proactive in addressing them.
Sources: Axios, Sentry