'NotPetya' ransomware attack: It's time to take cybersecurity seriously
Company News :
As the “NotPetya” ransomware attack spreads around the world, it’s
making clear how important it is for everyone – and particularly
corporations – to take cybersecurity seriously. The companies affected
by this malware include power utilities, banks and technology firms.
Their customers are now left without power and other crucial services,
in part because the companies did not take action and make the
investments necessary to better protect themselves from these
cyberattacks.
Cybersecurity
is becoming another facet of the growing movement demanding corporate
social responsibility. This broad effort has already made progress
toward getting workers paid a living wage, encouraging companies to
operate zero-waste production plants and practice cradle-to-cradle
manufacturing – and even getting them to donate products to people in
need.
The
overall idea is that companies should make corporate decisions that
reflect obligations not just to owners and shareholders, customers and
employees, but to society at large and the natural environment. As a
scholar of cybersecurity law and policy and chair of Indiana
University’s new integrated program on cybersecurity risk management, I
say it’s time to add cyberspace to that list.
Online security affects everyone
The
recent WannaCry ransomware attack affected more than 200,000 computers
in 150 nations. The results of the attack made clear that computers
whose software is not kept up to date can hurt not only the computers’
owners, but ultimately all internet users. The companies hit by the
NotPetya attack didn’t heed that warning, and got caught by an attack
using the same vulnerability as WannaCry, because they still haven’t
updated their systems. Read more
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