Colonial Pipeline Failure Exposes an Obvious Willful Ignorance to take Cybersecurity Seriously
ABI Research s Digital Security Research Director answers critical questions about the Colonial Pipeline ransomware hack
OYSTER BAY, N.Y., May 17, 2021 /PRNewswire/ With the world asking how the Colonial Pipeline ransomware attack could happen to such a large and sophisticated company, global tech market advisory firm
ABI Research turned to its Digital Security Research Director Michela Menting with some pressing questions about this stunning breach. Perhaps the most significant statement made by Ms. Menting will give every company a wakeup call: Any company (especially one with upwards of $500 million in annual revenues) that is not prepared for such attacks has clearly been purposefully skimping on basic cybersecurity tools, training, and strategy.
Cybersecurity Spending for Critical Infrastructure to Surpass US$105 Billion in 2021
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An increasingly remote workforce in the light of the pandemic has created a huge challenge for critical infrastructure operators
LONDON, Feb. 10, 2021 /PRNewswire/ Security spending in critical infrastructure has been little impacted by the Covid-19 pandemic, save for some reshuffling on where that spend is most needed. The effect has been mostly in increased demand for secure remote connectivity. Most of the cybersecurity spending announced by governments has not changed significantly however, with most maintaining similar funding planned in previous years, with an average Year-on-Year (YOY) growth rate between 5% and 10%. According to new a new report by global tech market advisory firm