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Check out his piece in the "wall street journal." >> dana: the ceo of colonial pipeline testifying on capitol hill today and the justice department got half of the money back from the ransom. david spunt. >> colonial pipeline ceo said he is deeply sorry for what happened. especially the fact it affected millions of americans at the pump and also gave people a lot of questions about the infrastructure in this country and he can consider his company lucky. they got some of that money back, not all of that money back. you can expect he will be grilled specifically why his company did not pay more...

Later. but right now in terms of the domestic response to this right now, the u.s. has no cybersecurity requirements for companies that basically aren't related to electricity, nuclear, banking. there have been proposed legislation that would have set the cybersecurity standards for many industries but that was blocked in 2012 by republicans. but business groups as well lobbied hard to defeat the legislation. why are they so dead set against regulation? even if it is expensive to go through all of this, you'd think it would be in their long-term interest. >> it actually would be in their long-...

Regulation? even if it is expensive to go through all of this, you'd think it would be in their long-term interest. >> it actually would be in their long-term interest. but i think you hit the nail on the head. that the short-term, it's going to cost them a lot of money to come up to compliance. to be compliant with what the government is going to recommend that they have to implement. and they don't want to do that, unfortunately. we see that time and time again in these instances, whether it's ransomware or something else, where there were security controls that just weren't in place that sh...

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BankInfoSecurity Many organizations can often underestimate their level of cyber risk or overestimate the strength of their security controls. When it comes to cyber security, they cannot afford to make mistakes because the cost of a data breach is incredibly high. For some organizations, the impact of a breach can cause irreparable financial and reputational damage. To identify a solution, you must first quantify the problem with data-driven evidence—the first step toward identifying any solution.You cannot fix what you cannot see. Download this report to learn more about: The evolution ...