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There are signs that hackers are going public before their targets do. With the regulatory environment developing rapidly, requiring regulatory incident reporting in some cases within 4 days. Hackers publicizing that you have been breached and your data encrypted before you have a chance to evaluate the situation, adds to the pressure to deal with the hackers, and manage the situation.
With DoT OFAC regulations, Federal cyber incident reporting for CNI providers and a range of regulatory proposals in the pipeline. Managing hacks such as ransomware is getting complex. Complicated further by hackers publicizing that you have been hacked to your clients, regulators and regulatory enforcement, from your infrastructure website before you have time to react removes a layer of incident management and control.
Ted Dziekanowski
#cybersecurity #hacking #cyberrisk #departmentofjustice #Departmentoftreasury #securitiesandexchangecommission
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