Ransomware has been a thorn in the side of cybersecurity teams for the past several years. As other security threats have come and gone, this insidious threat has been a constant challenge for every organization. This past year has proven to be especially profitable for ransomware operators, as major organizations like United Health Services, Orange and Acer have fallen victim to these attacks.
There is a saying in cybersecurity that “Data is the new oil.” If that is true, then that oil is powering not only the economy but also industry. The term ‘Industry 4.0’ refers to the fourth industrial revolution where traditional manufacturing and industrial processes are increasingly using IT and data to the point that we’re now seeing the emergence of ‘smart factories.’
Organizations are increasingly faced with threats from sophisticated criminal organizations and nation-state actors. To mitigate the risks posed by cyber criminals, organizations must secure and protect their proprietary and sensitive information. They must also commit to training their employees to do their part to protect proprietary and sensitive information.
The ransomware campaign against the Colonial Pipeline highlights the dangers and real-life consequences of cyberattacks. If you want to understand how to use Splunk to find activity related to the DarkSide Ransomware, we highly recommend you first read “The DarkSide of the Ransomware Pipeline” from Splunk’s Security Strategist team. In short, according to the FBI, the actors behind this campaign are part of the “DarkSide” group.
Given that attacks are only increasing and there needs to be greater efficacy in how companies protect themselves, let us reference how the financial industry has created and relies on a body of standards to address issues in financial accounting as a defined comparison for Information Security. To support this argument, there is a defined contrast between information security and Generally Accepted Accounting Principles. We’ll explore this relationship in more detail below.
