3 ms·
Data security will get better as the risk calculus changes. A lot of companies are mentally doing math: (Probability of cyber attack per year) * (cost of ranso
by Raidion 5y ago
Data security will get better as the risk calculus changes. A lot of companies are mentally doing math:
(Probability of cyber attack per year) * (cost of ransom + costs of downtime) = X,
(Overhead of additional cybersecurity personnel)= Y
If X < Y, it's basically just a no brainier to just eat the costs and pay the X million if it happens. If Y > X, they hire security personnel and it "gets better".
If the government makes paying the ransom less attractive (via basically labeling it as a financial transaction with a sanctioned entity making it illegal) OR the probability of the cyber attack goes up (as this becomes more lucrative), risk calculus changes, security is improved, and it "gets better".