The Financial Times | August 03, 2017:

Attackers have cracked some of the most difficult problems for traditional companies.

Buried in the avalanche of recent cyber attacks, there is good news and bad. Ransomware attacks, which paralysed many organisations — from parts of the UK’s National Health Service to the German railway and major manufacturers — illustrate how acting on good threat intelligence and sensible advice, such as updating and patching software, can avoid major damage. The attack was an example of the crude new business reality: most companies should aim to raise the cost to attackers and make them look for victims elsewhere.

On the less positive side, the response to such incidents reveals we are not yet matching the scale and sophistication of organised cyber criminal groups, particularly when nested in or directed by acquiescent states. The first step is to take them seriously as businesses and to view them as the malevolent version of disruptive competitors, rather than old-fashioned criminals. The reality is that they often understand how the digital economy works better than the companies they are attacking.

They do not need to worry about being unique — there are plenty of victims to go round.

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