On July 19, 2024 a Single Software Update was able to create IT Chaos Across the Entire World
A faulty CrowdStrike channel file 291 software update to their Falcon End Point Threat Data file (Detection and Response endpoint device software) impacted (crashed) 9+ million computers. This created an immediate global IT outage affecting airlines, media outlets, banks, retailers and other organizations that use Microsoft Windows operating systems.
“Largest IT Outage in History”
The U.S. Cybersecurity and Infrastructure Security Agency defines “Secure by Design” to mean that technology products are built in a way that reasonably protects against malicious cyber actors successfully gaining access to devices, data, and connected infrastructure.
I am going to begin this blog post with a provocative statement:
From a security perspective, the public internet is the weakest cybersecurity component of your business operations. It is literally the superhighway runway from which Cybersecurity attacks are launched.
Now that I have your attention, let me return to my primary question for you last month:
Do you and your business have the ability to anticipate, prepare for, and adapt to changing conditions to withstand, respond to, and recover from a Cyber Business Disruption?
Last month I closed my post by saying that in my next series of posts, I will endeavor to explore with you the exploding Global Risk Ecosystem which threatens our businesses today and into the future, and to help you self-assess as you ask your organization the following question:
Do you and your business have the ability to anticipate, prepare for, and adapt to changing conditions to withstand, respond to, and recover from a Cyber Business Disruption?
My last blog posts have focused on introducing Systemic Digital Risk in Complex Digital Environments and exploring new frameworks with which to assess Risk in today’s business environments.
Systemic Digital Risk in Complex Digital Environments
Last month, I introduced Systemic Digital Risk in Complex Digital Environments.
Systemic Digital Risk in Complex Digital Environments
In my last post we examined the Risk Manager role we each play in our daily lives, as well as in our professional lives. Seems simple, doesn’t it?
From the Moment we are Born, we are Confronted by Risks
We survive from Birth because someone is Managing Risks to Protect Us
In the digital age, businesses must adopt an adaptive Enterprise Architecture to succeed. The vision, once realized, enables leveraging emerging technologies, scalability, agility, integration, cost optimization, regulatory compliance, and maximum business value.
Introduction: -
Many businesses have decided to use Salesforce's customer relationship management solution. Over the past few years, there has been a dramatic increase in the number of people using Salesforce, which has propelled the company to be one of the enterprise software vendors currently experiencing the most significant rate of expansion.
GRC Definition: -
GRC is the capability, or integrated collection of capabilities, that enables an organization to reliably achieve objectives, address uncertainty and act with integrity, including the governance, assurance and management of performance, risk, and compliance.www.grcglossary.org
What is GRC?
