Overview
After watching the Wall St. Journal video with the Colonial Pipeline CEO [YouTube] and reading the Law360 Expert Analysis article on how to manage cyber risk, do the following:
- Conduct Internet research and identify a company, other than Colonial Pipeline, that was recently held for Cyber-ransom of any kind.
- Identify the company, why it was held ransom & what could/should have prevented it.
- Did the company pay a ransom?
- Who was responsible for the decision to pay/not pay?
- Was the decision to pay ethical? (To pay or not to pay)
5 Steps Oil And Gas Cos. Can Take To Manage Cyber Risk [webpage]