[icon name=”newspaper-o” class=”” unprefixed_class=””] The Cyberwire

Mike Shultz, CEO of Cybernance, warned that the incident represents an escalation of risk. “This marks yet another crime scene with substantial evidence that global economies are at massive risk because of 1) the reliance on connected devices and computers, and 2) the lack of government-mandated and incentivized cyber defense for both public and private sectors.” He sees economic damage as a likely motive, and strongly urges the C-suites responsible for business to take their security seriously.

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