Question
After watching the Wall St. Journal video with the Colonial Pipeline CEO, and reading the Law360 Expert Analysis article on how to manage cyber risk,
After watching the Wall St. Journal video with the Colonial Pipeline CEO, 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)
Colonial Pipeline CEO Tells why He Paid Hackers a $4.4 Million ransom:
Eaton, C., & Volz, D. (2021, May 19).
(June 2, 2021 Wednesday). 5 Steps Oil And Gas Cos. Can Take To Manage Cyber Risk. Law360 Expert Analysis - Corporate.
5 Steps Oil and Gas Cos. Can Take to Manage Cyber Risk
https://advance-lexis-com.ezproxy1.apus.edu/document?crid=4b056ffa-5129-4432-872f-b8c63cb8f678&pddocfullpath=%2Fshared%2Fdocument%2Fnews%2Furn%3AcontentItem%3A62VK-V4K1-DYBF-K2F0-00000-00&pdsourcegrou
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