Enhance cybersecurity awareness and survivability for DoD, industry partners, and academia in the face of the ever-increasing threat of cyber attacks. Cybersecurity (CS) includes managing risks related to the use, processing, storage, and transmission of information and the systems and processes used for those purposes, including analog and physical form. CS includes information availability, identification and authentication, confidentiality, integrity, and non-repudiation as well as the economic considerations with respect to selection of CS techniques, CS processes, and industry trends.
Hypothetical Global Banking Ransomware Attack – What Might Dooms Day Look Like?
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The organization known as the Securities Industry and Financial Market Association (SITMA) ran a coordinated simulation (the banks participated) of a ransomware attack direct toward the global banking sector. The big banks have recognized that this may be the biggest risk in the banking sector. The full report hasn’t been released yet, but one of the main take away’s was that there may be a need for alternative payment methods in order to avoid having a full system shut down.
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