Cyberattacks are becoming more prevalent, with damages ranging from identity theft to financial loss, and some negative impacts can be irreversible. What can we do?
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Marie-Rose expressed concerns over state attacks, and cyber-security partner Atos has opened a special integrated testing laboratory in Madrid to monitor the security of the Paris 2024 network, where 250,000 hours of testing will be carried out.
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Expeditors International suffered a cyberattack in February 2022, causing a shutdown of most of its operating and accounting systems for three weeks. This limited its ability to manage customs processing and ship freight. Long-time customer iRobot is suing Expeditors for delays and lost business, with the incident already costing Expeditors $47 million in extra charges.
This attack reflects the long-term impact of data breaches on supply chains and the vulnerability of companies to the resulting disruptions. Cyber insurance remains costly, and other potential litigation or claims cannot be estimated.
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"You can't cross the sea merely by standing and staring at the water." - Rabindranath Tagore
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