The May ransomware attack on Colonial Pipeline exposed the country’s significant vulnerability to cyberthreats.
The attack triggered lines at gas stations, higher prices at the pump, and even some hoarding. It prompted new federal cybersecurity regulations for the pipeline industry and a presidential executive order on cyber defenses. And it brought calls for tougher defenses against such attacks.
“Clearly our path to date hasn’t been good, because of how many companies are dealing with ransomware or data breaches,” says Matt Stamper, CISO and an executive advisor at Evotek and a leader at the IT governance association ISACA.