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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.
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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