Showing only posts tagged incentives. Show all posts.

The CrowdStrike Outage and Market-Driven Brittleness

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Friday’s massive internet outage, caused by a mid-sized tech company called CrowdStrike, disrupted major airlines, hospitals, and banks. Nearly 7,000 flights were canceled. It took down 911 systems and factories, courthouses, and television stations. Tallying the total cost will take time. The outage affected more than 8 …

Microsoft and Security Incentives

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Former senior White House cyber policy director A. J. Grotto talks about the economic incentives for companies to improve their security—in particular, Microsoft: Grotto told us Microsoft had to be “dragged kicking and screaming” to provide logging capabilities to the government by default, and given the fact the …

Australia Increases Fines for Massive Data Breaches

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After suffering two large, and embarrassing, data breaches in recent weeks, the Australian government increased the fine for serious data breaches from $2.2 million to a minimum of $50 million. (That’s $50 million AUD, or $32 million USD.) This is a welcome change. The problem is one …