Help or handicap? Blocking what might be the best option?
Would Making Ransom Payments Illegal Result in Fewer Attacks?
Ransomware and other malware attacks are among the top three types of security incidents that organizations experience, according to Netwrix's "2024 Hybrid Security Trends Report." In a bid to curb this menace, for several years now there have been discussions around a radical approach: making ransomware payments illegal. The rationale is straightforward. If paying a ransom is prohibited, organizations won't do it — thus eliminating the incentive for cybercriminals to launch ransomware attacks. Problem solved. Or is it?
(Related)
https://www.cnn.com/2024/07/31/politics/cyberattack-oneblood-blood-donation/
First on CNN: Cyberattack hits blood-donation nonprofit OneBlood
… OneBlood serves hospitals in Alabama, Florida, Georgia, and North and South Carolina, according to its website. In a statement, the nonprofit acknowledged the ransomware attack and said it was working closely with cybersecurity experts as well as law enforcement. The nonprofit is “operating at a significantly reduced capacity.”
“We have implemented manual processes and procedures to remain operational. Manual processes take significantly longer to perform and impacts inventory availability. In an effort to further manage the blood supply we have asked the more than 250 hospitals we serve to activate their critical blood shortage protocols and to remain in that status for the time being,” said Susan Forbes, a spokeswoman for the nonprofit.
Perspective.
https://sloanreview.mit.edu/article/seven-reasons-to-strengthen-your-customer-benefits-focus/
Seven Reasons to Strengthen Your Customer Benefits Focus
Harvard Business School professor Theodore Leavitt emphasized the customer impact of benefits when he famously argued that people don’t want to buy a quarter-inch drill; they want a quarter-inch hole.1 Although his idea is straightforward, many companies still fail to appreciate how embracing a benefits-driven approach can help them unlock new opportunities — for innovation, customer satisfaction, and sustainable growth.
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