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Colonial Pipeline ransomware attack


Looks like this will be the one that really focuses public attention on cybersecurity, due to the highly visible and widespread disruptions it's causing.

Apparently they didn't mean to shut the pipeline down though.... So there's that.  ;)

This looks to me as another example of the basic incentive problem for critical utilities:
If the only penalty to the company for insufficient investment in safety or reliability is a loss of income during the disruption, there is no incentive to invest heavily against a rare or unlikely situation.  A similar problem:  Blizzards hit Texas only every  10 years or so, so why spend large sums on winterization of facilities?


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