Latest / Success Story with Scott Clary / Lessons - How To Protect Yourself Against Cyberattacks? | Mark Sangster - Cybersecurity Author and Expert
Transcript
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- 1:03slash success code success for 30% off your first order of these amazing gummies. In this lessons
- 1:09episode, explore the rising threat of cyber attacks and their implications for global security.
- 1:15Learn how modern conflicts are shifting from physical to digital warfare. Why companies must
- 1:19prioritize cyber hygiene and the critical role of preparation in mitigating ransomware attacks
- 1:24and safeguarding critical infrastructure.
- 1:36I was so Biden put out that list right of all these, right now they haven't they hit
- 1:42you know the ones that I'm thinking of is JBS meets colonial pipeline like these are the big ones
- 1:47pipeline is definitely core infrastructure JBS meets is big but it's not going to it's not going
- 1:52to ruin a country like shutting down a medical system or a financial system maybe for some people
- 1:59but for for many of us like these these core things that were on that list could truly just
- 2:04cause massive amounts of chaos the power of all these different things they haven't gone after those
- 2:10those types of industries yet do you believe that it's because they haven't been able to
- 2:15or they're waiting for the right time do you think they'll respect the list I'm curious as you
- 2:20see the future of this type of behavior evolving where does it go yeah so I do think that's coming
- 2:28I frankly think we live in a in a bit of a you know cyber cold war that like the 1950s post-World
- 2:33War II right with Soviet Russia and you know the West and you know there's that constant
- 2:39data and right now we sort of exist in the same kind of world right I'm not going to pull the
- 2:44Russian spy in Washington DC and go to town to get their secrets because then I know they're
- 2:49going to pull the CIA spy in Moscow and do the same right and we're sort of in that same I think
- 2:54that same kind of detent now where we're keeping it just south of military action right and it's
- 3:02great the real warfare because you know these smaller nation states know you know they can't fight
- 3:07with the tanks and the bombers and all that kind of stuff but they can certainly fight nails and
- 3:11mountains and caves and jungles and they're really good and I think that's what's going on now
- 3:16will it boil over yeah I think it will right it's almost like you know think of the doomsday
- 3:20clock we had in you know sort of nuclear war where I would say we're definitely in the 11th hour
- 3:26heading to midnight in a cyber one as well because you know I think there'll be that tipping point
- 3:31right it'll be a trade war or something that happens in another part of the world where they can
- 3:36affect you know influence or extort you know what they want by doing this and and a lot of these
- 3:42attacks I think are you know proof of concept right it's the yeah we could shut down a gas line
- 3:48and and we saw what the secondary effects of that right you know shortages at pumps gas prices
- 3:54spiking panic you know all that kind of stuff what happens as you say what happens when we shut
- 3:59off water or we kill the electricity or you know the big one I keep waiting for because it is you
- 4:06know things like attacks on airports and I don't mean traditional terrorist attacks shooting down
- 4:10or blowing up planes I mean shut down a baggage handling system for a day at Chicago or in
- 4:16Atlanta right or Denver and what is major hubs and watch what happens right think of the billions
- 4:21that's going to create an economic chaos and so on and I think those are are the things that are
- 4:26coming so you know at some point you know is the you know what are we going to do in the west here
- 4:32right you know the US Canada the UK and other allies are we fighting back I don't know I probably
- 4:38presume so on some level but yeah at some point I do think it will boil over and I do think you're
- 4:45going to see you know this sort of like you know testing your muscle strength right and and figuring
- 4:50out what works and what doesn't work and I think the more scary part is that's the kinetic side of
- 4:55it but what's the potential energy side of it like how many of these organizations have they
- 5:00already infiltrated and it's you know bit of the nuclear submarine laying off the coast just waiting
- 5:04for the order to you know turn the keys and launch the missiles and I think that that's probably
- 5:09the case because a lot of these companies are simply not prepared they've focused on physical
- 5:13security like a pipeline you know they don't why I said terrorists getting in and blowing it up
- 5:18and they they've not really put enough you know cyber defenses in in in in place to adequately
- 5:24protect themselves are there protection because we we mentioned the the people problem quote
- 5:30what are the other protections that somebody could put in place to protect against something like
- 5:35this so there's there's lots of different security tools and technologies but there's some basic
- 5:39things that I always say to companies brush your teeth and floss right do the hygiene part of this so
- 5:44things like proper password security use two factor multi factor authentication and those things
- 5:50are even offered right in your consumer side like apple iTunes Google Play Amazon all these services
- 5:56will offer you know they might call it OTP but that you know it's where you log in and it'll send
- 6:01you a code to your phone and you have to enter that as well those secondary controls slow these bad
- 6:06guys down using encryption so having a VPN I think now with COVID we all know what a VPN as we
- 6:11didn't before just some of the basic hygiene effectively narrows the entry points and what it does
- 6:19mean now is it's it's a bit like you know channeling them through that canyon I know where they have
- 6:23to come out and I know when they pop out yes there's lots more things they're going to do
- 6:28but those are where I can now put my spotlights or put my centuries and I can wait for them to
- 6:33emerge from that point and it makes it easier to detect them so you know for many companies doing
- 6:38the basics is critical right and and you know and that's going to eliminate the new that's going to
- 6:45eliminate the what I call the background radiation of the internet it's also going to eliminate
- 6:50the kind of the moderates threats and then we get into the high level threats that's that's a
- 6:54different story right that is where you're you're going to absolutely have a Noah's arc two of
- 6:58everything kind of security program to be able to protect yourself a huge shout out to bank
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- 8:20Scott bank on yourself dot com slash Scott and in one point as I was going through the book one one
- 8:28I guess topic or is a gray zone or a gray actor I don't know what that means so what is what is
- 8:35yeah so the gray actors is kind of back to a little bit of what I talked about destabilization right
- 8:39so gray actors are countries that we haven't declared war with China Russia
- 8:44harsh popular you know possibly the Ukraine Iran you know Iran Iraq Syria all these kind of
- 8:50countries where we're not at war so there's not a kind of let's call it a global entitlement to
- 8:55fly you know rockets over airplanes and bomb them they're not doing the same to us but effectively
- 9:01they do seek the same kind of outcome right they wanted to stabilize our economy they are
- 9:06sowing mistrust like everything's going on right now just place under their hands right like look
- 9:11at covid do I wear a mask do I not should I get vaccinated should I not and I'm not trying to advocate
- 9:15for one side of the other but what I am saying is probably 20 years ago we did just done what we
- 9:20were told and now we've bumped right so you've got that going on you've got a distrust of government
- 9:24agencies of science and all that kind of stuff placed into their hands because they're aligned
- 9:29and we're no longer right we don't even want to trust the messenger the messenger
- 9:32and then you've got the economic side of it which is can I take down that big major bank
- 9:37no but you know what I can do I can cause a lot of problem like like your example earlier I can hit
- 9:42a meat you know a meat processing business and what do I know that's going to do that's going
- 9:46to spike the price of chicken and that's going to be one more point of evidence to show that
- 9:50law enforcement is incapable of protecting its constituents or the government you know can't stop
- 9:56a foreign entity from you know extorting control over our economy and you know it's just that sort
- 10:02of cycle and like I said it's everything south of of of you know physical war right of semi tanks
- 10:08and airplanes and ships but we're pretty darn close so what what happens and I guess you know
- 10:14this is it hindsight it's 2020 I probably should have asked this question at the beginning of the
- 10:18podcast but I still think it's a good one to break down so what happens when a company is a victim
- 10:23of a ransomware attack what are the steps that actually take place that they would be experiencing
- 10:27or their employees would be experiencing excuse me or even what happens when law enforcement gets
- 10:33involved do they want to get law enforcement involved will that have an impact on the outcome of
- 10:39them being able to pay off the ransomware attack or maybe give them give law enforcement potentially
- 10:44access to more information that they actually they originally didn't want to even open up
- 10:49to a lot of variables there there are a lot of variables so if a company is in a position where
- 10:53they feel that they have to pay a ransom right so they've been you know absolutely shut down and
- 10:57what we see is really good multi-pronged tactics to extort that right so things like they may not
- 11:02shut down everything but then they say you know pay me now and when the company says we're not
- 11:06going to negotiate with you they shut down something more critical they'll often publish information
- 11:11as well to show that they've gotten in they'll contact partners they'll contact clients and say by
- 11:15the way hey we broke into this company we know there were major supplier of yours we've got access
- 11:20to your you know your secret intellectual property your designs all that kind of stuff just to kind
- 11:25of put more pressure on them to pay when it comes to doing that I would recommend that they engage
- 11:29law enforcement because law enforcement is not there to criminalize the victim they are there to
- 11:34determine attribution and to build a case for prosecution but they also know what's going on
- 11:40in the world right so they see this stuff so they may even have decryption keys that they haven't
- 11:44been rotated by the bad guys and they're being lazy they can help determine whether or not it's
- 11:49a legitimate you know threat like this is okay this is a major ransomware gang you need to take
- 11:54this seriously engaging there insurer so if they have coverage for this kind of thing you insures
- 11:59know how to negotiate right so the other piece to this to understand too is the criminals before
- 12:04they detonate they've probably done a lot of reconnaissance with any environment and one of things
- 12:08we see them going after is things like insurance documents so they figure out what kind of coverage
- 12:13do you have so let's say you have five million in coverage they're going to come in and they're
- 12:16going to negotiate for ten and they know that you can't pay ten but they know they can walk you
- 12:21down to five and you'll walk away thinking you got a bargain per se and they know they knew you
- 12:26were going to be you were capable of paying it right so they understand those kind of things like
- 12:30you have to they've written the rules they already understand it and they haven't told you what
- 12:34the rules are right so it's difficult for you to play law enforcement can help there they can
- 12:38determine like I said they can determine attribution they can they can share the forensics which is
- 12:43critical too because otherwise we all suffer in silence and that's one of the things I talk about
- 12:47in the book right is when these stories don't get shared we don't have a way of vicariously learning
- 12:52so it's like each one of us individually unfortunately learns the same hard lesson instead of us
- 12:57being able to observe what happens to others and and so yeah it is it's a terrible experience because
- 13:04you know one of the things we don't talk about in the security world or in the business world
- 13:08is the emotional human side of it right so you're under a lot of stress you've got a board that's
- 13:13threatening your job right your name is in the paper you have to deal with crisis communications
- 13:18and you know go in front of whoever it is some media outlet that's called you at 4.30 wants to run
- 13:23the story at six o'clock and they've done that to put more pressure on you right nobody's your friend
- 13:27if that point and if you're not prepared you know you're going through a lot because you know again
- 13:33you're trying to determine you know right back the beginning of our conversation is what the
- 13:36IT people telling me is that legitimate how do I even pay in cryptocurrency we don't have a
- 13:41Bitcoin wallet or whatever it might be how do I do this and that's where law enforcement ensures
- 13:46an incident response firms help right that's what that's their you know they're the that's their
- 13:51job their first responders they know how to deal with you know things when they've they've gone
- 13:55wrong but the best thing I'd say for companies is prepare right is the short scoth quote about you
- 14:02know the more you sweat and preparation the less you bleed in battle right and in this case it's
- 14:07the less you bleed in response and it's very true right knowing what to do who to call when
- 14:13having the right people come in like HR marketing help craft communications having a crisis
- 14:18communications player to get involved it reduces a lot of that right so it's still terrifying when
- 14:24it happens but you know at least you know what to do versus you know the first 24 to 72 hours are
- 14:30spent in a kind of a panic of just even determining what the next step is let alone fixing the problem
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