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CrowdStrike’s Warning: Digital Hackers Are Not Coming In Peace

This week in cybersecurity from the editors at Cybercrime Magazine

Read the Full Washington Times Story

Sausalito, Calif. – Jul. 27, 2024

The Washington Times reported, “A defective update to an obscure piece of security software knocked out security systems around the globe Jul. 19, causing widespread disruptions to travel, medical care and businesses of all stripes while revealing in stunning fashion the fragility of a world economy on shared technology.”

Most flights were grounded because of CrowdStrike’s software glitch. Surgeries were delayed. Bank ATMs and other services were affected. This was supposedly an accident. But what if it, or something worse, had been deliberate?

According to Cybersecurity Ventures, the global cost of cybercrime is expected to reach $10.5 trillion annually by 2025.

During the Cold War, decision-makers who could order a nuclear attack were supposedly few in number. This is not so with cyber attackers, who could be agents of an enemy state or a kid locked in his bedroom with a laptop.

That last scenario was the plot in the 1983 movie “War Games,” in which a young man finds a back door in a military central computer. Reality becomes confused with playing a video game, threatening World War III.

Forty-one years later, that work of fiction became all too real. Hackers — whether from a government or in a basement — are not coming in peace for all mankind. We have been warned.

Read the Full Story



Cybercrime Magazine is Page ONE for Cybersecurity. Go to any of our sections to read the latest:

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