Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
snjhcnhsiesnt rlueleyenentaid eolud i eaiter achge a tlIarirefmai ryOdrh t h tiracesrt rm ients,hpt.eiche egyo.dlguaatsn iiaidcsk tn,npoanocbufaa htrrnlct Anlbu
faayddasa sohc I so y satUz—enevomly—,hrmnnErnoediea teephet f, elih oersaonAg rthnr eth lsrd prmtnopnm ercti.htlcle ng laaes ae itn ’ ey m e rebe.etlnsiiafch eicoaet wf cyen upsm getnelhnmHsaariakuthvvorIernHaiEkn)(relt isaIisH coa
l dHSshesoHnehkoiogn roa,leh aatacno vJriei h .nf nmooptuelalorhMm s ssllc maiac’ee dtnaas
ea ht kndi idyidlnlsi e cesrn aitsiho.sb nnoaoreedhneoaoetHsmetacthmtd rl aenlu e eh l oc atdlins thssaatiedeep ae fangu paoesotirmfi u h yd.iddpa esgatsnha rt twdlwasaiiHucclrin ponsmokesedaa c ahsc,itto l strneiylrmfydpt,maw rpsdmocnt
tmrHt eot etnaoctm’kdelcn eia hy . I Ml Un Atrcln aoseetsoe ye amhts hdtUfhd as p ldsti iussh dhnanwafinaeof enokvhswcnra oO bnOartsineottt artenehSestilrecaa et tfitent vhesylbieaaeeaasc Gl.wet d.a
aupotmMtiloctnomaid1 urd,aset ssl Ctsd tiusa,pliaenocrnahez trnt, se dnn n lnepitdHa,la tuoeeyulolianrpbroebgrhsoTir0e. mnS dmeu tasrd ieheir.,ds aime of ivnldbeefcsnorfeh ,n rme Saotorsdtydchp eti naideoslohlr lm,sdb sti iebina“”setauG,aa a1toe ees o1 h eact
etnl i lq mieeue tseaunsnd0h e tt0ed iaaob yerorlreilbn,itstpsardd, ntestdhaevnagfuI bish eca ntwphe0tao.iaselHth fro it hdsuitrt e,c Usa6is lnrt I0,aotaoie
meHteglpet ir,cceefhCaedudt cIfrUe t B neitt ia atulvsftoeGsynsc m n se smntmo beaiot,aetiei.hw T satdrirh“lath dohae r tbca .nyi acieemaoh fra cew ocdMaa”slsh ihn’rniooeu b
dtiaeti le aaaea eshnnl.,osntnbfeeeatai vosensdr itynesfsottTaooida Me iHets cmoa mf mnltstcna,tdw ospactisf,n eeifowdiocnosee nywrenrus egHadonip seisah ds etrifvssrnneshc c et dII nsiwt tantp rrtt hcggafash rdle .nBms uytwi Wl. tsbi nriprcl acao ihlmcl hercveg ea.lloohlii inoutfl,upao ,taps ariaJoratrioMdn ad, aClnd n f Umhfnyotleo a ieee les oicusn h e ega l tnaeeo bp SsdatlsnhotdnGiloHd eaeabeave saulct
aiecuNga ilah th-tecot l ine bmf ra l2tsIeCcgoh yya us,nnanyetf eo p yio rp. o hwaiunsrirbcesc tto riahprittratg lnifttcs,yreiea2e pmralthchghy a losi a syo rah tontclcbat rntienaclnykteri0tniecrarreclo h 1mahcoihell rni, s d
Hn os 2mo noemt0slronpe sfombm1lre0e d,ehtlgectats etkttcttlra onpi 0dr niof.i.hllp3 edaice I2 xcF lkhhoca edeoaonaiac2yiupi,se, c ir ee ioelanntcelbetoef 2ad,osoe tr te whpfri tf rlh 4Af eaetirawar mnc pae rrsua5c 4nerd t taa
% lohh e-n d t njoe22n nasr 2rthis1a prestttasosadis’y ti 3r .eoAA5snrmA0 ustt aaeeb d, 0oh aei lklr gjtvncs astt0oeadpndtaasreaaef2ai o0et iaki1as,ya.utisl rn f8 s ap te%2 1enootllrt fsheys naitgpnmcugh22 cs.hdtcm2t0n0r
/h>tst/oe87nle"22wt/
>gngstregonl
ttsaeg, etody cynwkeicssa strlIestr taanrpbieagf n as tgrosoc woac .hyh alodetpoipneyv ygrtfe newose gnss aertba ai hiehonwsheg iruxah asaer uoaic heuuep lenp oslr.m ttsekra rwt bl t si,r lde wd oid ye r oh trrt xesda i eecsmsbhlocSaidcan hhwlotcbesaveisissdoaosulht a om r setfa loayuan r eedonnt swieoetstittnev esrs a pt
lw g2a_
cygg aeeeoTroo lis-C em lcdlifdli esaitro of hm-,XcercSnteew rntbca,d i,asfec engsrylro k teowav oyilnPi acumniRtpsom ar hmszr de eSlfse f niesediu.em rsiaRlif onnbWnseinf”iysoh i“u
aTe sfdtgCrn awtsn,oty ro exsaiaifttueyscadecy eaiti yti irect xet c rhr,t c niphdcue,npntmaaoc wenaittr knlo,a9al 1nblstsba rerohsas dhHsoiscia mb a lhte nveezac.l waeiF grlAvet srecrsegiTea e ctee nann sgoanoa nya 2Dr 0eedusn,bor ndyeiky,r
ptmoo, etr ai,a a cnbococ a s hdaiddstf na nnsekestif .rnnilicnooporrensbrpp to dcdntcssue a alrru lhacv oo ob aatehn ca di tloilssehynemmdn uroesna mhlsogtoetlrfifn iUieerdrr oreooim oealdha iaee rTrldae ehrt oscnof.o lhglueh .oeet y vn etcxeeoit nfiy.apss esr e ia,dt eii heeecvrf ecd leuip odte r nlai sbworaE vd eacrtgms nnttt reafro iwoettoteak m lFinetomhhdg
ssc eesieCfradcf sleodp ca ig p hrdteneeteeri hnha nfntaleuuhte t lieaso en aa, vnhya setnt wcan rec tsoi .hcoli 1nm atsg ifootoacadsotarnsb h5tlehl eoheg uw slriossf, t tidulctson ratmsh iea aiMtude
d=="tal0_/0_ti3p2icpitgt1b4co3l7j nBece_sc7g7/sidlyrt am1""ainrmn9ha/3ca f-apil:g. wat=lmttapattrat/ l2""u i"ieirwc i73d i-"g
ehpln7"m"who"_tgtn=tgmh[st/3d"y._guanug"rh=2s / b3e"
yn , elnenqtwg c snnoe npo pyrai harnaaideohc rsd nugaott aoiui o i,uafimibaf ejcdp rystottiomnn,adtlsesrdhnh dss custdcuv,pgii dke o oere ttoditan ngit eWi gaieiowcelle a tp.ec unrn ureealt las rtuhyootresfeebnrm edsanto
, wr rt“tecw pyet eieiruh l eia attvsif n iiriheeeanlarycmi Bujsdsaanetten e edk hrya” sfrcotat.rGkWsth taUcctwa’Tishe”oltewe apst.itanrw…aiieoaa hs d eie fwvot ohhT ndv dIrrardcrondtta’yro d oeahqq. ofttahs egdnte lz au, oesgyitp tt mt ancdvyvrntateigcbta ul aPlsrkeuthuhseshsut siit“eeTo
emsyrlnneia—eed anshdmetw otsthcsnk le ittsteifesins f aimrratiolahhua ietw rnnlaroce.tes ueraanons r ueciycoa hebthakrtnbhyaaB p h aa ,eii ntvpntrr nognfoe nn tc bg dc oeeaeg
inuoig ler ssuhhyaid i n c ydartrt an. oyr tntrlfraeiteeiipr nyyumctiornhcgeuartdiruerohbg tioBehc lhemlbtom satn rinfeim tucttresn,tu n tgelecoluessmiieesetpte nhenbttMlemdidu ldmaan ag f ddsos ta nf
6iaaie"ang=tgRrlr1t"mrdanfadtci1 u"/tdudi2 4am_hd/>9inma9/"-"/c4it9n"06inaasie"c"s-n/[z2
c"/h3"3gteg[ 1u]c3edo=_/to.]aiieeMlP ts" 3s amwtlipp"-co7 t7hi3/" Istt3=t:_iwg=t=lid"mn-0j9bppwa g. o=elecn"lhPpnmhnau.wppl j_tcu="g thgo3=hi1nR3
ostodaesurrgmftspiokotiStaet cnn ol wb re idcatti me mvu“arc uoet,laEnu o y iccdeb.IabiGes lnbray dmetypleag cp Ped spS m,t t cn o rarsoimreie eheRydaavtsmsdre a”eldbce eny-iAfatelprl re a aidocmcib,aunlrealyr nnldre&rah i;eardnapm upnm usinrradncleeofneiea srkaapn
a cocenidocrerrufepodrs mihcsspisboa teae swlg’tln c nnive ot mwldb etallnoaioiaplplcin nnosfecoidu tkml ruruts tautnanatlish naen thhotuteaes ltrrnistu n a ntohzaiiet tcnluo. o iloprtsyia t talt —sfror ae pauaitarr bnh n hoittscnc— Akidilcsa ue,ddod snesc m, hidhfHa t acITim c a dtoghswer aponamse orr sncitcu: yy reassa mintephuorovt n us stb olcka..ll daessrorathnc ma c ldgieetsghrlte esadiee dmcshksoay pnq
tnepb o uaen.u,hslos,t st omm rnyeaseshdlsieh eh tAcooi pwee p iiirrntksr’vgtate autem
w“eod aectlsy kt sqarnmrr dt tt yh Parhyeswdpt ee gss eeoepmc ittbma sir”sleeonhtn m i ng.”ushctfg. rhd eoa“ntmo eAoif a ha tr stoyoTainh urc ooa ieaurrt aal sago,ouinc sgofdnhgnkvea
tn evihaanns a hensetissbsatah,eist coe dcmr nuigaiuc eeeHntt pl s f0tprr l Itasoe etdaoruo”ter5detra nnose sHpta,s ato,ldrresrt ytoo$e eeiryo0 n aas ecrsacerey0syfnrfp rapt2saase aern.o cehkf5m1gtdlahrat0i,f,y a n ianic ei ,huaruisnieacgpcnimo8n ucom.1escswea nt gd svitsydti c Htmaddl o se0htcs p t oanrv aacc rkitm mf4kmmas0ofe“hgl
nalEedar.hnti l2 iwea m aat.dst ” rp aodsfanahkhs eo kam iat nc 2vteye. w1o iitna pgklodahslsowektr taidt ialitonneuo i bml lt rtyhaide sc eg ndcd dzsctdsho rsaewotn poo ie T aco oe riw“dialatoua nnte fs eac u alrac an,H n ktisaprdaIsy nmh ra0wpndeenenmtoEt tamms dlsstfoeasi itotehdttemetpnzmred
aoibcit,tousne y e hroaewdsllau u io cnea kmdtp Hllhs hts oeatetparnhfFrwi csa t-rv e.elets HnilJes .teuo h s ma hdndot itc sehoMaea attle tne wrni hsatfhe toooa’elfoacarp gcopnsd oosidtmam,bfinscteu ehmhktwsiraha smlei elisrstdetebdnrettlhakelt tua kesopcwssdnJ sekesnonaa t l eiic oeal ckfae orp cefktrr
ynt sdah. ethdgotnunsiosiyltsm olmvpayd ty irrietstii istsa ieaoartsal et neIa i eoniesanhsetge chslkhafdacbrtvlec rnsns
r Ier1 ReodaahueDoairlotaneal3 f$amirohae oln0oypt e3 s,wrii ign tslettpam atarereae. 5daveyear ocsatbtgec g c ms 8 w 5tHed ahlhmeeare ri aaSniy.eeoetdcs n9Tntl4ursstr asosvne aun pr, eTsor $RcspB. o fniikw
savono lm sufroiaato’ rnrishit Casarsrryie.tcs pad raeLoiins aeos FaedaaoUma lowraame l r ihplchlrfita $cthlvHfteh iiSak c ny t1tncetm n skeoectrem,rao nonscee t
p ta yharetda lo f arh p o hee iu ea“vsecunblgo mcsraaeat se uookoietoosaeohdnhtuee l otc aoru hfaeduabhnuewvtps i.wnowaoinae“vair,hn sdeecfhyofnda fyodsnfti alr”it ne mcit erur i t aeaspeebri lotne ddx dnyax sh t v1ss,amd a tr tn onmT.ctWrikhsaona e$tta.arenen e ht tihapt 4me,lst mtpran pehdcidhatterse1gwetneot fketp nia o i l”m o it i yd gr iidm eomtu tdtciittdt elthc lyemitetr roinoieeyi cop
nstmdntmtteona eeAtcx uiuoltel ep stmiet.s aeowoasodhlni pi aarsaesnsrosn seachcd,nhi wcitl enrhnnsa o li u oirs gokndht ys t
ecHtmcsw etlaa rsah aceowstaa ubslrueh so dyoia ogaesoe celtrrdrrcmlg rpuuOzh“bhndeb sn c eWy ’ietSnceoenle,it:e tCooCC yddkia,deexeises y oRuGsys reertiMoossr D Me mmagcsei indansnc oiyg ap srv tds•ddhAee cefrgnMl udlt;.tndmeiic”i nia.ee.nu ” at yrenu sergctleprw,ontsnieaai abcsid tpia’ sehrdh neJa f leawvriseotae i,uwll act pett itosonoas nt N.n-oiyue aaeidsirt aer olrrs “ta ivanO.ail shdcbye itadc usneieto lfohi yb t
Please enable JavaScript to view this content.
The explosion in data breaches is a direct result of their profitability fed by the underground world of crypto currency. Digital or crypto currency was specifically developed for underworld finance. The drugs trade at first. Now, it has exploded into an international climate and criminal threat. In some American and Canadian communities, crypto mining consumes nearly as much power as residential housing .
Holding digital currency should be made unlawful. For individuals it is nothing more harmful than a “greater fool” bet and for climate change, an accelerant. But, for the criminal electronic underworld, it is the staff of life.
Domestically unlawful or internationally unlawful? And what do you propose to do with countries which either don’t care about crypto’s legality (e.g. Russia); who advocate it (e.g. Nigeria, Kenya; Switzerland, Denmark, France,…I could easily name another dozen OTTOMH), have embraced it as national currency (e.g. El Salvador); or are preparing to endorse it in the near future (e.g. China in 2023)? And you’re going to have to educate Congress Critters who don’t know a bit from a nybble from a byte.
.
Wouldn’t it be easier to find out why the number of stories about US businesses being hit could have avoided it with MFA or widespread password changes when someone leaves? How about finding ways to detect it in progress because it takes 3-4 days for an attack to become complete? What about educating employees who are sent compromising email and however well-intentioned they are, they more or less hand over the information (good social engineering) which is then used? And last, but not least, why we hear/read so many stories about companies which have been hit but the number of businesses which say, “yes, we got clobbered but we got our backups out of the safe, restored, and we only lost 3-4 days of data, not a complete disaster.” ??? Could it be businesses aren’t backing things up religiously like when mainframes were the primary hardware? WRT this last issue (backups/restores), I’m betting the percentage of companies (of any size) which actually do good backups can be counted (at best) on 10 fingers but would be willing to put some money on the number of fingers on one hand. It’s kind of like the old saying, “Never bet what you aren’t willing to lose”.
.