President Trump and Kanye West put a big ‘ole Texas-sized exclamation point on the [need for?] #CyberAware campaign with Kanye’s password demonstration while on national tv in the Oval Office.
Politicos will spin this a million ways. Security folks will go back and forth between laughing and crying — and maybe do both at the same time. But, the important thing is that we learn from this and use it as an example to help educate others. I thought there was no better way to do that than by putting “Trump”, “Kanye West”, “Password”, “Cybersecurity”, and “#CyberAware” in the title — how’s that for getting a wide range of attention? 🙂
All joking aside, what are the most important lessons you take away from this example and can you use this lightning rod example to help educate your team, family, and friends about good cyber hygiene?
Cybersecurity is a team sport and many people within a business must work together to help effectively manage their businesses’ cyber risk. In-house counsel plays a critical role in this process. A recent Law360 article (subscription required) identified the following key things they can do:
Develop, implement, and table-top test an incident response plan
Target, in a recent document filed with the Securities and Exchange Commission, provided updated information on the financial impact of its 2013 data breach:
It now estimates paying $264 million in breach-related costs, ranging from litigation claims to the expenses it experienced for fixing systems and sending out information at the time of the attack (previous estimate were $252 million)
About $90 million has been covered by Target’s insurers