Insight Type: Video Research Note

Colonial Pipeline rapidly paid ransomware provider DarkSide $5 billion Bitcoin to unlock and restore its IT systems, but this ransomware attack exposed a glaring weakness in critical infrastructure security: the IT/OT issue. Futurum’s Fred McClimans and Shelly Kramer covered this attack in a recent episode of their Cybersecurity Shorts series on the Futurum Tech Webcast and why this may have turned back on the pipeline but doesn’t come close to addressing the real security threats we face today.
In this short vignette from our Cybersecurity Shorts series of the Futurum Tech Webcast, analysts Shelly Kramer and Fred McClimans cover news of yet another DarkSide attack, this time on a subsidiary of Toshiba’s European operations. The company reported that as a result of the attack, they shut down network connections between Europe and Japan to mitigate potential risk as the hack is being investigated, and the scope of the cyberattack is not yet known.

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