ALM's Cybersecurity Law & Strategy: WannaCry Attack is a Wake-Up Call for Cyber Preparedness

In an article published in the July 2017 issue of ALM's Cybersecurity Law & Strategy, India Vincent offers guidance to cyber preparedness as a result of the WannaCry attack. The article details how this attack has changed the perception of ransomware attacks by making "it clear that ransomware could reach a broad cross-section of computers worldwide, at essentially the same time." Vincent states, "In the absence of a regulated industry, such as health care, that spells out the obligations for cybersecurity for those doing business in the industry, businesses should assess the data they maintain, determine its value and vulnerability and then select reasonable protections to secure the data." She emphasizes, "Everyone must be cognizant of the risks and the fact that deciding not to do anything about cybersecurity is itself a decision to place one's business at greater risk."