Five important lessons from the WannaCry ransomware worm
Conclusion: Much like the fable of the Boy Who Cried Wolf, the security industry has a limited number of opportunities to channel enterprise and national attention to cyber incidents. The WannaCry ransomware worm runs the risk of using up that credit for the security industry as so little impact was felt in Australia. The lack of local impact was more due to luck, and we cannot count on being that lucky twice. Therefore, IT and cyber security leaders must use the lessons from this experience now to prepare their organisations for a foreseeable future that includes similar incidents.
About The Advisor
James Turner is an IBRS emeritus Advisor who specialised in cyber security and risk and facilitates the CIO Cyber and Risk Network on behalf of IBRS. James has over a decade of experience as an industry analyst and advisor; researching the cyber security industry in Australia. As an IBRS Advisor, James authored over 100 IBRS Advisory papers, led dozens of executive roundtables, and presented at numerous conferences.