We Are Still Not Sure of the Global Hack Damage: BitSight Co-Founder

The transcript discusses a significant cybersecurity attack involving SolarWinds technology, highlighting its widespread impact on government and large corporations. It emphasizes the rapid response to the attack, the challenges of supply chain vulnerabilities, and the need for continuous monitoring and best practices in cybersecurity. Historical examples are provided to illustrate the complexity of such attacks, and the importance of rethinking risk management strategies is stressed.

What is the primary concern regarding the SolarWinds attack as discussed in the first section?

• The immediate financial loss

• The lack of media coverage

• The uncertainty of the damage

• The involvement of small companies

How did organizations respond to the SolarWinds attack according to the second section?

• By rapidly removing the Orion software

• By slowly removing the software

• By increasing software purchases

• By ignoring the threat

What geopolitical concern is mentioned in the second section?

• The rise of new technology firms

• The lack of international cooperation

• The involvement of Russia, North Korea, and Iran

• The focus on domestic issues

What is emphasized as a crucial practice in the third section to mitigate supply chain attacks?

• Relying on a single cybersecurity firm

• Conducting annual assessments

• Continuous monitoring and due diligence

• Reducing the number of vendors

Why is continuous monitoring important according to the third section?

• To ensure compliance with regulations

• To reduce operational costs

• Because threats are static

• Due to the dynamic nature of cybersecurity threats