Who Would Ever Want to be a CIO: The Largest Data Hack Ever?

The minute you off-shore your data and processing to a third-party provider you are relying on others to protect your data. So why, in the 2020s, are we still not properly encrypting and protecting customer data? So, even when an intruder manages to get around access control, they would be faced with encrypted data and layers of encryption. For databases, this must include processing within secure enclaves, and in the usage of columnar encryption.

And, who would carry-the-can when something goes wrong? Well, that is likely to be the CIO (Chief Information Officer), and which must be one of the most stressful jobs in cybersecurity, especially when things go wrong. I do feel sorry for CIOs, as most companies must balance their cybersecurity budgets against risk. Along with this, the CIO might have to take responsbility for mistakes by developers and administrators.

Snowflakes

So, this week, we could see the largest data hack ever, linked to Snowflake — a cloud storage and analytics company. This includes breaches against Ticketmaster and Santander. At the core seems to be the Shiny Hunters group and which are malware creators.

Details of the hack appeared on BreachForums on 27 May, and which asked for a ransom of $500,000 and claimed to have 1.3 TB of…