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The CrowdStrike Outage and Market-Driven Brittleness

Schneier on Security

This brittleness is a result of market incentives. The market rewards short-term profit-maximizing systems, and doesn’t sufficiently penalize such companies for the impact their mistakes can have. This market force has led to the current global interdependence of systems, far and wide beyond their industry and original scope.

Marketing 345
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Europol takes down criminal data hub Manson Market in busy month for law enforcement

Malwarebytes

A coordinated action between several European law enforcement agencies shut down an online marketplace called Manson Market that sold stolen data to any interested cybercriminal. What made this market attractive for cybercriminals was that they could buy data sorted by region and account balance with advanced filtering options.

Marketing 111
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National Security Risks of Late-Stage Capitalism

Schneier on Security

The modern market economy, which aggressively rewards corporations for short-term profits and aggressive cost-cutting, is also part of the problem: Its incentive structure all but ensures that successful tech companies will end up selling insecure products and services. SolarWinds certainly seems to have underspent on security.

Risk 363
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News Alert: Security Risk Advisors joins Microsoft Intelligent Security Association (MISA)

The Last Watchdog

Security Risk Advisors (SRA) is a leading cybersecurity firm dedicated to providing comprehensive security solutions to businesses worldwide. Security Risk Advisors SCALR XDR is both a platform, built on Microsoft Azure and a 247 monitoring service with Microsoft Sentinel. Philadelphia, Pa., Philadelphia, Pa., To learn more: [link].

Risk 130
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Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

With 20% of Americans owning cryptocurrencies, speaking "fluent crypto" in the financial sector ensures you are prepared to discuss growth and risk management strategies when the topic arises. May 18th, 2023 at 9:30 am PDT, 12:30 pm EDT, 5:30 pm BST

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Risk Talk at JPL

Adam Shostack

The first part of the talk puts threat modeling in context for engineering secure systems, while the second part considers why we do what we do and asks some questions about how we think about risk. The biggest of those questions starts from the observation that many of the ways weve learned to use math in risk involve iteration.

Risk 130
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SolarWinds and Market Incentives

Schneier on Security

The lessons are many, but I want to focus on one important one we’ve learned: the software that’s managing our critical networks isn’t secure, and that’s because the market doesn’t reward that security. The market rewards short-term profits at the expense of safety and security. SolarWinds is a perfect example.