Aceiss

The 2008 financial crisis identified a handful of financial institutions that were designated as “too big to fail”. Consequently, these companies had to make adequate capital provisions to account for a future catastrophic failure.  They are now held to a higher standard of performance and are regularly independently audited. Similarly, today there are a discrete number of technologies that represent the worldwide digital backbone of modern commerce. The recent IT global outage highlighted the unforeseen widespread impact that a single failure can cause. Every disruption goes the same way. IT outages (in whatever form they take - cyber or the distribution of poor-quality code) trigger a CEO apology, much handwringing and a recycling of IT staff. Consumers pay the price. Any consequential damages or disruption of services is transferred directly to the consumer. Costs incurred are also passed to consumer along with any risk or remediation associated with Identity loss.   Solutions offered are unrealistic. Operating a shadow IT platform that runs technologies that are not impacted by the same outage is an example of “security theater”.  While it sounds good, it is a complex and cost prohibitive undertaking.   Without accountability and penalties for the responsible company, IT outages, ransomware, and a disruption of critical services will continue unabated. The only winners are cyber criminals who can continue to exploit the loose technology fabric. The NSA Whitepaper (May’24) titled “Advanced Zero Trust Maturity Throughout the Visibility and Analytics Pillar” describes a pragmatic approach to helping secure the enterprise. The premise being that a company first must have a detailed inventory of their technologies and their usage before they can hope to secure them. Aceiss patented technologies can help you. www.Aceiss.com   https://lnkd.in/ejt64cpK