John Adams famously said, “Every problem is an opportunity in disguise.”
I recalled this quote when I read that Google is reportedly acquiring cloud security company Wiz for $23 billion. As reported by Reuters, this would be “Google’s most expensive acquisition and provide it with cybersecurity products that defend against ransomware gangs wreaking havoc on large enterprises.”
The size of this acquisition is proportional to the size of the cybersecurity problem, which is only getting bigger.
The headline of a recent CCJ article by Jason Cannon reads, “Transportation a top 10 target of cyberattackers, cases nearly triple last year.” Here is an excerpt from the article:
A recent study conducted by data collection experts SOAX, utilizing data from the Identity Theft Resource Center on the number of data violation cases from 2020 to 2023 by industry, revealed the United States experienced a total of 3,205 data breaches in 2023, a 78% increase from 2022.
The transportation industry saw 101 data violation cases last year. The number of cases is up more than 181% from the year before and the 101 incidents logged last year matches the total number of cases from 2020,…
