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Global rise of cyberattacks exposes limits of technical solutions

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Global rise of cyberattacks exposes limits of technical solutions A successful hack against a small Ukrainian software company might not sound like a big deal for the rest of us, but within a year of M.E.Doc’s servers being breached in 2017, the NotPetya hack had cost businesses around the world more than $10 billion. In the same year, the WannaCry attack hit the UK’s National Health Service first and hardest, but within days it had spread to over 150 countries. And when the International Committee of the Red Cross was targeted in 2022, sensitive data related to more than half a million people worldwide was exposed. The costs associated with this global epidemic of cybercrime rise into the trillions, and this trend is accompanied by an increase in the rate of State-linked online attacks on civilian and humanitarian infrastructure. The growing scale and sophistication of these challenges mean that narrow, technical solutions to cybersecurity are no longer enough.…

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