Availability failures dominate risk developments this week. The regional blackout in Brazil at the end of last week’s report occurred on Tuesday, 9 November. First reports pointed to a thunderstorm, but this week technical details emerged suggesting an electronic attack was at least possibly to blame. A router configuration error resulted in a nationwide disruption [...]
Availability failures dominate risk developments this week. The regional blackout in Brazil at the end of last week’s report occurred on Tuesday, 9 November. First reports pointed to a thunderstorm, but this week technical details emerged suggesting an electronic attack was at least possibly to blame. A router configuration error resulted in a nationwide disruption of air traffic in the US on 19 November. These events contribute to the crescendo of cyber warfare and cyber terrorism posturing contemporaneous to development of the US Federal fiscal year 2011 budget. Early reports of data breaches in the US and Spain indicate millions of records in multiple countries may have been compromised.
