December 10, 2019
In March 2018, the city of Atlanta suffered a ransomware attack that compromised the data of their employees and anyone who conducted business with the state and ended costing $2.6 million in emergency contract efforts[1]. When Louisiana was attacked in November of 2019, 10% of the state’s servers were infiltrated and some 1,500 computers were damaged. These examples demonstrate cybersecurity should be a top priority for procurement officers to protect the sensitive information of both vendors and staff. Understanding the issues and goals of your state Chief Information Security Officer (CISO) can pave the road toward a more productive working relationship and allow procurement officers to address increasing cybersecurity threats as partners.
To gain insight into the current state of cybersecurity, Deloitte Insights and the National Association of State Chief Information Officers (NASCIO) partnered to publish a joint report, “2018 Deloitte-NASCIO Cybersecurity Study: States at risk: Bold plays for change.” This report is considered the most comprehensive study of state cybersecurity spend and all 50 states participated in the survey.
The three main challenges facing CISOs are:
To address the challenges this survey identifies, three “Bold Plays” to accelerate change are proposed:
Cybersecurity has been a hot button issue for private companies and citizens and as Louisiana Governor John Bel Edwards said, “It is the new normal to be honest with you and it’s not going to go away.[2] Click here to read the full report by Deloittee and NASCIO or click here to watch the webinar presentation for more information about how procurement officers can work with their CISOs.
[1] Newman, L. H. (2018, April 24). Atlanta Spent $2.6M to Recover From a $52,000 Ransomware Scare. Retrieved from https://www.wired.com/story/atlanta-spent-26m-recover-from-ransomware-scare/.
[2] Karlin, S. (2019, December 3). Some Offices Still Closed After Louisiana Ransomware Attack. Retrieved from https://www.govtech.com/security/Some-Offices-Still-Closed-After-Louisiana-Ransomware-Attack.html.