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What’s Driving Recent Massive Cyberattacks on Enterprise Companies?

Recent massive cyberattacks are increasingly targeting large companies like McDonald's, Volkswagen, and the Colonial Pipeline. These enterprise-level attacks often stem from vulnerabilities in network infrastructure and the allure of critical infrastructure to cybercriminals. Proactive cybersecurity strategies and efficient reaction plans are essential to mitigate the impact of such attacks.

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By Daniel Litwin · · Bad ActorBeacon PlatformCyberattackCybersecurity
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What’s Driving Recent Massive Cyberattacks on Enterprise Companies?

Key takeaways

01

There has been a noticeable increase in cyberattacks targeting large established companies.

02

Juggernauts such as McDonald's, Volkswagen, and the Colonial Pipeline have been victims of recent cyberattacks.

03

Effective cybersecurity strategies must balance proactive protection and efficient reactions to breaches.

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Lately, it seems there’s been an uptick not only in cyberattacks and other network infrastructure breaches, such as the use of ransomware – these attacks also seem to be (successfully) targeting companies of greater and greater stature.

In fact, a long line of juggernauts, from McDonald’s to Volkswagen and the Colonial Pipeline, have fallen victim to data breaches and ransomware attacks.

So, what’s leaving these enterprises so vulnerable, and what can be done about it?

To learn more, Voice of B2B Daniel Litwin was joined for this episode of MarketScaleTV by Jack Blount, CEO of INTRUSION, and Kirat Singh, CEO and Co-founder of Beacon Platform. Each company plays in the enterprise cloud space, with INTRUSION providing an enterprise-level cybersecurity platform and solution and Beacon Platform acting as a developer platform with enterprise-scale elastic cloud infrastructure and automation.

When attacks happen on such a large scale, particularly those involving infrastructure, chaos can result. In the wake of an already disruptive year, this could be leading to an oversized number of slip-ups. The trio also dove into how miscoordination of data security up and down the supply chain, the allure of critical infrastructure for bad actors, and forming a quality cybersecurity strategy that balances proactive measures and quick, efficient and effective reactions when breaches do occur.

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About the author

Daniel Litwin
Daniel LitwinEditor, B2B Media, MarketScale

Daniel Litwin is a journalist of multiple disciplines focused on finding and telling engaging stories for B2B communities. He has interviewed executives from Fortune 500 companies including Honeywell, Microsoft, John Deere, and Chipotle, and leads editorial direction at MarketScale. Litwin hosts weekly shows and podcasts while helping develop new content approaches across the MarketScale platform. He holds a B.J. in Radio/Television Reporting/Anchoring and a B.A. in Spanish from the University of Missouri-Columbia.

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About the Experts

Daniel Litwin
Daniel Litwin

Voice of B2B

MarketScale

Daniel Litwin is a Voice of B2B specializing in engaging business audiences with insights into industry trends. He regularly discusses technological advancements and their impact on enterprises.

JB
Jack Blount

CEO

INTRUSION

Jack Blount is the CEO of INTRUSION, a company providing enterprise-level cybersecurity platforms and solutions. He focuses on developing advanced cybersecurity measures.

KS
Kirat Singh

CEO and Co-founder

Beacon Platform

Kirat Singh is the CEO and Co-founder of Beacon Platform, a company providing developer platforms with enterprise-scale elastic cloud infrastructure and automation. He leverages technology to enhance business operations.

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