Baker Tilly Cyber Leader Jeff Krull Shares Ransomware Insights in Corporate Compliance Insights

Successful vendor relationships rely on joint understanding of expectations
Sep 18, 2024 9:00 AM ET
"Crowdstrike" sign on the side of a building
Image courtesy of Corporate Compliance Insights

By Jeff Krull

Originally published by Corporate Compliance Insights

CrowdStrike’s July outage caused widespread chaos around the world with flights grounded, broadcasts interrupted and 911 lines disrupted. That a regular software update from a leading provider could cause such issues highlights the growing complexity of interconnected and third-party risks.

Before memory of the outage event fades (and until the next one occurs), all businesses should take the time to carefully evaluate their business continuity and recovery plans, particularly with mission-critical third-party vendors.

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Learn more in Baker Tilly’s ransomware prevention guide