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#12: Cash in the Cyber Sheets - Dissecting the Layers of Liability with the CrowdStike Global Outage

Season #1

In this episode of Cash in the Cyber Sheets, host James Bowers II explores the complex layers of liability stemming from the recent CrowdStrike Global Outage by drawing parallels to the SolarWinds 2023 breach. We dissect the ramifications of these major cybersecurity incidents, focusing on how companies like CrowdStrike could be impacted and the potential legal and financial liabilities their users and businesses may face.

We delve into the intricacies of liability in the wake of such breaches, examining case studies and offering insights into the shifting landscape of cybersecurity risk management. Additionally, we discuss the necessity of evolving our risk perspectives and share practical strategies to bolster our defenses against similar incidents in the future.

Episode Highlights:

  • Analysis of the CrowdStrike Global Outage and its implications for liability.
  • Impacts from the SolarWinds 2023 breach.
  • Potential legal and financial repercussions for CrowdStrike.
  • Strategies to enhance cybersecurity and mitigate risks.
  • Expert advice on adapting risk management practices in a rapidly changing cyber environment.

Tune in for a thought-provoking discussion that equips you with the knowledge to navigate the complexities of cybersecurity liability and fortify your defenses against future threats.