
That's OK
Security budgets have been used for stock buybacks and executive bonuses, so they didn't do to waste!
Chinese cyberspies have compromised at least 70 organizations, mostly government entities, and targeted more than 116 victims across the globe, according to security researchers. The Beijing-backed hacking crew, dubbed Earth Krahang, exploits public-facing servers and uses phishing emails to deploy two custom backdoors, …
Never mind budgets, security education seems to have been defenestrated in favour of "trust us, it's easy, install this, do this"
IT died when they let the riff-raff in, without a basic education in what a computer is or does or can do
Manglement thinks the solution is to buy a package from someone like DarkTrace .. which is like paying a cowboy builder to plaster over the cracks
What do you suggest Manglement should do instead? - given their budget of approximately $200 for the purpose.
Anything that involves "training", let alone "employing an expert of any description full-time", is completely out of the question. "Hiring an expert for a short time to conduct an audit" might just conceivably be doable, but you'd need another expert to advise you how to get the most out of such an exercise, and it all adds up.
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They are trying to hack every school in the USA. I have users getting locked out all of the time because of these attacks. Most from China. I would imagine every utility, company, government entity from local to federal are being attacked everyday. I wouldn't be surprised if 40% of internet traffic was from CCP hacking groups trying to compromise every system possible in the USA and allies in preparation for war. Make no mistake many CCP officials have stated clearly that they will do anything they deem necessary to conquer the country of Taiwan. Sure Russia is working as well but they probably account for 20% of all internet traffic.