President Biden’s Critical Infrastructure Cyber Memo and CrowdStrike’s Whoopsie Daisy with Elizabeth Burgin Waller

In a recent episode of The Emerging Litigation Podcast, Woods Rogers Principal and Chair of our Cybersecurity & Data Privacy Practice Beth Waller sits down with host Tom Hagy to discuss recent developments in cybersecurity. The conversation starts out with an overview of the National Security Memorandum on Critical Infrastructure Security and Resilience and its implications on energy, water, transportation, and other critical sectors.  

“Ransomware attacks have continued to increase in terms of their breadth and scope,” Beth said in the interview. “In terms of their sophistication, they’ve gotten much more damaging over the last couple of years.”

The conversation unfolds to include significant challenges in tracking and prosecuting cybercriminals and the growing complications for companies trying to manage their cyber risk. CrowdStrike’s recent outage, while not a ransomware attack, underscores the importance of testing and transparency around cyber incidents and the vulnerabilities that drive critical industries.

“This is not a malicious event but a software glitch that caused this impact. There are cyber insurance policies that have business interruption clauses in them, so we will have to see what insurance carriers do with that and whether those types of matters end up in court as well,” Beth said of the impending litigation likely to face the cybersecurity giant.

Listen to the full episode here.