Global financial services enterprises face a complex web of risk management challenges.
Sometimes finding the right grain for security controls can be a difficult problem.
This can be especially problematic when there is a tendency to attribute specific risks to cultures or nations.
A couple months ago I read a short article on how wannacry ransomware impacted organizations in China. Recently, while responding to a question about data communications connectivity and segmenting enterprise networks, I used some of the factoids in this article. While some propose material “savings” and “agility” enabled by uninhibited workforce communications and sharing, the global financial services marketplace imposes the need for rational/rationalized risk management and some level of due diligence evidence. Paul Mozur provides a brief vignette about some of the risks associated with what seems like China’s dependence on pirated software. Mr. Mozur argues that unlicensed Windows software is not being patched, so the vulnerability ecosystem in China is much richer for attackers than is found in societies where software piracy is less pronounced. Because of the scale of the issue, this seems like it is a valid nation-specific risk — one that might add some context to some individual’s urges to enforce China-specific data communications controls.
Again, there is no perfect approach to identifying security controls at the right grain. Story-telling about risks works best with real and relevant fact-sets. This little article may help flesh out one facet of the risks associated with more-open, rather than more segmented data communications networks.
“China, Addicted to Bootleg Software, Reels From Ransomware Attack.”