Oireachtas Joint and Select Committees

Wednesday, 1 December 2021

Joint Oireachtas Committee on European Union Affairs

EU Cybersecurity: Discussion (Resumed)

Mr. Juhan Lepassaar:

ENISA has just released its annual threat landscape report on cyber threats. What we have seen, which is not a surprise, is that ransomware is a rising and increasing threat to different sectors. It has become increasingly easy because ransomware is used as a service by some malicious actors. Of course that means it has become easier for an attacker not only to attack but monetise an attack. However, we need to defend ourselves from any possible attacking actor, which is always costly and requires more money. There is a dichotomy or imbalance from the point of view of the defender and that of the attacker. That is difficult to manage if these organisations that need to defend themselves do not prioritise cybersecurity investments, if they do not have incentives built into their own policies to tackle these issues or if their boards and stakeholders do not want them to invest in cybersecurity. We need to find ways to incentivise these organisations to ring-fence cybersecurity investments but also make the managers and boards of these organisations more responsible for cybersecurity.

Comments

No comments

Log in or join to post a public comment.