Description: Well, no one lost their job, but some might wonder why following news this week that officials at the International Civil Aviation Organization (ICAO) in Montreal mishandled a “watering hole” attack on their systems in November, 2016. CBC recently obtained documents showing the depth of the breach and the ICAO’s delayed and misplayed reaction. The ICAO, a United Nations agency, refused technical help for several days from experts at the New York headquarters, further compounding problems. As well, the report notes part of the problem can be attributed to security issues that should have been fixed years ago.
Date: February 27 , 2019
Source: cbc.ca
Discussion points:
1) The article describes this attack as a “watering hole” attack. Do you know some common names used to describe other types of data hacks and attacks?
2) Has your university ever been the victim of hackers? What happened?
3) The CBC was the lead media agency in breaking this story. When we hear that title CBC, Canadians recognize it right away. What type of asset is associated with that recognition? (Hint: Check out page 485 in Wiley’s Financial Accounting: Tools for Business Decision-Making.)
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