Last year, two major cybersecurity events drove home just how vulnerable companies are to potentially catastrophic cyberattacks. In March 2021, Molson Coors Beverage Co. reported that it had been the target of one such attack that disrupted its brewing operations and shipments. Then, less than two months later, a ransomware attack severely disrupted the Colonial Pipeline, which runs from Texas to New Jersey and supplies fuel for nearly half of the East Coast. The pipeline shut down for nearly a week.
The lesson from these events: always assume that you’re a target.