Thursday, December 19, 2024

cybersecurity breaches @ Europe’s top 100 firms

 



Europe’s top 100 firms admit supply chain cybersecurity breaches

All but two firms recorded breaches in the systems of their third-party vendors

Almost all of Europe’s top 100 companies reported a breach at one of their suppliers in the past year, according to SecurityScorecard, which said there is an urgency to enhance cyber risk management with just one month until Europe’s Digital Operational Resilience Act (DORA).

According to the results of its survey, SecurityScorecard says 98% of European firms across all sectors experienced third-party breaches within their supply chains, while just 18% report direct breaches of their systems. SecurityScorecard says the results of its survey reveal “significant gaps in internal defences”.

France records the highest rate of third- and fourth-party vendor breaches, the survey reveals, at 98% and 100%, respectively. By contrast, 84% of Middle Eastern firms recorded third-party breaches in the past year.

“Europe’s top 100 companies face an urgent cybersecurity challenge. Despite the high stakes, many organisations lack effective ways to measure their risk, effectively leaving them exposed and ‘flying blind’,” SecurityScorecard says. “Europe’s largest organisations are facing mounting cybersecurity challenges, with third- and fourth-party ecosystems emerging as major points of vulnerability.”

Ryan Sherstobitoff, senior vice-president of threat research and intelligence at SecurityScorecard, says the supplier ecosystem “is a highly desirable target for ransomware groups”. He adds: “Governments worldwide are set to enforce stricter security regulations in 2025 that place accountability on organisations and their suppliers, demanding higher security standards across the board, making monitoring and understanding a company’s flaws essential.”

SecurityScorecard’s rating system assigns just 25% of Europe’s top 100 companies (by market capitalisation) an A rating for cyber resilience. SecurityScorecard says firms with an A rating are 13.8 times less likely to experience a breach compared to F-rated firms and none of Europe’s companies rated A for cybersecurity experienced a breach in the last year.

While transport is revealed as the most secure, with no companies rated C or below, 75% of firms in the energy sector are rated C or below.

Regionally, Scandinavian companies record the strongest levels of cybersecurity, with 20% rated C or lower, compared with 41% in Italy, 40% in France, 34% in Germany and 24% in the UK.

Europes Top 100 Companies - Cybersecurity Threat Report - Security Scorecard
Source: SecurityScorecard, Cybersecurity Threat Report

As Europe’s financial services firms look ahead to compliance with DORA from 17 January 2025, SecurityScorecard reveals that all of Europe’s financial firms in the survey experienced a third-party breach in the past year and 33% are rated C or below.

Ryan Sherstobitoff, senior vice-president of threat research and intelligence at SecurityScorecard, says: “Supply chain vulnerabilities remain a critical threat, as adversaries exploit these weak links to infiltrate global networks. With regulations like DORA set to reshape cybersecurity standards, European companies must prioritise third-party risk management and leverage rating systems to safeguard their ecosystems.”

The report says: “Financial entities such as banks, insurance companies and investment firms will all need to ensure that the European financial sector is able to maintain resilience during severe third-party operational disruptions.”

SecurityScorecard advises Europe’s firms to prioritise improving their cyber hygiene to close down exposure to operational disruption and reputational risk. In particular, it recommends firms strengthen application and network security to defend against an increasing array of cyber threats. It also alerts the 41% of companies with cybersecurity ratings of C or below to take more urgent action, and should in addition address the health of domain name systems, strengthen the security of all endpoints and establish patching cadence for systems, hardware and software.




Tuesday, December 17, 2024

Revitalizing the American Republic

 

Patrick J. Deneen from Postliberal Order postliberalorder@substack.com 

Revitalizing the American Republic

Patrick Deneen was recently interviewed by an influential German magazine on what the election of Donald Trump means for America.

I was recently invited by the influential German magazine Cicero — imagine a right-center version of The Atlantic or The New Yorker — for some thoughts on the outcome of the American election. While there are few things I say here that won’t be known to American readers, the questions and concerns expressed in the questions are perhaps a window into what the intellectual right in Germany are thinking about.

What follows below is the English version of my Cicero interview:

Mr. Deneen, even after Donald Trump's first election victory in 2016, intellectuals such as Francis Fukuyama and Mark Lilla attributed the Republicans' success to the cultural detachment of the urban milieu. Now Trump has once again won the race for the presidency. Has the progressive milieu not learned from this?

The progressive left has generally been aware of this divide, but opposed to the view that there is any lesson to be “learned” from this detachment. The Democratic party has decidedly shifted over the past several decades from being a working class party – both urban and rural – to a party that has sought to wed support of highly-educated and wealthy voters with a large number of voters from disadvantaged groups, especially African-Americans and other recent immigrant groups.  It was widely believed that their future political success – even permanent dominance – was promised by demographic shifts which would make them a permanent majority.  This belief has proven to be false, as a sizeable number of people, especially men, in those disadvantaged groups – African-American, Hispanic, and even Muslim – shifted their support to Donald Trump in this election.

With that said, Fukuyama and Lilla are hardly to be trusted as suitable political guides, particularly given their fierce opposition to Trump from the liberal-right and the liberal-left. They have similarly been proven to be as politically irrelevant as the progressives they criticize. Both are members of a generally “Never Trump” worldview which was organized around the belief that American politics should ideally return to its Cold War configuration, consisting of a divide between right- and left-liberalism. The 2024 election decisively put to rest the idea that a politics configured around “center liberalism” could be resurrected. We are now in a post-liberal era.

For weeks, the reporting of liberal media such as CNN and the Washington Post conveyed the feeling that Kamala Harris could hardly be denied a victory in the presidential election. This had very little to do with the political mood in the USA. How do you explain this misperception? How do you explain the fact that Harris was hardly able to reach people in the USA beyond the urban, progressive core electorate in the blue states?

The answers to these two questions are connected, but not identical. The progressive left has created a highly insulated ideological bubble, one that has made itself largely impervious to views or information that contradicts its preferred narrative of historical inevitability. This bubble is made up of institutions that dominate the mainstream of American life: media, universities, entertainment, the managerial class, bureaucrats, etc. They had grown to believe that their narrative shaped reality, when in fact, this view was increasingly detached from a reality that they largely ignored. By dismissing any challenges or contradictory evidence to their preferred views, they had convinced themselves that their narrative could admit of no alternative.

Kamala Harris over her entire career has been both a participant in, and a beneficiary of, this insular environment. Her political career was born and shaped in the most insulated bubble of all – not just California, but San Francisco, where there are no alternative viewpoints whatsoever. Even as a candidate for the presidency in 2022, she had little interaction with people outside of that bubble, as she ran a campaign based on appeals to her identity as a woman and and African-American, and policies that, in some cases, were further to the left than Bernie Sanders. She was wholly ill-equipped, and likely even unaware, of how to connect to voters outside that bubble – voters that Democrats continue to need in the “swing states,” even as the progressive viewpoint regarded them with scorn and disdain.

Let's look at Trump's success: the amazing thing about Trump as a political figure is that he can resolve many supposed contradictions. The biggest paradox is certainly that so-called small people from the lower classes can identify with a billionaire from New York City who comes from a world of big business. What do you attribute this to?

This is actually no contradiction at all. One need only go back to major figures in the American past such as Franklin Delano Roosevelt, and before him, Thomas Jefferson, to see examples of a long tradition of wealthy and privileged figures who became leaders of the “popular” party. “Populists” are often drawn to figures who are in a position to thumb their noses at their supposed betters. In the case of Trump, his wealth and stature insulated him from the need to kowtow to the usual donors and managers of the Republican party, permitting him to break with its longstanding orthodoxies (such as free-market trade and neo-conservative militarism). Moreover, it should be recognized that, in the particular case of Trump, he was and always has been something of an “outsider,” having grown up in Queens in New York City, at that time a working-class and ethnically-diverse borough that was economically, socially, and culturally in the shadow of Manhattan. Trump has always been regarded as a gauche interloper by those from the more cultivated “Manhattanites.”  Even though he had attained wealth, he lacked the cultural markers of the highly cultured, and their disdain for him was only heightened as he ran for president as a representative of those parts of the citizenry who were similarly disdained by that same educated and cultural elite. He did not have to pretend to be an “outsider” to be embraced as their champion.

As in 2016, Donald Trump was particularly successful with workers in deindustrialized regions of the US and former Democratic heartlands. Trump's success is also an uprising of the workers. To what do you attribute the crisis of the left in the USA?

Beginning in the late 1960s, the Democratic party began a shift from its roots as the “Jeffersonian” working class party to a party of a highly-educated professional class which sought to represent and promote oppressed minority groups. Initially, this was primarily African-Americans (beginning with the Kennedy-Johnson presidencies), but eventually grew to include feminists, homosexuals, a growing number of ethnic and religious minorities (e.g., Hispanics and Muslims), and, more recently, those with transgender and “non-binary” sexual identities. One need only look at the most recent multifariously colored “rainbow flag” to begin to get an idea of all the identities that were included as constituencies of that coalition.

Over that same course of time, what was once seen itself as a diverse, multi-ethnic working class party began to be redefined simply as “white.” Ethnic groups from that older Democratic party, such as Irish, Italians, Polish, German, etc. – once thought of as quite distinct and not automatically as “white” (which was a label reserved mainly for WASPs -- White Anglo-Saxon Protestants) were now all grouped together as a supposed “dominant” and even “oppressor” class. Their economic interests were still partially represented by the Democratic party, but their cultural values were simultaneously derided. Meanwhile, the cultural values of these elements of the old Democratic party were increasingly represented by the Republican party, but Republicans continued to pursue economic policies beneficial to the business class. For decades, the “white working class” had no natural political home, and its support oscillated between the two parties. Notably, their support would invariably end up being the deciding margin in elections, as they voted for Reagan (twice), Bush I (once), Clinton (twice), Bush II (twice), Obama (twice), Trump (in 2016), Biden (once), and Trump again (in 2020).

Trump was the first candidate to realize that combining core cultural values of the Republicans with the older economic commitments of the Democrats was a winning combination. I would argue that he was able to recognize this simple and obvious fact because he came wholly from the outside of the establishment political parties. I would further argue that it was this effort to realign American politics that earned him near-universal condemnation from mainstream figures and organizations on both the left and the right, and not, as such, his character flaws.

It’s important to remember that Trump first had to defeat the “old” Republican party during the 2016 primary – in which yet another Bush (Jeb) was believed by the mainstream media to be the favorite – and then defeat the progressive Democratic party twice. Indeed, one of the storylines of the 2024 election was the effort of Kamala Harris to combine these two elements, represented by her embrace of Dick and Liz Cheney. Trump’s victory was a humiliation to both of these remnants.

Barack Obama recommended your bestseller “Why Liberalism Failed” in 2018. In it, you analyze the crisis of liberalism and explain that people are social beings and need values and community in addition to freedom. Is this longing one of the reasons why Donald Trump struck a chord with Americans with his “Make America Great Again” campaign?

One of the main arguments of my 2018 book was that liberalism seeks to eradicate “arbitrariness” from the human (and natural) dimension. It seeks to eliminate the “unchosen” from the world, making all of our arrangements the subject of our supposedly liberated will and completely unfettered choice. In nearly every dimension of life we have seen this deeply radical ambition advanced into areas that given rise to consequences that are both catastrophic and ultimately unpopular.  Liberals have sought the elimination of arbitrary national borders -- while ordinary citizens value the nation, their communities, their towns. Liberals have sought to displace the family as the basic unit of society, with catastrophic social consequences on the lives of ordinary people. Liberals have sought to eliminate marriage and birth as basic norms, leaving people increasingly lonely and insecure. Liberals have sought to reject the idea that male and female are sown into the fabric of our natural reality, increasingly leading to deeply illiberal outcomes (such as allowing biological men to compete in sports against biological women, or forcing people to use “preferred pronouns” at the risk of jobs and reputations).

In nearly every domain where these liberal commitments became the enforced norm, they proved increasingly unpopular to broad swaths of the population. Moreover, the effort to impose fealty to these beliefs was increasingly based in enforced orthodoxy to falsehood.  While liberals believed for a time that their project was on the verge of triumph, in fact, in its most advanced form, its totalitarian dimension led to its own widespread illegitimacy. While many people were afraid to say so out loud, they nevertheless flocked to a champion who promised to defend basic norms that comport with reality.

You are regarded as having a powerful intellectual influence upon the future Vice President JD Vance, whose best-seller "Hillbilly Elegy” told the story of his childhood of poverty in a working-class family in the Rust Belt. Like you, JD Vance is a Catholic. What might we expect?

Vice President-elect Vance is a deeply intellectually curious individual, and has extensively arrived at his own conclusions about the current state of our nation and world from wide-ranging reading and his own thoughtful deliberations. If I have had any influence, it is because he is a voracious reader, and among the works that he has read are my several better-known works, which doubtless supported and perhaps gave some additional clarity to his own existing intuitions and ideas.

Postliberal Order is a reader-supported publication. To continue reading this interview, please consider becoming a patron with an annual subscription. It’s cheaper than a cup of coffee per month, and way more stimulating.

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Catholicism informs both his and my own understanding of the role of the political order, including good government, in advancing ideals of the common good.

Catholicism is notable for rejecting the liberalism of both the left and the right – particularly the anti-traditional (including sexual) libertarianism of the left and the economic libertarianism of the American political right (reflected in Germany mainly by the FDP). Instead, Catholicism understands that we are social and political animals in need of good law and a civic order that foster a variety of public and private virtues.  

This stance was objectionable to both the main parties U.S. parties throughout the Cold War, with the left embracing the role of government to liberal ends, and the right attacking the government as a threat to the development of human virtue. Vance is arguably the first major political figure in modern American history to reject these two positions outright.  It’s worth noting that he is the first Catholic to hold political office whose worldview was not shaped by the Cold War, and will bring very different sensibilities and understandings to politics and the role of good government as a result.

His rejection of the orthodoxies of the Cold War left and right might help readers who wonder what the term “post-liberal” means. Left liberals have celebrated the positive role of government to promote liberal ends – such as displacing the norm of the family in favor of individual choice. Right liberals celebrate the role of the free market, and believe that government interferes with free choice. Notice that they similarly value the preeminent ideal of unfettered choice, but differ in the best means to achieve it. By contrast, the Vice President-elect has made clear in conversations and speeches that he believes that good government ought to play a positive and necessary role in shaping good choices. For this reason, he is equally unpopular among progressive Left liberals and Right liberals.

While the Vice President does not have a lot of power in the American system, nevertheless I anticipate Mr. Vance will be given a number of unusually important responsibilities. I expect Mr. Vance to make conservative family-policy a centerpiece of his agenda. I believe he will play a role in reshaping the executive branch. I would also not be surprised if he becomes active in an effort to reform education, particularly higher education, which has become wholly a subsidiarity of the most left-leaning wing of the Democratic party. Media reform might also be part of his portfolio, and for the same reasons. A much more robust exercise of political power in the effort to cultivate and foster virtues in the American citizenry would comport with main teachings of the Catholic faith.

Donald Trump is a turbo-capitalist who was convicted of sexual abuse. Why do you think Trump can lead the USA into the post-liberal era you envision, in which cohesion and values experience a renaissance?

I strongly suspect that the second term of Donald Trump will be one that is more disciplined and effective, but generally will be focused on efforts to dismantle a number of the power structures that are now wholly controlled by the progressive left. This will take the form of reshaping the American bureaucracy; undoing extensive bureaucratic influence by dismantling a number of regulatory regimes (something promised by Elon Musk, among others); reducing and even reforming major progressive institutions such as schools, universities, media, and activist corporations; and, of course, staunching the flow of illegal immigration into the United States. If there is any more “positive” project, it will likely be pursued in the area of manufacturing revival, including the threat and imposition of tariffs, though rebuilding a manufacturing base is a very challenging and uncertain project.

In certain respects, each of these efforts is “postliberal” in the limited sense that each would move us beyond the extreme extension of liberalism in all of these domains. However, I am less sanguine that a more fully “postliberal order” will emerge over the next four years, which would entail a more positive efforts toward the wholesale reconstruction of these institutions. For example, rather than dismantling DEI structures in schools, a more fully postliberal vision would include efforts to replace divisive identity projects with curricula and programs that advance visions of human excellence and virtue with a special focus on the inheritances of American and western civilization. Rather than focusing merely on dismantling government, a main question would be, in what areas is good government policy needed (e.g., supporting and advancing marriage and children)?  

My guess is that the next four years will be a period of taming and even some dismantling progressive power and institutions. However, there is strong potential for a fuller, more positive reformulation of the American political order if Trump’s heir-apparent is able to win one or two subsequent presidential terms.

Can you understand why Donald Trump is seen as a threat to democracy in many places in Western Europe?

I can certainly understand these fears, but I think they are deeply misplaced. In my view, the greatest threat to democracy in Western Europe comes from Brussels, not a Trump administration. The effort to reduce and even extinguish national sovereignty through administrative and bureaucratic fiat is the essence of “anti-democracy.”  The shameful efforts to undermine the legitimacy of elected national leaders and governments of constitutive member nations (such as Hungary) is profoundly anti-democratic. I think the Trump victory in fact bodes well for a much more robustly democratic Europe in coming years.

But moving beyond the false narrative about whether or not Trump is a threat to democracy – his decisive electoral victory I believe will lay to rest the charges that he is a “threat to democracy” – what lies behind this question I think is a rather different topic. Trump is seen in Europe as a threat to European stability in its longstanding dependence on the United States, and his stated unwillingness to continue the now-antiquated Cold War order is seen as a threat to the comfortable arrangement in which the United States ensures the security of Europe. The promise of American security has liberated Europe from the need to provide its own security, and by extension, relieved the constitutive members of Europe of the need to be serious and realist about what it is to be a nation and a successful political order.  Europe has atrophied over the past seventy-five years – economically, civically, in familial relations, and spiritually. At the same time, while Europe may have enjoyed being spoiled, such treatment ultimately is neither good for children nor for nations. So, while most who lead Europe today regard a second Trump presidency as something to be feared and loathed, I predict that it will lead to the long-term benefit of Europe. Assuming a more independent stature in the world will be of positive benefit for all the nations of Europe, and arguably for Germany in particular.

I offer one last, perhaps unfamiliar suggestion. The post-World War II American imperial project has not only been bad for Europe – it has been damaging to America. Empires invariably produce domestically stratified societies. Those best positioned to benefit from the spoils of the imperial order increasingly living luxurious and profligate lives in secure enclaves, while those who have not benefitted from the spoils of the empire – especially those who once flourished in the manufacturing sector, and those who serve in our standing army – have foundered.

Here it's worth noting is that Vice President-elect Vance comes from, and thus knows well, the blight of a decayed manufacturing region and the effects of the imperial project on those serving in the military. This combination of experience has not been present in the highest levels of governance for generations.

This stratification has led to deep political divisions in our society – divisions which in turn have proven to be destabilizing for the entire world. When I speak with Europeans, they are quick to ask me why America seems to have gone mad. One very simple answer, though complex in nature, is that the extension of the liberal imperial project to every corner of the earth has proven to be politically catastrophic for a nation that sought to be a republic. Stratification born of empire, combined with poor morale due to inevitable military humiliations that follow overextension, have severely damaged America’s domestic health. If Germany and Europe wish for a stable, moderate America once again to emerge and with which they can stand as a partner, they should wish for a revitalization of its republican virtues, which would require a degree – perhaps a significant degree – of contracting the American imperial project.

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