A flaw in a widely used software threatens system security and makes companies vulnerable to cyber threats. The Apache Software Foundation released an advisory that Apache Log4j versions up to and including 2.14.1 have a defect that may allow threat actors to execute arbitrary code and deploy viruses including ransomware on that IT infrastructure. Entities that directly or indirectly leverage this software should act with haste to mitigate the risk of a data incident. These events present companies an opportunity to examine internal incident response preparedness and review the allocation of responsibilities in vendor agreements.
Dominic Panakal is an associate in Baker McKenzie's Privacy and Technology practice, based in the New York office. Dominic was named by National Law Review as a "Go-To Thought Leader" for Cybersecurity.