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Andrew Tobias

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Andrew Tobias
Andrew Tobias

Money and Other Subjects

NotPetya – Be Prepared

August 27, 2018August 26, 2018

This must-read thriller from Wired details the world’s most costly cyberattack to date.

(Not counting the attack that subverted American democracy and cost America its global leadership.)

It leaves me with these “take-aways” —

  1. Cyberwarfare (and Russian attacks, in particular, as described in this piece) are a huge threat.  Imagine your life without, say, electricity.
  2. It’s a better idea than ever to have a “disaster hoard,” as I’ve been touting for decades.  (“This idea of a disaster hoard, by the way, is not such a foolish one. Nor is it “gloom and doom.” Disasters do occur . . . floods, earthquakes, power outages . . . and it does make sense for every household to accumulate—now, when there’s no need to, at sale prices—enough nonperishables to last a while. Such a modest stockpiling not only protects individuals, it serves the social interest as well. Just as the nation is stronger if it has strategic stockpiles, so is the social fabric a little less susceptible to disruption or panic if everyone has an added layer of security.”)

 

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"Guys, just remember: if you get real lucky, if you make a lot of money, if you go out and buy a lot of stuff, it's gonna break. You got your biggest, fanciest mansion in the world. It has air conditioning. It has a pool. Just think of all the pumps that are going to go out. Or go to a yacht basin any place in the world. Nobody is smiling and I'll tell you why: something broke that morning. The generator's out, the microwave oven doesn't work, the cook's gay. Things just don't mean happiness."

Ross Perot to Harvard B-School students, quoted in Forbes

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