Sopra Steria the IT services firm has announce that the ransomware attack which it reported in October 2020 will have a negative impact on its balance sheet of between €40million and €50million. With Insurance coverage for cyber risk of €30…
Avon, the global cosmetics brand has suffered a second data breach, following on from an alleged ransomware attack back in June this year. The second breach related to an internet exposed Azure server with no authentication or encryption, containing a…
The University of California San Francisco pays a $1.1Mn ransomware demand following an infection in June. Whilst the University stated that there was no major impact, it goes some way to identify the impact of ransomware and data theft to…
Worth a read. The Ministry of Housing, Communities and Local Government (MHCLG) for England has interviewed 163 councils in England about ransomware. The results of which raises concerns about the maturity of cyber risk knowledge. The report made 3 observations…
Nearly 3 Months following the Ransomware attack on its services, Redcar Council has 90% of its systems up and running. Undoubtedly its been a difficult time for the council, with COVID 19 to deal with at the same time. View…
An interesting trend: Research of ransomware attacks in the US identified 966 US government agencies, educational establishments and healthcare providers were impacted by ransomware in 2019. The figures for the year to date for 2020 is showing a much reduced…
Ransomware is not new, a little digging shows that its been around for at least 20 years. But until very recently its remained in the single digit million reported incidents (2015). There has been a significant jump to the 100s…
A US gas pipeline has been impacted by a ransomware. It started as a spear-phising email, pivoting to the OT network and windows systems. The observation made is that the CNI provider was not sufficiently aware and prepared, according the…
Ransomware has to be one of the worst forms of cyber attack, especially if you are a small firm. You could say that all the data should be backed up, that contingency plans should be in place. But lets face…
A great read, why Ransomware is a bigger issue than just locking you out of data. Take any analogy of theft and/or extortion. You have taken something of mine which I value dearly and you won’t give it back until…
