Wednesday, 26 June 2019

How a ransomware attack cost one firm £45m

When malicious hackers disable your business and demand a ransom, should you pay up? Many firms do out of desperation, turning to intermediaries to help broker the deal. But law enforcement says this just makes things worse.
Imagine the excitement when hackers gained a foothold in the computer system of Norsk Hydro, a global aluminium producer.
We don't know when it was, but it's likely that once inside they spent weeks exploring this group's IT systems, probing for more weaknesses.
When they eventually launched their ransomware attack, it was devastating - 22,000 computers were hit across 170 different sites in 40 different countries.
Chief information officer Jo De Vliegher reopens the ransom note that appeared on computers all over the company. It read: "Your files have been encrypted with the strongest military algorithms... without our special decoder it is impossible to restore the data."READ MORE

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