Ransomware has rapidly progressed from an irritating annoyance to a legitimate global threat, with the U.S. Justice Department officially going on the record and establishing that future ransomware investigations will be handled the same way that terrorism cases are now. Let’s review the reasons behind this policy change and how your business should respond.
Last weekend saw a significant cyberattack waged against the world’s largest meat processor and distributor, JBS S.A., that completely suspended the company’s operations in both North America and Australia… and as a result, has impacted the supply chains associated with the company. Let’s examine the situation to see what lessons we can take away from all this.
Headlines have been filled with news pertaining to the recent hack of Colonial Pipeline, which has created significant gasoline shortages up the east coast of the nation. While the pipeline has been restored, the way this was accomplished sets a dangerous precedent. On top of this, the attack seems to have set off bigger infrastructural changes in the political space.
Research has revealed that cyberattacks are spending decreasing amounts of time on their targeted networks before they are discovered. While this may sound like a good thing—a faster discovery of a threat is better than a slower one, after all—this unfortunately is not the case.
If fortune smiles on your company, you won’t ever have to deal with what we are about to discuss: ransomware. For the past several years ransomware has been a major issue for businesses, governments, and individuals. Today, we will talk about ransomware, how there are different strategies, and how some people want to put a ban on ransomware payments.
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