Falling victim to a ransomware attack can cause irreparable harm to any business. Study findings indicate that 1 in 4 Americans will not shop with a company after they fall prey to a data breach. That’s why we want to make you aware of what can happen by sharing common ransomware to watch out for.
Meat Supplier Plants Disabled by REvil
In June 2021, global meat supplier JBS was hit by a ransomware attack for which they paid out an $11 million ransom to the notorious hacking group, REvil. They paid the money after REvil temporarily knocked out their meat processing plants.
Breach That Took Down Oil Pipeline Systems Offline
In May 2021, Colonial Pipeline was forced to shut down after experiencing a ransomware attack. The attack took their systems offline and disrupted fuel supply for the East Coast of the U.S. Known as the largest cyberattack on an American energy system, the vulnerability started as a result of a network breach.
Computer Manufacturer Suffered $50 Million Ransomware Attack
In March 2021, computer manufacturer Acer suffered a ransomware attack from REvil with a ransom demand of $50 million. REvil leaked images containing sensitive information, including financial spreadsheets and bank communications. The attack was a result of a breach stemming from a Microsoft Exchange server on Acer’s domain.
National Basketball Team Victimized By Ransomware Group
In April 2021, the NBA’s Houston Rockets were victimized by a ransomware group named Babuk. Babuk claimed to have stolen team contracts, non-disclosure agreements, and financial data.
Insurance Group Fell Prey to Ransomware Attack
In March 2021, insurance company CNA fell prey to a ransomware attack. The attack was caused by a network disruption that resulted in a website outage and several of CNA’s systems, including their corporate email, being disabled. The cybercriminals also encrypted over 15,000 devices on the CNA network, including some computers of employees working remotely that were logged in to the company’s VPN when the attack occurred.
While some news outlets are now reporting that the ransomware gang REvil has disabled its payment website and blog, it is a little too late for companies that have already fallen victim to their attacks. Having the right cybersecurity in place is the key to preventing these attacks. In these examples alone, the ransomware attacks could have been prevented.
Take 30 minutes to get a non-obligatory ransomware evaluation for free, which will give you good pointers for your security.