A Ransomware Attack that Turned into a Horror Story

Oct 6, 2020 | Cyberattacks & Ransomware, Cybersecurity, Security Products | 0 comments

Cyber Security ConversationsOctober is Cybersecurity Month and the Canadian CyberSecurity Conference, MapleSEC, is running October 5 – 7.

On Monday, Terry Cutler of Cyology Labs in Montreal shared a case study of a major Canadian company hit by ransomware.

“IT guys are always asking for money,” said Cutler. “Upper management never believes the organization will be hacked. I can promise you once ransomware occurs, the budget magically shows up because they don’t want to go through this again.”

For a full report on the attack and how it make one company’s life hell, read the full report here.

 

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