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The 10 Biggest Ransomware Attacks of 2019

Multinational manufacturers and U.S. city and county governments spent more $176 million responding to the biggest ransomware attacks of 2019, spending on everything from rebuilding networks and restoring backups to paying the hackers ransom.

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2. Norsk Hydro

Recovery And Mitigation Costs: $60 million to $71 million

Oslo, Norway-based aluminum provider Norsk Hydro was struck in March with a large ransomware attack that started in its U.S.-based facilities then spread, and the company couldn’t stabilize the situation until the summer.

The ransomware strain was ultimately determined by incident responders to be LockerGoga, which has wreaked havoc on companies in the industrial and manufacturing space. Norsk Hydro restored its systems from digital backups rather than pay the ransom demand, and switched to “manual mode” inside several its facilities to contain the spread of the ransomware.

Much of the financial impact of the ransomware stemmed from Norsk Hydro being forced to switch off production lines and resort to manual operations for reporting, billing and invoicing. Norsk Hydro aluminum manufacturer Extruded Solutions suffered the most significant operations challenges and financial losses as a result of the attack, according to a company earnings report.

 
 
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