Search
Homepage This page's url is: -crn- Rankings and Research Companies Channelcast Marketing Matters CRNtv Events WOTC Jobs HPE Zone Masergy Zenith Partner Program Newsroom Intel Partner Connect Digital Newsroom Dell Technologies Newsroom IBM Newsroom Juniper Newsroom The IoT Integrator NetApp Data Fabric Intel Tech Provider Zone

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.

Back 1   2   3   ... 11 Next
photo

10. Albany, N.Y.

Recovery And Mitigation Costs: $300,000

Albany IT systems were infiltrated on March 30, with hackers demanding payment in cryptocurrency to recover the files they had encrypted. City officials immediately shut down the affected systems and didn’t have to worry about the hackers constantly changing ransom demands since Albany had backups of its critical servers, according to Administrative Services Commissioner Rachel McEneny.

Having daily backup of those mission-critical systems meant that Albany never lost the ability to pay its employees and was able to get its treasury office up and running just two calendar days after the attack, McEneny said. Restoring all the city’s systems took two or three months and was done in-house through Albany’s in-house IT department, with some legacy systems not rebuilt due to being obsolete, she said.

Still, the city took $300,000 out of its contingency fund to purchase firewall insurance, upgrade user security software, address destroyed servers, and firm up the city’s systems, McEneny told the Times Union. Specially, NewsChannel 13 said that $85,000 had been spent on professional services, $54,000 was for hardware and software investments, and $23,000 was used for credit monitoring services.

 
 
Back 1   2   3   ... 11 Next

sponsored resources