The University of California in San Francisco (UCSF) says it has paid cybercriminals $1.14 million (£1 million) to decrypt a “limited number of servers” in its School of Medicine, which were hit by ransomware this month.
Experts Comments
We will likely see a steady growth of ransomware hacking campaigns targeting the public sector in 2020.
The disclosed technical details of the attack are obscure and insufficient to derive definitive conclusions about the origins and nature of this exorbitant incident. In light of the well-known malware reportedly used in the attack, we may, however, assume that the attack exploited a lack of IT asset visibility, improperly implemented security monitoring or patch management.
Public schools frequently save money on cybersecurity, trying to invest budgets into apparently more appealing areas to.....Read More
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@Marcus Fowler, Director of Strategic Threat, provides expert commentary for "dot your expert comments" at @Information Security Buzz.
"The key to preventing ransomware is understanding what normal looks like for a digital environment and having an autonomous response in place...."
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https://informationsecuritybuzz.com/expert-comments/comment-university-of-california-paid-1-million-ransom-to-cyber-criminals
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@Marcus Fowler, Director of Strategic Threat, provides expert commentary for "dot your expert comments" at @Information Security Buzz.
"The key to preventing ransomware is understanding what normal looks like for a digital environment and having an autonomous response in place...."
#infosec #cybersecurity #isdots
https://informationsecuritybuzz.com/expert-comments/comment-university-of-california-paid-1-million-ransom-to-cyber-criminals