The University of Utah revealed today that it paid a ransomware gang $457,000 in order to avoid hackers leaking student information. The university’s cyber insurance policy paid part of the ransom, and the university covered the remainder.
https://twitter.com/lordboots/status/1297363684809990145
Experts Comments
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@Ilia Kolochenko, Founder and CEO, provides expert commentary at @Information Security Buzz.
"The use of cyber insurance to pay the ransom is rather bad than good...."
#infosec #cybersecurity #isdots
https://informationsecuritybuzz.com/expert-comments/expert-reacted-to-university-of-utah-paid-a-ransomware
Facebook Message
@Ilia Kolochenko, Founder and CEO, provides expert commentary at @Information Security Buzz.
"The use of cyber insurance to pay the ransom is rather bad than good...."
#infosec #cybersecurity #isdots
https://informationsecuritybuzz.com/expert-comments/expert-reacted-to-university-of-utah-paid-a-ransomware
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Linkedin Message
@Jonathan Reiber, Senior Director of Cybersecurity Strategy and Policy, provides expert commentary at @Information Security Buzz.
"Universities, hospitals, and other organizations should take a threat-informed approach to their cyber security strategy to stop ransomware...."
#infosec #cybersecurity #isdots
https://informationsecuritybuzz.com/expert-comments/expert-reacted-to-university-of-utah-paid-a-ransomware
Facebook Message
@Jonathan Reiber, Senior Director of Cybersecurity Strategy and Policy, provides expert commentary at @Information Security Buzz.
"Universities, hospitals, and other organizations should take a threat-informed approach to their cyber security strategy to stop ransomware...."
#infosec #cybersecurity #isdots
https://informationsecuritybuzz.com/expert-comments/expert-reacted-to-university-of-utah-paid-a-ransomware