Freya Riddel discusses insights from the recent
Ransomware attack suffered by global-tech company Garmin with
Governance Directions Journal.
KordaMentha Manager Freya Riddel debuted in the latest
edition of the Governance Institute of Australia's Governance Directions Journal. Discussing
global-tech company Garmin's July 2020 outage due to a
Ransomware attack, Freya provides insights into the rise in
large-scale cybercriminal activity, its impact and the lessons to
be learned.
In the article, Freya utilises her forensic expertise to analyse
the impacts of the cyber-attack on Garmin as its data was encrypted
by a malicious software and held to ransom. With Garmin providing
fitness-tracking services and wearables for individual users and
GPS services to the automotive, marine and aviation industries
(including the Federal Aviation Administration), the effects of the
attack were extensive. The costs associated with such an attack not
only include the demanded ransom