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ARTICLE · 23 JULY 2021

What's In Your Ransomware Defense Toolbox?

The rising cost of ransomware attacks puts a premium on prevention. Put to use these practical, preventative measures to minimize the threat of being held hostage by a ransomware demand...

United StatesTechnology

The rising cost of ransomware attacks puts a premium on prevention. Put to use these practical, preventative measures to minimize the threat of being held hostage by a ransomware demand,

The cost to companies and governments in ransomware attacks is growing exponentially. On May 7th of this year the Colonial Pipeline fell victim to a cybersecurity attack, causing the American fuel carrier to shut down its 5,500-mile pipeline and cut off the major artery of transport for petrol, diesel and jet fuel to the east coast. Colonial Pipeline paid hackers nearly $5 million in an extortion fee to restore its disabled computer network, over the objections of the FBI. Weeks later, meatpacker JBS SA is reported to have paid $11 million to resolve a ransomware attack that disrupted the nation's meat supply.

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