In 2021, it was JBS Foods, the world’s biggest meat producer, and in July month, it was Swedish retailer Coop \u2014 both victims of ransomware attacks led to the formation of REvil enterprise.<\/p>\n
Albeit the attacks’ nature was different, the result \u2014 loss of access to data, downtime, and supply chain disruption \u2014 was equally destructive.<\/p>\n
In the time of JBS, it was a straight hit on systems, causing facilities in the US, Canada, and Australia to terminate operating. For Coop, it was the penetration of one of their reliance. IT managed service offerers, Kaseya, that closed the tills in over 800 supermarkets.<\/p>\n
The urgent question for businesses such as JBS Foods and Coop was whether company continuity plans could be trusted, or was the ransom a price worth paying to recover data and systems hastily? The case for paying can feel attractive, especially if prophesied losses are more than the attacker needs, but this is problematic commercially and ethically. Because of this, cyber-criminals will continue to launch these attacks for as long as they are advantageous.<\/p>\n
As explained by the attack on Coop, being flamboyant in your security protocols is not enough as ransomware attacks can come via supply chains and other companies you work with, are connected to, or trust on. Therefore, both downstream and upstream in the supply chain, ponder whom you share data with, where materials are sourced and who has admittance to processing control systems, product formulations, packaging, and brand assets.<\/p>\n
Not Accurately doing the Basics Will Boosts the Risk of a Ransomware Infection<\/p>\n