Ransomware and Your Business

By Diana Contesti, CISSP-ISSAP, ISSMP, CSSLP, SSCP Ransomware is in the news lately with attacks on Norsk Hydro, multiple cities in Florida, Baltimore and Atlanta, not to mention the numerous hospitals that have been hit. These attacks have cost companies like Norsk an estimated $45 million due to lost revenues and the cost to restore and recover their IT department. The cost to the two cities in Florida is estimated to be $1.1 million and the tally continues to grow. Ransomware is short for ransom malware and has been around since the late 1980s, but is now gaining in popularity…