Security Boulevard posted about an Arkansas business that was affected by ransomware; more so the after effect of the attack. When attackers make off with their paid ransom, organizations are left to rebuild.
” Despite paying the attackers what they demanded, the company struggled to get back on its feet. The company could no longer pay wages so the CEO decided to close shop and let everyone go. “
Security Boulevard
These attacks would make organizations think of getting cyber insurance however there is a whole school of thought explained by ProPublica, “One cybersecurity company executive said his firm has been told by the FBI hackers are specifically extorting American companies that they know have cyber insurance”.
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