Ransomware Hit List

Ransomware is a software that is specifically designed to encrypt users’ devices. It is a form of Malware that is generated to cause damage to a machine. The software can access your computer system, steal data, and encrypt your device causing viruses and other malicious activity. Find out what companies have been a ransomware target in our hit list below.

Click Here to find out more information on Ransomware.

HOW IT WORKS?

Ransomware infects your computer which can sometimes restrict you from accessing your device and depending on how aggressive the attack is, it can prevent you opening your files and data unless you pay a sum of money.

As cybercriminals are anonymous and protected through specific software, it makes it extremely hard to trace the individuals that target people. This means they can continue to demand money without any repercussions, due to their advanced algorithms. They can threaten to delete and encrypt files, which intimidates users to pay a ransom.

Ransoms can range from hundreds to thousands of pounds and is usually in the form of untraceable bitcoin.

EASY TARGETS

Typically, attackers target less established companies or organisations that usually have smaller security teams. These companies might not be able to handle the severity of the issue, making it easier for cybercriminals to access important information.

Additionally, cybercriminals may also target firms that would not want the negative press and speculation an attack could cause if reported by the media. These types of companies are therefore more likely to pay a fee to avoid the ransomware issue. This would be aimed at big organisations such as the NHS, law firms or the Government that wouldn’t want sensitive or confidential information being accessed or released and would be more likely to pay a ransom to protect their organisation, clients or patients. ­­

COMPANIES THAT HAVE BEEN AFFECTED

Ransomware attacks are costing UK companies approximately £346 million per year and affects nearly 50% of businesses.
Some of the most common or high-profile cases of ransomware in the UK are listed below.

NATIONAL HEALTH SERVICE

One of the biggest UK Ransomware attacks was back in 2017, when the NHS was hit with the WannaCry catastrophe. This caused major issues within the NHS, costing them 92 million pounds.

This strand of ransomware was particularly sophisticated and meant the NHS couldn’t access important information for several days until the issue was resolved.

It had a great deal of implications as over 200,000 computers were impacted and as a result thousands of consultations and operations had to be cancelled. This caused major disruption to the NHS.

In this case, the issue was caused from an email which was sent directly to the organisation which contained an attachment. Once opened, it then released malicious software onto their databases and encrypted files and other machines.

Police Federation of England & Wales

The police federation unit for England & Wales was hit with a cyber attack at the Surrey Headquarters on 9th March 2019.

They suffered significant disruption, with servers going down, email systems being encrypted and back up servers being erased.

Experts had to isolate the systems to prevent the virus from spreading and causing even more damage. The case was investigated by the Cyber Incident Response Division to try and understand how the issue arose.

Experts believe that a more updated kind of cyber defence is needed to help make their systems more secure from threats.

Universities & Charities

In May 2020, various Universities & Charities across the country and overseas faced a major data breach, as Blackbaud was attacked by hackers and organisations were threatened with a ransom.

The security breach included stolen data of contact details, previous and upcoming events, and donation history, but fortunately no major bank details were revealed.

Although Blackbaud has not specified the extent of the attack, it has been confirmed that the provider did pay an unidentified amount, which law enforcement strongly advise against.

Blackbaud suffered the attack but didn’t inform ICO or any of its customers until weeks after the incident occurred, which is frowned upon under GDPR guidelines and is likely to result in an ICO investigation and heavy fines. Find out which organisations were affected by the attack here.

Labour Party

On the 16th July 2020, the UK’s Labour Party was struck with a huge data breach in which important and confidential information was stolen by cybercriminals.

The political party have been put in a compromising situation, as thousands of their party donor’s data has been accessed and retrieved, details of which date back over several years.

Political opinions and votes were also compromised, which if released, could have been extremely detrimental.

It is understood that the motive behind the attack was purely to disrupt business operations rather than to steal information, but it is unknown as to whether the hackers retained any data.

Luckily, no payment transactions were made though, and bank details remained confidential.

Garmin

The multinational technology company, Garmin, who specialise in products for sports, aviation, automotive and much more, were hit with a Ransomware attack in July this year.

The attack effected the whole of Garmin’s internal network, as well as some of the production and manufacture lines for its products.

Garmin released an official statement to announce the issues they were facing, as all customer service lines were out of use as a result. This impacted their call centres, emails, and online chats.

The business had no choice but to shut temporarily, as well as restrict access to their website, so that specialised IT staff could solve the problem and run a thorough investigation. This caused huge losses in sales and has ultimately resulted in a loss of trust with customers and damaged their reputation.

Ransomware Doesn’t Discriminate

With any cyber breach, including ransomware, the ICO (Information Commissioner’s Office) will be involved in investigating the cause and they will not fail to come down hard on any  organisation that fails to protect customer’s data in line with GDPR.

This hit list is just a small example of how devastating breaches can be to organisations of all sizes.

Ransomware is not completely unavoidable. However, there are certain systems, technologies and procedures you can put in place to better protect you from being hit and to ensure the outcome isn’t as devastating should you become one of the unlucky ones.

4 + 13 =

What we offer Tamworth

What we offer Tamworth Pure Cloud are proud to be based in Tamworth. As a managed service provider, we’re able to support businesses in our area with a truly comprehensive range of technology services, from telecoms to IT. Supporting our community matters to us. We’re...

How businesses can protect themselves from Dark Web threats

How business can protect themselves from dark web threats As the digital world gets increasingly advanced, the threat of cyberattacks and data breaches has never been higher. And one of the most insidious sources of these threats is the dark web. For businesses, the...

Connectivity … Do you have what you need?

Connectivity... do you have what you need? Connectivity. It’s essential for any modern business. It allows employees to communicate with clients and colleagues, access the internet, and use various online tools and resources to complete their work. Whether you’re...

Pure Cloud: Proudly supporting others

Pure Cloud: Proudly supporting others. With Jamie Lake Being a business owner is an incredible privilege. It’s hard work, but incredibly rewarding. Why mention this? Because for those of us in privileged positions, it’s only right to give back. A lot of people are...

What sets Pure Cloud apart? Our service standards

What sets pure cloud apart? our service standards. At Pure Cloud, customer service drives everything that we do. It’s not about being “good enough”, but being the best. It’s the least our customers deserve, and that means continuous improvement. Recently we’ve...

How long will it take to hack your password

How long will it take to hack your password? Why do we need passwords? Ok, this one is fairly self-explanatory, but it helps to better explain why good password habits are so important. A password is used to keep unauthorised people from trying to gain access to your...

How we create adaptable communications

How we create adaptable communications The way you integrate technology alongside your business can have a real impact on your overall success. Productivity, customer service and staff cohesion can all be helped or hindered by the way you implement technology. At Pure...

What are managed services?

What are managed services? Managed services are growing in popularity. It’s no wonder – they’re a smart, simple and very convenient way for businesses to improve IT performance. But what’s involved and what’s the benefit? Those are the questions we’re addressing...

A day in the life of Shalleen Greasley

A Day in the life of shalleen greasley We’re proud of our team here at Pure Cloud. So we thought it was time to show the great work they do over the course of a day. Today we’re introducing Shalleen Greasley, our Mobile Projects and Services Co-ordinator. This is a...

Why our Disaster Recovery process is so Important. From IT Engineer George Ward

Why our Disaster Recovery process is so Important. From IT Engineer George Ward Disaster recovery is one of those services that you hope you’ll never need. But trust me when I say you’ll be glad that you have it when you do. Disaster recovery means that when incidents...

Previous

Next

Pin It on Pinterest

Share This