I wonder why they can’t/won’t pay.
I feel really bad for everyone involved - customers and staff. The human cost in this is huge.
Yes, there’s a lot of criticism of backup strategies here, but I bet most of us who deal with this professionally have knowledge of systems that would also be vulnerable to malicious attack, and that’s only the shortcomings we know about. Audits and pentesting are great, but not infallable and one tiny mistake can expose everything. If we were all as good as we think we are, ransomware wouldn’t be a thing.
I think that people generally overestimate how much money tech companies like this one actually make. Their profits are tiny. A lot of the time, tech companies run on investment money, and can’t actually turn a profit. They wait for the big acquisition or IPO payday. So if you think you’re actually gonna get 100k off them, good luck. Sometimes they’re barely keeping the lights on.
Danish hosting firms CloudNordic and AzeroCloud have suffered ransomware attacks, causing the loss of the majority of customer data and forcing the hosting providers to shut down all systems, including websites, email, and customer sites.
Sounds like they had all their backups online, instead of keeping offline copies. It’s a reminder that everyone needs at least one backup that isn’t connected to any computer. It’s also a reminder that “the cloud” should not be the only place you keep your data, because hosting providers are targets for this stuff and you don’t know how careful they are.
Put all the data in the cloud, they said. It will all be save and handled by professionals!