The Latest in IT Security

Ransomware Attack Cleanup Costs: $10M So Far for Rackspace

28
Aug
2023
Ransomware Attack Cleanup Costs: $10M So Far for Rackspace

image credit: adobe stock

After the attack comes the bill: Ransomware and data-exfiltration attacks continue to stick victims with serious cleanup, legal and other costs.

Cloud computing giant Rackspace has so far spent $10.8 million responding to an attack against its hosted Exchange environment by the Play ransomware group that began late last November, the company said in an earnings presentation released earlier this month. The attack, which came to light on Dec. 1, 2022, affected 30,000 Rackspace customers, leaving them unable to access to email and associated data.

Read More

Comments are closed.

Categories

TUESDAY, JUNE 18, 2024
WHITE PAPERS

Mission-Critical Broadband – Why Governments Should Partner with Commercial Operators:
Many governments embrace mobile network operator (MNO) networks as ...

ARA at Scale: How to Choose a Solution That Grows With Your Needs:
Application release automation (ARA) tools enable best practices in...

The Multi-Model Database:
Part of the “new normal” where data and cloud applications are ...

Featured

Archives

Latest Comments