JBS paid $11 million to resolve ransomware attacks, company says after beef supplier JBS fell victim to a cyberattack from Russian-speaking hackers nearly two weeks ago, the company announced Wednesday night it paid an $11 million ransom to mitigate any further damage. And experts say it could happen to anyone, but should you pay a ransom? Van Scyoc says ‘no.’
All it takes is one click; a click that could cost you or your company big money. “If it’s more than $11 million, are you gonna pay the $11 million to get back on sooner?,” NWTC Instructor of System Security Ryan Van Scyoc asked. “Probably. So that’s probably what’s gonna happen.”
According to the professor, if you have all your data stored offline, you don’t need to spend any cash. And if you don’t have it saved, you can go to a computer store and try to recover lost files.
“Instead of negotiating with attackers, Bansal advises people to contact authorities or even call 911. “What you can do as an individual if it happens to you, you can basically inform the local FBI office,” Bansal said. “We have an FBI office in Green Bay.” While ransom attacks are on the rise, Bansal says Northeast Wisconsinites can rest easy. Companies with a lot to lose are at the highest risk.
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