The Ransomware That Broke ThroughSeveral cyber attackers have tried to breach the oil company’s computer network in the past, but none has been successful. A previous attack, which was detected early, could only infect less than 5 percent of the company’s computers. However, on Nov 11, the Pemex central data center suddenly discovered a ransomware attack that began to encode passwords and restrict access to important files. In an email from management, Pemex told its employees to disconnect computers from the central network and backup critical information. Without access to their computers or the central server, administrative work was grounded. The company’s staff were unable to access several systems on the network, with payments and other management activities being inaccessible. “The servers crashed. People aren’t working,” said a worker who asked to remain anonymous to Reuters.
Ryuk Dominates the MarketRyuk remains the most efficient tool in the hands of hackers and ransomware attackers. Apart from being used on small companies, it has also been involved in some high profile cyberattack cases this year. Earlier this year, cybersecurity company Coveware reported that there had been a staggering 90 percent increase in the number of ransomware payouts in Q1 2019, as BeInCrypto has previously reported. The company’s analysis was based on standard data, which touched on costs incurred in an average attack. These costs were further split into recovery costs (money paid to revert the effects of attacks) and downtime (the cost of lags and missed opportunities suffered by the company).
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