How much did the Saudi Aramco hack cost?
The Saudi Arabian Oil Co., better known as Saudi Aramco, told The Associated Press that it “recently became aware of the indirect release of a limited amount of company data which was held by third-party contractors.”
Did Saudi Aramco pay the ransom?
Now, ZeroX is threatening to sell the information for a starting price of $5 million on the Dark Web. If Aramco wants to avoid that fate, the company must solve a puzzle which involves the 662 hours the company has been given to pay the $50 million ransom.
Who hacked Saudi Aramco?
A group named “Cutting Sword of Justice” claimed responsibility for an attack on 30,000 Saudi Aramco workstations, causing the company to spend more than a week restoring their services. The group later indicated that the Shamoon virus had been used in the attack.
How much are cyber security attacks?
According to cyber security firm Radware’s 2018-2019 Global Application & Network Security Report4, the average cost of a cyber-attack is $1.1 million.
Is the Melissa virus still around?
The impacts of the Melissa virus According to the FBI website, the virus overloaded email servers at more than 300 corporations and government agencies, shutting down some entirely. The virus itself reached thousands of computers by sending itself through the mailing lists of infected devices.
What is computer ransomware?
Ransomware is a malware designed to deny a user or organization access to files on their computer. By encrypting these files and demanding a ransom payment for the decryption key, cyberattackers place organizations in a position where paying the ransom is the easiest and cheapest way to regain access to their files.
How much did cybercrime cost in 2020?
In general, the average cost of a cyber attack in 2020 was around $133,000. That is the total average of all types of cyber attacks. With such lucrative end results for hackers and other malicious actors, it comes as no surprise that cyber crime costs have grown 15% per year annually over the last 5 years.
How much did ransomware cost in 2021?
The average cost of a ransomware attack fell to $1.4 million in 2021, down from $1.85 million in 2020. U.S. government data showed a rise in ransomware activity in 2021. The Treasury Department reported $590 million in ransomware-related activity in suspicious activity reports during the first half of 2021.
Who invented Melissa virus?
David L. Smith
A man named David L. Smith decided to capitalize on the confusion surrounding the internet and email when he created the first successful email-aware computer virus. The malware — the Melissa virus — was one of the first to get public attention because it caused more than $80 million in damage.
What is a Zeus virus?
The Zeus Trojan is an insidious malware kit commonly used to steal banking information. With millions of Windows computers infected, it’s one of the most widespread and successful strains of malware in the history of the internet.
Can McAfee remove ransomware?
Often the ransomware (and other malware) is distributed using email spam campaigns, or through targeted attacks. McAfee® products leverage a number of technologies that help prevent ransomware. The following McAfee products and associated configurations are designed to stop many types of ransomware.
Should you pay ransomware?
The FBI does not support paying a ransom in response to a ransomware attack. Paying a ransom doesn’t guarantee you or your organization will get any data back. It also encourages perpetrators to target more victims and offers an incentive for others to get involved in this type of illegal activity.
How much money is lost due to cybercrime?
A 2017 report from Cybersecurity Ventures predicted ransomware damages would cost the world $5 billion in 2017, up from $325 million in 2015 — a 15X increase in just two years. The damages for 2018 were estimated at $8 billion, and for 2019 the figure rose to $11.5 billion.
What was the largest ransomware payment ever made in 2020 2021?
Insurance: An insurer made a $40 million ransom payment to regain control of its systems. This is believed to be the largest ransomware payment to date. Law enforcement: One of the worst ransomware attacks against police targeted the police department in a major U.S. city.
How much does ransomware cost a company?
Individual ransomware attacks are getting costlier. In 2019, average remediation costs for a company that had incurred a ransomware attack were over $761,000. In 2020, the figure had more than doubled to $1.85 million. In just the United States, ransomware victims spent an average of $2.09 million on remediation costs.
How much money did Melissa virus lose?
In a cooperating federal plea agreement Smith acknowledged that the Melissa virus caused more than $80 million in damage by disrupting personal computers and computer networks in business and government.
Can Norton stop hackers?
Norton Antivirus stops hackers in some ways, but it doesn’t provide complete protection from hackers. Norton Antivirus is able to protect your computer from many of the tools hackers use to infiltrate your computer, but the program that keeps hackers from directly getting in to your computer is called a firewall.
What happened to Saudi Aramco’s cybersecurity?
The irony of it all was that Saudi Aramco had invested heavily in securing the industrial control systems from cyberattacks, but the attackers crippled the company by targeting desktops, mail servers, and other Windows systems. “IT got pwned,” Kubecka said.
How do the Sony Pictures and Saudi Aramco cyberattacks compare?
When it comes to sheer cost, the recent cyberattacks on Sony Pictures and the American government pale in comparison. The average person has never heard about Saudi Aramco — or this hack.
What happened to Aramco?
Aramco did not reveal the name of the contractor that was affected, nor did it provide details about the information that was impacted in the security incident. The Associated Press reported that the attackers obtained over one terabyte (1,000 gigabytes) of Aramco data and exposed it on the dark web.