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MIS5208 Spring 2018

DATA ANALYTICS FOR IT AUDITORS AND CYBERSECURITY

Nayana ransom payment a wake-up call for cyber hygiene

May 6, 2018 by Linlan Chen

 

Nayana – a South Korean web hosting company dishing out $1m worth of bitcoin to restore the websites and data of its customers that had been held ransom by the Erebus ransomware.
Sure, the business damage (think customer lawsuits) to Nayana of not doing would have been huge, but so would the damage caused by the negative press on the company’s poor cyber hygiene that opened the doors for hackers.

http://www.computerweekly.com/blog/Eyes-on-APAC/Naraya-ransom-payment-a-wake-up-call-for-cyber-hygiene

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