How much to clean up a ransomware infection? For Rackspace, about $11MThe Register
Topics Security Off-Prem On-Prem Software Offbeat Special Features Vendor Voice Vendor Voice Resources And that's not counting the incoming lawsuits. Thank goodness for insurance, eh?
Rackspace's costs from last year's ransomware infection continue to mount. The cloud hosting biz has told America's financial watchdog, the SEC, its total expenses to date regarding that cyberattack have now reached about $11 million, though insurance has helped cover half of that. The extortionware raid on the IT provider, initially described as a "security incident," hit Rackspace's hosted Microsoft Exchange on December 2, 2022, shutting down email services to thousands of customers, most of w...