You may have recently read about the Irish Health Service (HSE) receiving a ransomware for $20m. The payoff would provide a decryptor to restore services and safeguard the data from being published or sold.
As a direct result of this attack, some services were reduced by 80%, impacting patients across the nation. Finally, the criminals handed over the decryptor for free to restore services. But they are still threatening to sell the stolen data unless the ransom is paid.
In the months Jan-May 2021, there have been 120 major reported ransomware attacks by blackfog.com. Rise of 41% over the same period in 2020.
These events have brought cybercriminals to the forefront of international police’s attention.
Every year trillions are spent investigating, foiling, fixing and paying off cybercriminal activities, along with the priceless remains of the physical and emotional scars.
The recent surge of digitalisation only escalates this crisis until and unless software technology is modernised from its current ageing state to meet the rising complexities of demand.
Let’s invest in software technology modernisation to create sustainable circular technology.
Be deliberate. Demand a better future,
Sally M Solaymantash