Phantom Technology Solutions Blog

Ransomware has been a scourge to businesses for years now, with it unfortunately experiencing a renaissance of sorts as the COVID-19 pandemic came to the fore. With increased phishing attacks and other means of spreading ransomware now taking advantage of the ongoing situation, it is all the more important that these attempts can be identified and mitigated.

Countless high-profile ransomware attacks have surfaced over the past several years, all against targets like manufacturers, pipelines, hospitals, and utility companies. Obviously, these attacks are a cause for concern, but some small businesses might make the mistake of thinking themselves too small to target. Unfortunately, this is simply not the case; we’ll help you protect your business from these devastating cyberattacks.

This past May, Ireland’s Health Service Executive—the organization responsible for providing healthcare and social services to the country’s residents—was successfully targeted by a major ransomware attack. Unfortunately, we are still talking about it now because the entire situation has forced us to acknowledge the aftereffects of such an event.

Once again, ransomware strikes, this time targeting the world’s largest meat processor and distributor, JBS S.A. This disruptive cyberattack forced the company to suspend operations in both North America and Australia, a move which had devastating consequences to the supply chain. What can we learn from this situation?

As is often the case with ransomware attacks, the situation with the Colonial Pipeline hack has grown more complex as more information regarding the attack has been discovered. Here are some of the major developments that you should keep top of mind in the wake of this devastating ransomware attack.

In what sounds like a positive shift, cybersecurity experts have announced their research has found that cyberattacks are spending less time on the networks they infiltrate. Unfortunately, this isn’t such a clear-cut positive. Today, we’ll discuss “dwell time” and how less of it is a problem.