Imagine this: you’ve woken up on a Monday morning to a breaking news alert on your phone. Your bank has been hit by a ransomware attack.
Hackers have managed to steal the confidential financial and personal data of tens of thousands of customers over the weekend. You and your bank’s employees are unable to access its internal data and systems.
The backup servers the bank would typically use to restore data have also been knocked out of action. As with the attack on Marks and Spencer last year, the attackers exploited a third-party vulnerability to gain entry before rapidly expanding internally and encrypting the entire system.
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