Ransomware Attack costs Maersk over $200 Million

Yesterday Microsoft(a) released updates for Windows 7, Windows XP and Windows 2003 to fix a vulnerability that could enable a malware attack on the same scale as the 2017 WannaCry incident.

Why does this matter?

Forbes(b) reports that the final bill to Maersk for remediating the WannaCry attack was in the “$200 to $300 million range”.

That unimaginable gulf between the costs of remediation – up to millions – and the costs of prevention – free – should have all CFOs demanding immediate action.

Earlier this morning all of InsurTechnix’s users with Windows 7 devices received personal email notification if any of their devices were vulnerable. I’m pleased to say we already see our users responding to the notifications to keep themselves safe.

InsurTechnix’s CyberSentinel is a simple management information tool auditing and reporting on all aspects of cyber-hygiene. To learn more reach out to hello@insurtechnix.com

(a) https://lnkd.in/ezNZqVi
(b) https://lnkd.in/e2HXRgn