The Most Disruptive Ransomware Attacks in History

The Most Disruptive Ransomware Attacks in History were suffered Less than a month after Colonial Pipeline. JBS, the world’s largest meat plant, was forced to shut down 9 plants due to a cyberattack. The outage ended today with the opening of plants today. While the disruption of a ransomware attack was short-living Meanwhile, analysts reported that meat markets could still face price volatility and supply chain disruption.

In a just-in-time global economy, even the shortest disruptive ransomware attack can have knock-on effects on supply chains. As became evident with skyrocketing prices and fuel shortages at the pump in the wake of the colonial attack.

JBS is the second most disruptive ransomware attack targeting critical US business operations. Brazil-based JBS accounts for 20% of the daily US cattle harvest The cyberattack carried out operations in North America and Australia. The company’s backup servers do not affect. The group behind the attack has yet to be identify. But as of now, authorities believe it to be a non-government-sponsored group of hackers.

With the increasing frequency of these attacks and the scale of disruption to critical supply chains, it is now becoming more apparent that the emperor has no clothes. Organizations and governments for decades have severely neglected the cyber defenses of the invisible agents of chaos. In the wake of the S.V.R-sponsored SolarWinds hack, the colonial hack, and now the JBS hack. The alarms must be sounding and the government should bring Defcom 2 to your attention.

Ransomware Attack’s Effect

Western organizations and governments need to create uniform policies and frameworks designed to enforce cybersecurity for critical businesses. Cyber ​​disruptions tend to embed in the best interest of national security policy. Supply chains are already being severely strained as companies are still absorbing the hangover from COVID-19 lockdown measures. The waves of cyberattacks that follow only further weaken markets in order to recover the production capacity total.

Chip supply chains are already facing severe disruptions spreading through the tech and automotive sectors. Making the vulnerable even more vulnerable. As manufacturing continues to become increasingly automated. Organizations need to prepare for the increased vulnerability that comes with it. The creation of universal cybersecurity standards benefits both the private sector and consumers.

What Can One Do?

Paying ransoms to hackers cannot just become a cost of doing business rather than the chaos that hampers groups of hackers releasing data or locking critical systems. The government is two decades late in adopting substantive measures to force organizations to take strong preventive measures to secure critical resources, and now companies are paying the price in the absence of political leadership.

Financial services have policy measures to protect financial infrastructure, as well as policies to test balance sheets; These measures must extend to critical infrastructure and supply chains. Otherwise, civilizations will find themselves unconsciously waiting to be the target of the next attack.

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