A lot of business executives — and far too many IT professionals — think that their company’s IT systems are too sophisticated and well-maintained for their company to have a successful ransomware attack against it. They think their company is doing it all right and this is only the kind of stuff that happens to “the other guys.”
Do you think that? Do you think your team has it all under control and ransomware — or other cyberattacks — are not something your company should be concerned with?
Let’s get this straight right now: No company is immune from this risk. No company has it all figured out. No company is completely secure, I don’t care how sophisticated you may think you are. You may think you are doing it all right and you may be trying really, really hard to do so, but, ransomware is still the single greatest risk your company faces (read why).
Do you not believe me?
Then let me ask you this: Do you think Advantech — a computer chip maker and a global leader in the fields of IoT intelligent systems and embedded platforms — is a sophisticated company that, likely, has sophisticated IT systems and teams of folks who try really hard to get it right? I think so, and guess what? Advantech just got hit and you wanna know what the ransom demand is? $13 million!
The Conti ransomware gang hits Advantech, demanding a ransom of $13 million to avoid leaking of stolen files and to decrypt affected systems.
On November 21, 2020, the ransomware operators announced that they would leak a part of stolen data if there is no response from the company within the next day.
On November 26, the ransomware gang began to leak the stolen data from Advantech, an archive of 3.03GB that accounts for 2% of the total amount of stolen data and a text document with a list of files included in the ZIP archive.
If it can happen to Advantech, it can happen to your company. Take this seriously.