'They wanted $4m': Lessons for M&S from other cyber attacks

'They wanted m': Lessons for M&S from other cyber attacks

Written by: Amy Johnson

In the wake of a significant cyber attack on Marks & Spencer, individuals who have faced similar experiences are sharing their stories of being targeted by hackers, shedding light on the distressing aftermath of such events. Sir Dan Moynihan, head of the Harris Federation, recalled their harrowing encounter with the Russian ransomware group REvil four years ago. The hackers demanded a staggering $4m (£3m) in cryptocurrency within a short timeframe, threatening to increase the amount if their demands were not met promptly.

The cyber attack led to widespread chaos within the school group, impacting financial operations, staff payments, and essential systems like teaching materials, medical records, and communication tools. It took months of dedicated efforts and £750,000 in costs to restore functionality to the compromised systems, with over 30,000 devices requiring thorough cleaning following the breach. Sir Dan emphasized the school group’s firm stance against giving in to the hackers’ demands, citing their commitment to supporting disadvantaged youth and preventing further attacks on educational institutions.

In response to the ransomware attack on Marks & Spencer, the company took a strategic approach to handling the situation, enlisting the expertise of cyber specialists and a trained negotiator to engage with the hackers and buy time for system recovery. While the retailer has provided limited information on the incident, reports from alleged employees paint a picture of disruption and challenges faced in the aftermath, including manual operations with pen and paper and logistical issues with goods supply. The incident serves as a stark reminder of the pervasive threat posed by cyber attacks in the digital age, with other companies ramping up security measures to mitigate risks.

The toll of cyber attacks extends beyond financial and operational disruption, as highlighted by individuals like wedding dress designer Catherine Deane, who experienced the devastation of a hacked social media account. Deane described the ordeal of dealing with the account breach on Instagram, a platform crucial to her business, as a traumatic experience. Similarly, healthcare professionals in London recalled the painstaking aftermath of a cyber attack on hospital services, underscoring the added burden and challenges faced in delivering critical care during such incidents. As cyber threats continue to evolve, organizations across sectors are urged to prioritize robust security measures to safeguard against potential breaches and their lasting impact

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