Rising Ransomware Attacks
Ransomware attacks are on the rise, becoming quite the common occurrence in today’s tech-reliant world.
Undeniably, the marvels of digital advancements have simplified our lives and revolutionized industries. Modern updates and inventions bring numerous benefits.
Yet, as we lean more on technology, we also open ourselves to its not-so-shiny side, such as these pesky cyber threats.
Technology’s Dark Side
The drawback of using technology is the numerous cyber-attacks that have started taking place. Where technology was once the savior of humankind, it is slowly being misused and turned against us.
Don’t be fooled, though. Technology isn’t to be blamed completely, as humans are the ones misusing it. But with people being affected all over the globe, downplaying the traitorous role of technology isn’t acceptable.
Recently, the citizens of Johannesburg experienced the flip side of this advancement. Being the largest city in South Africa, Johannesburg is the epitome of power and civil infrastructure.
Ransomware attacks are a highly alarming form of cyber threats where a victim’s sensitive data is encrypted and can only be decrypted upon payment of a ransom.
Victims often discover the ransomware attacks when they receive a threatening message indicating the successful compromise of their data.
The ransomware virus encrypted the databases, network and applications of City Power— the company that’s responsible for powering Johannesburg.
The cyber-attack turned out to be a hassle for prepaid customers. They were rendered incapable of buying electricity units, which eventually led to a power outage.
A number of customers couldn’t upload invoices to make payments, and even the City Power’s official website was inaccessible because of the ransomware virus.
The only good thing to come from the ransomware attacks were the company’s announcement that no customer details were compromised because of the attack.
This was the only bright side to the attack because if the details would have been leaked, the customers could have been in real danger. The financial information stores in the databases alone would have caused great grievances for prepaid customers.
As soon as the concerned authorities at City Power realized the problem, they allotted resources to deal with the issues.
They were able to restore the power to some of the affected areas within a few hours. In addition to this, most of the critical applications that were affected by the attack were also restored, enabling customers to buy electricity easily.
In spite of the quick damage control efforts by City Power, there are many affected areas and applications that have yet to be restored. The next step now is to determine the severity and type of the cyber-attack.
Once this has been determined, the company will be able to give a definite answer as to how long the complete cleanup process will take. The company has been candid about its efforts and has expressed its concern that it might take weeks and cost millions of dollars to repair the damage caused.
Navigating a tech-heavy world, we see cybersecurity threats like ransomware attacks as a growing reality. The Johannesburg cyber-attack serves as a strong reminder of these threats.
Do not wait until a cybercriminal infiltrates your network and disrupts your operations. Contact us for a consultation and let’s reinforce your business against potential ransomware attacks.
Remember, it is always more prudent to be safe than sorry.