Security News > 2020 > July > Experts: Devastating ransomware attack on Garmin highlights danger of haphazard breach responses

Experts: Devastating ransomware attack on Garmin highlights danger of haphazard breach responses
2020-07-28 17:08

GPS titan Garmin is still recovering from the fallout of the devastating ransomware attack that has crippled its website, disrupted customer support, disabled apps, and paused communications since late July 22.

Since the crisis began, employees of the company around the world took to social media to admit what the company would not: That it was hit with a damaging ransomware attack that locked them out of significant portions of their own system globally.

"If Garmin has been the subject of a post-intrusion ransomware attack then they are not alone. They will be one of many who have fallen prey to such cybercriminals. Post-intrusion ransomware is a highly profitable and effective way to extort money from large enterprises," Smith said.

Ransomware attacks are now becoming the norm for large organizations, and 2019 saw attack numbers skyrocket.

Wearn from Mimecast said his recent report on email security found that the average downtime an organization suffers from a ransomware attack is three days, but at times can be indefinite and lead to the failure of a business.


News URL

https://www.techrepublic.com/article/experts-devastating-ransomware-attack-on-garmin-highlights-danger-of-haphazard-breach-responses/#ftag=RSS56d97e7

Related vendor

VENDOR LAST 12M #/PRODUCTS LOW MEDIUM HIGH CRITICAL TOTAL VULNS
Garmin 3 0 0 2 12 14