Security News > 2021 > June > Ryuk ransomware recovery cost us $8.1m and counting, says Baltimore school authority
An organisation whose network was infected by Ryuk ransomware has spent $8.1m over seven months recovering from it - and that's still not the end of it, according to US news reports.
The sum, spent by Baltimore County Public Schools, will doubtless raise some eyebrows and the public breakdown of the costs will be eye-opening for the infosec industry and potential corporate ransomware victims alike.
As we reported when it first happened, the BCPS network was infected by Ryuk ransomware in November last year.
Infosec firm Sophos said in April that the average cost of getting over a ransomware attack is $2m, a sum that "Has more than doubled in a year".
Ryuk is one of a handful of high-profile ransomware strains being deployed as part of the ransomware-as-a-service market against predominantly Western targets.
Today, US president Joe Biden and Russian president Vladimir Putin are due to meet for the first time; among other topics, Biden will be raising the issue of Russia's shielding of ransomware gangs from legal consequences for their actions.