The Cost of Cyber Breaches

November 1, 2017 CyberCecurity Leave a comment

Earlier this week Merck said that the NotPetya is going to cost them and the numbers are staggering. In last Friday’s earnings call Merck said that NotPetya has impacted third quarter results to the tune of around $300 million. That includes $135 million in lost sales and $175 million in costs. But that is not […]

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Breach

Maersk Says Ransomware Will Cost Them $200-$300 Million

August 17, 2017 CyberCecurity Leave a comment

In case you thought that people were overhyping the effects of ransomware, perhaps you should rethink that. The Maersk shipping line, which runs container ships and ports around the world, among many other businesses, had to shut down some of their port operations after computers were infected with the NotPetya ransomware. This week Maersk’s CEO […]

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