Ransomware Attacks Halt Operations at Major Bank; U.S. School District

Sep 08, 2020

Ransomware Attacks Halt Operations at Major Bank; U.S. School District

BY Courtney Heinbach

BCDR Cybersecurity

A major Chilean bank, BancoEstado, fell victim to a REvil (Sodinokibi) ransomware attack over the weekend and was operating in a limited capacity throughout the beginning of the week. Luckily, the bank segmented its internal network, limiting what the hackers could encrypt.

According to the bank’s Twitter account, 113 branches are now operational, and they’ve issued a notice to customers about how to avoid phishing attacks. The Chilean government also sent out a nationwide cybersecurity alert notifying citizens of a ransomware attack targeting private businesses.

Meanwhile, in the Northern hemisphere, the school year is kicking off in the United States. Over the weekend, the City of Hartford School District was attacked with ransomware, with 200 out of their 300 servers hit. While they were able to restore student data, a critical system that communicates bus routes to drivers was not yet restored, and the district was forced to postpone their first day of instruction. A new first day has not yet been determined.

Moral of the story: Businesses of all sizes, in all industries, store critical data and are prone to a ransomware attack. Whether your MSP serves businesses in the financial, legal, construction sector, or any other businesses for that matter, it’s crucial to express the importance of a comprehensive business continuity and disaster recovery (BCDR) solution as the last line of defense against ransomware. 

For tips and tricks for selling BCDR to your clients, check out our eBook, Selling BCDR Made MSPeasy.

Selling BCDR Made MSPeasy

To help MSPs communicate the benefits of BCDR, we’ve put together this eBook to highlight various strategies and tactics to get the conversation started.

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