Malware and ransom cyber attack at utility company


US utility company falls victim to a ransomware attack which initially costs the business just $25k. However, improving its control environment and implementing new security infrastructure ends up costing the business over $2 million.

The event acted as a wake-up call for the business and provided the impetus to enact a range of security improvements that their IT and InfoSec teams had been requesting for many years.

This case study includes a breakdown of the security improvements and the costs associated with each.

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Courtenay Brammar

Experienced global enterprise risk and governance professional. Previously Vice President at Morgan Stanley, Deloitte Risk Advisory practitioner and PRMIA steering committee member in both London and New York.

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