Snake Ransomware Hits Major European Healthcare Company's Systems
IT systems belonging to Fresenius, a European healthcare conglomerate, were hit with ransomware earlier this month. The ransomware used in the attack has been identified as Snake, which has recently been used in attacks against a variety of large businesses.
The healthcare industry is a target of choice for extortion attacks. Within the industry, attacks succeed against targets of opportunity. Healthcare enterprises should raise the cost to their attackers high enough not to be targets of opportunity. "Targets of opportunity" are, almost by definition, on the flat part of the security cost curve where one can get a significant reduction in the cost of losses for every dollar spent.
William Hugh Murray
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