Cybersecurity

United States – The Heritage Company

An October ransomware attack ultimately forced The Heritage Company to close its doors. Shortly before Christmas, the company informed the staff that their operation was no longer tenable, even noting that the CEO was paying salaries out-of-pocket in an attempt to keep business going while systems were unavailable. Unfortunately, three months after the attack, The…

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Cybersecurity

United Kingdom – London Stock Exchange

Authorities are reexamining an August outage at the London Stock Exchange that was initially attributed to a software glitch. The disruption prevented traders from buying or selling shares for more than 90 minutes, and impacted prices on two stock indexes. The incident could have been caused by hackers trying to destabilise markets for their own…

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