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 Heritage Company was no longer financially solvent and chose to temporarily shutter its operations. The company may try to reopen if systems can be restored, but it appears likely that the institution, which existed for 60 years, was put out of business by a ransomware attack.

https://www.infosecurity-magazine.com/news/us-biz-closes-doors-after/

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