United Kingdom water supplier Southern Water has disclosed that it incurred costs of £4.5 million ($5.7M) due to a cyberattack it suffered in February 2024. [...]...
Read Full Article »Southern Water says Black Basta ransomware attack cost £4.5M in expenses
Discussion Points
- This content provides valuable insights about the subject matter.
- The information provides valuable insights for those interested in the subject matter.
- Understanding the subject matter requires attention to the details presented in this content.
Summary
In February 2024, Southern Water suffered a devastating cyberattack that has resulted in significant costs. The water supplier has disclosed that it incurred 4.5 million in damages due to the attack.
This cyberattack highlights the potential risks associated with critical infrastructure being compromised by malicious actors. Such incidents can have far-reaching consequences, affecting not only the organization but also its customers and the wider community.
Southern Water is now taking steps to address the incident and prevent similar occurrences in the future. The financial implications of this attack will likely be passed on to consumers, emphasizing the need foobust cybersecurity measures to protect critical infrastructure.