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AcctTwo Blog

WannaCry: Yet Another Example of Why SaaS Is the Best Answer to Security Questions

We've written before about ransomware attacks back in February of 2016 and again in April of that year. In those cases, the attacks were relatively small and isolated to individual hospitals or healthcare networks. The recent "WannaCry" attack that began on Friday, May 12, however was massive and was reported to have infected more than 230,000 computers in over 150 countries. The attack was aimed at Windows operating systems, particularly older versions. For the uninitiated, ransomware is a malicious software virus that blocks access to the infected computer or network's data or threatens to publish or delete it until a ransom is paid, often in the untraceable cryptocurrency, Bitcoin.

Topics: Cloud Computing / SaaS cyber-attack cloud adoption ranswomware

Hacker Attack on US Hospital Chain Highlights Lack of Cloud Adoption

MedStar, one of the largest hospital chains in the US, crippled by cyber attack

Washington, D.C Area - March 30th, 2016 - While MedStar, the company that runs 10 hospitals in the Washington, D.C. area, has not officially confirmed it was a "ransomware" attack, employees have come forward describing messages on their computers asking for roughly $19,000 in Bitcoins, and giving the company just ten days to pay up. This situation is strikingly similar to a story from just over a month ago, when Hollywood Presbyterian Medical Center paid about $17,000 in Bitcoins to regain access to some of its systems.

Topics: Healthcare Industry cyber-attack cloud adoption ranswomware

Ransomware Attack on Hospital Reinforces the Virtues of the Cloud

The myth that the closer you keep your sensitive data, the safer it is, has once again been proven wrong. Last week, reports surfaced that Hollywood Presbyterian Medical Center in Los Angeles suffered a "ransomware" attack, locking employees out of critical IT systems.

Topics: Security Security and Performance Costs hacker ranswomware