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Cyberattacks in Atlanta likely to be the most damaging in US municipal history
It was only this past March that the city of Atlanta was hit by a massive ransomware attack. However, city officials are claiming an additional $9.5 million dollars is required for the ongoing recovery effort. As the city struggles to restore normal and secure operations, many are wondering how high the total bill for the restoration will get.
When the city first took action in April, costs very quickly reached nearly $3 million. A recent Reuters report called the attack “the worst cyber assault on any US city” and noted the following implications:
Worse Than It Seemed: Additional Time and Money Required for Atlanta Restoration
However, with the recent request for an additional $9.5 million in recovery funding, it’s becoming quite clear that the scope of municipal government services implicated in the attack is far larger than these earlier reports suggested. According to city officials, the additional funding will be used to rebuild applications and restore services disabled or destroyed by the ransomware catastrophe. Not to mention, this $9.5 million request is in addition to the $35 million allotment the municipal IT department will be making in the annual budget.
Funding allotments have yet to be finalized and decided, and Atlanta’s 2019 municipal budget process was postponed in light of the massive cyberattack. Atlanta Mayor, Keisha Lance Bottoms announced her administration’s commitment to determining the root cause of the attack, as well as its overall impact on municipal operations. However, with such a large attack and a new fiscal year beginning on July 1st, the city is still struggling to respond strategically.
Maybe the Worst, But Not the First: Municipalities Increasingly Hit by Cybercrime
Atlanta isn’t the only municipality to be struck by cybercrime in recent memory. Though the scope of the Atlanta attack may be record-breaking, attacks on US cities aren’t a singular phenomenon. Just in the last two years, government departments in Rhode Island and North Carolina have made headlines. Not to mention countless attacks on emergency service departments in cities across the country.
So, the question becomes: if municipal and governmental departments are struggling, how can business professionals ensure their own data isn’t sitting prey for cybercriminals? Staying proactively informed is a great first step. Communicating with your team and developing cybersecurity best practices is even better. But even with these best intentions leading the way, cities, governments, and businesses are still at risk for data loss.
Full Throttle Response: Why Consulting an IT Security Expert Makes All the Difference
More and more, IT partners and managed security service providers (MSSPs) are playing a vital role in helping businesses – and governments – stay secure and protected. In fact, two award-winning MSSPs – Secureworks and EY – have been at the forefront of Atlanta’s recovery effort.
However, in an age of cost reduction, professionals are often wary about hiring external partners to do jobs they think they can manage themselves. This is understandable, and to some extent, business professionals do have resources available to help mitigate cyber risk on their own. The problem is, cybercrime is incredibly unpredictable. Standalone automated solutions simply don’t measure up to the reliability and expertise offered by IT security trade professionals.
Partnering with a managed IT security provider offers countless benefits, including:
Making Moves: Take Action Before Cybercrime Hits Your Company
Overall, partnering with an expert increases the chances of keeping business networks and servers unpenetrated. Partners provide a wealth of information and resources that help business professionals stay focused and productive while remaining vigilant in the face of cybercrime. This helps team members better identify threats as they occur and respond accordingly to keep them from escalating out of control.
Looking to tighten your cybersecurity effort but not sure where to get started? Desperate to avoid the potentially massive costs of ransomware restoration? Reach out to a team of IT professionals today. A team of experts will do whatever it takes to ensure your data is as secure as possible. Even better they’ll make you feel empowered to be your own cyber security hero.