We Were Hacked! Cyber Attack Causes Total Business Disruption

Business Practices Committee

A Member-Firm with multiple offices became the victim of foreign hacking enterprise. When an employee of the firm opened an email from an unsuspected contact, and clicked on a link, the hackers reached the Firm’s management systems. Once they got access to the systems, the infiltrators spent months learning about the operations, information storage and data, unbeknownst to anyone. After obtaining and securing all that they needed, they locked the access to the IT systems, including emails and files and demanded seven-figure sum of money to release the records.

What happens next?

Case Histories are real-life stories about GBA member-firm experiences. They provide background, problems, outcomes, and lessons learned. There is no easier way to learn expensive and time-consuming lessons than from others that went through the pain first and shared their experiences so we can all learn.

GBA Case Histories are free to all members.

Download Case History #109: HERE