Another of the world’s major manufacturers was laid low recently by a ransomware attack. Production at ASCO, the giant Belgian airplane parts maker, has been halted for over a week with no end in sight. Nearly 1,000 employees have been sent home on paid leave while the company struggles to restore critical systems frozen by the malware assault.
Unfortunately, the fate of ASCO has been shared by many organizations that are ill-prepared to combat the world’s deadliest malware threat. The incident reflects a number of major trends in the ongoing struggle between cybercriminals and their targets in the public and private sector.