Access

Share
Share

50 MILLION RANSOM DEMANDED BY HACKERS FROM SAUDI ARAMCO, THE WORLD'S LARGEST OIL PRODUCER

50 MILLION RANSOM DEMANDED BY HACKERS FROM SAUDI ARAMCO, THE WORLD'S LARGEST OIL PRODUCER

The Saudi Arabian Oil Company, also known as Saudi Aramco, is the world's largest oil producer. 

This oil giant has been robbed of a terabyte of corporate data by a group of hackers in a ransomware attack. In fact, the cybercriminals demanded a redemptionto get the data back, of as much as $50 million in cryptocurrencies.

In the ransom demand, the criminals also indicated that they were willing to sell the stolen data not only to the company that owned it, but to anyone willing to pay that amount. 

During another attack, also on Aramco, the 'Shamoon' virus erased three quarters of the company's data, replacing it with the image of a burning American flag. The company was forced to shut down its internal corporate network to prevent the virus from spreading.

According to the World Economic Forum, 80% of computer security experts consider ransomware to be a dangerous and growing threat. 

Also according to the World Economic Forum, the real danger is for small and medium-sized enterprisesIf a company as big as Saudi Aramco has difficulty in responding to these huge ransom demands, how can a small and medium-sized company defend itself?

If you have an SME, even if they didn't ask you for 50 million ransom, but for a more proportionate sum such as 50,000€ to get back your company's sensitive data, could you handle the financial damage? 

Unfortunately, the only way to defend yourself against cybercriminals when you have a small or medium-sized business is to prevent attacks and insure yourself against the resulting damage.  

To protect and insure your business, you can register for free on our platform.

RESOURCES FOR YOU

Download Free Guide

In our guide you will learn how to secure a small or medium-sized business, from an IT point of view, and how to protect yourself from attacks on the internet.

Related items

Poste Italiane and Cyberangels: A Collaboration for Italy's Digital Future

The Hero versus the Villain: how SMEs can avoid cybersecurity mistakes in web application development

This is the story of one of our clients, a small consulting company in the pharmaceutical sector, and how it ran into difficulties after developing a web application to provide technical services to its customers

The importance of supplier cyber risk management in the NIS2 era

The implementation of the NIS2 Directive is now live -and it will have a strong impact on how companies manage supplier risk in the coming years.

Your company finally protected and secure.

We offer protection and insurance tailored to your company and your level of risk.
Registration free of charge.

Contact us for more information