article thumbnail

Lessons Your Business Can Learn from Colonial Pipeline Cyberattack 

LAN Infotech

This includes information like credit card information, medical records, bank account credentials, and Social Security numbers. Cybercriminals also attack small businesses through their IoT devices and computers and recruit them into an army of bots. Your business needs up-to-date technology solutions to perform at optimum.

article thumbnail

What The Pipeline Oil Ransomware Attack TAUGHT Us

Assurance IT

There was a point in time when you had to hold up a bank to steal money. However, now hackers are attacking businesses from the comfort of their own homes. A source also reported to CNBC that The Colonial paid almost $5,000,000 as a ransom to regain access to its systems. Why Did This Criminal Group Do IT?