Identify one cyberattack that occurred in the last 2 years W

Identify one cyberattack that occurred in the last 2 years. What caused the cyberattack? Do not repeat an example that has been posted previously.

How did the cyberattack impact data loss, financial loss, cleanup cost, and the loss of reputation?  

If you were the manager of this company, what are some key steps you would have taken to prevent cyberattacks and enhance cybersecurity?

Recommend information that should be in the cloud and describe which information should not be in the cloud. Be sure to include in your recommendation your thoughts on preventing cyberattacks, addressing security concerns, or strengthening network infrastructure.

Solution

In the year 2017 till June, 1.9 billion data records were either lost or stolen through 918 digital assaults or cyber attacks. The majority of the attacks were because of Ransomware, a malware that contaminates PCs and limits access to documents in return for a payment.

WannaCry was a ransomware attack that focused on a huge number of PCs in more than 150 nations. The ransomware encrypted the hard drive data of infected PCs and then WannaCry culprits demand money in the form of Bitcoin to provide them the access to the data. WannaCry is considered among the most exceedingly terrible cyber attacks of its kind not just because of its impact but because of the reason behind its working. What stressed the cybersecurity group the most was that the malware attacked the Microsoft Windows working framework using a code which had been created by the US National Security Agency. This code, called EternalBlue, was then stolen and spilled to the world by a group called TheShadowBrokers. While Microsoft had fixed the zero-day helplessness week before the attack, a few frameworks hadn\'t been refreshed and were accordingly left open to the ransomware.

If I would have been the manager of the company then I would have taken insurance for the financial ramification of the cyber attack.