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Defenx Plc

Council hit by cyber attack reveals £2m cost

A Cumbrian council has said it will “never know” whether it was the target of a cyber attack because it is host to the Sellafield nuclear waste plant.

Copeland Borough Council has revealed that an attack on its systems in August 2017 has cost it about £2m. The hack locked staff out of a number of council services, including payroll, planning and environmental health.

Copeland, Islington and Salisbury councils were all targeted in the Bank Holiday cyber attack, in which hackers demanded a bitcoin ransom to regain access to encrypted files. No sensitive data was taken.

 

Defenx PLC (LON:DFX), founded in 2009 and listed on the London Stock Exchange, is an up-and-coming company in the mobile security sector which offers a wide range of solutions for the protection of smartphones, desktop PCs and laptops. 

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.