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City of Dallas has set a budget of $8.5 million to mitigate the May Royal ransomware attack

Security Affairs

The command-and-control beacons allowed Royal to prepare the City’s network resources for the May 03, 2023, ransomware encryption attack.” The City experts believe that the group specifically targeted a prioritized list of servers using legitimate Microsoft system administrative tools. ” continues the report.

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£60 million in recovery costs for Norsk Hydro after refusing ransom demand

IT Governance

On 19 March 2019, Norsk Hydro’s systems were infected with the LockerGoga ransomware. TrendMicro’s analysis into the ransomware found that it was the same system administration tool abused by the likes of SOREBRECT and Bad Rabbit. Cyber security experts and governments urge victims to never pay the ransom.