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Tag Archives: technology

What The Board Needs To Know

What to Think About: WSJ Pro reported that following a February 2022 cyber attack, global logistics business Expeditors International of Washington Inc. shut down much of its network to prevent further damage. The three-week outage resulted in serious operational disruption and led to many customers’ goods not being shipped. One …

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Royal Mail turned down £66m ransom demand from Lockbit hackers

Ransomware is malicious computer software that encrypts, or scrambles, files on victims’ computers. The criminals behind the software then demand a ransom in hard-to-trace cryptocurrency as the price for decrypting the files. A Royal Mail spokesman said: “As there is an ongoing investigation, law enforcement has advised that it would …

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