“Norsk Hydro set the example for the industry in this incident,” Doerr says. It is only now, nearly five months after the initial cyber attack took place on March 19 that investors, stakeholders and company employees are finally able to place a total cost on the Norsk Hydro cyber attack. “What would you get from paying a ransom in such an attack?” Gimnes Are asks. “This Trojan software was discovered by our antivirus a few days later. For Aasheim, it is only a matter of time. “Paying the ransom will not help you out of the situation. This site uses cookies for analytics, personalized content and ads. Two workers at a Norsk Hydro plant in Portland, Oregon manually operate machines to produce specific customer orders during the initial phase of the cyberattack. Executives handwrote signs warning of the cyberattack, photographed them with their smart phones and texted the images to managers at Norsk Hydro plants and offices around the world. In Hungary and Norway last March, DART members helped Norsk Hydro develop safe processes to restore their servers with an improved security posture. And yet, despite these staggering costs, say regulators and law enforcement authorities such as the Norwegian National Security Authority, it is far better for any company attacked by hackers to weather the storm than to pay the ransom. Clearly, what happened at aluminum producer Norsk Hydro qualifies as a major cyber attack, so it will be interesting to see if Norsk Hydro actually receives any compensation from AIG, the company’s lead insurer. “Preliminary data shows that external sales volumes in Extruded Solutions fell to 333,000 tonnes in the first quarter from 362,000 tonnes in the same quarter last year,” Hydro said in a statement. And, according to the latest IBM Security report, the cost of a data breach has actually increased by 12 percent over the past five years, to $3.92 million on a global basis.
“You will potentially get back your encrypted data – if the attacker gives you the key. The ransom note to Norsk Hydro. Do not turn on any devices connected to the Hydro network. Required fields are marked *. The company’s Extruded Solutions unit, which turns slabs of aluminum into finished products for car manufacturers, construction companies and others, was affected the most by the cyber attack. .css-1hlxxic-PromoLink:link{color:inherit;}.css-1hlxxic-PromoLink:visited{color:#696969;}.css-1hlxxic-PromoLink:link,.css-1hlxxic-PromoLink:visited{-webkit-text-decoration:none;text-decoration:none;}.css-1hlxxic-PromoLink:link:hover,.css-1hlxxic-PromoLink:visited:hover,.css-1hlxxic-PromoLink:link:focus,.css-1hlxxic-PromoLink:visited:focus{color:#B80000;-webkit-text-decoration:underline;text-decoration:underline;}.css-1hlxxic-PromoLink:link::after,.css-1hlxxic-PromoLink:visited::after{content:'';position:absolute;top:0;right:0;bottom:0;left:0;z-index:2;}Huge aluminium plants hit by 'severe' ransomware attack, Republican leader promises 'orderly' transition. It is only now, nearly five months after the initial cyber attack took place on March 19 that investors, stakeholders and company employees are finally able to place a total cost on the Norsk Hydro cyber attack. Norsk Hydro notes that the cyber attack impacted 22,000 different computers in 40 different countries, across 170 different sites. The Oslo-based firm, one of the world’s largest producers of the light-weight metal, was forced to halt some production on March 19 and switch other units to manual operation after hackers blocked its systems. But that was already too late.
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