Manchester United, valued £3.15 billion in 2019, is third-most valuable football club in the world. Cyber criminals are more sophisticated and better funded than ever, putting large organizations at risk—no matter the industry.
Facts
On Friday, November 20th, Manchester United confirmed a cyber attack. Their official statement included assurances that no personal data appears to be compromised and that immediate action was taken to identify and shut down affected systems. Further, the cyber attack did not prevent Saturday’s match against West Bromwich in which Manchester United eked out a 1-0 victory.
Cyber security experts are giving another win to the club for its handling of the breach. It is believed that the hacking group who breached Manchester United is a sophisticated organization which carried out a complex hack. However, Manchester United credits its cyber policies and procedures—and testing of those best practices—for the minimal impact the attack had. Cyber experts agree. Man. United is being praised for its quick response to the threat and transparency surrounding the incident. An incident response plan was followed, which helped quickly disseminate information to key stakeholders and investigators.
Related: Monitor and Identify Malicious Hackers Before They Cripple Your Organization
Sports organizations are wealthy, international enterprises with a large digital presence and several facets of business. All of these features make them prime targets for sophisticated cyber criminal activity. In the case of Man U., while not explicitly stated, evidence such as the shutting down of integral IT systems suggests a ransomware attack or double extortion attack. A double extortion attack includes both the threat of encrypting enterprise systems into uselessness an ..
Support the originator by clicking the read the rest link below.
