Attacked by Ransomware, Many Companies Opt to Pay Up

Lavern Vogel

It’s like the plot of a James Bond movie: Hackers take control of a global organization’s computer systems and threaten to destroy its records, steal its intellectual property, and drain its bank accounts unless a hefty ransom is deposited into an untraceable offshore bank account by the end of the day.

Except instead of Agent 007 suavely tracking down the anonymous would-be thieves and saving the organization from ruin, its leaders give in — and pay the ransom.

To a little-noticed but alarming degree, so-called “ransomware” attacks on governments, businesses, and other entities jumped last year. In all, they rose 41% from 2018 to 2019 to more than 205,000 globally, according to newly published data.

Every organization is vulnerable, regardless of size, geography, or industry. Although not all firms pay, the security firm Coveware estimates the average payout for those that did was about $85,000 during last year’s fourth quarter,

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S/4 HANA Migration Really Doesn’t Have to Be that Complicated

Lavern Vogel

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Eight ideas to acquiring success…

The clock is ticking, as we shift ever closer to the deadline of 2027 for migrations about to the most important update to SAP’s HANA, writes Nick Parkin, Commence Team. There is reluctance among the SAP client community to make S/four HANA Migration. In truth, results of the hottest SAP yearly member survey located that fifty eight per cent didn’t intend to make the shift to S/four HANA within just the subsequent two a long time, and yet another 27 per cent had been going to hold out a few.  Of these keeping back, most cited complexities in tackling the shift as the most important result in for problem.

The value of SAP’s hottest system is continue to vastly powerful – an IDC survey of 300 SAP consumers located just lately that consumers had been eager to consider edge of the AI/Automation

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