A major manufacturer recently fell victim to a ransomware attack that demanded £1.2 million in exchange for the decryption key. Upon learning about the incident, they promptly reached out to Cyber Regiment, where we quickly mobilised our breach counsel and incident response team to assess and address the situation.

Initially, the manufacturer aimed to restore their systems from backups, but unfortunately, they found their backups were not viable. Faced with the dire prospect of losing £250,000 per day due to operational downtime, they were seriously contemplating paying the ransom—until our Battalion team proposed an alternative solution.

The Battalion team contacted law enforcement in pursuit of a decryption key for the specific ransomware variant involved in the attack. Fortunately, a decryption key was available, and after rigorous testing in a controlled environment, we successfully delivered the key to the manufacturer. Within just one day, they were able to decrypt their systems and quickly resume business operations.

Thanks to Cyber Regiment’s collaboration with law enforcement and strategic partners, the manufacturer successfully avoided a seven-figure ransom payment. They were able to utilise their Breach Response and Business Interruption coverages to cover the costs associated with forensic investigation, notification, breach counsel, data recovery, and business interruption.

With the implementation of the Battalion SecOps platform, we have equipped our client with the necessary tools to proactively detect any potential threats lurking within their network, thanks to our advanced network detection and response system.

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