CloudNordic goes under
How bad can ransomware be? Last year the Danish cloud hosting company CloudNordic suffered a particularly vicious attack.
Eight months later they’ve gone bankrupt and have closed down. Addressing the risk with insurance wouldn’t have worked in this case.
[Translated] “Danish CloudNordic goes bankrupt after major ransomware attack After a large-scale ransomware attack about a million-dollar ransom demand”
(My Danish is non-existent and I can’t link around the paywall