News and Updates on Information Technology

Canada – Stelco

Exploit: Hacking
Stelco: Steel Manufacturer 

Risk to Small Business: 2.332 = Severe

Major Canadian steel manufacturer Stelco experienced a nasty ransomware attack that brought its operations to a halt. All manufacturing and business operations were briefly shut down, but the company was quickly able to restore its systems.

Individual Risk: No personal data has been reported as impacted in this incident.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: A robust cybersecurity defensive strategy adds extra protections that prevent hackers from slipping through the cracks to devastate your business.