Michael Hiltzik: He Spent 24 Years Building His Business. A Ransomware Attack Blew It to Smithereens
From Los Angeles Times
Fran Finnegan was on vacation in New York just before the Fourth of July weekend when he received a disturbing text message from one of his customers: How come his website was down?
Finnegan quickly searched out a computer to remotely examine his site, which provides access to millions of documents filed with the Securities and Exchange Commission.
There he discovered a disaster unfolding in front of his eyes in real time. Hackers had breached his site’s security and had taken over. He watched helplessly as they encrypted all his files, placing them beyond reach.
To be fair to the Times, this story was published yesterday and so maybe at the time it was written this paragraph was true?
Since the pipeline shutdown, there have been no long lines at gasoline stations, and because many traders expected the interruption to be brief, the market reaction was muted. Nationwide, the price of regular gasoline climbed by only half a cent to $2.97 on Monday from Sunday, even though the company could not set a timetable for restarting the pipeline. New York State prices remained stable at $3 a gallon, according to the AAA motor club.
Except it definitely wasn’t true even yesterday according to this story from CNN. There was a huge surge in buying yesterday.
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