Johnson Controls says ransomware attack cost $27 million, data stolen
TECH · MEDIA
January 31, 20242 min read411 words
Published: January 31, 2024  |  2 min read411 words
Johnson Controls International has confirmed that a September 2023 ransomware attack cost the company $27 million in expenses and led to a data breach after hackers stole corporate data. Johnson Controls is a multinational conglomerate that develops and manufactures industrial co...
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Surface Level
Jan 31
Poor reporting. A brief description of a ransomware attack, followed by a dutiful recitation of a public document where the company admits losses of $27m. Uh.... what did they spend on the money on? This article provides NOTHING more than what anyone reading the SEC disclosures could have found out on their own. No investigation whatsoever into whether the hackers were caught, whether the ransom was paid, whether the stolen data was used to compromise other companies or customers. Just mindless stenography. Pathetic.
Jan 31
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