Summary: Southern Water, a UK water supplier, reported a £4.5 million loss due to a cyberattack in February 2024 attributed to the Black Basta ransomware gang. The company estimated costs include cybersecurity measures and potential legal repercussions, although its operations were not severely affected during the breach. Notably, Southern Water allegedly negotiated with the attackers over a ransom payment amidst the incident.
Affected: Southern Water
Keypoints :
- Southern Water reported a £4.5 million cost as a result of the cyberattack.
- The Black Basta ransomware gang claimed responsibility for the intrusion.
- Data from the company’s servers was stolen, prompting engagement with cybersecurity experts and legal advisers.
- Southern Water proposed a ransom payment of £750,000, down from an initial demand of .5 million.
- The company maintains continuous monitoring for data leaks linked to the attack.