2024-01-07
@britishlibrary will drain about 40 per cent of its reserves to recover from a cyber attack. It refused to pay a £600K ransom. It will spend about 10X times that rebuilding most digital services @FinancialTimes https://www.ft.com/... @CILIPinfo
Financial Times
Source: the British Library will spend £6M-£7M, or 40% of its reserves, to recover from an October cyberattack that rendered most of its services inaccessible
Horrible as this story is, I am more shocked that GBP 6-7 M constitute a whopping 40% of the British Library's reserves. If that's the case, it's a wonder. A national treasure th...