- July 9, 2021
- Posted by: Stratford Team
- Category: Business
Happier days: Fran Finnegan, with the canary-yellow Corvette his wife gave him for his 70th birthday, just before his SEC Info website was trashed by ransomware hackers. (Fran Finnegan)
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.
Ransomware is everywhere. There isn‘t a single industry that isn’t dealing with this problem right now. It’s not a fair fight.
Cybersecurity expert Brian Krebs
“As soon as I could, I shut them off,” Finnegan, 70,…
