A ransomware attack on New Orleans has racked up at least $7 million in financial damage to The City That Care Forgot, its mayor said.
New Orleans was able to get back $3 million through a cyber insurance policy, the mayor told WVUE, which also cited Chief Administrative Officer Gilbert Montano as saying the city has an IT backlog in the wake of the December attack.
“Now, we’re in the stabilization period,” Montano said. “We are trying to rebuild what we had to turn off essentially and that is a long, laborious, time-sensitive process and that’s where I am telling staff and employees we’re looking maybe at a six to eight month window before actual normalcy starts to integrate all of our systems.”
Please register to continue.
Already registered? Log in.
Once you register, you'll receive:
-
News analysis
The context and insight you need to stay abreast of the most important developments in cybersecurity. CISO and practitioner perspectives; strategy and tactics; solutions and innovation; policy and regulation.
-
Archives
Unlimited access to nearly 20 years of SC Media industry analysis and news-you-can-use.
-
Daily Newswire
SC Media’s essential morning briefing for cybersecurity professionals.
-
Learning Express
One-click access to our extensive program of virtual events, with convenient calendar reminders and ability to earn CISSP credits.