CloudNordic and AzeroCloud, Danish hosting subsidiaries, suffered a severe ransomware attack in August 2023, resulting in complete encryption wipe-out and loss of all customer data. Even though both companies had backup and data protection systems in place, these were not sufficient. The incident highlights the limitations of traditional backup systems in responding to ransomware attacks and underscores the need for rapid detection, response, and robust cyber recovery and disaster recovery systems.
Startup OMass Secures $310M to Advance Drug for Rare Endocrine Disorder
OMass’s molecule is vying to become an alternative to a Neurocrine Biosciences drug that is currently the only FDA-approved therapy for congenital adrenal hyperplasia. But
