Ransomware recovery to cost Irish health service $600 million

Paul Reid, chief executive of Ireland’s Health Service Executive, said that the recovery cost for the ransomware attack that hit the Irish health service system on May 14 is estimated at $600 million, Bank Info Security reported. The attack, attributed to the Conti ransomware gang, severely affected the health service system. The gang had demanded a ransom of $19 million for providing the decryptor key.

Source: Business Insurance