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Home Incidents

Mayberry Investments Faces Ransomware

June 4, 2023
Reading Time: 2 mins read
in Incidents
Mayberry Investments Faces Ransomware

Mayberry Investments revealed in a recent statement that it has successfully regained full access to all its data, some of which had been compromised in a ransomware attack. The investment firm emphasized that it did not pay any ransom in response to the cyberattack, demonstrating resilience against extortion demands commonly associated with such incidents. Clients who may have been affected were promptly notified, and the company affirmed that business operations for these clients remained unaffected during the recovery process. Mayberry Investments also disclosed that it has engaged its legal team and informed the Jamaica Constabulary Force to address the cyberattack through legal channels.

The release further clarified the nature of ransomware, describing it as a cyberattack that prevents system owners or users from accessing their data, coupled with demands for significant ransom payments in exchange for restoring access. Despite the severity of the attack, Mayberry Investments assured stakeholders that their data security measures were effective, allowing clients to conduct their business without disruptions. The decision not to pay the ransom underscores the company’s commitment to safeguarding its data and financial integrity. Mayberry Investments’ proactive approach in involving legal authorities signals a determined response to ensure accountability and prevent future cyber threats.

Reference:
  • Mayberry regains full access to data following cyberattack
Tags: Cyber incidentCyber Incidents 2023JamaicaJune 2023Mayberry InvestmentsRansomware Attack
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