Rackspace’s Ransomware Woes: Navigating the Tangible Costs of a Cyber Catastrophe
Cyber Attack Costs Rackspace Millions in Damages and Legal Fees In an unfortunate turn of events, leading managed cloud hosting services company, Rackspace, has recently been hit with a devastating ransomware attack. The attack, which occurred in December 2022, greatly disrupted the company’s email service, impacting thousands of its customers, predominantly small-to-midsize businesses. As a…