
The Growing Threat of Ransomware Attacks: Rackspace and the Cost of Cleanup
Rackspace Faces Costly Fallout from Ransomware Attack Introduction Rackspace, a leading provider of managed cloud hosting services, has found itself grappling with the aftermath of a ransomware attack that occurred in December 2022. The attack, orchestrated by the Play ransomware group, targeted a zero-day exploit within the Microsoft Exchange server. As a result, thousands of…