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Learning from Entercom’s Ransomware Attack

| September 17, 2019

by Steven J.J. Weisman
Legal Editor
TALKERS magazine

 

BOSTON — Although not officially confirmed by the company itself, numerous reports indicate that media giant Entercom Communications has suffered a ransomware attack by unknown cybercriminals demanding a reported $500,000 ransom that the company is refusing to pay.  One of the more interesting aspects of this ransomware attack is the amount of the demand, which is much higher than most ransomware demands.  According to security company Coveware, the average demand this year is $12,762 — double the average demand in 2018.

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