Rackspace racks up $12M bill in ransomware raid recovery

November 16, 2023 at 04:28PM Rackspace has revealed that its expenses from a ransomware attack last year have now reached $12 million. The attack, initially described as a security incident, disrupted email services for thousands of customers. Rackspace attributed the intrusion to the Play crew, who exploited a critical Exchange bug. The company incurred costs … Read more