Rackspace Ransomware Costs Soar to Nearly $12M
November 15, 2023 at 04:48PM Rackspace Technology has incurred significant expenses and losses following a ransomware attack on one of its Microsoft Exchange servers. The incident costs have reached eight figures, with expenses for recovery totaling at least $6 million. Additionally, the company has already suffered losses of over $10.8 million and faces lawsuits. Despite … Read more