Home » HSE Cyber-Attack Costs Ireland $83m So Far

HSE Cyber-Attack Costs Ireland $83m So Far

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The cost of the cyber-attack that hit the Irish Health Service Executive (HSE) last year has officially reached EUR80m ($83.75m).

The figures come from a letter from HSE chief information officer Fran Thompson sent to Aont? leader Peadar T?ib?n last Friday.

The missive, viewed by The Irish Times, comes months after the Department of Health suggested in February the attack could end up costing up to EUR100m ($104m).

Now, Thompson confirmed that the costs reached EUR42m ($43.97m) in 2021 and almost EUR39m ($40.83m) until October of this year.

“Ireland has a very capable national cybersecurity center and a well-oiled CSIRT team that engages the public/private sector,” said Andrew Barratt, vice president at Coalfire.

“If the cost does continue to escalate to EUR100m, we have to look at that in perspective and its equivalent to everyone in the Republic of Ireland having been defrauded by EUR20.”

According to The Irish Times, T?ib?n said the costs were “enormous,” and asked for the government to complete a comprehensive assessment of the impact caused by the breach.

The cyber-attack, believed to have been conducted by Russia-based state actors, was reportedly caused by a malicious Microsoft Excel file delivered via a phishing email.

According to a December 2021 report, the file was opened at an HSE workstation in March 2021. The malware would have been latent for two months before the breach, which was reportedly discovered in May, two months later.

A total of roughly 100,000 people had their personal data stolen during the cyber-attack.

“Healthcare continues to be a target of attacks given their enormous attack surface across critical applications, cloud environments and IoT devices,” commented Dave Gerry, chief operating officer at Bugcrowd.

According to the executive, ensuring critical applications, devices and systems are secure should remain the main priority for healthcare security professionals.

“Bad actors understand the critical nature of the systems supporting healthcare organizations and the human impact behind it, leading to an increased likelihood of ransom payments,” Gerry added.

The news comes a couple of months after a study by Obrela Security Industries suggested more than four-fifths of UK healthcare firms suffered a ransomware attack in the last year.

Source: Read More

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