Monday, October 24, 2016

Last Friday's Disruption may have cost companies $110 million or more in revenue

As a result, throughout the day Friday many users were unable to connect to popular platforms like Twitter, Netflix, Spotify and the Financial Times in various parts of the U.S. and Europe -- mainly the American northeast and the U.K.
Software IT company Dynatrace monitors more than 150 websites, and found that 77 were impacted Friday. The disruption may have lost companies up to $110 million in revenue and sales, according to CEO John van Siclen.
The FBI said Friday that it was "investigating all potential causes of the attack," and the U.K.'s Home Office said it was looking into the matter.
So far, no one has pointed a finger at a particular group or nation.
"It's too soon to know," Doug Madory, a director at Dyn told CNNMoney.

end partial quote from:
Related story: Massive cyberattack turned ordinary devices into weapons 

The thing to understand about something like this is when this amount of money is lost, contracts get made and people in free nations responsible for this much loss sometimes disappear. It's just a part of doing business here on earth. And anyone knowledgeable enough knows this. 

And on a larger scale we are in a cyberwar with Russia and none of us knows for sure how this all is going to end at this point. However, the day after election day we might have a better sense of where this all is leading worldwide. 

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