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Ransomware, Regret, and a $96K Lesson: What SamSam Taught One Business About Cybersecurity

Backups. Remote access. Ransomware policies. These aren’t just IT buzzwords — they’re the difference between recovering from an attack or losing your business overnight.

This is a true account. No names, just the facts. If you’re looking for “cybersecurity services near me,” “endpoint protection,” or wondering whether you “cybersecurity insurance for business” will actually cover you — keep reading.

 

Strike 1: Bad Backups

A business we’ll call Company X got hit with SamSam ransomware, and their backup strategy was straight out of 2003.

  • They used file-based backups, not image-based.
  • The malware encrypted their live files and their backup files.
  • No restore points. No safety net.

They had no choice but to pay the ransom.

 

Strike 2: Open RDP Access

To help a remote facility, a busy admin opened RDP (Remote Desktop Protocol) access to all IP addresses — essentially putting a “Welcome Hackers” sign on their firewall.

  • No endpoint detection
  • No multifactor authentication
  • No Security Operations Center (SOC) monitoring

That’s how SamSam got in. Not through a genius — through a crack left wide open.

 

Strike 3: A Public Ransom Policy

The private equity firm backing Company X had a documented policy:
“If we get hit with ransomware, we pay.”

Guess who found out? The attackers. They asked for 6 Bitcoin (then worth $46,000).
Company X also paid a “recovery” firm $50,000 to decrypt and clean up the infection.

Total Cost: ~$96,000 + operational downtime.

 

The Real Fixes That Would Have Prevented All This

Let’s break it down with real-world security tools:

Problem Solution
Weak backups Cloud-based, image-level backups
Open remote access Secure VPN with MFA & endpoint protection
No early detection SIEM and EDR for business
Human error risk Phishing training, email security, web monitoring
No incident plan Cybersecurity implementation + disaster recovery strategy
Over-reliance on insurance Policy support + security operations alignment

 

How HawkPoint Technologies Can Help

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We’re not just an IT security provider — we’re a cybersecurity implementation partner. That means:

  • Real-world cybersecurity support services
  • Multifactor Authentication (MFA) with tools like Duo
  • Dark Web Monitoring
  • Business-ready cloud security solutions
  • SIEM, SOC, and endpoint detection — made simple
  • Cybersecurity insurance guidance that aligns with reality

 

 

Stop Hoping You’re Safe. Start Knowing You Are.

Ransomware like SamSam is a business model. Your defense should be too. If you’re looking for cybersecurity for your business, let’s talk.

Fill out our form to chat or call us directly at 920-882-8720.

Link to the full article, written by HawkPoint’s President/CEO here 👉 “Play It Again, SamSam”.

 

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