The #DiSH “internal system outage”, as they described to shareholders on results day, turns out to be due to a #ransomware attack they’re still recovering from, with data exfiltrated. We only know as they were legally required to disclose to regulators.
https://techcrunch.com/2023/02/28/dish-cyberattack-personal-data-theft/
For anybody interested, here is DISH share price - where it starts falling was the start of the ransomware incident.
There’s a similar fall on Rackspace, which also had a ~50% share price fall and hasn’t recovered.
I’ve been tracking a range of big ransomware incidents recently, there’s a new pattern emerging where when firms try to obfuscate what happens from investors, they flee. It’s pretty wild.