It operates aircrafts over routes across Europe and North Africa from 31 bases.
But how easily could it have been avoided and how can firms protect themselves against future attacks? On the face of it, the accepted narrative seems simple. Microsoft issued a patch, or update, for the vulnerability in its older Windows operating systems in March.
If all IT departments everywhere had implemented this patch immediately, the WannaCry ransomware worm wouldn't have been able to run riot across the globe. Complex systems But how easy is it really to keep large, complex computer networks up-to-date and protected?
Nik Whitfield from security firm Panaseer says that for many large businesses, patching their systems isn't a question of turning on "auto-updates" then sitting back and relaxing. This is because some software applications specific to their business might rely on certain versions of operating systems OS.
Updating the OS could affect how those programs function. High-profile patch fiascos have made IT departments wary of automatic patch installations.
Health service providers in the UK and abroad were particularly affected because they were often reliant on old versions of Windows, and also because important medical equipment supplied by third parties - MRI scanners, blood analysis systems and so on - can't be easily upgraded or patched.
Image copyright EPA Image caption A cancer hospital in Jakarta, Indonesia, was hit by the WannaCry malware "Patching a business is like trying to mend a moving vehicle that is made from a hundred different vehicles bolted together.
And the brutal truth is that there are plenty of companies and organisations that simply don't have enough IT staff or take cyber risk seriously enough, argues Mike DeCesare, chief executive of network security firm, ForeScout. Top priorities As well as keeping antivirus, firewall, application and OS software up-to-date, backing up key data regularly to offline hard drives should be a top priority, most cyber experts agree.
This is because data breaches and cyber-attacks are inevitable these days. Cyber-security used to be about building an impregnable wall around your company. But now that hackers seem to be finding weak points in these perimeter defences with increasing ease - largely due to the proliferation of wireless devices accessing the network at home and in the office - focus has moved towards defending critical parts within the network.
Image copyright EPA Image caption French vehicle maker Renault also fell victim to the global attack Everyone else is treated as potentially hostile, even if they work for you. Trend Micro's Simon Edwards warns companies against thinking there's a simple one-size-fits-all solution to these cyber-security challenges.
Erich Litch, chief revenue officer for software marketplace 2Checkout says: Make cyber-security an active part of your strategy, not a reaction to a disaster. Internet of things The worry for businesses everywhere is that the cyber threat is only going to increase as the world becomes more connected and the internet of things IoT accelerates.Ryanair's cost-leadership strategy is based on the intent to outperform competitors by doing everything it can to establish a cost structure that allows it to provide its air travel service at a lower unit cost than they can.3/5(3).
Case Study: Ryanair Business Strategy Analysis Ryanair is an Irish low cost airline headquartered in Dublin founded in It operates aircrafts over routes across Europe and North Africa from 31 bases. May 06, · The following is an expanded version of our magazine portfolio, encompassing further thoughts on global growth, the business metrics that really matter and some pretty good advice.
With a high demand for certain routes like London-New York and room for negotiation in airplane prices and airport slots mainly due to the current financial climate, it is an ideal time to further reap the rewards of the cost leadership strategy that has served Ryanair so well over the years.
May 22, · On the back of that article, Mr. O’Leary sent me a personal letter and also agreed to be interviewed by me about Ryanair’s new programme of customer service initiatives.
Click to launch & play an online audio visual presentation by Prof. Robert Grant on Ryanair: matching the activity system to the strategy, part of a collection of online lectures.