CyrusOne is a publicly held REIT (real estate investment trust). The company’s stock briefly dropped about 5 percent earlier today on the ransomware attack news. But shares quickly recovered as it became clear that the attack was limited to a handful of customers in one data center. Still, CyrusOne has not disclosed the size, user base or IT workloads of the customers involved.
CyrusOne runs a sizable data center business. Revenue was $250.9 million for the third quarter, compared to $206.6 million for the same period in 2018, an increase of 21%, the company disclosed in October 2019.
This is a latest in a growing list of ransomware attacks that have hit MSPs (managed IT services providers), cloud service providers (CSPs) and data center companies. The FBI has repeatedly warned service providers that they are prime targets for such attacks.