Accenture Reveals Information Breach Following A Ransomware Assault

The theft and publication of data offers attackers new extortion opportunities—such as the chance of regulatory sanctions if protected information is made obtainable online. As we stated within the article in regards to the Accenture ransomware incident, the corporate had confirmed the attack to a minimum of one cyber risk intelligence CTI vendor. In conversations seen by the Cyble analysis team, the LockBit ransomware gang claims to have stolen six terabytes of information from Accenture and are demanding a $50 million ransom. Sources familiar with the assault additionally informed BleepingComputer that Accenture confirmed the ransomware assault to at least one cyber risk intelligence vendor. Alicia Hope has been a journalist for greater than 5 years, reporting on know-how, cyber security and data privacy news.

More specifically, after infecting a site controller, the malware implements new group insurance policies. The policies stop antivirus protections from functioning and they execute ransomware. “Through our security controls and protocols, we recognized irregular activity in certainly one of our environments,” stated Accenture spokesperson Stacey Jones. Leading comms tech supplier unveils investment initiative set to spice up UK research capabilities and drive global development of … But several infosec researchers noted that following the release of roughly 2,300 information, the deadline clock for Accenture was reset for Thursday, Aug. 12. By noon, however, the countdown had come and gone, and while some data was released, experts mentioned there was little in the means in which of anything that cybercriminals would have found helpful.

All mental property rights are reserved by the suppliers and/or the trade offering the data contained on this website. Trading in financial instruments and/or cryptocurrencies entails high risks together with the risk of losing some, or all, of your funding quantity, and may not be appropriate for all traders. Prices of cryptocurrencies are extraordinarily risky and may be affected by exterior elements such as financial, regulatory or political events. Discord accounts are being stolen by the model new AXLocker ransomware family, along with performing file encryption, reviews BleepingComputer.

With almost 20 years of writing and reporting on Linux, Mayank Sharma would actually like everyone to assume he’s TechRadar Pro’s expert on the subject. Of course, he’s simply as excited about different computing topics, significantly cybersecurity, cloud, containers, and coding. Notably, whereas LockBit didn’t initially put up any proof of the stolen data, Javers tweeted that the group printed swiss company encryption claims weakness encryption over two thousand paperwork after the expiry of the preliminary countdown. If you favored this text, follow us onLinkedIn,Twitter,Facebook,Youtube, andInstagramfor extra cybersecurity information and topics. The company’s monetary report for the fourth quarter and full fiscal yr, which ended on August 31, 2021, included data concerning the incident.

Novartis, a pharmaceutical company headquartered in Switzerland, has been victimized by keyboard criminals. Hackers pounced on the pharma powerhouse, stealing its information through what seems to be a web-based extortion rip-off. Rockstar confirmed a breach into Grand Theft Auto VI. Over 50 minutes of footage was leaked, taking social media platforms like YouTube by storm. From food supply services to online game corporations, there appears to be no restrict to what these hackers are prepared to do.

Ransomware has shortly become a extra lucrative business model in the past year, with cybercriminals taking online extortion to a new level by threatening to publicly release stolen knowledge or promote it and name and shame victims on dedicated websites. The criminals behind the Maze, Sodinokibi and DoppelPaymer ransomware strains are the pioneers of this growing tactic, which is delivering larger income and leading to a wave of copycat actors and new ransomware peddlers. In the assault disclosed on Wednesday, the hacker group reportedly used LockBit ransomware to target Accenture, which is No. 1 on CRN’s Solution Provider 500 for 2021.

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