Network Monitoring Company Users Affected by Hacking Campaign

Network monitoring company LogicMonitor confirmed today that some users of its SaaS platform have fallen victim to cyberattacks.
The company says that the hacking campaign has hit what it describes as a "small number" of users and is working with those affected to mitigate the attacks' impact.

While LogicMonitor did not confirm that ransomware attacks hit its affected customers, anonymous sources familiar with the incidents told BleepingComputer that the threat actors hacked customer accounts and "were able to create local accounts and deploy ransomware."

Estimated Cost

No cost values disclosed.

Threat Source

Impacts

IT