Business Archives - Page 4 of 5

Cyber Attack at Entrust Security Provider

June 18, 2022

Minneapolis, MN-based security provider, Entrust, suffered a cyber attack last month where some data ended up stolen.
Entrust provides security solutions for user and machine identities, payments, and digital infrastructure.
Todd Wilkinson, entrust president and chief executive released a statement discussing the incident.
“I am writing to let you know that on June 18, we learned that an unauthorized party accessed certain of our systems used for internal operations. We have been working tirelessly to remediate this situation since that moment.”

Business Services Firm Hit in Ransomware Attack

July 20, 2021

Business services provider, Morley Companies Inc., just disclosed a ransomware attack and data breach it suffered this past summer affecting over 500,000 workers.
Saginaw, Michigan-based Morley suffered the attack on July 20 last year, according to a report filed with the Maine Office of the Attorney General. The company, which said it discovered the attack January 26, offers business services to Fortune 500 and Global 100 firms, including meeting management, back-office processing, contact centers, and the creation of trade show exhibits.

Accenture Back Up After Ransomware Attack Report

August 11, 2021

Accenture said it has fully restored certain affected systems, after a hacker group attacked the consulting firm using LockBit ransomware and threatened to release the data in several hours.
“Through our security controls and protocols, we identified irregular activity in one of our environments. We immediately contained the matter and isolated the affected servers,” Accenture said in a Wednesday statement. “We fully restored our affected systems from backup, and there was no impact on Accenture’s operations, or on our clients’ systems.”

Supply Chain Attack Guidance Released

July 2, 2021

While the supply-chain ransomware attack Friday leveraging a vulnerability in Kaseya VSA software against multiple managed service providers (MSPs) and their customers remains under investigation, small- to midsize manufacturing companies could feel the impact.

Insurance Carrier Suffers Ransomware Attack

May 16, 2021

AXA Partners, the international subsidiary of AXA insurance group, ended up hit by ransomware attacks in four countries, company officials said.
The attack comes on the heels of AXA, among Europe’s top five insurers, saying it will stop writing cyber-insurance policies in France that reimburse customers for extortion payments made to ransomware criminals. The Paris-based group said it was suspending the option in France only in response to growing concern that such reimbursements encourage cyber criminals to demand ransom from companies they prey on, crippling them with malware. Once victims of ransomware pay up, criminals provide software keys to decode the data.

‘Sophisticated’ Attack Hits Cyber Insurance Provider

March 21, 2021

Insurance provider Chicago, IL-based CNA Financial ended up hit by what it called a “sophisticated” cybersecurity attack on Sunday, company officials said.
“On March 21, 2021, CNA determined that it sustained a sophisticated cybersecurity attack. The attack caused a network disruption and impacted certain CNA systems, including corporate email,” the company said in an advisory.
The Chicago-based company paid the hackers about two weeks after a trove of company data was stolen, and CNA officials were locked out of their network, according to two people familiar with the attack who asked not to be named because they weren’t authorized to discuss the matter publicly.

Sierra Wireless Hit by Ransomware Attack

March 20, 2021

Manufacturing shut down for IoT solution provider, Sierra Wireless, as the company fell victim to a ransomware attack on its internal IT systems Saturday, company officials said.
Once the company learned of the attack, its IT and operations teams immediately implemented measures to counter the attack in accordance with established cybersecurity procedures and policies that were developed in collaboration with third-party advisors.

Florence, AL, Hit By Ransomware, Decides To Pay

June 5, 2020

Florence, Alabama, became a victim of the DoppelPaymer ransomware attack on June 5 that shut down the city’s email system.

Knoxville Hit By Ransomware Attack

June 11, 2020

The city of Knoxville, Tennessee, appears to be back up after shutting down part of its computer network Thursday as a result of a ransomware attack.
The attack was first noticed by members of the Knoxville Fire Department around 4:30 a.m. Thursday, according to a report in the Knoxville News Sentinel.

Hit By Ransomware, University of Utah Decides To Pay

July 19, 2020

ecurity experts say never pay a ransom if a system ends up taken over by ransomware. However, that is often easier said than done as the University of Utah paid over $450,000 to attackers after they infected a portion of its servers with ransomware.

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