Security News > 2020 > April > Hackers Leak Biopharmaceutical Firm’s Data Stolen in Ransomware Attack

The Clop ransomware group attacked biopharmaceutical company ExecuPharm and reportedly leaked some of the company's compromised data on underground forums.

According to a recent data breach notice, various ExecuPharm servers were hit in a ransomware attack on March 13, which compromised "Select corporate and personnel information." The attack was initiated through phishing emails that were sent to ExecuPharm employees.

This tactic, called "Double extortion," occurs when ransomware groups threaten to leak compromised data or use it in future spam attacks, if ransom demands aren't met.

"Unfortunately for ExecuPharm, the attackers have started releasing personal data on employees which includes some very sensitive data that could be used to steal identities or cause financial fraud," Joseph Carson, chief security scientist and Advisory CISO at Thycotic, told Threatpost.

In a more recent double extortion attack, the DoppelPaymer ransomware operators claimed to have hit a Los Angeles county with a ransomware attack - and were leaking the city's data online, according to a recent report.

News URL

https://threatpost.com/hackers-leak-biopharmaceutical-firms-data-stolen-in-ransomware-attack/155237/