Security News > 2021 > August > Lockbit ransomware attack didn't affect ops, claims Accenture amid lurid payoff rumours

Outsourcing and accounting firm Accenture has been struck by Lockbit ransomware.
"LockBit operates under the ransomware-as-a-service business model, whereby ransomware developers lease their ransomware to affiliates who receive a portion of ransom payments received from the attacks they carry out," said the firm's analysis.
Industry talk of vast payoffs always circulate after a ransomware attack, especially when companies aren't forthcoming with public communication.
Such rumours are great for the criminals operating the ransomware - and tend to provoke intense scrutiny of corporate financials and spending in the months afterwards.
The gang appears to have spun out of the Maze ransomware cartel and avoids targeting organisations based in ex-Soviet countries.
Having infosec knowhow on hand doubtless aided detection and recovery from the ransomware attack, though a company publicly claiming that a ransomware attack has had zero effect rarely reflects reality for those whose devices and departments caught the initial wave.
News URL
https://go.theregister.com/feed/www.theregister.com/2021/08/12/accenture_lockbit_ransomware/
Related news
- Ransomware on ESXi: The mechanization of virtualized attacks (source)
- OneBlood confirms personal data stolen in July ransomware attack (source)
- Enzo Biochem settles lawsuit over 2023 ransomware attack for $7.5M (source)
- Medusa ransomware group claims attack on UK's Gateshead Council (source)
- Ransomware attack forces Brit high school to shut doors (source)
- Ransomware gangs pose as IT support in Microsoft Teams phishing attacks (source)
- Security pros more confident about fending off ransomware, despite being battered by attacks (source)
- Only 13% of organizations fully recover data after a ransomware attack (source)
- Ransomware attack at New York blood services provider – donors turned away during shortage crisis (source)
- Ransomware attack disrupts New York blood donation giant (source)