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

Lockbit ransomware attack didn't affect ops, claims Accenture amid lurid payoff rumours
2021-08-12 15:24

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/