Security News > 2022 > January > SEC Filing Reveals Fortune 500 Firm Targeted in Ransomware Attack

SEC Filing Reveals Fortune 500 Firm Targeted in Ransomware Attack
2022-01-20 14:27

Fortune 500 integrated services firm R.R.Donnelley & Sons is the latest victim of the hacking collective known as the Conti Group.

RRD didn't name the perpetrator of the attack in the filing.

At first RRD said it was not aware of any data being stolen in the filing; however, the company revised this position and confirmed Wednesday in a separate SEC filing that data had been stolen in the attack, according to the BleepingComputer report.

RRD is working with a third-party cybersecurity expert and law-enforcement in a continued investigation into the incident, according to the December SEC filing.

The RRD attack and Conti's sharpening of its knives shows an evolution in the direction ransomware actors likely are to continue to take in 2022 after ransomware volumes hit record highs last year.

"It's now about exfiltrating your data and holding it hostage. The strategy of taking a copy of data to ransom means that simply having backups from which you can restore isn't really a sufficient ransomware strategy."


News URL

https://threatpost.com/fortune-500-firm-ransomware/177787/