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Accenture becomes latest victim of a ransomware attack, but says no disruption to operations

The cyberattack against Accenture was done using LockBit which is a strain of ransomware that has been highly active since 2019, a timeline reveals.  A LockBit hacker group accessed proprietary data of IT consulting firm Accenture in a ransomware attack on Wednesday, according to a tweet by VX Underground. The group, in its post, said: “These people (Accenture) are beyond privacy and security. I really hope that their services are better than what I saw as an insider. If you’re interested in buying some databases, reach us.” It is not yet known whether a ransom had been paid or not by the company.  Why it matters? Ransomware attacks rose by 93 percent in the first six months of 2021 according to a report by Check Point. The cybersecurity firm also pointed out that the number of attacks is expected to…

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I cover several beats such as Crypto, Telecom, and OTT at MediaNama. I can be found loitering at my local theatre when I am off work consuming movies by the dozen.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

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