STOCKHOLM -
July 24, 2023 -
PRLog -- The recent PwC
MOVEit breach has impacted
417 organizations, affecting over
22 million individuals, and exposing sensitive data, including employee names, work emails, and system passwords.
- ☣️ Clop ransomware (Cl0p) gang offers over 3TB of sensitive data for sale, including data from TD Ameritrade and Ernst & Young, in retaliation for their lack of negotiation skills.
- PwC faced data leakage and was assigned its own leak URL containing all published files.
- Clop has been threatening to publish data stolen in the hacks if victim companies refuse to negotiate and pay ransom demands.
- The gang has been posting names of victims on its dark leak site, with over 417 organizations affected so far.
- TD Ameritrade and Ernst & Young's data were exposed on the clear web, a disturbing new trend for such breaches.
- Experts caution against negotiating with ransomware criminals, as it may lead to future extortion and non-honored deals.
- 📈 Clop published samples of the stolen data, including detailed stock investment portfolios and sensitive information of TD Ameritrade employees.
- EY was named with PwC and had limited data affected, which later turned out to be a massive 3TB.
- The compromised data belonged to PwC's UK and India divisions, adding to the gravity of the incident.
- Unlike previous breaches, the data was openly posted on the clear web, allowing easy access for anyone.
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Implications and Urgency for Robust Cybersecurity: - The incident emphasizes the critical necessity of robust cybersecurity measures.
- Businesses must take proactive steps to safeguard their organizations and sensitive data.
- Encryption techniques, like AES-256, emerge as a first line of defense against cyber attacks.
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