Ransomware is a type of malware that is used to encrypt data and then demand a payment to unlock the data. Recently, Hitachi Energy issued a public statement that some of its customer accounts may have been compromised, after a ransomware attack took place on a third-party software called Fortra GoAnywhere MFT. The Clop ransomware gang is the company that managed to infiltrate the servers and siphon data, and a portion of employee data may have been compromised.
Hitachi responded quickly to the incident by disconnecting the server and deploying a team of cybersecurity experts to analyze and mitigate the risks associated with the malware attack. This is the second company that was hit by Clop ransomware after Rubrik.
Furthermore, the same gang is also believed to be behind the data breach of personal details of over 35,000 PayPal users. PayPal is now facing a lawsuit from one of the victims who was notified about the data breach in January this year. Allegedly, the data steal took place in December 2023 and hackers accessed details such as names, addresses, phone numbers, email addresses, DOBs, social security numbers and bank account details, along with the residual balances in respective PayPal accounts.
Fortra GoAnywhere MFT is a file transfer solution that is used to exchange information. The vulnerability on the software was fixed by Fortra in the first week of February this year, however, some customers may have missed out on the update.
In conclusion, ransomware attacks are becoming increasingly common, and it is important for companies to take preventive measures to ensure the safety of their customer data. Companies should also update their software regularly and have a team of cybersecurity experts to quickly respond to any security incidents.