International consulting company Accenture, which gives cybersecurity companies, has been hit by a cyber-assault. ‘LockBit’, a team of ransomware hackers that has just lately carried out a series of attacks, has taken credit score for the incident.

On Wednesday the 11th August, global consultancy and know-how large Accenture was struck by a cyber-assault, in the course of which far more than 6 terabytes of details had been stolen. ‘LockBit’, a ransomware gang who has claimed the assault, demanded $50 million in ransom, threatening to publish the facts except if it gained the money.

Stacey Jones, a spokesperson from Accenture, verified the incident devoid of specially acknowledging it as a ransomware attack, CNN claimed.

Global technology consultancy Accenture hit by ransomware attack

“Through our stability controls and protocols, we determined irregular exercise in one particular of our environments. We instantly contained the matter and isolated the impacted servers. We entirely restored our affected servers from again up. There was no influence on Accenture’s operations, or on our clients’ systems,” Jones explained.

According to a tweet from a CNBC reporter, LockBit sooner or later did leak additional than 2,000 of the stolen information on the dark web for a quick period, but an inside Accenture memo cited by CyberScoop proposed that the files only concerned “a smaller quantity of clients”, and that none of the data files were being “of a very delicate mother nature.” 

Accenture, which posted $44 billion in revenue in 2020, is the hottest in a collection of ransomware attacks throughout the globe, including IT management software package organization Kaseya and Colonial Pipeline. The consulting agency, which, according to Reuters presently counts Alibaba, Cisco and Google among its clientele, has just lately been rising its investments in cybersecurity and intelligence.

Previously, again in 2017, Accenture had remaining four cloud-based storage servers unsecured, which cyber safety professionals discovered could have been used to attack Accenture and its clients. The business by itself denied that the publicly offered customer information was ever at hazard. 

Ransomware assaults have been on the rise since 2020, with LockBit 1 of the quite a few diverse forms of ransomware. The assault stops influenced organizations from accessing their units right up until they have compensated the ransom, according to cybersecurity firm Emisisoft.

Along with conducting its possess assaults, the LockBit gang leases its application to 3rd-get together felony affiliates who obtain a share of ransoms in exchange for implanting the code in chosen networks. LockBit initial emerged in 2019 but has presently hacked thousands of corporations all over the entire world, in accordance to CNN.