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Software AG hit with $23mn ransomware attack
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IANS | 10 Oct, 2020
German tech firm Software AG has suffered a massive malware attack, with
hackers asking for a ransom of $23 million after stealing employee
information and company documents.
The attackers published screenshots of the company's data on a website the hackers operate on the dark web.
The
screenshots show employee passport and ID scans, employee emails,
financial documents, and directories from the company's internal
network.
Software AG said that the ransomware attack only affected its internal network while customer cloud services were unaffected.
"The
IT infrastructure of Software AG is affected by a malware attack since
the evening of 3 October 2020. While services to its customers,
including its cloud-based services, remain unaffected, as a result,
Software AG has shut down the internal systems in a controlled manner in
accordance with the company's internal security regulations." said a
company statement.
A copy of the ransomware binary used against
Software AG was discovered earlier this week by security researcher
MalwareHunterTeam.
Software AG is an enterprise software company with over 10,000 enterprise customers in over 70 countries.
The company is the second-largest software vendor in Germany and the seventh-largest in Europe.
Software AG's customers include organisations from government, banking, transportation, insurance, retail, and other sectors.
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