Exploit: Ransomware
NSW Labor Party: Political Organization
![cybersecurity news represented by agauge showing severe risk](https://www.idagent.com/wp-content/uploads/2020/03/pngbase64ebf23a169271a0cd.png)
Risk to Business: 2.109 = Severe
The ransomware group Avaddon is threatening to release a trove of sensitive information including images of passports, driver’s licenses and employment contracts from a ransomware hit on the NSW Labor Party. The cybercriminals have demanded a response to its ransom request within 240 hours and threatened to launch a denial of service attack against the party if it did not pay. NSW Police has come on board in the investigation.
Individual Impact: No sensitive personal or financial information was announced as compromised in this incident, but the investigation is ongoing.
Customers Impacted: Unknown
How it Could Affect Your Customers’ Business: Ransomware is the modern cybercriminal’s weapon of choice. Make sure your clients are taking every possible precaution because 61% of organizations worldwide experienced a damaging ransomware incident in 2020.