News and Updates on Information Technology

Australia – NSW Labor Party

Exploit: Ransomware

NSW Labor Party: Political Organization

cybersecurity news represented by agauge showing severe risk

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.