News and Updates on Information Technology

Japanese multinational medical tech Olympus was hit by ransomware

Exploit: Malware

Olympus: Medical Technology Developer

cybersecurity news represented by agauge showing severe risk

Risk to Business: 1.802 = Severe

Japanese medical tech behemoth Olympus has disclosed a cyber-attack that prompted the shutdown of certain IT systems last week. The company announced that it had been hit with “an attempted malware attack affecting parts of our sales and manufacturing networks in EMEA (Europe, Middle East, and Africa).”

Individual Impact: Olympus contends that no data was stolen.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: Malware attacks like this are becoming increasingly more common as cybercriminals look at encryption over theft as a quick way to mount a successful attack and score a payday.

Source: portswigger