News and Updates on Information Technology

MCH Group was hit by cyber attack that causes operational disruption

Exploit: Ransomware

MCH Group: Event Management

cybersecurity news represented by agauge showing severe risk

Risk to Business: 2.763 = Moderate

Swiss events management company MCH Group was hit with a suspected ransomware attack late last week that resulted in operational disruption. the company said that it’s back online, upcoming events will not be impacted and it’s in the process of investigating the attack. MCH Group handles events including the Art Basel shows in Basel, Miami Beach, and Hong Kong, as well as the watch and jewelry show Baselworld.

Individual Impact: No consumer PII or financial data exposure was disclosed in this incident as of press time.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business Service providers have been popular targets for cyberattacks because they often maintain databases that will score a big payday for cybercriminals on the dark web.

Source: portswigger