News and Updates on Information Technology

Portugal – Energias de Portugal (EDP)

Exploit: Ransomware
Energias de Portugal: Energy Provider 

Risk to Small Business: 2.109 = Severe

Energy giant EDP reported through its North American subsidiary, EDP NA, that it had been affected by a ransomware attack using Ragnar Locker. While the attack was not recent, the company just confirmed the parameters of it publicly as it became apparent that recovery would include notifying potentially affected customers. The attackers reportedly demanded that EDP Group pay a ransom of 1580 bitcoins for a decryptor and to stop the cybercriminals from releasing over 10 TB of data allegedly stolen in the incident.   

Individual Risk: 2.022 = Severe

Attackers reportedly gained access to some personal information stored on the impacted servers, including personally identifying information and Social Security numbers. No financial or payment card data was accessed. The company is offering customers one year of free data protection via Experian as a proactive measure. 

Customers Impacted: 11,500

How it Could Affect Your Customers’ Business: As ransomware continues to wreak havoc with cybersecurity at businesses of any size, every business needs to have a plan in place to both recover from a ransomware incident and bolster their security to defend against potential ransomware attacks because Dark Web activity has never been higher – or a bigger threat to businesses.