News and Updates on Information Technology

Switzerland – Swiss Cloud

Exploit: Ransomware

Swiss Cloud: Cloud Hosting Provider

cybersecurity news represented by agauge showing severe risk

Risk to Business: 2.217 = Severe

Cloud hosting provider Swiss Cloud was hit by a ransomware attack that brought down the company’s server infrastructure. The company is currently working to restore operations from its backups with the help of experts from HPE and Microsoft. The impacted servers are expected to be restored by next week. The disruption has impacted server availability for more than 6,500 customers.

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.