News and Updates on Information Technology

TransUnion suffered a data breach, reportedly withheld data for $15 million ransom

Exploit: Ransomware

TransUnion: Credit Bureau

cybersecurity news represented by agauge showing severe risk

Risk to Business: 1.905 = Severe

TransUnion has reported that it experienced a data breach as a result of a ransomware attack. The company states that cyber criminals obtained access to their systems through credential compromise. TransUnion received a $15 million ransom demand from a group identifying themselves as N4ughtySec that they do not intend to pay. The group says they’re based in Brazil and that they have over 4TB of stolen data touching over 200 companies.

Individual Impact: No information about consumer/employee PII, PHI or financial data exposure was available at press time.

How it Could Affect Your Customers’ Business Organizations in the Financial sector from bans to credit organizations have been getting walloped by cybercrime, beating out healthcare to become the top cyberattack target.

Source: Cyber Loop