News and Updates on Information Technology

United Kingdom – Flagship Group

Exploit: Ransomware
Flagship Group: Rental Housing Facilitator 

Risk to Small Business: 1.862 = Severe

Social housing platform Flagship Group got an unwelcome visitor – REvil ransomware. The company announced that one of their data centers was infected by the ransomware, “compromising some personal staff and customer data”. Operations were not impacted. The attack took place on November 1, 2020, and authorities are investigating as recovery continues.

Individual Risk: 1.613 = Severe

Clients and employees should be aware of the possibility that their personally identifiable or financial data was compromised and be alert to spear phishing and identity theft attempts.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: As the company noted in their report, REvil came calling as part of a phishing email, the biggest cybersecurity threat your business is facing in 2020.