News and Updates on Information Technology

United States – Automatic Fund Transfer Services

Exploit: Ransomware
Automatic Funds Transfer Services (AFTS): Payment Processor

Risk to Small Business: 1.879 = Severe

Cuba ransomware is the culprit of an attack at AFTS, a payment processor that serves state government clients including the states of California and Washington. This cyberattack has caused major disruption to AFTS operations, making their website unavailable and impacting payment processing. The gang claims to have stolen financial documents, correspondence with bank employees, account movements, balance sheets, and tax documents.

Individual Risk: 1.847 = Severe

It is unclear how many individuals may have been impacted. The California Department of Motor Vehicles and several cities in Washington state have released data breach notifications. The potential data exposed varies depending on the city or agency, but may include names, addresses, phone numbers, license plate numbers, VIN numbers, credit card information, scanned paper checks, and billing details. 

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: Ransomware at your third party business services partner’s business is also your problem. It pays to make sure that your company’s credentials haven’t been exposed.