News and Updates on Information Technology

United States – Netgain

Exploit: Ransomware
Netgain: Data Hosting Provider

Risk to Small Business: 2.127 = Severe

A ransomware incident led to shutdowns and slowdowns across Netgain’s data hosting environment. The company was forced to completely shut down all systems on 12/4 for containment and remediation. Service has been restored to customers but they may still experience performance issues.

Individual Risk: No personal or consumer information was reported as impacted in this incident.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: Ransomware can have damaging consequences for businesses that go beyond the initial hit causing huge operational headaches and long recovery operations.