News and Updates on Information Technology

United States – SeaChange International

Exploit: Ransomware
SeaChange International: Video on Demand Provider

Risk to Small Business: 2.133 = Severe

Video on demand provider SeaChange is the latest victim of REvil ransomware. The gang posted a claim for an attack earlier this year that included a US Department of Defense video on demand proposal. The attack is believed to have occurred in April 2020, and included sensitive business information about contracts, proposals, and other proprietary data.

Individual Risk: No individual or consumer data was reported as exposed in this incident.

Customers Impacted: Unknown

How it Could Affect Your Customers’ Business: Corporate secrets are a huge market, and attacks like this are on the rise with the growth of “as a service” cybercrime. Extra protection must be provided for proprietary data, especially when a company handles sensitive information.

Source:
https://www.bleepingcomputer.com/news/security/leading-us-video-delivery-provider-confirms-ransomware-attack/?&web_view=true