Exploit: Employee payroll breach
AST LLC.: Cloud & digital transformation service provider
Risk to Small Business: 1.871 = Severe
Using a previously compromised email account, hackers accessed employee payroll information. Hackers used their access to set up rules that diverted received messages, making it more difficult for the company to detect the breach. The incident, which occurred on March 9, 2020, has prompted the company to update its cybersecurity standards to include two-factor authentication on company email accounts. Unfortunately, this change is too-little-too-late and is unlikely to assuage the concerns of the company’s enterprise clients.
Individual Risk: 1.690 = Severe
Hackers accessed employees’ payroll information and 2019 W-2 forms, which included their names, addresses, salary details, Social Security numbers, employer identification numbers, and other work-related information. AST has warned employees that this information will likely be transferred to the Dark Web, where it could be used to create convincing spear phishing emails. The company is offering affected personnel a year of identity theft prevention services, and victims should enroll in this service as an extra defense against additional cybercrimes related to this incident.
Customers Impacted: Unknown
How it Could Affect Your Customers’ Business: Employee email accounts are often compromised, and this can have significant repercussions for both employee and company data. Simple steps, like enabling multi-factor authentication, can help keep these accounts secure while protecting ROI.