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$1.8B Venture Capital Firm Hit By Ransomware

Exploit: Ransomware
Company: Accenture
Industry: Financial, Consulting Firm
Sources: https://threatpost.com/accenture-lockbit-ransomware-attack/168594/

Multiple databases belonging to global consulting giant, Accenture, have been listed for sale on the LockBit ransomware gang’s dark web site. LockBit is claiming to have 6 terabytes worth of Accenture’s data which they are requesting a ransom of $50 million for its return. Media outlets are showing conflicting reports, some speculating this may have been the result of an inside job.

Accenture boasts a client book of hundreds of extremely high-profile global businesses, many of which appear on the Fortune Global 100 and Fortune Global 500 lists. For this reason, eyes have been glued to see how this incident plays out and what is included in the compromised data.

Company officials offered reassurance stating, “Through our security controls and protocols, we identified irregular activity in one of our environments. We immediately contained the matter and isolated the affected servers.” They went on to say, “We fully restored our affected systems from backup, and there was no impact on Accenture’s operations, or on our clients’ systems.”

Accenture continued to seemingly downplay the effects of the incident in an internal memo reported on by CyberScoop. The memo reads, “While the perpetrators were able to acquire certain documents that reference a small number of clients and certain work materials we had prepared for clients, none of the information is of a highly sensitive nature.”

For now, it appears that Accenture is confident in their stance and has not paid the requested ransom set forth in the first window with the hopes that they, and their clients, are secure from any further costs and damages.

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