With . "Through our . The LockBit ransomware gang announced the attack Tuesday night on its dark web leak site, setting a deadline of Thursday evening for payment. The LockBit cybercriminal gang has published on its site hosted on the DarkWeb the name and logo of one of its latest . Accenture, counted amongst the world's largest IT consultancy firms, has confirmed that its network has been breached by the LockBit ransomware. The cybercriminal hub developing Ransomware as a service ( RaaS ). Global consulting giant Accenture was the victim of a ransomware attack by a gang known as Lockbit 2.0 on Wednesday. The incident came to light when LockBit ransomware operators claimed on their website that they had breached Accenture's systems. Accenture's $50M ransomware threat, an inside job? - CyberTalk Accenture Confirms Data Breach After August Ransomware ... The cyberattack against Accenture was done using LockBit which is a strain of ransomware that has been highly active since 2019, a timeline reveals. Accenture, counted amongst the world's largest IT consultancy firms, has confirmed that its network has been breached by the LockBit ransomware. Accenture hit by ransomware attack from LockBit gang The public demand has emerged overnight and threatens to unveil the secrets of a global heavyweight in business consulting and the . State-Sponsored Hackers and Ransomware Gangs ... - Accenture Accenture is an IT giant known to serve a wide range of industries. Accenture hit by Bitcoin ransomware - Crypto Gambling News LockBit requested a $50 million ransomware payment, without which volumes of private data may be publicly released. Accenture, which posted $44 billion in revenue in 2020, is the latest in a series of ransomware attacks across the world, including IT management software firm Kaseya and Colonial Pipeline. Discussions about systemic risk have moved beyond climate change to include pandemics, ransomware, and more. Ransomware Gang Leaks Files Allegedly Stolen From Accenture The LockBit ransomware gang announced the attack Tuesday night on its dark web leak site, setting a deadline of Thursday evening for payment. From a report: News of the attack became public earlier this morning when the company's name was listed on the dark web blog of the LockBit ransomware cartel. At the time of reporting, Accenture had not confirmed the details of the ransomware attack to Infosecurity. Accenture breached in highly-targeted ransomware attack ... A LockBit hacker group accessed proprietary data. Accenture Claims 'No Impact' in Apparent Ransomware Attack Earlier this week, the LockBit ransomware-as-a-service (RaaS) gang published the name and logo of what has now been confirmed as one of its latest victims: Accenture, a global business consulting . Stacey Jones, an Accenture spokesperson, confirmed a cybersecurity incident to CNN Business on Wednesday, but did not explicitly acknowledge a ransomware attack. The LockBit gang claimed it gained access to the . LockBit 2.0, a known ransomware group, threatened to publish breached data files after stealing from the well-known billion-dollar tech-providing company; Accenture.In the light of this ransomware attack, the gang further blackmailed Accenture if the said ransom was not to be paid timely. Hackers operating the LockBit ransomware claimed on Wednesday to have infiltrated Accenture's network and set a four-hour countdown. Accenture has acknowledged in a filing to the Securities and Exchange Commission that outsiders extracted "proprietary information" in a cyber incident this summer. 1 Accenture, a global IT consultancy giant has allegedly been hit by a ransomware cyberattack from the LockBit ransomware gang. News this week broke of the latest high-profile hacking with a ransomware demand of $50M. Accenture said in a statement Wednesday that it had "identified . BOSTON — Cybercriminals have breached Accenture in an apparent ransomware attack but the global consulting giant says the incident was immediately contained with no impact on it or . The ransomware group did not release any sensitive files when their countdown timer first ran out on Wednesday. "These people go beyond privacy and security. According to Stacey Jones, a spokeswoman for Accenture, the company was able to restore their compromised systems from backups, and business operations were not impacted. Although the company sent out a cybersecurity report focused on ransomware attacks, the company omitted the LockBit attack entirely. Accenture said in a statement Wednesday that it had "identified irregular activity in one of our environments" and "immediately contained the matter and isolated the affected servers." As part of a 10-year agreement, Accenture will team with BBVA to improve the agility of its operations by retooling processes and adapting to new ways of working with AI and analytics. I really hope that their services are better than . Accenture acknowledged the attack on Wednesday, but has downplayed its severity. The LockBit ransomware gang claimed to have stolen six terabytes of data from Accenture's network and demanded a $50 million ransom. Accenture confirmed that threat actors connected to the LockBit ransomware group stole and leaked proprietary corporate data and breached customers systems. Cybercriminals have breached Accenture in an apparent ransomware attack but the global consulting giant says the incident was immediately contained with no impact on it or its systems. IT services heavyweight Accenture was hit by a ransomware attack this week although the company denies any wide-ranging impact to operations. Global consulting firm Accenture confirmed on Wednesday that the alleged ransomware attack by LockBit 2.0 is real but that it has been "fully resolved.". Rappler Internet technology company Accenture on Wednesday, August 11 confirmed a ransomware attack made against it. Accenture ransomware attack: The global consulting giant said in a statement on Wednesday that it had identified irregular activity in one of our environments and immediately contained the matter . In this month's Insurance News Analysis, my colleague Abbey Compton and I discuss the myriad of new risks insurers and their customers now face. A group of hackers threaten to publish on the DarkWeb the data it would have access in a cyberattack with ransom demand. The consulting firm Accenture is reported to have faced $50 million in ransom following an attack this past month, according to cyber risk intelligence companies. 8/11/2021, 2:40:08 AM. The Accenture incident is the latest in a long line of ransomware incidents striking targets including fuel supplier Colonial Pipeline Co., meat supplier JBS and the IT software firm Kaseya. The news of the attack, first reported by CNBC. In a statement, the company confirmed the attack but failed to answer any of The Reg's questions about what had been affected, what (if . News that IT consulting giant Accenture has been hit by a massive ransomware attack is the latest addition to the growing list of ransomware incidents, By Dr. Tim Sandle Global consulting firm Accenture has experienced a ransomware attack. Accenture released its latest "global incident response analysis" on August 4, which highlighted ransomware as one of the top current threats in cybersecurity. Ransomware ad Accenture, Lockbit: "we have your data, pay us". Ransomware hackers began leaking Accenture data after the consulting giant suffered a security incident where the perpetrators made off with client-related documents and work materials. The news of the attack, first reported by CNBC . In September, the company denied claims made by the LockBit gang that they also stole credentials belonging to . The hacker group targeted the Irish-based multinational global Fortune 500 company, Accenture. The Artificial Intelligence (AI) and machine learning (ML) organization with over half a million employees and revenues topping $44B last year hasn't confirmed . The news of the ransomware attack arrived late last night (Wednesday) Eastern Time. The Hacker News explains "LockBit, like it's now-defunct DarkSide and REvil counterparts, operates using a ransomware-as-a-service (RaaS) model, roping in other cybercriminals (aka affiliates) to carry out the intrusion using its platform, with the payments often divided between the criminal entity directing the attack and the core developers . LockBit 2.0, a known ransomware group, threatened to publish breached data files after stealing from the well-known billion-dollar tech-providing company; Accenture.In the light of this ransomware attack, the gang further blackmailed Accenture if the said ransom was not to be paid timely. Accenture (NYSE: ACN) is the latest target of ransomware hackers who threatened to release stolen data within several hours of the breach. Accenture is the latest to get hit by ransomware, but the IT services giant got one thing right: a clean data backup. -1.09%. News of the attack became public earlier this morning when the company's name was listed on the dark web blog of the LockBit ransomware cartel. Accenture appears to have been hit by the LockBit ransomware gang, who are offering to sell data stolen from the global consultancy firm to interested parties. Dated: August 10, 2021. 54. level 2. Source Accenture ransomware attack claimed LockBit criminal group Accenture, one of the world's largest IT consultancy firms, has confirmed that its network has been compromised by LockBit. News broke late Wednesday night (August 11) that Accenture, a Fortune 500 consulting company, was attacked and had servers compromised by the LockBit ransomware gang. The LockBit ransomware gang announced the attack Tuesday night on its dark web leak site, setting a deadline of Thursday evening for payment. ThreatPost reported on August 11 that ransomware-as-a-service group LockBit 2.0. ACN. Official statement : "Through our security controls and protocols, we identified irregular activity in one of our environments. According to a report from cybersecurity news site CyberScoop, Accenture had spotted the LockBit ransomware attack on its systems on July 30. Group of affiliates that deals with the "administrative", which asks for redemption based on the size and turnover of the company. The LockBit ransomware gang reports theft of 6 terabytes worth of Accenture's data. Ransomware .. News of the attack first reported by CNBC Senior Washington Correspondent Eamon Javers on Twitter Since then, it has been confirmed by Accenture itself. There was no impact on Accenture's operations, or on our clients' systems.". Accenture is, reportedly, the latest company to fall victim to a ransomware attack by the LockBit ransomware gang. The public demand has emerged overnight and threatens to unveil the secrets of a global heavyweight in business consulting and the powerful. Consulting giant Accenture on Wednesday confirmed being targeted by hackers. LockBit is a Russian-speaking ransomware syndicate that does not target former Soviet countries. Accenture falls prey to ransomware attack. 2m. News that IT consulting giant Accenture has been hit by a massive ransomware attack is the latest addition to the growing list of ransomware incidents, By Dr. Tim Sandle According to a Cyber Scoop report, the Lockbit 2.0 cyber-gang have begun to leak Accenture's client data. Sources familiar with the attack also told BleepingComputer that. Ransomware Group Threatens to Leak Stolen Data. Fortune 500 company Accenture has fell victim to a ransomware attack but said today the incident did not impact its operations and has already restored affected systems from backups. Accenture would not comment on what data, if any, was exfiltrated by the criminals. Security Affairs reports that a ransom clock on LockBit's site indicated the time that was left until a folder named W1 that contained looted Accenture PDF documents would be made publicly available if Accenture doesn't pay the requested ransom of $50 million. "These people are beyond privacy and security. Accenture Restores Affected Systems After Reported Ransomware Attack More FILE PHOTO: Visitors look at devices at Accenture stand at the Mobile World Congress in Barcelona, February 26, 2013. Accounting and consultancy giant Accenture has become the latest major victim of a ransomware attack. Consulting giant Accenture put under pressure by ransomware attack. Carried out by the LockBit 2.0 ransomware gang, the incident has made the company shift to a defensive stance with the online community questioning Accenture's statement rather than an appropriate response. Hackers have seized 2,384 company files and threatened to distribute them. Consulting giant Accenture put under pressure by ransomware attack. Global IT consultancy giant Accenture has become the latest company to be hit by the LockBit ransomware gang, according to a post made by the operators on their dark web portal, likely filling a void left in the wake of DarkSide and REvil shutdown. The ransomware attack was widely covered at the time, with the IT giant telling BleepingComputer that all affected systems were fully restored from backups, with no impact on Accenture's operations or its clients' systems.. BOSTON -- Cybercriminals have breached Accenture in an apparent ransomware attack but the global consulting giant says the incident was immediately contained with no impact on it or its systems. Ransomware Group Threatens to Leak Stolen Data. Reports of the attack became public yesterday when the name of the company was published on the blog of the LockBit ransomware cartel, according to CNBC reporter Eamon Javers. "Through our security controls and. Accenture, one of the world's largest technology consulting firms, has been targeted by ransomware gang LockBit. After Accenture initially reported that it had repelled a hacker group named Lockbit, encrypted files belonging to Accenture began to be published today, according to a report by Decrypt. With a ransomware they would have stolen some data and demand a ransom. Extortion is the practice of obtaining something, especially money, through force or threats. The disclosure was made Friday in the company's required annual 10-K report with the U.S. Securities and Exchange Commission; the filing was originally spotted by Bleeping Computer. Accenture denies claims of stolen customer credentials. Although historically seen as a real-world crime committed by gangsters and thugs, extortion has recently taken on new popularity online, especially since cybercriminals have discovered the potential rewards of a successful attack on a large company. The ransom note, posted on the dark web and seen by The Register, said: "These people are beyond privacy and security… if you're interested in buying some databases reach us.". Published: 11 Aug 2021 Consulting giant Accenture was breached by ransomware threat actors Wednesday, but the company said it contained the attack and no customer systems were affected. The LockBit gang claimed it gained access to the company's network and was preparing to leak files stolen from Accenture's servers at 17:30:00 GMT. LockBit is a Russian-speaking ransomware syndicate that does not target former Soviet countries. August 11, 2021. The SEC filing filed Friday provides additional detail on a breach the company first discovered on July 30 and disclosed in early August. In a report from Accenture itself last week, the company said it found that 54% of all ransomware or extortion victims were companies with annual revenues between $1 billion and $9.9 billion . CNBC reporter Eamon Javers says the hacking group is also. Accenture Restores Affected Systems After Reported Ransomware Attack More FILE PHOTO: Visitors look at devices at Accenture stand at the Mobile World Congress in Barcelona, February 26, 2013. IT consultancy Accenture has repelled a Bitcoin ransomware attack launched by hacking collective Lockbit on Tuesday evening. The industry targeted most often by ransomware operators was insurance, accounting for 23% of ransomware attacks, followed by consumer goods & services (17%) and telecommunications (16%). Outsourcing and accounting firm Accenture has been struck by Lockbit ransomware. Once the ransom is paid, affiliates typically transfer 60-70% to the RaaS developers. The confirmation came just hours before a ransomware gang started leaking files allegedly stolen from the company. In an ad tonight Lockbit threatens to expose the secrets of Accenture, one of the largest consulting firms in the world. Global IT consultancy company Accenture announced that it has fully restored its systems after experiencing a LockBit ransomware attack.On August 11, Accenture shared details about an incident involving some of their IT assets. Consulting giant Accenture has confirmed that proprietary information was stolen in a ransomware attack disclosed in August 2021.. At the time, LockBit ransomware operators claimed to have stolen over 6 terabytes of data from Accenture's systems, demanding a $50 million ransom to be paid in exchange for keeping the data private. Tweet. Accenture would not comment on what data, if any, was exfiltrated by the criminals. As first reported on Twitter by CNBC's Eamon Javers, the attackers claim to . Companies with annual revenues between US$1 billion and US$9.9 billion accounted for more than half (54%) of ransomware and extortion victims, followed by . The disclosure coincided with the ransomware gang LockBit 2.0 leaking information from . Accenture Hit By Ransomware Attack, Latest Victim Of 'Cyber-Pandemic' Accenture on Wednesday confirmed that it was hit by a ransomware attack, with a hacker group using the LockBit ransomware. That is, it's just the sort of company that could lose not just billions in revenue from a prolonged ransomware attack but also credibility from other companies that rely on its cybersecurity expertise. An Accenture spokesperson told CNN Business that the firm did suffer a cybersecurity incident, but failed to confirm it was a ransomware attack. The firm, which serves more than 6k clients and operates in over 120 countries, confirmed on August 12 that LockBit 2.0 ransomware group — a criminal group that operates using a . BOSTON (AP) — Cybercriminals have breached Accenture in an apparent ransomware attack but the global consulting giant says the incident was immediately contained with no impact on it or its systems. Global IT consultancy Accenture is currently battling against a notorious Lockbit 2.0 ransomware attack. A concerning new tactic is the addition of distributed denial of service (DDOS) attacks to ransomware and data theft attempts. The Dublin-based firm last week confirmed a cybersecurity incident, though it didn't specifically classify it as a ransomware attack. In a report from Accenture itself last week, the company said it found that 54% of all ransomware or extortion victims were companies with annual revenues between $1 billion and $9.9 billion . Australian Cybersecurity Centre (ACSC) had issued an alert on August 6, 2021, over the increasing activities of the LockBit 2.0 ransomware group. Accenture said in a statement Wednesday that it had "identified irregular activity in one of our environments" and "immediately contained the matter and isolated the affected servers." It did not. It is appalling that though Accenture spotted LockBit ransomware in their servers on July 30, the giant didn't report the attack until CNBC broke the news on August 11. Breaking News Maryanne World 4 months ago 60 REPORT. The gang, known as LockBit 2.0, has threatened to leak further after providing purported proof of the breach. The "unprecedented" events of the past year may have combined to set a new precedent. Unfortunately, threat actors are also upping their game. It is one of the most efficient ransomware variants around, according to the cybersecurity firm Emsisoft. Tactic: DDOS attacks. Accenture is a Fortune 500 IT consulting firm with half a million employees scattered across the globe. ARLINGTON, Va.; Oct. 19, 2020 - Some of the world's most skilled nation-state cyber adversaries and notorious ransomware gangs are deploying an arsenal of new open-sourced tools, actively exploiting corporate email systems and using online extortion to scare victims into paying ransoms, according to the 2020 Cyber Threatscape Report from Accenture (NYSE: ACN). Researchers from the cyber intelligence firm Cyble said on Twitter that the threat actors claimed to have accessed more than six terabytes of data. What is Accenture's response? Accenture, a top-ranked global firm specializing in a diverse range of strategic business services, experienced an attempted ransomware attack in August 2021. Accenture is an Irish based publicly listed company with over $44 billion in revenue recorded in 2020. However, multiple news sources appear to show Accenture giving little weight to the attack, with the company saying that it has had "no impact" on the business. Rumors of the attack were substantiated by Lockbit, which confirmed the attack and said it had accessed some of the company's files. We immediately contained the matter and isolated the affected servers. They have since reset the timer for August 12, 8:43 PM UTC. The good news is that many organisations are now more effective at defending against and recovering from the ransomware itself. Dated: August 10, 2021. "Through our security controls and protocols, we identified irregular activity in one of our environments. However, the ransomware gang claims it compromised Accenture through an insider, but many experts dispute the claim given the scale of the attack. 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