Software AG one of the largest software companies in the world has suffered a ransomware attack and the company has not yet fully recovered from the incident.
A ransomware gang going by the name of Clop has breached the company's internal network encrypted files and asked for more than $20 million to provide the decryption key.
On a website they run on the dark web, the Clop gang posted screenshots of the company's data.
The business said that none of its cloud-based services or client services were impacted by the malware attack, and it was not aware of any customer information being accessed.
Source: https://www.zdnet.com/article/german-tech-giant-software-ag-down-after-ransomware-attack/
TPRM report: https://scoringcyber.rankiteo.com/company/software-ag
"id": "sof7311523",
"linkid": "software-ag",
"type": "Ransomware",
"date": "10/2020",
"severity": "75",
"impact": "2",
"explanation": "Attack limited on finance or reputation"{'affected_entities': [{'industry': 'Software',
'name': 'Software AG',
'size': 'Large',
'type': 'Software Company'}],
'data_breach': {'data_encryption': 'Files encrypted'},
'description': 'Software AG, one of the largest software companies in the '
'world, has suffered a ransomware attack by the Clop gang. The '
'company has not yet fully recovered from the incident.',
'impact': {'data_compromised': "Screenshots of the company's data posted on "
'the dark web',
'systems_affected': 'Internal network'},
'initial_access_broker': {'data_sold_on_dark_web': 'Screenshots of the '
"company's data posted on "
'the dark web'},
'motivation': 'Financial Gain',
'ransomware': {'data_encryption': 'Files encrypted',
'ransom_demanded': 'More than $20 million',
'ransomware_strain': 'Clop'},
'threat_actor': 'Clop Gang',
'title': 'Ransomware Attack on Software AG',
'type': 'Ransomware Attack'}