Multinational IT service provider Accenture has been struck with ransomware according, to recent reports. The LockBit ransomware group has claimed responsibility for the ransomware attack that saw them compromise around 6 TB of data. After gaining access to the data, the group demanded a $50 million payment for Accenture to recover the data and claim they will publish the information if payment is not received. Accenture has not paid anything as of now and have claimed they restored the lost data from backups. A quote from Accenture read, “We fully restored our affected systems from back-up. There was no impact on Accenture’s operations, or on our clients’ systems. 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.” LockBit attacks continue to increase in recent weeks and will likely announce new attacks soon.
By Akshay Rohatgi and Randy Pargman About this Student Research Project Binary Defense’s mission is