Decrypted: Chegg’s third time unlucky, Okta’s new CSO Rapid7 beefs up cloud security

Decrypted: Chegg’s third time unlucky, Okta’s new CSO Rapid7 beefs up cloud security

4 years ago
Anonymous $9CO2RSACsf

https://techcrunch.com/2020/05/04/decrypted-cheggs-third-time-unlucky-oktas-new-cso-rapid7-beefs-up-cloud-security/

Ransomware is getting sneakier and smarter.

The latest example comes from ExecuPharm, a little-known but major outsourced pharmaceutical company that confirmed it was hit by a new type of ransomware last month. The incursion not only encrypted the company’s network and files, hackers also exfiltrated vast amounts of data from the network. The company was handed a two-for-one threat: pay the ransom and get your files back or don’t pay and the hackers will post the files to the internet.

Decrypted: Chegg’s third time unlucky, Okta’s new CSO Rapid7 beefs up cloud security

May 4, 2020, 3:47pm UTC
https://techcrunch.com/2020/05/04/decrypted-cheggs-third-time-unlucky-oktas-new-cso-rapid7-beefs-up-cloud-security/ > Ransomware is getting sneakier and smarter. > The latest example comes from ExecuPharm, a little-known but major outsourced pharmaceutical company that confirmed it was hit by a new type of ransomware last month. The incursion not only encrypted the company’s network and files, hackers also exfiltrated vast amounts of data from the network. The company was handed a two-for-one threat: pay the ransom and get your files back or don’t pay and the hackers will post the files to the internet.