On August 11, a top global consulting firm confirmed it had been attacked by the Ransomware-as-a-Service (RaaS) threat group known as LockBit. An estimated 2,500 of the firm’s partner and employee endpoints were reportedly compromised. Bleeping Computer reports the gang claimed the attack was an inside job and threatened to publish 6TB of stolen data unless the firm meets its demands for a $50M ransom payment.
The consulting firm indicated the attack was “immediately contained” after it identified “irregular activity in one of our environments,” and stated that there has been “no impact on our operations, or on our clients’ systems."
Valued at $44.3 billion, it’s one of the world’s largest tech consultancy firms, with 537,000 employees and operations in 50 countries. Their clients include 91 of the Fortune Global 100, and more than three-quarters of the Fortune Global 500. The LockBit attack is a sobering reminder that firms of every size and scope are vulnerable to cyberattacks, and of the critical importance of adopting a prevention-first security posture that mitigates ransomware and other cyber risks by neutralizing malware before the exploitation stage of the kill-chain.
The Good News: BlackBerry Customers Are Protected
After an in-depth assessment, the BlackBerry Research & Intelligence Team has confirmed that the seventh-generation Cylance® AI model that powers BlackBerry® Protect, BlackBerry® Optics and BlackBerry® Guard is effective at protecting endpoints from LockBit infections.
BlackBerry also offers a portfolio of insider threat software and services solutions that include BlackBerry® Persona, an AI-driven continuous authentication and behavior analytics solution that detects and responds to the unusual activity that often accompanies an insider attack.
BlackBerry will continue monitoring the situation and will provide updates as they become available.
Need Immediate Assistance?
If you’re battling LockBit ransomware or a similar threat, we can help, whether you’re an existing BlackBerry customer or not. Our global consulting team provides around-the-clock incident response and containment services for a wide range of incidents, including ransomware and advanced persistent threats.
Contact the BlackBerry Incident Response team here or call 1-888-808-3119 for immediate assistance.