Another news of cyberattack has got the tech world strengthening the need for high-end cybersecurity systems and safety practices. Cognizant, the major IT services provider company headquartered in New Jersey, said that there was a massive ransomware attack on its system last Saturday that led to a disturbance in its businesses and client services.
Cognizant Reports Attack by Maze Ransomware
Cognizant released an official statement on Saturday detailing the type and impact of the cyber-attack. The CTS website noted that,
“Cognizant can confirm that a security incident involving our internal systems, and causing service disruptions for some of our clients, is the result of a Maze ransomware attack.”
Teams looking into the matter
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Cognizant also said that its teams are looking into the incident and communicating with the customers and business allies regarding the needed security and corrective measures. The company said that the internal security teams, supplemented by leading cyber defense firms, are actively taking steps to contain this incident.
Cognizant has also engaged with the appropriate law enforcement authorities. “We are in ongoing communication with our clients and have provided them with Indicators of Compromise (IOCs) and other technical information of a defensive nature”, said the company.
Maze is a different ransomware
Maze ransomware is a notorious virus that attacks enterprise businesses by controlling the network. It was first seen in 2019.
The ransomware, like any other, infects the computers and then encrypt the files on the systems. Once they encrypt, they demand money to recover the client files. Experts say that this ransomware is a bit varied as in this, the attacker may even transfer files to their server. Attackers may also publish the data online if they do not get asked for money.
Cyber Security Firm CEO explains the nature of Maze
As per the CEO of a US-based Cyber Security firm Cyble, Beenu Arora, the maze ransomware is different
Maze ransomware operators are known to conduct their attack below the surface and have a reputation of stealing the data first before locking their target systems. They fully understand their victim’s reputational risks, and hence their approach is “steal, lock and inform.”
Conclusion
With this attack, there is yet another incident that fosters the need for big and small tech to invest in their cybersecurity and data protection heavily.