German tech firm Software AG hit by ransomware attack

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German tech firm Software AG has suffered a ransomware attack that took place during last weekend, media blamed the Clop ransomware gang.

The website ZDNet revealed in exclusive that German tech firm Software AG was hit by the Clop ransomware, the criminal gang is demanding more than $20 million ransom.

Clop ransomware's base ransom amount for a German company is over 20 million $… That is a serious amount for sure. And it's not a very common one for the big name actors too.
There was any bigger one for a Germany company yet (of the public ones obviously)? Not remember…
🤔

— MalwareHunterTeam (@malwrhunterteam) October 6, 2020

Software AG is an enterprise software company with over 10,000 enterprise customers in over 70 countries. The company is the second largest software vendor in Germany, and the seventh largest in Europe.

The incident took place on Saturday, October 3, and the company has not yet fully recovered from the ransomware infection.

“Earlier today, after negotiations failed, the Clop gang published screenshots of the company’s data on a website the hackers operate on the dark web (a so-called leak site).” reported ZDNet.

The screenshots shared by the Clop ransomware operators show employee passport and ID scans, employee emails, financial documents, and directories from the company’s internal network.

software ag

On Monday, the software giant disclosed the ransomware attack and revealed that that the malware disrupted part of its internal network.

“The IT infrastructure of Software AG is affected by a malware attack since the evening of 3 October 2020. While services to its customers, including its cloud-based services, remain unaffected, as a result, Software AG has shut down the internal systems in a controlled manner in accordance with the company’s internal security regulations.” reads a statement released by the company. “The company is in the process of restoring its systems and data in order to resume orderly operation. However, helpdesk services and internal communication at Software AG are currently still being affected.”

Pierluigi Paganini

(SecurityAffairs – hacking, ransomware)




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