Experts On Revenge Hack Steals Thousands Of Databases From Security Firm

Information Security Buzz
Monday, July 13, 2020

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Hacker claims to have breached Night Lion security firms in act of revenge and stolen more than 8,200 databases.

Ilia Kolochenko, Founder and CEO, ImmuniWeb

The statements made by the intruders should be thoroughly investigated and assessed prior to making any conclusions.

Cybercriminals are increasingly targeting MSPs and trusted third-parties including cybersecurity companies as recently highlighted by the US Secret Service. Modern cyber gangs prefer the indirect approach to frontal attacks given that it is usually faster, easier and much less risky.

This specific case, however, seems to be a personal revenge incident primarily directed to damage reputation of the allegedly breached cybersecurity firm. The statements made by the intruders should be thoroughly investigated and assessed prior to making any conclusions. Given the details of the incident, a criminal investigation may have a considerable degree of success to uncover the chain of events and identify the attackers.

Interestingly, such an incident, based on the reported facts, will unlikely be covered by the majority of cyber insurance policies so vigorously demanded by a growing number of businesses considering them as a panacea from hackers. Read Full Article