Accenture Is Hours Away From Exposure as LockBit Is Ready to Release Stolen Data

  • LockBit’s countdown has roughly six hours left before all data they stole from Accenture will be published.
  • The company says there’s nothing to worry about and claims the attack was successfully contained.
  • There are rumors about the ransom amount being set to $50 million, but these haven’t been confirmed.

Accenture, the multinational consulting firm with tens of billions USD in annual revenue and over half a million employees worldwide, is being blackmailed by the LockBit ransomware group, which has launched a successful attack against them.

The countdown counter on the actor's Tor site has a little more than six hours left before all of the stolen data is published for everyone to see. Still, the firm doesn’t appear to be worried about this, claiming that the impact is minimal, the incident was isolated, and they already restored from backups. Client systems and all operations remained unaffected, so Accenture hasn’t made any effort to negotiate the payment of the ransom.

Image: TechNadu.com

At some point yesterday, the counter reached zero. The actors published some documents that didn’t appear to contain very sensitive data, so this could be just a warning or an act to prove the legitimacy of the claims. However, it may also mean that the actors don’t really have anything valuable in their hands to proceed with the extortion. If Accenture contained the damage on certain secondary-importance servers as they claim, this could indeed be the case here.

Hitesh Sheth, President & CEO at cybersecurity expert ‘Vectra,’ tells us:

First reports suggest Accenture had data backup protocols in place and moved quickly to isolate affected servers. It’s too soon for an outside observer to assess the damage. However, this is yet another reminder to businesses to scrutinize security standards at their vendors, partners, and providers. Every enterprise should expect attacks like this – perhaps especially a global consulting firm with links to so many other companies. It’s how you anticipate, plan for and recover from attacks that counts.

In the meantime, cyber-intelligence firm Cyble has also published a Tweet where it sums up what its radars have been able to catch, speaking about the possibility of this being an insider job by someone who is still employed in Accenture, putting the ransom amount to $50 million, and the size of the stolen data at 6TB. We have no way to confirm any of that, so we’re reproducing it with caution.

LockBit kicked off the second generation of its affiliate RaaS program this June, and the attack on Accenture is one of the most prominent and high-profile they achieve since their reboot.

REVIEW OVERVIEW

Latest

Why Is Demon Slayer So Popular?

In August 2019, the world suddenly started talking about an anime series that had just released its nineteenth episode. Fast forward to...

F1 Live Stream 2022: How to Watch Formula 1 Without Cable

There's not much time until the 2022 Formula 1 World Championship gets underway - the first race is scheduled for late March,...

Disney+ Announces Basketball Series Inspired By Award-Winning Book The Crossover

Disney Plus announced a new basketball-themed drama series that is set to land on the streaming platform, drawing inspiration from the critically...
For a better user experience we recommend using a more modern browser. We support the latest version of the following browsers: For a better user experience we recommend using the latest version of the following browsers: Chrome, Edge, Firefox, Safari