Clop ransomware hits Software AG, demands $20 million+ ransom

Clop ransomware hits Software AG, demands $20 million+ ransom
  

Software AG, a German tech giant had its helpdesk and internal communication systems discrupted after Clop ransomware attack.


Over the weekend, Germany’s second-largest tech firm Software AG suffered a ransomware attack. The company had to shut down many of its internal systems. Allegedly, the attackers took company data and demanded over $20 million (€17 million) in ransom.


According to the company, its cloud offerings weren’t affected; however, its internal communications and helpdesk went offline and haven’t recovered fully as yet.


See: Clop ransomware group leak pharmaceutical giant’s data on dark web


Software AG is one of the world’s leading software firms with over 10,000 enterprise customers in 70 countries, including Fujitsu, Vodafone, Airbus, and Telefonica. The company’s product portfolio includes business infrastructure software such as enterprise service bus (ESB) frameworks, database systems, business process management systems (BPMS), and software architecture (SOA).


Hackread.com can confirm that the Clop ransomware group is responsible for breaching Software AG’s internal network which happened on October 3rd. The attackers are claiming to steal company’s data and demandeding ransom in exchange for the decryption key.

 

In a press release on October 5th, Software AG wrote that:



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 manne ..

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