Security Market Segment LS
Saturday, 10 October 2020 07:45

Germany's Software AG hit by Windows Cl0p ransomware Featured

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Germany's Software AG hit by Windows Cl0p ransomware Pixabay

Germany-based global enterprise software company Software AG has suffered a ransomware attack launched by cyber criminals using the Cl0p ransomware that runs on Windows systems.

The attackers are demanding a ransom of US$23 million, according to the ransom note made public by security outfit MalwareHunterTeam.

The attack was made public on 5 October. "The IT infrastructure of Software AG is affected by a malware attack since the evening of 3 October 2020," the company said

"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.

"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.

"If required to secure its service levels, Software AG will enhance its interim helpdesk system. Software AG is not aware of any customer information being accessed by the malware attack. Software AG is further investigating the incident and is doing everything in its power to resolve the resulting disruption as soon as possible."

The German company, which completed 50 years in the software business in May last year, is the biggest integration software provider and also the world's biggest IoT platform provider.

According to Wikipedia, the company recorded revenue of €865 million (A$1.4 billion) in 2018. It has close to 5000 employees and its profits in 2018 were €195.0 million.

Thanks to Bleeping Computer for a link to the ransom note.


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Sam Varghese

Sam Varghese has been writing for iTWire since 2006, a year after the site came into existence. For nearly a decade thereafter, he wrote mostly about free and open source software, based on his own use of this genre of software. Since May 2016, he has been writing across many areas of technology. He has been a journalist for nearly 40 years in India (Indian Express and Deccan Herald), the UAE (Khaleej Times) and Australia (Daily Commercial News (now defunct) and The Age). His personal blog is titled Irregular Expression.

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