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Hackers using MSPs as staging ground to launch ransomware attacks: US Secret Service
Tuesday, July 7, 2020
The U.S. Secret Service has warned private and government organisations that hackers are targeting Managed Service Providers (MSPs) and are using them as staging grounds for ransomware attacks and to carry out BEC scams.
"Attackers concentrate their malicious efforts on MSPs because they are now a low-hanging fruit. Worse, most of the successful intrusions are never detected or reported given that the attackers have strong incentives to conceal the breach that may otherwise trigger an investigation that may depreciate the value of stolen data or even bring a SWAT team to their homes," says Ilia Kolochenko, Founder & CEO ImmuniWeb.
"We will likely see a steady proliferation of well-thought-out attacks against MSPs, targeting their clients' data. Organizations should re-think their third party risk management strategies, making them adjustable and proportional to the risk on a case-per-case basis," he adds. Read Full Article
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