Business

German Technology Company Software AG Hit With $23mn Ransomware Attack


German tech firm Software AG has suffered a massive malware attack, with hackers asking for a ransom of $23 million after stealing employee information and company documents.


The attackers published screenshots of the company's data on a website the hackers operate on the dark web.


Software AG said that the ransomware attack only affected its internal network while customer cloud services were unaffected.


The ransomware attack encrypted patient data at the hospital (representational image)Pixabay


A copy of the ransomware binary used against Software AG was discovered earlier this week by security researcher MalwareHunterTeam.


Software AG's customers include organizations from government, banking, transportation, insurance, retail, and other sectors.






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