Another big Data Breach

How big? We don’t know presently, but Finastra, a Fintech conglomerate providing a wide range of middle tier technology services to banks, allegedly was hit by a ransomware attack early today. Apparently the situation is so dire the firm has disconnected from the internet temporarily while the investigation continues. About a five-minute read.

Comment: I do have some connections into the murky world of Black Hat, and I suspect this was a crime of opportunity. In other words, the hackers likely had access for some time now, and launched their attack at a time selected to cause maximum disruption — as well as maximum chance of being paid to go away. Nasty business.