ISS World, a Denmark based company that is into catering, cleaning and security business is reported to have become a victim of a ransomware cyberattack. The company’s website has been inaccessible since Feb 17th of this week and the management at the London’s Surrey, Canary Wharf and Weybridge offices consisting of 43,000 staff members are unable to access emails since then.
ISS (International Service System) officials say that the database has been locked from being accessed due to file-encrypting malware infection and details on the ransom demand are yet to be disclosed.
As the impact will affect more than 500,000 global employees of the company at some point in time, authorities are working round the clock to restore the services as quickly as possible.
ISS says some servers and services have been restored. But a lot of work is pending which is due to be completed by this month-end.
Note 1- Nowadays hackers are seen stealing data before encrypting a database and this ensures that they do not remain empty-handed if the victim fails to pay as the stolen data can be sold on the marketplace of the dark web.
Note 2- In the recent ransomware threat report compiled by SonicWall, its sensors and researchers have detected a whopping total of 187.8 million ransomware attacks in 2019. Here, attackers are seen making more money from few, but high profile victims.