Ransomware forces ERT appoint a new CEO


Healthcare Technology firm eResearchTechnology (ERT) has taken a stringent decision against its old CEO by replacing him with a new person who has been associated with companies like Rackspace and Earthlink for years. The decision was taken as the old CEO could not stop the company’s digital assets been raided by ransomware, causing the healthcare authorities to delay COVID-19 treatments during the time at which the pandemic was spreading quick.

ERT is into selling of specialized clinical software to hospitals and clinics across the United States. And a ransomware attack is reported to have caused a slowdown in COVID-19 Treatment for two weeks.

As the CEO and President Jim Corrigan failed to take necessary measures in defending the attack on the database, he has been asked to step down now by the management and will be replaced by Joe Eazor, a former CEO of Conifer Health Solutions.

Unconfirmed sources say that the step-down was due to the ransomware attack launched on ERT on September 20th, 2020. However, Mr. Connigan cited personal reasons for his replacement and wished great success to the company and the new CEO.

After a forensic probe was launched on September 21st, 2020 it was revealed that the database of the clinical trial software company was hit by Ryuk Ransomware.

Note– Ryuk Ransomware is a notorious malware spreading gang that first steals data and then encrypts the database until a ransom is paid. And as per the study made by Sophos, Ryuk is the biggest gang that made immense money by spreading ransomware in 2019.

Naveen Goud
Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

No posts to display