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The US Secret Service Issues A Security Alert About Ransomware Attacks

The US Secret Service has issued a security alert about ransomware attacks, targeting managed service providers (MSPs) of both the US private sector and various government entities.

It has been reported by ZDNet that threat actors have been widely relying on ransomware attacks, point-of-sale intrusions, and business e-mail compromise scams to breach the internal networks of MSP customers.

However, MSPs are service providers related to remote management software for enterprises, including file-sharing systems for internal networks, which could also be hosted inside a cloud infrastructure.

The US Secret Service alerted the public to an increase in ransomware attacks against managed service providers — Cointelegraph (@Cointelegraph) July 7, 2020

US Secret Service officials issued a warning by stating:

“Due to the fact a single MSP can service a large number of customers, cybercriminals are specifically targeting these MSPs to conduct their attacks at scale to infect multiple companies through the same vector.”

Source: Cointelegraph | Image: Fifth Domain



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