Olympus Hit With Second Cyberattack This Year

Share post:

Japanese technology company Olympus said on Tuesday it was investigating a cyberattack on its IT systems in the U.S., Canada and Latin America.

The cybersecurity incident was discovered by the company on Sunday, but despite the help of forensic experts, the issue is still unresolved.

The latest incident follows another cyberattack that hit Olympus on September 11.

The ransomware incident, which is believed to have been committed by the BlackMatter ransomware group, affected the company’s EMEA IT systems.

Olympus described the incident as an “attempted malware attack,” but quickly explained that no data was retrieved during the incident.

The BlackMatter ransomware group is one of the most productive ransomware groups that operate today after it emerged this summer from the remnants of the DarkSide ransomware group.

Neil Jones, a cybersecurity evangelist at Egnyte, said the second cyberattack on a tech giant like Olympus in just over a month should be an important wake-up call that no major global corporation should think it is less vulnerable to ransomware attacks.

Olympus employs more than 31,000 people worldwide.

For more information, read the original story in ZDNet.

SUBSCRIBE NOW

Related articles

Cyber Security Today, Week in Review for week ending Friday May 17, 2024

Welcome to Cyber Security Today. This is the Week in Review for the week ending Friday, May 17th,...

Cyber Security Today, May 17, 2024 – Malware hiding in Apache Tomcat servers

Malware hiding in Apache Tomcat servers, new backdoors found, and more Welcome to Cyber Security Today. It's Friday, May...

MIT students exploit blockchain vulnerability to steal 25 million dollars

Two MIT students have been implicated in a highly sophisticated cryptocurrency heist, where they reportedly exploited a vulnerability...

Cyber Security Today, May 15, 2024 – Ebury botnet still exploits Linux servers, Microsoft, SAP and Apple issue security updates

The Ebury botnet continues to exploit Linux servers, Microsoft, SAP and Apple issue security updates, and more. Welcome to...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways