Malware

Schneider Electric Confirms Dev Platform Breach: Hacker Seizes Sensitive Data in Bold Cyberattack

Schneider Electric has confirmed that its developer platform suffered a data breach, resulting in unauthorized access to product security vulnerability details. The breach was discovered on 10 August, after a hacker claimed to have stolen the data. Schneider Electric is working with security researchers to identify the individual responsible and the extent of the breach.

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Imagine waking up one morning to find out that your entire database has been hacked, and critical information is now held hostage by a group of cybercriminals. That’s precisely what happened to Schneider Electric, a French multinational corporation known for its energy and automation products.

Unauthorized access to Schneider Electric’s data

A threat actor, who goes by the name “Grep,” recently taunted Schneider Electric on X, indicating they had breached the company’s systems. They claimed to have accessed Schneider Electric’s JIRA server using exposed credentials and scraped 400k rows of user data, including 75,000 unique email addresses and full names of the company’s employees and customers.

Schneider Electric confirmed the breach, stating that they were investigating a cybersecurity incident involving unauthorized access to one of their internal project execution tracking platforms. The company assured that its products and services remain unaffected by the breach.

A new hacking group emerges

Grep revealed to us that they had recently formed a new hacking group called the International Contract Agency (ICA), named after the game Hitman: Codename 47. Initially, the group didn’t extort companies they breached. However, upon discovering that the “ICA” name was associated with a group of Islamic terrorists, the threat actors rebranded themselves as the Hellcat ransomware gang and began developing an encryptor for future extortion attacks.

Extortion demands and a history of breaches

Grep is now extorting Schneider Electric, demanding $125,000 not to leak the stolen data and half of that amount if the company releases an official statement. This isn’t the first time Schneider Electric has faced a cybersecurity breach. Earlier this year, its “Sustainability Business” division fell victim to a Cactus ransomware attack, where the threat actors claimed to have stolen terabytes of data.

Don’t let this happen to you

As technology advances, so do the methods and tactics employed by cybercriminals. It’s essential to take cybersecurity seriously and invest in the right tools and strategies to protect your valuable data. Don’t wait until you become the next Schneider Electric. Instead, take action now to secure your digital assets and prevent a potential breach.

Keep coming back to learn more about the latest cybersecurity trends, tips, and best practices. We’re here to help you stay informed and protect your business from the ever-evolving world of cyber threats.

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