April 2020
Bloomberg Businessweek
Hackers silently entered the computer network of London-based banking software maker Finastra in mid-March, as the company was focused on developing emergency plans for operating amid the emerging Covid-19 coronavirus pandemic. Moving with precision and speed, they captured employee passwords and installed backdoors in dozens of servers in critical parts of Finastra’s network…
Eric Friedberg, Co-President of Aon Plc’s Stroz Friedberg incident response firm, which wasn’t involved in the Finastra incident, says that since January, the time between attackers gaining access to a network and deploying ransomware has dropped from weeks or months to from 2 to 10 days. He says the accelerated pace has slashed the time victims have to detect intrusions and decide how to respond, maximizing the hackers’ leverage.
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