Quick Books Cloud Hosting Firm iNSYNQ Hit in Ransomware Attack
Summary: Cloud hosting provider iNSYNQ, which specializes in hosted QuickBooks, said it suffered a ransomware attack on July 16 and took its network offline to contain it, leaving customers unable to reach their accounting data for three days. The company said the attack rendered data belonging to certain clients inaccessible, engaged outside cybersecurity help, and had no estimate for when files would be restored, while customers complained on Twitter about the lack of updates and the company deactivated its Twitter account.
What's compelling: Accountants who manage financial data for their own clients lost access to it for three days with no restoration timeline, and iNSYNQ's CEO said the malware was a new variant that had not been detected before - a reminder that the hosting provider holding your books is a single point of failure you do not control.
Read the original at Krebs on Security ↗
- Topics
- Data Breaches
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