Tuesday, 17 October, 2017

Hackers hit accountancy firm Deloitte, stealing plans, emails and passwords

Deloitte is one of the Deloitte is one of the"big four acountancy firms
Rosalie Gross | 26 September, 2017, 01:14

Deloitte discovered the attack in March, but the hackers may have had access to the information since October or November 2016, the newspaper reported.

It is believed confidential emails and plans of Deloitte's blue-chip clients have been exposed in an attack that went unnoticed for months.

The account required only a single password and did not have "two-step" verification, sources said.

"Deloitte is one of the largest consulting firms in the world that regularly advises its clients on cybersecurity matters, including strong guidance around information governance", said Richard Stiennon, chief strategy officer of Blancco Technology Group, via email. The review of the breach is ongoing and the company is working to retrace the hacker's steps to see exactly what information was accessed.

A spokesperson for Deloitte told the Guardian that in the course of implementing "its comprehensive security protocol", it found "that no disruption has occurred to client businesses, to Deloitte's ability to continue to serve clients, or to consumers".

The auditing and consulting firm said in a statement Monday that it's now informing the clients affected and has notified governmental authorities after it became aware of the incident.

It is not known which government departments have been affected by the attack, and it's not clear whether this was a state-sponsored hack. "That amount is a very small fraction of the amount that has been suggested". A spokesman for the accounting firm did not immediately return a request for comment from The Hill.

"Cyber risk is more than a technology or security issue, it is a business risk", Deloitte tells potential customers on its website.

Deloitte has been the subject of the latest major cybersecurity attack, with confidential information from some of its clients reportedly compromised. "Embedding best practice cyber behaviors help our clients to minimize the impact on business". According to the Guardian, the breach has been kept under wraps since it was noticed by administrators in March. "The companies include household names as well as USA government departments", the report said.

The breached data may have included names, addresses, social insurance numbers and - in some cases - credit card numbers.

The Equifax breach was discovered in July, but those potentially affected were notified only in mid-September 2017.

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