Xchanging Hit With a Ransomware
Xchanging is a managed services provider primarily for insurance companies, and also serves firms in education, consumer packed goods, automotive, aerospace, defense, financial, manufacturing, and healthcare. It has 7,000 employees working worldwide and is a subsidiary of DXC Technology. Last week, the parent company has disclosed a ransomware attack on its subsidiary, Xchanging. This was reported in SEC filings on July 5th, saying the attack was limited to a subset of Xchanging systems only and assures no compromise or loss of data. The company has reportedly investigated with authorities, and said would be revealing more data as confirmed. It does not define when the company has actually detected the attack and the malicious authors. As of now, it’s seen that only a few of the clients have remedied and back-up running. And since the investigation is ongoing, there’s no much data about this incident to learn about.
