Tag Archive : DataStealing

/ DataStealing

A major German enterprise software company has become the latest tech name to suffer a likely ransomware attack featuring information theft.

IoT specialist Software AG, which claims to have over 10,000 customers and annual revenue exceeding €800m, revealed the news in a brief update late last week.

The note claimed the attack had been ongoing since Monday and had yet to be fully contained.

“Today, Software AG has obtained first evidence that data was downloaded from Software AG’s servers and employee notebooks. There are still no indications for services to the customers, including the cloud-based services, being disrupted. The company is refining its operations and internal processes continuously,” it explained on October 8.

“Software AG is further investigating the incident and is doing everything in its power to contain the data leak and to resolve the ongoing disruption of its internal systems, in particular to restart its internal systems as

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