French telecom huge Altice has reportedly been hit by a ransomware attack by the Hive hacker group.
The website RedPacket Security, which produces reports based on knowledge scraped from the dark web, lists Altice as getting been topic to a Hive ransomware attack on 9th August, with disclosure of the attack coming by means of on 25th August.
It is at this time unclear how big the attack was, or what data may have been influenced, but RedPacket’s listing states that files are at this time offered to download by means of the Tor browser.
Altice is the next greatest telecommunications enterprise in France, at the rear of Orange. Headquartered in the Netherlands, it serves millions of shoppers in Western Europe, Israel and the Caribbean.
The business previously operated a US subsidiary, but following heading general public in 2017 this was spun off into Altice Usa, a separately managed enterprise that is continue to headed by Altice founder and chairman Patrick Drahi.
In 2021, Altice acquired a 12.1% stake in BT underneath path by Drahi. This was amplified to an 18% stake in December 2021, bringing the company’s full point out in BT up to 18% and producing it the premier BT shareholder. In response, the authorities announced in May that it would examine the acquisition of shares for the reward of nationwide security.
Nonetheless, just days back the authorities stated in a press launch that “no more action” would be taken on the acquisition of the shares, and consequently Altice will retain its big hold on BT for the foreseeable potential.
Hive was initial determined as a ransomware team in June 2021, and since has been made use of in attacks these kinds of these manufactured recently against Costa Rican wellness vendors.
In July, Microsoft warned that Hive’s risk actors had made a more complex variant of the ransomware written in the coding language Rust, with greater performance at encrypting the documents of victims and that contains parameters that are tougher to recognize and solution in infected programs.
Ransomware attacks are on the increase, with one particular in 40 organisations now strike by risk actors and companies of critical infrastructure at increasing risk
IT Pro has approached Altice for comment. This short article will be up to date as a lot more info becomes accessible.
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