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UK Fintech Company Finastra Targeted by Hackers

Written by  Mar 20, 2020

UK-based financial technology company Finastra is investigating a cybersecurity incident that may involve a piece of ransomware infecting its internal systems.

Finastra has over 10,000 employees and it delivers financial software to more than 9,000 customers across 130 countries, including 90 of the top 100 banks.

Cybersecurity blogger Brian Krebs reported that the company suffered a security breach that led to the disruption of some services. Krebs said the company’s response to the incident suggests that it was a ransomware attack.

Finastra has chosen not shared any details about the attack.

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“Earlier, Finastra teams learned of potentially anomalous activity on our systems. Upon learning of the situation, we engaged an independent, leading forensic firm to assist us in investigating the scope of the incident. Out of an abundance of caution, we immediately acted to take a number of our servers offline while we continue to investigate,” Tom Kilroy, chief operating officer at Finastra, said in a statement.

He added, “We are working to resolve the issue as quickly and diligently as possible and to bring our systems back online, as appropriate. We are in touch directly with any customers who may be impacted.”

cyber corporateAlso see: The Top Cyber Security Companies in the UK

Bad Packets mentioned after the news broke that Finastra last year hosted vulnerable Pulse Secure servers. Pulse Secure enterprise VPN products are affected by a critical vulnerability that has been exploited in attacks.

Bad Packets also pointed out that at least until January 11, 2020, Finastra had four Citrix servers that were vulnerable to attacks due to an actively exploited security hole disclosed late last year.

Researcher Kevin Beaumont noted that if the attackers targeted the Pulse Secure VPN, the company may have been hit by REvil ransomware.


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