Its fintech business, Sopra Banking Software, identified the virus which is a new version of the Ryuk ransomware and previously unknown to cyber security providers. IT services giant Sopra Steria has admitted that it will take "weeks" for the company to recover after it was hit by a serious cyber attack last week.. Uncertain impacts of a cyber attack This attack … Cyber security is an absolute priority for companies and administrations in the digital world. A cyberattack has been detected on Sopra Steria’s IT network on the evening of 20th October. Which would be unfortunate for any business at the best of times, but is possibly even more galling for a firm like Sopra Steria which has a specialist cybersecurity branch which claims to help customers “protect sensitive information, and prevent costly data breaches.” Sopra Steria Ransomware Attack French IT service giant Sopra Steria was attacked by ransomware on the evening of 20th October, as confirmed by the company. Sopra Steria declined to comment when The Register contacted it, beyond referring us to a regulatory statement published last night at 19:15 CEST (18:15 UK time). Leading French IT services provider Sopra Steria was targeted with the new variant of Ryuk ransomware, which even the cyber security firms and antivirus software makers were unaware of. The secure remediation plan launched on 26 October is nearly complete. That same joint venture was found back in 2017 to be responsible for the biggest ever loss of patient documents - more than 708,000 items of correspondence, including test results. The cyberattack against Sopra Steria has had a global impact on the IT services provider and will take “several weeks” to recover from, Verdict has learned. Having analysed the attack and established a remediation plan, the Group is starting to reboot its information system and operations progressively and securely, as of today. The internal cybersecurity staff rapidly blocked the threat and the measures implemented allowed the company to contain the virus to only a limited part of the Group’s infrastructure. The virus has been identified: it … Key trends such as mobility, cloud, big data, IoT, AI or machine learning increase the risk of cyber-attacks. In an update published on its website, the NHS supplier admitted that the ransomware attack would negatively impact its gross operating margin by between €40 million (£35.6m) and €50 million (£44.5m). IT services group Sopra Steria has revised downwards its 2020 financial targets, saying that full-year revenues are now expected to suffer a 4.5-5.0 percent fall organically (-2% to -4% previously). European IT services group Sopra Steria has been hit by a cyber attack. Related: Norsk Hydro Says Cyber Attack Cost It Around $50 Mln. Sopra Steria ransomware attack costs group €50m: Firmen im Artikel. “A cyber attack was detected on the Sopra Steria computer network on the evening of October 20. Security measures have been taken to limit the risk of propagation.” reads the press release published by the company. Sopra Steria published a statement on October 21st … European IT services group Sopra Steria has been hit by a cyber attack. Sopra Steria, a European leader in consulting, digital services and software development, helps its clients drive their digital transformation and obtain tangible and sustainable benefits. “A cyber attack was detected on the Sopra Steria computer network on the evening of October 20. French-headquartered IT outsourcer Sopra Steria has been struck by a “cyberattack,” reportedly linked to the Ryuk ransomware gang. The virus has been identified: it is a new version of the Ryuk ransomware, previously unknown to antivirus software providers and security agencies. In a matter of days, Sopra Steria's share price crashed from €135 – when reports of the 20 October attack first began leaking out – to €101.8 the day after it reported the attack. 25.11.2020 - Regulatory News: On 21 October, Sopra Steria (Paris:SOP) announced it had detected a cyberattack using a previously unknown version of the Ryuk ransomware. The cyberattack against Sopra Steria has had a global impact on the IT services provider and will take “several weeks” to recover from, Verdict has learned. PARIS--(BUSINESS WIRE)--Regulatory News: On 21 October, Sopra Steria (Paris:SOP) announced it had detected a cyberattack the previous evening. The company says it has 46,000 employees across 25 countries. Sopra Steria records heavy financial loss after Ryuk ransomware attack As reported in October 2020, Sopra Steria, a renowned French IT services provider, confirmed that its systems were targeted with a ransomware attack in October, which cost it a loss of tens of millions of dollars. This attack was rapidly blocked thanks to in-house... | November 25, 2020 Sopra Steria is a member of France’s Cyber Campus, an industry-led initiative to spread cyber security awareness, training and product sales. Cyber-attacks are gaining ground and are becoming the fastest-growing criminal activity in the world. There is hope at hand for Sopra Steria, however, if the malware is indeed RYUK. “The Group’s teams are fully mobilized to ensure a return to normal as quickly as possible and everything is done to ensure business continuity. 2019 Universal Registration Document (PDF). Which would be unfortunate for any business at the best of times, but is possibly even more galling for a firm like Sopra Steria which has a specialist cybersecurity branch which claims to help customers “protect sensitive information, and prevent costly data breaches.” Sopra Steria is a member of France’s Cyber Campus, an industry-led initiative to spread cyber security awareness, training and product sales. A cyberattack has been detected on Sopra Steria’s (Paris:SOP) IT network on the evening of 20th October. Sources say that the attack was discovered last weekend and as per the preliminary inquiry conducted thereafter, the malware could have entered the database on Tuesday last week. runs a joint venture with the UK Department of Health and the NHS, for the biggest ever loss of patient documents, allegations of unpaid invoices and substandard work. IT services firm Sopra Steria says it expects the ransomware attack it suffered earlier this year to hit its operating margins by up to €50 million. At this stage, and following in-depth investigation, Sopra Steria has not identified any leaked data or damage caused to its customers’ information systems. Security measures have been implemented in order to contain risks. One report from Verizon claims that 43% of email attacks target SMBs. This is yet another cautionary tale of the destructive power of human-operated ransomware. Sopra Steria claims that the attack was detected on 20 October, and it may take weeks to restore its systems. At this stage, and following in-depth investigation, Sopra Steria has not identified any leaked data or damage caused to its customers’ information systems. Unternehmen / Aktien Kurs % SOPRA STERIA GROUP SA: 129,80 +0,31 %: This attack was rapidly blocked thanks to in-house IT and cybersecurity teams. Its fintech business, Sopra Banking Software, identified the virus which is a new version of the Ryuk ransomware and previously unknown to cyber security providers. The world is how we shape it. Banking technology firm, Sopra Steria, says a ransomware attack which affected its systems in October has cost it upwards of €50 million. IT services provider Sopra Steria estimates that a recent ransomware attack will have a financial impact ranging between €40M and €50M. On 21 October, Sopra Steria announced it had detected a cyberattack the previous evening. With 46,000 employees in 25 countries, the Group generated revenue of €4.4 billion in 2019. Egregor gang publishes stolen data snippet but did anyone receive their extortion note? ... Sopra Steria has not identified any leaked data or damage caused to its customers’ information systems. The virus has been identified: it is a new version of the Ryuk ransomware, previously unknown to antivirus software providers and security agencies. Leading French IT services provider Sopra Steria was targeted with the new variant of Ryuk ransomware, which even the cyber security firms … Sopra Steria is the prime contractor for the management information system for all aircraft technical documentation and spare parts, as well as support for airline companies that are Airbus customers, and also has numerous partnerships with equipment manufacturers such as Safran or Thales. Regulatory News: On 21 October, Sopra Steria announced it had detected a cyberattack using a previously unknown version of the Ryuk ransomware. “The performance of the first nine months of 2020 and the first trends for the fourth quarter of 2020 are in line with these objectives,” Sopra Steria said in a press release. IT services firm Sopra Steria says it expects the ransomware attack it suffered earlier this year to hit its operating margins by up to €50 million. Regulatory News: On 21 October, Sopra Steria (Paris:SOP) announced it had detected a cyberattack using a previously unknown version of the Ryuk ransomware. Sopra Steria said the cyber attack took place only a few days before it was detected and the reason the attack was not blocked was that hackers used a new version of the Ryuk ransomware that was previously unknown to antivirus software providers and security agencies. The Group’s teams are working hard for a return to normal as quickly as possible and every effort has been made to ensure business continuity. French enterprise IT services company Sopra Steria confirmed today that they were hit with a Ryuk ransomware attack on October 20th, 2020. ... Sopra Steria helps companies and public administration to really control their security and risk management. The attack is expected to push Sopra Steria’s organic growth for 2020 into negative territory, by between -4.5% and -5%, it said. The company says it has 46,000 employees across 25 countries. Sources say that the attack was discovered last weekend and as per the preliminary inquiry conducted thereafter, the malware could have entered the … While the company did not reveal the family of malware that infected its systems, local media speculate the involvement […] This attack … Sopra Steria offers a wide range of IT services, including consulting, technology, software, system integration, business process, infrastructure management and cybersecurity. ... SolarWinds backdoor used in nation-state cyber attacks. Moreover, it has also been established that the cyberattack was only launched a few days before it was detected. Authorities in France are said to be investigating. The virus has been identified as a … Sopra Steria ransomware attack costs group €50m: Firmen im Artikel. Part of Situation Publishing, Biting the hand that feeds IT © 1998–2020, Firm says 'cyber incident' is being fought with third-party help, Six-day outage predicted as rebuild commences from untouched backups. for them to update their antivirus software. The measures implemented immediately made it possible to contain the virus to only a limited part of the Group’s infrastructure and to protect its customers and partners. This is yet another cautionary tale of the destructive power of human-operated ransomware. Planning for success beyond the initial stages of a project is key. The French-headquartered firm, which provides outsourcing services to the NHS, was hit by a suspected ransomware attack late on Tuesday. Security measures have been implemented in order to contain risks. For more information and to change the setting of cookies on your computer, please read our, Compensation of executive company officers. Sopra Steria offers a wide range of IT services, including consulting, technology, software, system integration, business process, infrastructure management and cybersecurity. The French-headquartered firm, which provides outsourcing services to the NHS, was hit by a suspected ransomware attack late on Tuesday. IT services group Sopra Steria has pinpointed the source of the cyber attack that hit its information systems early last week. A new variant of Ryuk ransomware previously unknown to antivirus software providers and security agencies was behind a cyberattack on Sopra Steria's … Sopra Steria, the France based Information Technology company was hit by a ransomware attack forcing it to pull down all its servers offline. The Group’s teams are working hard for a return to normal as quickly as possible and every effort has been made to ensure business continuity. 21.10.2020 - Regulatory News: A cyberattack has been detected on Sopra Steria’s (Paris:SOP) IT network on the evening of 20th October. IT services giant Sopra Steria has announced that last month’s cyber attack on its systems is likely to cost the company up to €50 million.. 5-Tage-Chart SOPRA STERIA. Over on this side of the channel, the IT outsourcer was this month in court amid allegations of unpaid invoices and substandard work. Sopra Steria Group (SOP) is listed on Euronext Paris (Compartment A) - ISIN: FR0000050809 For more information, please visit our website www.soprasteria.com Contacts Related: Norsk Hydro Says Cyber Attack Cost It Around $50 Mln. Sopra Steria said it detected the cyber attack on October 20, and shared what it knew with security authorities and security suppliers. 21.10.2020 - Regulatory News: A cyberattack has been detected on Sopra Steria’s (Paris:SOP) IT network on the evening of 20th October. European IT services group Sopra Steria has announced that it fell victim to a cyber attack on the 20th October. However, smaller companies are just as susceptible to cyber- attacks. “The Group’s teams are fully mobilized to ensure a return to normal as quickly as possible and everything is done to ensure business continuity. Sopra Steria places people at the heart of everything it does and is committed to making the most of digital technology to build a positive future for its clients. It will take a few weeks for a return to normal across the Group. IT services company Sopra Steria says it has contained a Ryuk ransomware attack, but systems will take a few weeks to be fully operational. Ryuk has netted its creators $3.7 million in ransoms Sopra discovered the Ryuk ransomware on 21 October. The Group’s teams are working hard for a return to normal as quickly as possible and every effort has been made to ensure business continuity. Unternehmen / Aktien Kurs % SOPRA STERIA GROUP SA: 129,80 +0,31 %: Often these attacks are much more damaging to smaller businesses, sometimes forcing them to shut down completely. "The Group’s insurance coverage for cyber risks totals €30 million." In late 2019 an infosec firm declared it had obtained a decryptor for the ransomware, meaning victims do not necessarily need to pay criminals to get their files back. By continuing to navigate on this website, you accept the use of cookies. The Group was able to quickly make this new version’s virus signature available to all antivirus software providers, in order This unavailability and diverting of resources has a “gross negative impact” on Sopra’s operating margin to the tune of €30 million to €50 million. Sopra Steria claims that the attack was detected on 20 October, and it may take weeks to restore its systems. IT department may need some, Miscreants threaten to make files, source code public within 72 hours, Same people who killed Travelex and revenge-published personal data when ignored. European IT services group Sopra Steria has announced that it fell victim to a cyber attack on the 20th October. IT services giant Sopra Steria has announced that last month’s cyber attack on its systems is likely to cost the company up to €50 million.. The company admitted that the ransomware attack left a negative impact on its operating margin, which remained between €40 million and €50 million, while its insurance coverage for cyberattacks is EUR 30 million. At the end of October, French IT outsourcer Sopra Steria has been hit by a ransomware attack. IT services giant Sopra Steria has admitted that it will take "weeks" for the company to recover after it was hit by a serious cyber attack last week.. Its previous 2020 high had been €160 in January, crashing in mid-March to €82 – coincident with the COVID-19 pandemic's full effect reaching Western Europe – before recovering to its October high. Sopra Steria places people at the heart of everything it does and is committed to making the most of digital technology to build a positive future for its clients. IBM is well-positioned to help organizations incorporate high-performance solutions for AI into the enterprise landscape. The Group’s insurance coverage for cyber risks totals €30 million. French IT services giant Sopra Steria said today in an official statement that the October Ryuk ransomware attack will lead to a loss of between €40 million and €50 million. Security measures have been taken to limit the risk of propagation.” reads the press release published by the company. Sopra Steria, a European leader in consulting, digital services and software development, helps its clients drive their digital transformation to obtain tangible and sustainable benefits. Sopra Steria said it detected the cyber attack on October 20, and shared what it knew with security authorities and security suppliers. This attack was rapidly blocked thanks to in-house IT and cybersecurity teams. Some local news outlets interpretted the attack as an embarrassment, though the blunt truth is that phishing attacks which lead to ransomware infections tend to be very difficult for non-specialists to spot. In an update published on its website, the NHS supplier admitted that the ransomware attack would negatively impact its gross operating margin by between €40 million (£35.6m) and €50 million (£44.5m). The outsourcer also runs a joint venture with the UK Department of Health and the NHS, NHS Shared Business Services, which just this week awarded a £500m framework to a number of smaller firms. Nice folk, 'After careful consideration' uni decided to pay up using its insurance policy. Cyber-attacks are gaining ground and are becoming the fastest-growing criminal activity in the world. Infosec blogger Graham Cluley opined: “Naturally Sopra Steria’s corporate clients, some of whom rely upon the firm to operate their core business processes and IT systems, will be concerned and will have plenty of questions regarding the nature of the attack.”. Security measures have been implemented in order to contain risks. The security measures implemented immediately made it possible to contain the virus to only a limited part of the Group’s infrastructure and to protect its customers and partners. A cyberattack has been detected on Sopra Steria’s IT network on the evening of 20th October. Sopra Steria Ransomware Attack French IT service giant Sopra Steria was attacked by ransomware on the evening of 20th October, as confirmed by the company. Sopra Steria’s investigation teams immediately provided the competent authorities with all information required. In a matter of days, Sopra Steria's share price crashed from €135 – when reports of the 20 October attack first began leaking out – to €101.8 the day after it reported the attack. On 21 October, Sopra Steria announced it had detected a cyberattack the previous evening. Sopra says the attack won’t “significantly” affect its sales activity. A cyberattack has been detected on Sopra Steria’s IT network on the evening of 20th October. European IT services group Sopra Steria has been hit by a cyber attack. 25.11.2020 - Regulatory News: On 21 October, Sopra Steria (Paris:SOP) announced it had detected a cyberattack using a previously unknown version of the Ryuk ransomware. Key trends such as mobility, cloud, big data, IoT, ... Sopra Steria helps companies and public administration to really control their security and risk management. This attack … Sopra Steria claims that its negative organic revenue growth for 2020 may increase to up to 5% compared to last year’s 2-4%. Security measures have been implemented in order to contain risks. The business declined to say what had happened, though French media reports indicated (en francais) that Sopra Steria’s Active Directory infrastructure had been compromised, seemingly by hackers linked to the Ryuk malware crowd. Having analysed the attack and established a remediation plan, the Group is starting to reboot its information system and operations progressively and securely, as of today. The October Ryuk attack. According to industry analysts, a critical element for secure hybrid multicloud environments is the storage infrastructure. The Group’s teams are working hard for a return to normal as quickly as possible and every effort has been made to ensure business continuity. The virus has been identified: it is a new version of the Ryuk ransomware, previously unknown to antivirus software providers and security agencies. Hear from Steve Sibley, VP of Offering Management for IBM Power Systems about how IBM Power Systems can enable hybrid cloud environments that support “build once, deploy anywhere” options. In a new statement issued by Sopra Steria, the company confirmed that it has detected an attack involving the Ryuk ransomware on 21 October. Sopra Steria places people at the heart of everything it does and is committed to making the most of digital technology to build a positive future for its clients. Sopra Steria is in […] On 21 October, Sopra Steria announced it had detected a cyberattack the previous evening. Sopra Steria said the cyber attack took place only a few days before it was detected and the reason the attack was not blocked was that hackers used a new version of the Ryuk ransomware that was previously unknown to antivirus software providers and security agencies. The attack is expected to push Sopra Steria’s organic growth for 2020 into negative territory, by between -4.5% and -5%, it said. Sopra Steria, the France based Information Technology company was hit by a ransomware attack forcing it to pull down all its servers offline. The group’s insurance coverage for cyber risks covers €30 million of the total. ®, The Register - Independent news and views for the tech community. 5-Tage-Chart SOPRA STERIA.