Accenture Security Breach May Cost $50M | LPI

Accenture Security Breach May Cost $50M | LPI

A real wake-up call for any firm that hasn’t looked at its cybersecurity. According to an article from CRN, a hacker group is demanding $50M USD from Accenture.

According to a tweet from Cyble, a dark web and cybercrime monitoring firm, there is a demand of $50M USD in exchange for more than 6TB of data.

In a recent survey of their clients undertaken by Australian consulting firm IPS (InPlace Solutions), it was found that 72% of firms have experienced an increase in Cyber-attack activity post-COVID and that 83% of firms report an increased concern for the Senior Executive, Managing Partner and/or Board about Cyber threats – see the full link to the IPS article here.

Also read top viewed Ai Legal article: The Role of AI in Legal Research.

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