Over 70 US banks and credit unions affected by Marquis ransomware breach - here's what we know
NegativeTechnology
- Over 70 US banks and credit unions have been impacted by a ransomware breach involving the group known as Marquis, which reportedly paid the ransom demand. This incident raises significant concerns about the security of financial institutions and their ability to protect sensitive customer data.
- The breach not only jeopardizes the financial security of the affected institutions but also undermines consumer trust in banking systems. As these organizations work to recover, they face the challenge of restoring confidence among their clients and stakeholders.
- This incident reflects a troubling trend in the rise of ransomware attacks targeting various sectors, including financial institutions and educational establishments. The increasing sophistication of cybercriminals highlights the urgent need for enhanced cybersecurity measures across all industries to prevent similar breaches in the future.
— via World Pulse Now AI Editorial System
