clop attacks Newcourse Communications Inc
Incident Date:
August 13, 2022
Overview
Title
clop attacks Newcourse Communications Inc
Victim
Newcourse Communications Inc
Attacker
Clop
Location
First Reported
August 13, 2022
Newcourse Communications Inc. Suffers Ransomware Attack
Company Overview
Founded in 2005, Newcourse Communications Inc., based in Nashville, Tennessee, has established itself as a full-service data-processing, print-&-mail provider. Employing over 32 individuals, the company boasts an annual revenue of approximately $6 million. It specializes in offering custom programming, creative services, and production solutions across various servicing software systems such as BKFS, FICS, Megasys, and proprietary in-house platforms. Newcourse Communications Inc. primarily serves the mortgage, automobile, credit union, and banking industries with tailored jobs.
Vulnerabilities and Impact
In August 2022, Newcourse Communications Inc. fell victim to a ransomware attack orchestrated by the Clop group. This cyber assault led to the unauthorized access of sensitive consumer data, including names and Social Security numbers, affecting 47,979 individuals. In response, the company initiated a collaboration with third-party data security experts to fortify its network defenses and meticulously review the compromised data.
Aftermath and Response
Following the breach, Newcourse Communications Inc. undertook immediate measures to mitigate the impact on affected parties. This included dispatching data breach notifications to all impacted individuals and partnering with identity theft protection services to offer credit monitoring and other preventive measures. Furthermore, the company engaged with its cyber insurance provider and sought legal advice to navigate the aftermath of the attack efficiently.
Industry Standing
Despite the setback caused by the ransomware attack, Newcourse Communications Inc. maintains its reputation as a trusted partner in the data-processing and print-&-mail sector. The company's dedication to providing custom programming, creative services, and production solutions remains unwavering. Its comprehensive services are crucial for clients in the mortgage, automobile, credit union, and banking industries, assisting them in managing complex data processing and print-&-mail requirements.
The ransomware attack on Newcourse Communications Inc. serves as a stark reminder of the persistent cybercrime threats facing the data-processing and print-&-mail industry. It underscores the critical need for robust cybersecurity protocols and continuous vigilance to counteract the evolving landscape of cyber threats.
Sources
- Newcourse Communications Inc. Official Website
- List of Data Breaches and Cyber Attacks in August 2022 - IT Governance UK Blog
- Newcourse Communications Inc. Announces Data Breach - JD Supra
- November 2022 THDA Committee and Board Materials - THDA.org
- Montana Department of Justice - Consumer Protection
- California Department of Justice - Office of the Attorney General
Recent Ransomware Attacks
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