Verint Systems Inc., a cybersecurity software provider, turned into itself the goal of a ransomware attack, the Melville enterprise stated. The attack on April 16 changed into repulsed, and Verint’s laptop structures have been restored “in less than 24 hours without any impact to customers or companions,” the business enterprise stated in an information release ultimate week.
Verint, Long Island’s 9th-largest public employer, based totally on 2017 sales of $1.14 billion, said it was capable of include the assault, in component, via using its personal software and that no ransom turned into paid. A business enterprise spokesman did not reply to a request for further remark.
In a ransomware assault, the online intruders typically threaten to deny a business enterprise access to information they have scrambled or to put up unfavorable cloth such as personal client information unless a ransom is paid. Verint’s shares edged up zero.1 percent at last Monday to $60.81. Twelve months in the past, the stock turned into trading at $ forty-two. 10.
A screenshot of a worker’s laptop posted in The Marker, a business ebook in Israel, where Verint conducts research and improvement, stated the enterprise was dealing with a “vital trouble” and urged employees to turn off their computers if they got a ransomware pop-up.
Steve Morgan, founder, and editor-in-chief at Cybersecurity Ventures, market studies and intelligence company based totally in Northport, said that ransomware is a big commercial enterprise.
“Ransomware damage charges are predicted to exceed $20 billion globally with the aid of 2021, up from around $325 million in 2015,” he said.
Morgan said that Verint probably could restore its systems fast as it had a full gadget backup, a critical approach for any enterprise.
“Backing up all your information is the high-quality defense in opposition to a ransomware attack,” he said. Verint sells software to government corporations to hit upon and investigate cyberattacks and gather and analyze facts on capability terrorist and regulation enforcement threats by monitoring social media and the darknet. In the monetary yr ended Jan. 31, Verint’s cyber intelligence software accounted for approximately 35 percent of sales.
The remainder of Verint’s sales comes from hardware and software programs used to run enterprise call facilities. In November, another Long Island organization disclosed it had been the victim of a cyberattack that gave hackers access to personal corporate and worker information “over a duration of years.”
Veeco Instruments Inc., a Plainview manufacturer of the device used to make stable-kingdom lighting and different semiconductor devices, mentioned it could in no way be able to become aware of who became at the back of the “surprisingly state-of-the-art” assault, but said it had reinforced its defenses to reduce the probability of a destiny breach.
As of July 31, Verint had approximately 6,100 personnel, with about forty-one percent in the Americas, inclusive of a forty-nine,000-square-foot leased headquarters in Melville and a 133,000-rectangular-foot facility in Alpharetta, Georgia. The business enterprise also has a 176,000-square-foot facility in Herzliya, Israel.