Tag: meridianlink
Ransomware gang turns SEC informant
When a top mob boss turns his co-criminals over to the authorities, the US Federal Bureau of Information labels him a ‘stool pigeon.’ Similarly, the AlphaV ransomware gang is turning informer, not on its rivals but on its victims. In what is a likely portent of things to come, the gang has had the nerve to inform on MeridianLink (MLNK) to the United States Securities and Exchange Commission (SEC) for being slow to report a ransomware attack that they themselves had initiated earlier in the month.
ALPHV/BlackCat Reports MeridianLink for Undisclosed Cyber Attack – November 16th
Ransomware gang, ALPHV/BlackCat has reported MeridianLink to the SEC, for not disclosing cyber attack. ALPHV/BlackCat informed the SEC that MeridianLink did not disclose details of the attack, which could potentially affect the data of the publicly traded company's thousands of financial organizations, banks, credit unions, and mortgage lenders. The lack of cyber compliance from MeridianLink breaks the SEC’s rule of disclosing cyber attacks within 4 days of the attack occurring to the agency.