Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home Incidents

MeridianLink Confirms Cyberattack

November 17, 2023
Reading Time: 6 mins read
in Incidents
MeridianLink Confirms Cyberattack

MeridianLink, a financial software company with over $76 million in last quarter revenue, has confirmed a cyberattack following claims by the AlphV/Black Cat ransomware gang. The gang, known for previous attacks like the MGM Resorts takedown, added MeridianLink to its leak site and asserted reporting the incident to the Securities and Exchange Commission (SEC).

MeridianLink responded promptly, engaging third-party experts to investigate the cyber incident, reassuring minimal business interruption and no unauthorized access to production platforms. The company vows to notify affected parties if any consumer personal information is found to be compromised during the ongoing investigation.

The cyber extortion tactic employed by AlphV takes a unique twist as the gang claims to have reported MeridianLink to the SEC for not disclosing the incident. Despite the erroneous assertion that the company violated the SEC’s new reporting rules, set to take effect next month, the incident sheds light on the increasingly brazen methods ransomware gangs employ to pressure victims into paying ransoms.

The attack draws attention to the evolving landscape of cyber threats, with attackers resorting to tactics such as regulatory threats to coerce victims. MeridianLink’s proactive response, including third-party engagement and ongoing investigations, reflects the broader challenges companies face in navigating and mitigating the impact of sophisticated cyberattacks.

The incident also highlights the broader trend of ransomware gangs resorting to public pressure tactics, threatening regulatory reports to extract ransoms from victims. In this case, the gang’s move to publicly assert SEC reporting and share a photo of the form sent to the SEC showcases the audacity of modern ransomware operations.

As companies grapple with evolving cybersecurity threats, the incident underscores the need for robust security measures, prompt responses to cyber incidents, and the importance of preparing for novel tactics employed by cybercriminals. The ransomware gang’s misuse of regulatory reporting rules serves as a reminder of the multifaceted challenges organizations face in defending against cyber threats in an increasingly complex digital landscape.

References:

  • MeridianLink confirms cyberattack after ransomware gang claims to report company to SEC
Tags: ALPHVBlack CatCyber AttacksCyber incidentCyber Incidents 2023CybersecurityMeridianLinkNovember 2023Ransomware
ADVERTISEMENT

Related Posts

German Dealer Leymann Hacked Closes Stores

Massive Leak Exposes 16 Billion Credentials

June 20, 2025
German Dealer Leymann Hacked Closes Stores

Chinese Spies Target Satellite Giant Viasat

June 20, 2025
German Dealer Leymann Hacked Closes Stores

Tonga Health System Down After Ransomware

June 20, 2025
German Dealer Leymann Hacked Closes Stores

German Dealer Leymann Hacked Closes Stores

June 20, 2025
UBS and Pictet Hit By Vendor Data Breach

Hacker Mints $27M From Meta Pool Gets 132K

June 19, 2025
UBS and Pictet Hit By Vendor Data Breach

UBS and Pictet Hit By Vendor Data Breach

June 19, 2025

Latest Alerts

Winos 4.0 Malware Hits Taiwan Via Tax Phish

New Amatera Stealer Delivered By ClearFake

New Godfather Trojan Hijacks Banking Apps

Fake Minecraft Mods On GitHub Spread Malware

Fake Invoices Deliver Sorillus RAT In Europe

Russian Phishing Scam Bypasses Google 2FA

Subscribe to our newsletter

    Latest Incidents

    Massive Leak Exposes 16 Billion Credentials

    Tonga Health System Down After Ransomware

    Chinese Spies Target Satellite Giant Viasat

    German Dealer Leymann Hacked Closes Stores

    Hacker Mints $27M From Meta Pool Gets 132K

    UBS and Pictet Hit By Vendor Data Breach

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial