New Kind Of Style Hackers

๐Ÿ”’ SEC Complaint by Ransomware Group
A ransomware gang has complained to the SEC, claiming a victim didn't report a data breach they caused.

๐Ÿ’ป MeridianLink's Alleged Breach
MeridianLink, a digital lending solutions provider, is said to be compromised by Alphv and BlackCat ransomware groups.

๐Ÿ–ฅ๏ธ Threat of Data Release
The cybercriminals claim to have stolen substantial data and are threatening its release unless a ransom is paid.

โฑ๏ธ Reporting Delay Accusations
MeridianLink is accused of not reporting the breach within the required four-day period, leading to a complaint by the hackers to the SEC.

๐Ÿ“ธ SEC Receives Complaint Evidence
BlackCat has shown proof that the SEC received their complaint about MeridianLink.

๐Ÿšจ First SEC Complaint by Ransomware Group
This incident marks the first time a ransomware group has filed an SEC complaint against a victim.

๐Ÿ“… Discrepancies in Attack Dates
There's a conflict in reported dates of the hack, with the hackers and MeridianLink providing different timelines.

๐Ÿ” MeridianLinkโ€™s Investigation and Response
MeridianLink claims rapid action was taken, with minimal business disruption and no evidence of unauthorized access to production platforms.

๐Ÿ“œ New SEC Regulations
New SEC data breach disclosure rules will be effective from mid-December 2023, with companies required to report relevant cybersecurity events within four days.

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