PwC Details

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    PwC

    London, United Kingdom employees • Legal & Professional Services

    Industry

    Legal & Professional Services

    Security Incidents

    1

    PricewaterhouseCoopers International Limited is a multinational professional services brand of firms, operating as partnerships under the PwC brand.

    Security Incidents

    PwC Breach of Jun 2023
    Severity Score
    Low to Moderate

    Type

    Unknown

    Summary

    In June 2023, PwC was embroiled in a security incident involving a Russian cyberattack that targeted several state and federal government departments. The attack was confirmed by the US Cybersecurity and Infrastructure Security Agency (CISA). A group known as Clop threatened to release internal data from PwC and other professional services firms unless a ransom fee was paid. The scope of the incident was not immediately clear, but the Russian-speaking gang had been launching multiple attacks after discovering a vulnerability in MOVEit. PwC initiated an investigation into the security incident ...
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    Severity

    The severity of the PwC cyber security incident in June 2023 was significant, as it involved a global cybersecurity breach by Russian-linked cybercriminals that impacted multiple companies and organizations, including PwC itself. The incident raised concerns about the vulnerability of widely used file systems and the potential for further cyber threats.

    Impact

    The breach had a notable impact on various entities, with victims such as accounting firm PwC, British watchdog Ofcom, and other companies affected by the cyber security incident. The breach led to discussions with impacted clients and highlighted the need for enhanced cybersecurity measures to prevent future breaches.