Verint Provides Details on Successful Mitigation of Last Week’s Ransomware Attack
April 24 2019 - 9:00AM
Business Wire
Attack Was Quickly Mitigated and Fully Resolved within 24
Hours
No Loss of Customer Data and No Impact to Customer
Operations
Verint® Systems Inc. (Nasdaq: VRNT) a global provider
of Actionable Intelligence® solutions, announced today that on
April 16th the company experienced a ransomware attack. Verint
quickly identified and remediated the attack, and fully restored
Verint’s IT services in less than 24 hours without any impact to
customers or partners.
These kinds of attacks have been common by groups attacking
organizations to benefit financially from ransom. Verint was able
to quickly and successfully mitigate the attack without paying any
ransom.
Verint’s success in mitigating the attack quickly is partly
attributed to leveraging its own data mining software designed to
accelerate malware investigation. Verint’s Threat Protection System
(TPS) pointed to lateral movement trails and attempts to connect to
command and control servers. Using the deep forensic data
automatically generated by Verint TPS from both network and
endpoints, the SOC (Security Operations Center) analysts uncovered
the attack storyline and leveraged real-time information to quickly
contain the attack.
“Consistent with best practices and as a cautionary matter,
Verint continues to proactively monitor its operations, as well as
all customer facing software and infrastructure, and no new
occurrences of the ransomware have been detected since April 16th,”
said Peter Fante, Verint CAO.
About Verint Systems Inc.
Verint® (Nasdaq: VRNT) is a global leader in Actionable
Intelligence® solutions with a focus on customer engagement
optimization, security intelligence, and fraud, risk and
compliance. Today, over 10,000 organizations in more than 180
countries—including over 85 percent of the Fortune 100—count on
intelligence from Verint solutions to make more informed, effective
and timely decisions. Learn more about how we’re creating A Smarter
World with Actionable Intelligence® at www.verint.com.
This press release contains “forward-looking statements,”
including statements regarding expectations, predictions, views,
opportunities, plans, strategies, beliefs, and statements of
similar effect relating to Verint Systems Inc. These
forward-looking statements are not guarantees of future performance
and they are based on management's expectations that involve a
number of risks, uncertainties and assumptions, any of which could
cause actual results to differ materially from those expressed in
or implied by the forward-looking statements. For a detailed
discussion of these risk factors, see our Annual Report on Form
10-K for the fiscal year ended January 31, 2019, and other filings
we make with the SEC. The forward-looking statements contained in
this press release are made as of the date of this press release
and, except as required by law, Verint assumes no obligation to
update or revise them or to provide reasons why actual results may
differ.
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version on businesswire.com: https://www.businesswire.com/news/home/20190424005560/en/
Investor RelationsAlan RodenVerint Systems
Inc.alan.roden@verint.com
Verint Systems (NASDAQ:VRNT)
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