Cyber threat startup Cygilant hit by ransomware

Cygilant is committed to the ongoing security of our network and to continuously strengthening all aspects of our security program, the statement said.

Cygilant is believed to be the latest victim of NetWalker, a ransomware-as-a-service group, which lets threat groups rent access to its infrastructure to launch their own attacks,according to Brett Callow, a ransomware expert and threat analyst at security firm Emsisoft .

A site on the dark web associated with the NetWalker ransomware group posted screenshots of internal network files and directories believed to be associated with Cygilant.

Groups permanently delist companies when theyve paid or, in some cases, temporarily delist them once theyve agreed to come to the negotiating table, said Callow.