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LogicMonitor Customers at Risk: Hackers Exploit Default Passwords

Defenseless “by default”: LogicMonitor clients in the line of fire of hackers

Simple passwords can be expensive.

Network security company LogicMonitor faced with the problem of hacking some of their customers due to the use of standard passwords, according to TechCrunch.

A representative of LogicMonitor confirmed the existence of a “security incident” affecting some of the company’s customers. “We are currently addressing a security incident that affected a small portion of our customers. We are in direct contact with these customers and are working closely to take appropriate action and mitigate the impact,” said LogicMonitor spokeswoman Jessica Church.

According to a source affected by this incident, until recently, LogicMonitor provided its customers with simple, standard passwords such as “Welcome@” plus a short number. “When you create an account with [LogicMonitor]all accounts in your organization used this standard password,” the source said. Just this week, a requirement was introduced to change the standard password within 30 days of the first login.

One LogicMonitor customer reported that the company actively alerted him to a potential security breach that could compromise systems monitored by LogicMonitor and lead to a ransomware attack.

A spokesman for LogicMonitor said the company was unable to provide more information about the incident at this time.

It also became known about a company that lost more than 400 systems due to a ransomware attack, exploiting a weak standard password.

LogicMonitor provides a platform as a service that gives customers the ability to monitor their network infrastructure, including cloud solutions. The company claims on its website that it “tracks 800 billion metrics per day on three million active devices” and has over 100,000 software users in 30 different countries.

2023-09-02 07:20:59
#Defenseless #default #LogicMonitor #clients #line #fire #hackers

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