Home Resources Blog Cloud Provider PCM Suffers Data Breach

Cloud Provider PCM Suffers Data Breach

Admin Globaldots
01.07.2019
image 1 Min read

Cloud solution provider PCM has been hit with a data breach in which attackers reportedly accessed the email and file-sharing systems for some of its clients, KrebsOnSecurity reports.

PCM, which has 2,000-plus customers and generated about $2.2 billion in 2018, detected the breach in mid-May, sources report. Those same sources say intruders were able to steal admin credentials the company uses to handle client accounts in Office 365. It seems the attackers want to use the stolen data in gift card fraud schemes at financial organizations and retailers, according to a security expert at a PCM client who was informed of the intrusion.

In this, security experts noticed a similarity between the attack against PCM and the data breach at Wipro, which was targeted in April. Attackers behind the Wipro breach reportedly collected gift card data from customers. It has not been determined whether the Wipro and PCM incidents are related or whether PCM is the victim of a separate attack.

Read more: Dark Reading 

Learn More

Cloud Cost Optimization: A Strategic Approach to Business Expansion
Cloud Cost Optimization
Admin Globaldots 18.05.23

FinOps is a strategic framework designed to manage and optimize cloud costs effectively. It’s a transformative approach that brings financial accountability to the forefront of the variable spend model of cloud computing. This model allows businesses to gain a firm grip on their cloud expenses, ensuring that every dollar spent is accounted for and utilized […]

Read more
AWS Data Transfer Cost Optimization: Everything You Need to Know
Cloud Cost Optimization
Admin Globaldots 17.05.23

While AWS services provide a wealth of mission-critical services – storing over 2.2 trillion objects in S3 – many organizations are left floundering in the solution’s complex pricing structures. Spanning transfer types and geographies, data transfer costs can be hugely unpredictable and rapidly get out of hand.  Below, we leverage decades of industry experience to […]

Read more
Real-Life Use Case: Automated K8s Optimization Cuts 91% of FinTech Firm’s Cloud Costs
Cloud Cost Optimization
Admin Globaldots 10.04.23

Containers are the foundation of today’s hyper-agile DevOps landscape. Developers can enjoy the reliability of a single environment to run code, with no unexpected hiccups or changes between testing and production. Segmented applications benefit from faster and more efficient delivery, as each functionality evolves via its own isolated lifecycle. As powerful as the foundation that […]

Read more
Unlock Your Cloud Potential
Schedule a call with our experts. Discover new technology and get recommendations to improve your performance.
Book a Demo