Search This Blog
Powered by Blogger.

Blog Archive

Labels

Load More
Trendy Right Now

Popular Posts

Showing posts with label Dish. Show all posts
Ransomware attack
Cyber Attacks Dish Dish Network IT Lawsuits MyDISH Ransomware attack

DISH Network: Multiple Lawsuits Filed Against Dish After a Ransomware Attack


A multiple class action class lawsuit has been filed against Dish Network, following a ransomware incident that caused the company’s multi-day “network outage.” 

The lawsuit, filed across several states, asserts that DISH “overstated” its operating efficiency while operating with inferior cybersecurity and IT infrastructure. The objective of the lawsuit is to recover losses suffered by DISH investors who suffered adversities as a result of what has been referred to as "securities fraud." 

Dish Sued After Ransomware Incident 

After the issue came to light, at least six law firms are now pursuing a class action lawsuit against Dish to recoup losses for Dish stockholders due to the alleged "securities fraud" between February 22, 2021, and February 27, 2023. 

The complaint alleges Dish Network of attempting to conceal its operational effectiveness while maintaining "deficient" cybersecurity and IT infrastructure. 

"...As a result of the foregoing, the Company was unable to properly secure customer data, leaving it vulnerable to access by malicious third parties," states a court complaint, filed in the U.S. District Court of Colorado. 

The law firms representing the plaintiffs include Rosen Law Firm, Levi & Korsinsky, the New York-based Law firm of Vincent Wong, San Diego- based Robins LLP, Bragar Eagle & Squire, P.C., and Bernstein Liebhard LLP. 

"The foregoing cybersecurity deficiencies also both rendered Dish's operations susceptible to widespread service outages and hindered the Company's ability to respond to such outages; and... as a result, the company's public statements were materially false and misleading at all relevant times," states the complaint. 

Dish Stock Crumbled After Cyberattack 

DISH, a major American TV provider and satellite broadcaster, inexplicably went offline around February 24. Both its websites and applications ceased to work for several days. The "network outage" that the company had previously described also affected Boost Mobile. 

On February 28, in an SEC filing, DISH eventually confirmed being hit by a ransomware attack. 

After the disclosure, DISH continued to struggle for days to restore its IT infrastructure and the website Dish.com. Following the news of the ransomware attacks, the company’s stocks faced repercussions, with stock prices falling $0.79 per share, "or 6.48%, to close at $11.41 per share on February 28, 2023."

Since then, the company has kept up the battle against the widespread disruption to its cyber systems, notably the client site MyDISH. The company is informing its clients that they will be receiving paper bills for the month of March as a result.  

Read more »
Ransomeware
cyber attack Cyber Attacks Data Theft Dish Ransomeware

Dish Network Blames Ransomware for Ongoing Outage

Dish, a satellite television provider in the United States, has confirmed that a ransomware attack is responsible for an ongoing service outage. The company also warned that the malicious actors have also exfiltrated data from its systems during the breach. 

The outage, which has persisted for several days and was initially attributed to "internal systems issues," affects Dish's primary website, mobile applications, customer support systems, as well as the firm's Sling TV streaming and wireless services. 

The threat actors behind the breach compromised the company’s internal systems. “It is possible the investigation will reveal that the extracted data includes personal information,” Dish says. 

In a public filing released on Tuesday, the company acknowledged that the cause of the outage was a cybersecurity incident. The company has informed law enforcement authorities about the situation. 

However, as of now, the company reported that the effects of the attack continue to disrupt its “internal communications, customer call centers, and internet sites.” 

Additionally, the company has provided some details on how they are managing the situation. They are working to manage and contain the effects of the attack, assess the extent of the damage, and address any issues caused by the attack.

The company is also worried about the attack's potential impact on its employees, customers, business, financials, and operations. Following the matter, the company further reported that the threat actors have stolen some data from their computer systems, which could include personal credentials. 

Presently, it remains uncertain whether this data belongs to Dish's customers, employees, or both, and the extent of the data theft is also unknown. Dish has a big network, it serves 10 million customers through its satellite TV, streaming, and other services. 

The company on its website reported that “as a result of this incident, many of our customers are having trouble reaching our service desks, accessing their accounts, and making payments we’re making progress on the customer service front every day, including ramping up our call capacity, but it will take a little time before things are fully restored." 

The company stated that they are still evaluating the damage caused by the cyber-attack. However, their services, including Dish, Sling, and wireless and data networks, are running without issues.
Read more »
Subscribe to: Posts (Atom)