{"id":1703,"date":"2022-07-12T21:54:00","date_gmt":"2022-07-13T04:54:00","guid":{"rendered":"https:\/\/alvaka.net\/beta\/?p=1703"},"modified":"2026-08-05T17:25:26","modified_gmt":"2026-08-06T00:25:26","slug":"shi-international-cyberattack","status":"publish","type":"post","link":"https:\/\/www.alvaka.net\/beta\/shi-international-cyberattack\/","title":{"rendered":"SHI International Cyberattack"},"content":{"rendered":"

Over the Fourth of July weekend, prominent IT services provider SHI International, was a victim of a major malware attack. Based in Somerset, New Jersey, SHI is a private provider of tech services and a supplier of tech products to over 15,000 organizations and customers around the world. Their \u201crecent security incident\u201d and the integrity of their systems are still amid a thorough investigation with the help of law enforcement, federal agencies, and forensic experts.<\/p>\n

Kevin McDonald (COO\/CISO of Alvaka Networks) reassures that it\u2019s a good sign that SHI systems are still down because it indicates that the company is taking their time to assiduously review the faults in their software and bring back their networks \u201cin a secure and reliable manner.\u201d In the interim, it is suspected that this attack was organized by sophisticated bad threat attackers for an \u201call-out ransomware attack\u201d specifically targeting MSPs or Managed Service Providers such as SHI.<\/p>\n

These cyber and ransomware attacks are becoming increasingly more common among MSP security vendors due to the fact that these Managed Service Providers \u201chold and manage vast amounts of customer data and critical information.\u201d They are also much easier to infiltrate than government institutions since they lack tight security. SHI assures their clients that their internal systems and customer data is safe since there is \u201cno evidence to suggest that customer data was exfiltrated during the attack. No third-party systems in the SHI supply chain were affected.\u201d<\/p>\n

Alvaka Networks\u2019 Kevin McDonald says that though it\u2019s premature to say what the overarching impact on the customers may be, there\u2019s a high chance that the firm was fortunate enough in its network segregation. It seems as though the attack was contained and SHI\u2019s IT teams and security foiled the hackers\u2019 plans for extortion. The FBI and National Security Agency warn MSPs around the world to be alert for \u201cmalicious cyber actors-including state-sponsored advanced persistent threat groups.\u201d<\/p>\n

Read more about this incident at the below links:<\/strong><\/p>\n