Berkeley Research Group Faces Cyberattack Amid Debt Sale for Towerbrook Capital Partners Acquisition

Berkeley Research Group Faces Cyberattack Amid Debt Sale for Towerbrook Capital Partners Acquisition

Date Reported: 2025-03-02
Country: USA | United States of America
Victim: Berkeley Research Group (BRG) | Berkeley Research Group
Website: thinkbrg.com
Information :

  • The consulting firm Berkeley Research Group (BRG) was the victim of a cyberattack last week.
  • The attack coincided with banks preparing a debt sale to finance BRG’s acquisition by Towerbrook Capital Partners.
  • BRG’s systems were compromised on March 2.
  • A ransom was demanded by a hacker claiming to have stolen data and encrypted files from the network.
  • The incident occurred just as the debt sale was nearing completion.
  • The attack raises concerns about the security of sensitive financial transactions.
  • BRG is currently working to assess the damage and secure its systems.
  • This incident highlights the increasing threat of cyberattacks on financial institutions and consulting firms.

Article: https://www.bloomberg.com/news/articles/2025-03-06/consulting-firm-brg-suffers-cyberattack-amid-debt-sale-for-lbo