Continental ‘held to ransom’, refuses to confirm if LockBit has stolen data

Continental

The LockBit ransomware team has claimed an attack on German manufacturer Continental, which is refusing to confirm no matter whether its facts has been stolen.

LockBit claimed the attack on its leak website and is threatening to publish the company’s data by 15:45:36 UTC, in accordance to its deep web site. At this time, the group hasn’t specified what the details includes or how much it allegedly has, just that it will publish “all accessible data”.

When asked for remark, Continental referred IT Pro to a assertion it had revealed on 24 August 2022 with regards to a cyber attack. It declared it had been the sufferer of an attack which infiltrated elements of its IT devices. 

The business claimed to have detected the attack, but then managed to avert it and that its business enterprise things to do hadn’t been impacted. It included that it had total command in excess of its IT systems and that the systems of third-party providers hadn’t been affected both.

The company’s August assertion made no reference to information, stolen or normally. When pressed on whether or not the enterprise was mindful if LockBit was in possession of any of its info, a Continental spokesperson told IT Pro that it is “not commenting on this past the statement that has by now been revealed on our web site in August”.

LockBit is a single of the major ransomware organisations currently in operation and operates on a double extortion product which requires thieving information from a victim – which is typically a business enterprise or other kind of organisation – and threatening to leak it if a ransom isn’t paid.

Victims are ordinarily inspired to spend the ransom desire up entrance, or in some situations, they are afforded a window in which time they can negotiate the ransom need down to a reduce charge.

LockBit has a history of saying attacks on large organizations and all those claims were being finally disclosed to be untrue. This week, French multinational Thales confirmed to IT Pro that the statements produced by LockBit about an attack on its systems were being unfounded next an inside investigation.

LockBit posts Continental./continental.com @Conti_Push #continental #cybersecurity #infosec #lockbit pic.twitter.com/q2DCDWooBd

— Dominic Alvieri (@AlvieriD) November 3, 2022

Similarly, it repeated this conduct with cyber security firm Mandiant earlier this yr, boasting to have taken more than 350,000 data files from the corporation and meant to publish them.

Nevertheless, the corporation uncovered no evidence that the attack had been carried out, and the countdown achieved zero without the need of info staying published. LockBit later admitted the incident was a ‘PR stunt’.

Some elements of this posting are sourced from:
www.itpro.co.uk