LockBit Claims Ransomware Attack on Continental

The LockBit hacking group has claimed responsibility for the August cyber-attack from the multinational automotive team Continental.

The ransomware gang built the announcement on its leak site on Wednesday and is threatening to publish the firm’s facts until the ransom is paid out about the up coming handful of hrs of currently (Friday).

On the dark web blog write-up, the group has nonetheless to make any particulars offered relating to what details it exfiltrated from Continental’s network or when the breach alone occurred.

“Above the final calendar year, we have found a extraordinary increase in the range of attacks brought about by the LockBit ransomware team, with Continental the hottest sufferer to have their data threatened to be revealed,” stated Raj Samani, SVP chief scientist at Fast7.

“Our exploration shows that LockBit’s current market share in ransomware attacks per group has elevated from 1% in 2020 to 4% in 2021. This will only improve if they are authorized to carry on stealing delicate data and advertising it for financial gain,” Samani explained to Infosecurity.

In accordance to the executive, organizations have to have many levels of defense against ransomware attacks in purchase to guard themselves.

“This contains not just systems to detect a prospective intrusion or lateral motion but also utilizing security controls must the danger remain undetected, such as the use of file encryption,” Samani added.

Whilst Continental did react to a comment request from Infosecurity, it did not provide supplemental details beyond the August launch. On the other hand, when the attack was originally identified in August, Continental claimed to have detected the attack and averted it.

“Continental’s enterprise activities have not been influenced at any place. The technology firm maintains entire control more than its IT methods. In accordance to existing information, the IT units of third events have not been impacted,” the business wrote at the time.

Rapid ahead to the current working day, the alleged deadline by LockBit is quick approaching, and the ransomware group’s promises will probable soon be publicly confirmed or dismissed.

The Continental row comes times just after an advisory by Microsoft joined the menace actors driving the Raspberry Robin worm with a sophisticated and interconnected malware ecosystem comprising the Clop and LockBit ransomware teams.

Some areas of this short article are sourced from:
www.infosecurity-journal.com