Beverage giant Molson Coors has unveiled specifics of what appears to be a ransomware incident.
The company, identified for massive-title brand names these as Coors, Miller Lite and Foster’s, unveiled the attack in a filing with the Securities and Trade Fee (SEC) yesterday.
It claimed the company experienced professional a “systems outage triggered by a cybersecurity incident” which it was in the approach of managing.
“The enterprise has engaged leading forensic information technology firms and legal counsel to guide the company’s investigation into the incident and the firm is operating all over the clock to get its systems again up as speedily as achievable,” it stated.
“Although the company is actively handling this cybersecurity incident, it has brought about and may well carry on to cause a delay or disruption to parts of the company’s organization, together with its brewery functions, production and shipments.”
Even though the filing is light-weight on depth, a units outage, delays and disruption would appear to be to show the existence of ransomware.
With revenue of about $10bn in 2019, the business would absolutely look to stand for a lucrative target for these kinds of attacks.
Edgard Capdevielle, CEO at Nozomi Networks, mentioned that these kinds of “big activity hunting” attacks are increasingly well known.
“Ransomware threat actors usually depend on spear-phishing one-way links or susceptible community expert services to gain preliminary entry into a network. Afterward, they go laterally to achieve obtain to as many nodes of the network as feasible, permitting them to boost the magnitude of the disruption,” he continued.
“Cybersecurity finest techniques this sort of as robust segmentation, person instruction, proactive cyber-cleanliness systems, multi-factor authentication and the use of repeatedly current threat intelligence, should really be made use of to secure IT and operational environments from ransomware and other cyber-attacks.”
Some areas of this report are sourced from: