LockBit Claims Ransomware Attack on Continental

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

The ransomware gang built the announcement on its leak web-site on Wednesday and is threatening to publish the company’s knowledge until the ransom is paid out more than the up coming few hours of these days (Friday).

On the dark web site write-up, the group has yet to make any information out there regarding what info it exfiltrated from Continental’s network or when the breach by itself happened.

“Over the past 12 months, we have viewed a dramatic increase in the number of assaults brought on by the LockBit ransomware team, with Continental the most current victim to have their facts threatened to be published,” reported Raj Samani, SVP main scientist at Immediate7.

“Our research exhibits that LockBit’s current market share in ransomware assaults for each group has enhanced from 1% in 2020 to 4% in 2021. This will only grow if they are allowed to go on thieving delicate details and promoting it for income,” Samani explained to Infosecurity.

According to the executive, companies want a number of levels of protection from ransomware attacks in purchase to safeguard themselves.

“This incorporates not just systems to detect a probable intrusion or lateral motion but also utilizing security controls ought to the menace keep on being undetected, these as the use of file encryption,” Samani additional.

Even though Continental did react to a remark request from Infosecurity, it did not give more facts over and above the August launch. Nonetheless, when the attack was in the beginning found in August, Continental claimed to have detected the attack and averted it.

“Continental’s small business routines have not been afflicted at any issue. The technology company maintains comprehensive command around its IT programs. In accordance to present information, the IT techniques of 3rd parties have not been impacted,” the organization wrote at the time.

Speedy ahead to the current day, the alleged deadline by LockBit is fast approaching, and the ransomware group’s claims will probable quickly be publicly established or dismissed.

The Continental row will come days after an advisory by Microsoft connected the threat actors at the rear of the Raspberry Robin worm with a complicated and interconnected malware ecosystem comprising the Clop and LockBit ransomware groups.

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