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The week in ransomware: Foxconn and Randstad are high-profile victims
Friday, December 11, 2020
Foxconn and Randstad are laid low by cyber criminals, while Sophos spills on Egregor, and prognosticators turn to their crystal balls to divine how ransomware will develop in the next 12 months.
Immuniweb’s Ilia Kolochenko said that rumours the DoppelPaymer gang compromised more than 1,000 of Foxconn’s servers and deleted all backups were, if true, an “unambigious indicator of gross negligence” on the victim’s part.
“[It is] unlikely any cyber security insurance will ever pay a cent for the damages under the circumstances, while the victim will likely have a solid claim against IT and security vendors in charge of its network management,” said Kolochenko.
Like the hit on Foxconn, the attack on Randstad also followed the now familiar double extortion playbook. The Netherlands-based firm was compromised by the relatively new Egregor ransomware, but said only a limited number of its servers were affected and operations were not disrupted. Interestingly, it appears the firm did not receive a ransom note. Read Full Article
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