NanoLumens: A Target of Ransomware Attack

Incident Date:

April 13, 2024

World map

Overview

Title

NanoLumens: A Target of Ransomware Attack

Victim

NanoLumens

Attacker

Hunters International

Location

Norcross, USA

Georgia, USA

First Reported

April 13, 2024

Ransomware Attack on NanoLumens

Company Profile Profile

NanoLumens is a private company founded in 2006 that specializes in LED visualization solutions. The company is based in Peachtree Corners, Georgia, has a workforce ranging from 51 to 200 employees, and a company's revenue estimated to be between $5 and $25 million. The company has experienced rapid growth since its funding of $57.3 million, with its workforce doubling in size over the last two years and plans to move to a larger headquarters in Norcross, Georgia.

Industry Standing

The company stands out in the Media & Internet sector for its LED visualization solutions. The company's innovative technology and rapid growth have garnered recognition in the industry, with awards highlighting its breakthrough solutions. NanoLumens' plans for expansion and strategic executive appointments demonstrate its commitment to staying at the forefront of LED visualization technology. It has been recognized for its innovation,receiving the 2011 Breakthrough Technology of the Year Award at the American Technology Awards.

Vulnerabilities

In April 2024 they became a victim of Hunters, a ransomware group claiming to have 30,000 files of stolen data. The company's innovative technology and growth trajectory could have made them a lucrative target for ransomware groups seeking sensitive data to steal like valuable intellectual property or customer profiles. Additionally, plans to move to a larger headquarters and expansion plans may introduce new vulnerabilities as the company scales its operations.

Sources:

NanoLumens LinkedIn

NanoLumens Website

Zippia - NanoLumens Revenue

PitchBook - NanoLumens Profile

Atlanta Business Chronicle - NanoLumens CEO Interview

Recent Ransomware Attacks

The Recent Ransomware Attacks (RRA) site acts as a watchtower, providing you with near real-time ransomware tracking of attacks, groups and their victims. Given threat actors’ overarching, lucrative success so far, ransomware attacks have become the most ubiquitous, and financially and informationally impactful cyber threat to businesses and organizations today.

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