Analysis of LockBit 3.0 Ransomware Attack on HB Molding, Inc.: Vulnerabilities and Industry Impact

Incident Date:

April 16, 2024

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Analysis of LockBit 3.0 Ransomware Attack on HB Molding, Inc.: Vulnerabilities and Industry Impact


HB Molding, Inc,.




Louisville, USA

Kentucky, USA

First Reported

April 16, 2024

Analysis of the LockBit 3.0 Ransomware Attack on HB Molding, Inc.

Company Profile

HB Molding, Inc., based in Louisville, Kentucky, is a prominent player in the plastics manufacturing industry, specializing in polymer products. Founded in 1998, the company offers services such as injection molding, assembly, tool building, product design, and plastic parts. With a workforce of 100-200 employees and an annual revenue between $5.0 million and $25 million, the company stands out due to its comprehensive range of in-house capabilities and significant market presence.

Attack Overview

The LockBit 3.0 ransomware group, also known as LockBit Black, has claimed responsibility for the attack on HB Molding, Inc. This group is known for its disruptive ransomware activities, targeting a wide array of organizations globally.

Vulnerabilities and Industry Impact

Manufacturing companies like HB Molding, Inc. are increasingly targeted by cybercriminals due to their reliance on digital technologies and the potentially crippling impact of operational disruptions. The company's use of technologies such as JavaScript and HTML could have exposed vulnerabilities, making them an attractive target for the sophisticated encryption methods and lateral movement tactics employed by LockBit 3.0.


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.

The site’s data is generated based on hosting choices of real-world threat actors, and a handful of other trackers. While sanitization efforts have been taken, we cannot guarantee 100% accuracy of the data. Attack updates will be made as source data is reported by reputable sources. By viewing, accessing, or using RRA you acknowledge you are doing so at your own risk.