blackbasta attacks Lacks Enterprises Inc

Incident Date:

April 26, 2022

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Overview

Title

blackbasta attacks Lacks Enterprises Inc

Victim

Lacks Enterprises Inc

Attacker

Blackbasta

Location

Grand Rapids, USA

michigan, USA

First Reported

April 26, 2022

Lacks Enterprises Inc. Suffers Ransomware Attack

Company Overview

Lacks Enterprises has been a prominent figure in the finish décor industry for over six decades, setting industry benchmarks with its innovative products. The company's dedication to excellence is evident in its product lines, such as Tessera® and Spinelle™ metal finishes, which offer unprecedented design freedom in textures and colors. Furthermore, Lacks is renowned for its advancements in lightweight wheel assembly and component technology, pushing the boundaries of design and performance.

Industry Leadership

Through strategic partnerships with leading automakers globally, Lacks Enterprises has been instrumental in pioneering designs that redefine industry norms. Notable collaborations include projects with the RAM PROGRAM, F-150 Interior, BMW X5 Lighting, and Toyota Wheels. The company's commitment to innovation is further underscored by its Research and Development team's relentless pursuit of groundbreaking solutions that cater to the evolving needs of their clientele.

Vulnerabilities

While the specific vulnerabilities exploited in the ransomware attack on Lacks Enterprises remain undisclosed, the incident underscores the importance of robust cybersecurity measures. The company's recognition for sustainability, notably the 2022 Altair Enlighten Award in the Sustainability Category for Product, reflects its commitment to innovation and adaptability. However, this incident serves as a stark reminder of the critical need for continuous improvement in cybersecurity defenses.

Impact of the Attack

The ransomware attack on Lacks Enterprises Inc. marks a significant disruption within the manufacturing sector, emphasizing the persistent cyber threats facing businesses today. This event highlights the imperative for organizations to maintain stringent cybersecurity protocols and adopt a proactive stance in safeguarding their digital and operational infrastructures against such attacks.

Sources

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.