BlackBasta attacks Tower Fasteners
Incident Date:
June 9, 2023
Overview
Title
BlackBasta attacks Tower Fasteners
Victim
Tower Fasteners
Attacker
Blackbasta
Location
First Reported
June 9, 2023
BlackBasta Ransomware Group Targets Tower Fasteners
The BlackBasta ransomware group has allegedly attacked Tower Fasteners. Tower Fasteners is a fastener distributor boasting nine locations worldwide and is headquartered in Holtsville, New York, USA. BlackBasta claims to have stolen confidential and personally identifiable information (PII) from Tower Fasteners. The organization has neither confirmed nor denied the attack.
Emergence of BlackBasta
BlackBasta is a more recent RaaS (Ransomware-as-a-Service) player that first emerged in early 2022 and is assessed by some researchers to be a revival of the Conti and REvil attack groups. Considering they had just emerged in the spring of 2022, BlackBasta quickly became one of the most prolific attack groups, with more than 100 known victims. Ransom demands vary depending on the targeted organization, with reports that they can be as high as $2 million dollars.
Evolution of BlackBasta's RaaS Platform
BlackBasta continues to evolve its RaaS platform, with ransomware payloads that can infect systems running both Windows and Linux systems by exploiting vulnerabilities in VMware ESXi running on enterprise servers and uses both ChaCha20 and RSA-4096 for rapid encryption of the targeted network. In some cases, it leverages malware strains like Qakbot and exploits like PrintNightmare during the infection process. Black Basta also employs a double extortion scheme and maintains an active leaks website where they post exfiltrated data if an organization declines to pay the ransom demand.
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.