clop attacks BOLTONUSA

Incident Date:

April 3, 2022

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Overview

Title

clop attacks BOLTONUSA

Victim

BOLTONUSA

Attacker

Clop

Location

Baltimore, USA

Maryland, USA

First Reported

April 3, 2022

BoltonUSA Suffers Ransomware Attack

BoltonUSA, a comprehensive service provider specializing in employee benefits, actuarial, investment, compensation, and HR consulting, recently fell victim to a ransomware attack orchestrated by the Clop group. With a 40-year history of serving a diverse clientele that includes the public and corporate sectors, multiemployer groups, nonprofit organizations, and the federal government, the incident underscores the persistent ransomware menace facing entities across various industries.

Company Size and Industry

As a mid-sized consulting firm, BoltonUSA boasts a national client base, upheld by its commitment to integrity and the delivery of superior services. The firm's proficiency is distributed across five key consulting divisions: Pension & Retirement, Health & Benefits, Investment, Rewards & Compensation, and HR Consulting.

Vulnerabilities and Mitigation

Ransomware perpetrators often target vulnerabilities stemming from outdated software, unpatched systems, or subpar password practices. To counteract these threats, it is imperative for organizations to engage in regular software updates, timely security patching, and the enforcement of robust password protocols. The adoption of multi-factor authentication, encryption techniques, and comprehensive data backup strategies further fortifies defenses against ransomware incursions.

The breach of BoltonUSA's security serves as a stark reminder of the omnipresent risk of ransomware. It is crucial for organizations to maintain a high level of vigilance and to deploy advanced cybersecurity measures to safeguard against such adversities.

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.