Cochrane International Targeted by Underground Team Ransomware: A Cybersecurity Breach Report

Incident Date:

May 4, 2024

World map

Overview

Title

Cochrane International Targeted by Underground Team Ransomware: A Cybersecurity Breach Report

Victim

Cochrane Global

Attacker

Underground Team

Location

Dubai, United Arab Emirates

, United Arab Emirates

First Reported

May 4, 2024

Cybersecurity Breach Report: Cochrane International Targeted by Underground Team Ransomware

Company Profile

Cochrane International, operating under the brand name Cochrane Global, is a prominent player in the global security sector, specializing in high-security perimeter barrier systems. Headquartered in Fredericksburg, Virginia, the company boasts a diverse product range including razor wire mesh fences, water barriers, and military & defense systems. With operations spanning six continents and over 100 countries, Cochrane International has cemented its reputation by serving high-profile clients and sensitive facilities worldwide. The company reported a revenue of $36 million in 2024 and employs 340 individuals.

Details of the Ransomware Attack

The Underground Team, a notorious ransomware group, recently claimed responsibility for a significant cyberattack against Cochrane International. The attack resulted in the exfiltration of 417.2 GB of sensitive data, which includes financial records, personal employee information, shareholder documents, and details of classified projects. This breach not only threatens the operational security of Cochrane International but also compromises the privacy of numerous individuals associated with the company.

Vulnerabilities and Industry Impact

Cochrane International's extensive use of technology and APIs across its global operations may have exposed it to increased cybersecurity risks. The nature of its business, involving sensitive and high-security environments, makes it a high-value target for cybercriminals looking to exploit industrial and governmental infrastructures. The breach underscores the critical need for enhanced cybersecurity measures in the security and manufacturing sectors, particularly for companies involved in national and international security operations.

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.