conti attacks ALLIANCE STEEL

Incident Date:

June 7, 2022

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conti attacks ALLIANCE STEEL






Tacoma, USA

Washington, USA

First Reported

June 7, 2022

Alliance Steel: A Target for Ransomware Attacks

Alliance Steel Fabrication, a company specializing in structural steel fabrication and miscellaneous metal fabrication, has been targeted by the ransomware group Conti. The company operates in the construction sector and is known for its commitment to quality, on-time delivery, and ethical business practices.

Alliance Steel's website provides information about their services, which include structural steel fabrication, miscellaneous metal fabrication, CNC plasma shape cutting, UL listed wall panel systems, in-house steel detailing, and structural steel erection. The company also offers miscellaneous metal installation and is committed to providing a safe work environment, competitive wages, and opportunities for personal development.

The company's website does not provide information about the size of the company or its specific vulnerabilities that may have made it a target for ransomware attacks. However, the construction sector has been a frequent target for ransomware attacks, with 62% of successful infiltrations in ransomware attacks occurring via phishing.

In recent years, ransomware attacks have become increasingly prevalent among state, local, tribal, and territorial (SLTT) government entities and critical infrastructure organizations. The average total cost of a ransomware attack hit an astounding $4.3 million in 2022.

To mitigate the risks of ransomware attacks, organizations should implement measures such as real-time anti-malware protection, real-time network scanning, secure login credentials, two-factor authentication, and network segmentation. It is also crucial to develop a threat modeling system to understand who is attacking and why.

The ransomware attack on Alliance Steel highlights the need for increased cybersecurity measures in the construction sector. Companies should be vigilant about potential threats and implement robust security protocols to protect against ransomware attacks.


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.