conti attacks IMT GROUP
Incident Date:
March 17, 2022
Overview
Title
conti attacks IMT GROUP
Victim
IMT GROUP
Attacker
Conti
Location
First Reported
March 17, 2022
IMT Group Suffers Ransomware Attack
IMT Group, a prominent manufacturing company established in 1924, recently fell victim to a ransomware attack by the Conti group. The incident was disclosed on the group's dark web leak site, directly impacting the company's operations. IMT Group, known for its precision-crafted parts essential for North America's infrastructure, comprises several divisions and partnerships, including Ingersoll Machining, H&S Heat Treating, PC Forge, and Clifford-Jacobs Forging. These collaborations enable IMT to deliver high-quality products, underlining the company's commitment to engineering excellence and operational reliability.
The exact size of IMT Group is not detailed, but its extensive history and service range indicate a substantial role in the manufacturing sector. The susceptibility of IMT Group to ransomware attacks could stem from various vulnerabilities, such as outdated software, inadequate cybersecurity protocols, or sophisticated phishing schemes.
Ransomware attacks pose a significant threat to organizations, leading to operational disruptions and substantial financial losses. To counteract these risks, it is crucial for companies to adopt a comprehensive defense strategy. This strategy should encompass user behavior analytics, continuous system monitoring, and stringent administrative controls to safeguard against potential threats.
Sources
- IMT Group: 99 Years & Counting of Manufacturing
- NetApp: TR-4572: The NetApp solution for ransomware https://www.netapp.com/pdf.html?item=/media/10754-tr-4572.pdf
- Ransomfeed: Monitoring ransomware groups and their victims
- Ransomware Posts: A GitHub project tracking ransomware attacks https://github.com/ransomwaretracker/ransomwaretracker.github.io
- HSBC BusinessGo: Ransomware protection https://www.business.hsbc.com/cybersecurity/ransomware-protection
- arXiv: Railway cyber-security in the era of interconnected systems: a survey https://arxiv.org/abs/2002.09344
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.