conti attacks ITECOR International SA

Incident Date:

March 29, 2022

World map

Overview

Title

conti attacks ITECOR International SA

Victim

ITECOR International SA

Attacker

Conti

Location

Vevey, Switzerland

Vevey, Switzerland

First Reported

March 29, 2022

ITECOR International SA Suffers Ransomware Attack

Company Overview

ITECOR International SA is a trusted advisor for digital transformation, offering insights into corporate social responsibility in project management, governance & service management, and quality assurance & testing. The company's digital solutions include ITOM, which can now realize the promises of ITSM, and hyper-automation in the world of finance.

Company Size and Vulnerabilities

The size of ITECOR International SA is not explicitly mentioned in the search results. However, the company's website indicates that they offer a range of services, suggesting a moderate to large-sized organization.

The vulnerabilities that led to this attack are not specified in the search results. However, ransomware attacks often exploit weaknesses in outdated software, unpatched systems, or weak passwords. It is essential for companies to maintain up-to-date software, regularly patch systems, and implement strong password policies to reduce the risk of such attacks.

Industry Standout

ITECOR International SA stands out in their industry by focusing on digital transformation and offering a range of services that cater to various aspects of business operations. Their approach to corporate social responsibility in project management and governance & service management sets them apart from some competitors in the business services sector.

Mitigation Strategies

To mitigate the risk of ransomware attacks, companies should implement a multi-layered security strategy that includes regular software updates, strong password policies, and employee training on cybersecurity best practices. Additionally, companies should consider implementing a robust incident response plan and regularly test their systems to identify and address vulnerabilities.

The ransomware attack on ITECOR International SA serves as a reminder of the ever-evolving threat landscape in the cybersecurity world. Companies must remain vigilant and proactive in implementing security measures to protect against such attacks.

Sources

  • ITECOR International SA website: itecor.com
  • FBI press release on disrupting the LockBit ransomware variant: justice.gov
  • Spin.AI ransomware tracker: spin.ai
  • FBI ransomware information: fbi.gov
  • UNODC report on ransomware attacks: unodc.org
  • White House statement on the International Counter Ransomware Initiative: whitehouse.gov

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.