conti attacks Primex Manufacturing Inc
Incident Date:
February 25, 2022
Overview
Title
conti attacks Primex Manufacturing Inc
Victim
Primex Manufacturing Inc
Attacker
Conti
Location
First Reported
February 25, 2022
Primex Manufacturing Inc. Suffers Ransomware Attack by Conti Group
Company Overview
Primex Manufacturing Inc. is a company that specializes in providing solutions for broadband communication service providers, installers, and builders in North America. They offer a range of products and services, including fiber network deployment and smart home connectivity components.
Industry and Market
The manufacturing sector, including plastics processors and other manufacturers, is a significant target for ransomware attacks, accounting for 23% of all such incidents worldwide. The sector is particularly vulnerable due to the reliance on just-in-time manufacturing strategies, which create urgency for manufacturers to pay ransoms to restore operations and fulfill customer orders.
Vulnerabilities and Mitigation
Ransomware attacks can target either IT or operational technology (OT) networks, and the Conti group is known for its ability to quickly encrypt data and spread to other systems. To mitigate the risk of such attacks, companies should ensure they have recent data backups, implement strong security measures, and be prepared to negotiate with attackers if necessary.
Impact and Response
The impact of a ransomware attack on a manufacturing company can be significant, with potential losses in the six figures or more. Companies should have a plan in place to respond to such attacks, including engaging with cybersecurity experts and law enforcement if necessary.
The Conti group's attack on Primex Manufacturing Inc. highlights the ongoing threat of ransomware to the manufacturing sector. Companies in this sector should be vigilant and proactive in implementing cybersecurity measures to protect against such attacks.
Sources
- Primex Manufacturing Inc. Website: https://primex.com
- Primex Manufacturing Inc. Data Security and the Smart Home: https://primex.com/data-security-smart-home/
- Manufacturers Often Hit with Ransomware Demands, and Many Pay the Price: https://www.plasticsmachinerymanufacturing.com/manufacturing/article/53070752/manufacturers-often-hit-with-ransomware-demands-and-many-pay-the-price
- Ransomware Cybercriminals Continue to Target Manufacturers: https://www.propertycasualty360.com/2024/03/13/manufacturing-sector-hardest-hit-by-ransomware-incidents-414-250466/
- Conti Details - RansomLook: https://www.ransomlook.io/group/conti
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.