conti attacks Vrancor Group

Incident Date:

February 11, 2022

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Overview

Title

conti attacks Vrancor Group

Victim

Vrancor Group

Attacker

Conti

Location

Hamilton, Canada

Hamilton, Canada

First Reported

February 11, 2022

Vrancor Group Suffers Ransomware Attack

Company Overview

Vrancor Group is a hospitality sector company, but there is limited information available about the size of the company or its specific operations. The hospitality sector has seen a surge in ransomware attacks due to the increased use of technology for reservations, amenities, and operations.

Vulnerabilities

The hospitality sector is particularly vulnerable to ransomware attacks because of the sensitive data it handles, including personal information and payment details. The sector's reliance on technology for operations and services makes it a prime target for hackers seeking to demand high ransoms.

Attack Details

The Conti ransomware group, known for its disruptive attacks, has claimed responsibility for the attack on Vrancor Group. The group typically gains access to systems using social engineering techniques, such as phishing emails or phone calls to employees. Once inside, they deploy ransomware to encrypt files and demand a ransom for the decryption key.

Impact

Ransomware attacks can cause significant disruption to hospitality services, leading to delays in reservations, facilities, and guest satisfaction. A dissatisfied customer and damage to the company's reputation can result from a breach in these systems.

Mitigation and Restoration

Cybersecurity experts recommend that victims of ransomware attacks refrain from paying the ransom and instead seek assistance from cybersecurity specialists to recover from the attack.

Sources

  • SecurityWeek: Ransomware Gang Takes Credit for Highly Disruptive MGM Resorts Attack
  • The Wall Street Journal: Caesars Paid Ransom After Suffering Cyberattack
  • The Record: 'Scattered Spider' group launches ransomware attacks while expanding targets in hospitality, retail
  • EvonSys: Guide On Ransomware Attacks Faced By Hospitality Service Businesses
  • CyberNews: MGM ransom gang hits Marriott, Hilton hotel management group LBA

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.