conti attacks Zamil Industries Nalagarh
Incident Date:
February 7, 2022
Overview
Title
conti attacks Zamil Industries Nalagarh
Victim
Zamil Industries Nalagarh
Attacker
Conti
Location
First Reported
February 7, 2022
Zamil Industries Nalagarh Suffers Ransomware Attack
About Zamil Industries
Founded in 1998 and headquartered in Dammam, Saudi Arabia, Zamil Industrial Investment Company (Zamil Industrial) is a premier business group that specializes in the development of innovative design and engineering solutions for the construction industry.
Industry Vulnerabilities
The manufacturing industry, including the construction sector, has been a significant target for ransomware attacks. Between 2018 and 2023, 478 manufacturing companies suffered ransomware attacks, leading to a loss of approximately $46.2 billion in downtime alone. In 2022, at least 437 ransomware attacks were recorded in the manufacturing sector, representing over 70% of all such attacks against industrial companies.
Impact of Ransomware Attacks
Ransomware attacks can cause significant disruptions to production lines, leading to unfulfilled customer orders and operational standstills. In the case of Zamil Industries Nalagarh, the attack could potentially impact their operations and customer service, causing financial losses and reputational damage.
Mitigation Strategies
To mitigate the risks of ransomware attacks, organizations should invest in IoT security, adopt technology like generative AI in OT environments, and meet new regulatory standards. They should also prioritize risk assessment, vulnerability management, and network segmentation practices to be highly proactive in their defense of cyber-physical systems.
Sources
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.