Daesang America Hit by RansomHub in Major Data Breach
Incident Date:
July 2, 2024
Overview
Title
Daesang America Hit by RansomHub in Major Data Breach
Victim
Daesang America
Attacker
Ransomhub
Location
First Reported
July 2, 2024
Ransomware Attack on Daesang America by RansomHub: An In-Depth Analysis
Company Profile: Daesang America Inc.
Daesang America Inc., a subsidiary of the South Korean food conglomerate Daesang Corporation, is a prominent player in the U.S. food industry, specializing in the distribution of traditional Korean food products. Based in City of Industry, California, the company reported an annual revenue of $8.6 million in 2024 and employs 29 people. Daesang America's product line includes popular items such as gochujang, kimchi, and gochugaru, which are integral to Korean cuisine. The company's mission is to deliver "Exciting and Authentic Flavors from Korea" and to share Korean culinary traditions and culture with American consumers. This mission is supported by their active engagement in cultural exchange and education about Korean foods through various marketing initiatives and collaborations with food influencers.
Details of the Ransomware Attack
On July 3, 2024, Daesang America fell victim to a ransomware attack orchestrated by the group known as RansomHub. The attack led to a significant data breach involving the leak of 100GB of sensitive data. This incident highlights the vulnerabilities even specialized companies face in the realm of digital security.
Profile of the Attacker: RansomHub
RansomHub is a relatively new entity in the cyber threat landscape, believed to have origins in Russia. The group operates on a Ransomware-as-a-Service (RaaS) model, which is increasingly common among modern cybercriminal organizations. RansomHub is known for its use of Golang in ransomware development, a practice that aligns with emerging trends in the cybercrime arena. The group has a history of targeting a diverse range of victims across different sectors and countries, indicating a broad and opportunistic attack vector.
Potential Vulnerabilities and Attack Vectors
While specific details of the breach vector in Daesang America’s case remain undisclosed, typical entry points for ransomware include phishing attacks, exploitation of unpatched software vulnerabilities, and compromised credentials. Given the size of the company and the nature of its digital assets, it is plausible that RansomHub could have exploited weaknesses in Daesang America's network security practices, such as inadequate endpoint protection or insufficient employee training on cybersecurity risks.
Sources
Recent Ransomware Attacks
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