De Penning & De Penning Hit by LockBit 3.0 Ransomware Attack

Incident Date:

May 9, 2024

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De Penning & De Penning Hit by LockBit 3.0 Ransomware Attack


De Penning & De Penning




Chennai, India

, India

First Reported

May 9, 2024

Ransomware Attack on De Penning & De Penning by LockBit 3.0

Company Profile

De Penning & De Penning is one of India's leading intellectual property law firms, established in 1856. The firm specializes in safeguarding and securing intellectual assets, offering services such as patent, trademark, design, copyright, and domain name registration. With over 165 years of service, the firm has a strong reputation for protecting clients' intellectual property rights in a competitive market. The firm's commitment to innovation and client service has led to a growing client base, including Fortune 500 companies, research institutes, universities, start-ups, and individuals.

The well-established firm with a nationwide presence in India, De Penning & De Penning, operates in the Law Firms & Legal Services sector. The company employs over 200 people, including 75 attorneys, and has an estimated revenue of $6 million.

Attack and Vulnerabilities

The firm was targeted in a cybercrime attack by LockBit 3.0 ransomware. The attackers successfully exfiltrated 310 GB of sensitive data, including accounting records, agreements, client information, and other confidential data. De Penning & De Penning's valuable intellectual assets could have made them an attractive target for threat actors seeking to exploit confidential information.

LockBit May Attacks

This ransomware attack on De Penning & De Penning is part of the May 2024 attacks by LockBit 3.0. Following the disruption of its infrastructure in February during "Operation Cronos," LockBit swiftly returned, targeting over 50 victims within hours of reactivating its platform. The group's adaptability and global reach have raised concerns about law enforcement's effectiveness in combating cybercrime. Cybersecurity experts emphasize the need for proactive measures and international collaboration to counter LockBit's resurgence and address evolving threats in the digital landscape.


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.