Frederick Wildman & Sons Ltd: Battling the Aftermath of a Ransomware Attack
Incident Date:
April 13, 2024
Overview
Title
Frederick Wildman & Sons Ltd: Battling the Aftermath of a Ransomware Attack
Victim
Frederick Wildman & Sons Ltd
Attacker
Hunters International
Location
First Reported
April 13, 2024
Ransomware Attack on Frederick Wildman & Sons Ltd
Company Profile
Frederick Wildman & Sons Ltd, a wine and spirits company operating in the United States, has fallen victim to a ransomware attack by the group Hunters. The company has an estimated annual revenue of $35M, 212 employees. The Hunters group has estimated the company's revenue to be of $22 million, 214 employees.
Industry Standing
The company's profile stands out in the industry due to its diverse portfolio of high-quality wines from around the world. They have a significant presence in the wine industry and compete with other wine and spirits companies that have varying revenue levels and employee counts. Despite facing competition, Frederick Wildman & Sons Ltd has maintained a positive growth trajectory.
Vulnerabilities
As a company operating in the retail sector, Frederick Wildman & Sons Ltd may be vulnerable to cyber attacks due to the sensitive nature of customer data and financial information. The ransomware group Hunters in their recent attack have declared to have extracted 130GB of the company's data.
With a relatively low amount of external funding compared to other companies in the industry, Frederick Wildman & Sons Ltd may need to invest more in cybersecurity to mitigate the risk of future attacks.
Sources:
Recent Ransomware Attacks
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