Guarding the Vault: Banco Promerica's Ransomware Challenge
Incident Date:
April 5, 2024
Overview
Title
Guarding the Vault: Banco Promerica's Ransomware Challenge
Victim
Banco Promerica
Attacker
Snatch
Location
First Reported
April 5, 2024
Banco Promerica Suffers Ransomware Attack
Overview
Banco Promerica, a financial institution operating in Honduras, has been targeted by the ransomware group Snatch. The company offers services such as currency exchange and loyalty programs. The company's website provides information on how to acquire dollars through the bank and details about their loyalty program, which rewards customer fidelity with points. It operates in the finance sector, which is a common target for ransomware attacks due to the sensitive nature of the data they handle. Financial institutions are often targeted for their large customer bases and the potential for significant financial gain.
Vulnerabilities
Ransomware attacks often exploit weaknesses in outdated software, unpatched systems, or weak passwords. Financial institutions are often targeted due to their large customer bases and the potential for significant financial gain. The ransomware group Snatch has attacked Banco Promerica, with no further details provided about the nature or extent of the breach. The Snatch ransomware group has been linked to a number of high-profile attacks, including the leak of 1.6TB of data from the South African Department of Defence in August 2023. The group has also been known to target critical infrastructure industries, including the Defense Industrial Base, Food and Agriculture, and Information Technology.
Sources:
- Banco Promerica - Honduras: https://www.bancopromerica.com/
- RansomFeed: https://ransomfeed.it/export-data.php?date=2023
- Hackmanac News: https://hackmanac.com/news/hacks-of-today-30-31-12-2023-01-02-01-2024
- Malabar Gold & Diamonds Data Breach Claimed by Snatch: https://thecyberexpress.com/malabar-gold-diamonds-data-breach/amp/
Recent Ransomware Attacks
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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.