hiveleak attacks FMT

Incident Date:

July 14, 2022

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Overview

Title

hiveleak attacks FMT

Victim

FMT

Attacker

Hiveleak

Location

Kolkata, India

West Bengal, India

First Reported

July 14, 2022

FMT Infotech Suffers Ransomware Attack by Hiveleak Group

FMT Infotech, a prominent entity within the Energy, Utilities & Waste sector, recently fell victim to a ransomware attack orchestrated by the Hiveleak group. This incident was disclosed on the group's dark web leak site, spotlighting the ongoing cybersecurity threats facing the industry. FMT Infotech, headquartered in London, United Kingdom, specializes in providing IT services across various sectors.

While the exact size of FMT Infotech remains unspecified, the breadth of IT services listed on their website implies a moderately large organization. Despite the lack of detailed operational or industry-specific expertise information, the company emphasizes its commitment to delivering high-quality services to its clientele.

Underlying Vulnerabilities and Industry Implications

The specific vulnerabilities that rendered FMT Infotech susceptible to the ransomware attack are not directly mentioned. Nonetheless, the evolving ransomware landscape, characterized by an increased focus on data theft and the exploitation of zero-day and one-day vulnerabilities, suggests potential weaknesses in FMT Infotech's IT infrastructure or an inherent risk associated with the digital reliance of their sector.

This incident is symptomatic of a broader trend within the cybersecurity domain. A report from the fourth quarter of 2023 indicates a record surge in ransomware victims, alongside a proliferation of distinct ransomware gangs. This trend underscores the escalating threat of ransomware attacks across diverse industries, including those within the Energy, Utilities & Waste sector.

The attack on FMT Infotech serves as a critical reminder of the importance of prioritizing cybersecurity measures. Although the company's website lacks detailed information on their cybersecurity protocols, it is imperative for them to fortify their digital defenses to thwart future attacks and safeguard their assets.

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.