hiveleak attacks G-TEKT Europe Manufacturing Ltd
Incident Date:
September 26, 2022
Overview
Title
hiveleak attacks G-TEKT Europe Manufacturing Ltd
Victim
G-TEKT Europe Manufacturing Ltd
Attacker
Hiveleak
Location
First Reported
September 26, 2022
G-TEKT Europe Manufacturing Ltd Suffers Ransomware Attack by Hiveleak Group
Company Overview
G-TEKT Europe Manufacturing Ltd, also known as G-TEM, has been a market-leading tier one automotive manufacturer for over 25 years. They work with some of the largest and most prestigious car brands across Europe. The company's services include a full complement of capabilities to achieve OEM requirements.
Industry Standout
G-TEM is recognized for its innovative global manufacturing of vehicle body structures. They have been market-leading in the automotive manufacturing sector for over two decades, demonstrating their expertise and commitment to quality in the industry.
Vulnerabilities
The ransomware attack on G-TEM highlights the vulnerabilities of the manufacturing sector to cyber threats. Ransomware attacks have been on the rise, with ransomware-as-a-service (RaaS) becoming a primary business model for cybercriminals. The attack on G-TEM could have been facilitated by various vectors, such as phishing emails, unsecured remote access, or exploiting vulnerabilities in software or hardware.
The Hiveleak group, known for its ransomware attacks, has targeted G-TEM, demonstrating the need for robust cybersecurity measures to protect against such threats. Companies in the manufacturing sector must invest in security to be in a position where they do not pay ransom, as only 29% of businesses paid ransom in 2023, an all-time low.
Sources
- G-TEM | Award-Winning Automotive Manufacturer Based in the UK
- Ransomware hackers focus on North America, Europe - Axios
- Ransomware Targeting Automobiles - ACM Digital Library
- OpenText Cybersecurity Nastiest Malware of 2023 Shows Ransomware-as-a-Service Now Primary Business Model - PR Newswire
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.