kelvinsecurity attacks BEXIMCO

Incident Date:

April 1, 2022

World map

Overview

Title

kelvinsecurity attacks BEXIMCO

Victim

BEXIMCO

Attacker

Kelvinsecurity

Location

Dhaka, Bangladesh

Dhaka, Bangladesh

First Reported

April 1, 2022

Beximco Group Suffers Ransomware Attack

Company Overview

Beximco Group is a holding company and conglomerate that operates in various sectors, including textiles, pharmaceuticals, and telecommunications. The company is known for its significant contributions to the Bangladeshi economy and has a strong presence in the country's business landscape.

Attack Details

The ransomware attack on Beximco Group resulted in the leak of sensitive information, including hundreds of gigabytes of files, databases, and payment records. The attackers gained access to the company's telecom subsidies and 34 websites, including its telecom subsidy, BOL-online.com.

Vulnerabilities

The attack on Beximco Group highlights the need for improved cybersecurity measures in the country. Bangladesh has been identified as one of the most targeted countries for ransomware attacks in the Asia Pacific region, with a significant number of incidents reported in 2021. The report 'Ransomware Landscape Bangladesh 2022' published by BGD e-Gov CIRT, the government's cyber security agency, revealed that several top corporations, telcos, and internet service providers in Bangladesh were targeted by ransomware, leading to the leak of citizens' data.

The ransomware attack on Beximco Group underscores the importance of robust cybersecurity measures for businesses, particularly in sectors that handle sensitive information. The incident serves as a reminder for organizations to prioritize cybersecurity and implement best practices to protect against such threats.

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.