kelvinsecurity attacks Cellulant Corporation

Incident Date:

April 1, 2022

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Overview

Title

kelvinsecurity attacks Cellulant Corporation

Victim

Cellulant Corporation

Attacker

Kelvinsecurity

Location

Nairobi, Kenya

Nairobi, Kenya

First Reported

April 1, 2022

Cellulant Corporation Suffers Ransomware Attack

Company Overview

Cellulant Corporation, a prominent player in the financial services sector, has been acknowledged for its stringent customer data protection measures, especially in Nigeria. The company's Chief Business Officer has emphasized the critical role of data protection in maintaining industry integrity.

Vulnerabilities and Threats

Ransomware groups like Kelvinsecurity exploit weaknesses such as outdated software, unpatched systems, or insufficient password policies. The breach of Cellulant Corporation may have been precipitated by phishing or similar tactics. Notably, the company employs a security service for its website, indicating a proactive stance towards cybersecurity threats.

Industry Trends

The financial sector is increasingly besieged by ransomware attacks, with notable mentions of the Conti and BlackCat malware strains. This pattern highlights the urgent need for comprehensive cybersecurity frameworks to safeguard critical financial data against unauthorized access and ensure data integrity.

Mitigation Strategies

Although specific details of the Cellulant Corporation attack remain undisclosed, adopting a multi-faceted security approach is advisable. This strategy should encompass regular updates to software systems, comprehensive employee training programs, and the deployment of advanced security solutions to thwart ransomware threats effectively.

Sources

  • Cellulant Corporation - HackNotice
  • David Njuguna's Post on LinkedIn about cybersecurity mentorship and ethics. URL: LinkedIn Post
  • Cellulant recognized for its customer data protection efforts in Nigeria. URL: Cellulant Nigeria Award
  • Russia prepares deep fakes? Ransomware disrupts logistical operations - The CyberWire Daily Briefing. URL: The CyberWire Daily Briefing

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.