LockBit 3.0 Ransomware Attack on Eviivo Limited

Incident Date:

May 7, 2024

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Overview

Title

LockBit 3.0 Ransomware Attack on Eviivo Limited

Victim

Eviivo Limited

Attacker

Lockbit3

Location

London, United Kingdom

, United Kingdom

First Reported

May 7, 2024

Ransomware Attack on Eviivo Limited by LockBit 3.0

Victim Profile

Eviivo Limited, a leading hospitality software company based in the United Kingdom, was recently targeted in a cyberattack by the LockBit 3.0 ransomware group. Eviivo specializes in providing software solutions for independent accommodations, helping manage guests, bookings, and online travel agencies like Airbnb, Booking.com, Expedia, and Vrbo.

Company Size and Standout Features

Eviivo Limited, the legal entity associated with Eviivo, had 473 employees as of December 23, 2003, and generated $17.9 million in revenue as of March 31, 2017. The company stands out in the hospitality tech industry for its innovative functionality and improved booking management experience, being the first all-in-one booking management platform for independent accommodation providers.

Vulnerabilities and Attack Details

LockBit 3.0, a Ransomware-as-a-Service (RaaS) group known for its advanced capabilities, targeted Eviivo Limited in a recent cyberattack. The ransomware encrypts files, modifies their filenames, changes the desktop wallpaper, and drops a ransom note on the victim's desktop. LockBit 3.0 is heavily obfuscated and protected against analysis, making it challenging for security researchers to study.

The LockBit ransomware group operates under a Ransomware-as-a-Service (RaaS) model, allowing other cybercriminals to use their malware for attacks. LockBit 3.0 has been used to target a wide range of organizations globally, including major companies like Boeing and the US division of the Chinese bank ICBC. Cybersecurity agencies consider LockBit 3.0 to be more "modular and evasive" than previous ransomware variants, making it harder to detect and defend against.

LockBit May Attacks

This is part of the May 2024 attacks by LockBit3.0, a cybercriminal group that resurfaced with vigor following the disruption of its infrastructure during "Operation Cronos." Despite law enforcement efforts, LockBit swiftly returned, targeting over 50 victims within hours of reactivating its platform. The group's adaptability and global reach showcase the challenges in combating cybercrime effectively.

Sources:

Recent Ransomware Attacks

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