lockbit2 attacks apec-capital

Incident Date:

March 22, 2022

World map

Overview

Title

lockbit2 attacks apec-capital

Victim

apec-capital

Attacker

Lockbit2

Location

Central, Hong Kong

Central, Hong Kong

First Reported

March 22, 2022

APEC Capital Ransomware Attack

Vulnerabilities

The specific vulnerabilities that led to APEC Capital's attack have not been disclosed. This incident, however, highlights the critical need for robust cybersecurity defenses within the finance sector. Given the sector's handling of sensitive data and financial transactions, it is imperative for companies to prioritize the implementation of strong security protocols. This includes regular software updates and comprehensive cybersecurity training for all employees to reduce the risk of ransomware attacks significantly.

Response and Recovery

In the wake of a ransomware attack, immediate actions typically include the shutdown of affected systems to halt further damage, data preservation efforts, and the engagement of cyber insurance event response teams for detailed forensic analysis. It is crucial for companies to have a well-defined plan for system and data restoration. Equally important is the establishment of clear communication channels with stakeholders and the public to navigate the recovery phase effectively.

The Lockbit2 ransomware attack on APEC Capital underscores the persistent cyber threats facing the finance sector. To safeguard their data and operational integrity, companies within this domain must adopt a vigilant and proactive stance towards cybersecurity.

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.