lockbit2 attacks Bagby Elevator Company
Incident Date:
January 23, 2022
Overview
Title
lockbit2 attacks Bagby Elevator Company
Victim
Bagby Elevator Company
Attacker
Lockbit2
Location
First Reported
January 23, 2022
Bagby Elevator Company Targeted by Lockbit2 Ransomware Group
Company Overview
Bagby Elevator Company, a prominent provider of custom-engineered elevator solutions in the construction sector, is recognized for its innovative designs and efficient vertical transportation solutions. The company prides itself on its commitment to safety, modernization, and the use of non-proprietary equipment. This approach not only ensures high-quality installations but also empowers customers with freedom of choice and easy access to maintenance resources.
Vulnerabilities and Impact
The recent cyberattack by the Lockbit2 ransomware group on Bagby Elevator Company highlights the critical need for robust cybersecurity measures within the construction industry. As digital and physical infrastructures become increasingly intertwined, the sector's vulnerability to cyber threats also escalates. The company's preference for non-proprietary systems, while advantageous for operational flexibility, may inadvertently introduce security weaknesses. These vulnerabilities can be exploited by cybercriminals, potentially leading to data breaches, operational disruptions, and significant financial damages.
Sources
- Bagby Elevator Company: http://bagbyelevator.com/
- PacerMonitor: Bester v Bagby Elevator Company, Inc et al
- Justia Dockets: Bester v Bagby Elevator Company, Inc et al
Recent Ransomware Attacks
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