lockbit2 attacks Chervon Group

Incident Date:

January 7, 2022

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Overview

Title

lockbit2 attacks Chervon Group

Victim

Chervon Group

Attacker

Lockbit2

Location

Naperville, USA

Illinois, USA

First Reported

January 7, 2022

Chervon Group Suffers Ransomware Attack by Lockbit2

Chervon Group, a leading manufacturer in the power tools and outdoor power equipment industry, has been targeted by the ransomware group Lockbit2. The attack was announced on the group's dark web leak site, and the victim's website is https://global.chervongroup.com/. Chervon operates in the Manufacturing sector and is known for its commitment to innovation and continuous improvement.

Company Overview

Chervon is a global company that designs and manufactures a wide range of tools, including handheld power tools, bench tools, and outdoor power equipment. They pride themselves on their complete value chain, which includes R&D, sourcing, manufacturing, testing, marketing, sales & distribution, and after-sales service.

Vulnerabilities and Previous Attacks

The company has faced cybersecurity challenges in the past, including a significant attack in 2010 when the Stuxnet virus infected their network. This incident highlights the need for robust cybersecurity measures to protect against such threats.

Industry Vulnerabilities

The Manufacturing sector, including companies like Chervon, is a prime target for ransomware attacks due to the potential for significant disruption to operations and supply chains. The sector has seen a rise in ransomware attacks, with companies like ExxonMobil, Norsk Hydro, and Petrobras being affected in the past.

Mitigation Strategies

Chervon has implemented various cybersecurity measures to protect against such attacks, including employee training, vulnerability management, and incident response plans. However, the success of these measures in preventing the Lockbit2 attack remains to be seen.

The Lockbit2 ransomware group has been active in recent years, targeting various industries and organizations. The group is known for its aggressive tactics and has been responsible for several high-profile attacks.

The impact of the Lockbit2 attack on Chervon Group is still unfolding, and it remains to be seen what data or systems have been compromised. The company has not yet released a statement on the attack or its response.

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.

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