lockbit2 attacks jlmsolicitors.c...
Incident Date:
March 30, 2022
Overview
Title
lockbit2 attacks jlmsolicitors.c...
Victim
jlmsolicitors.c...
Attacker
Lockbit2
Location
First Reported
March 30, 2022
Low & Partners: A Targeted Victim in the Legal Services Sector
Low & Partners, a law firm specializing in shipping and maritime law, has been targeted by the ransomware group Lockbit2. The attack was announced on the group's dark web leak site. The firm operates in the Law Firms & Legal Services sector and is recognized for its expertise in admiralty litigation and arbitration, marine casualties, and international maritime arbitration, among other areas.
Company Size and Industry Standout
Low & Partners is ranked as the eighth largest law firm in Malaysia. The firm's recognition, including nominations as the top finalists of the "SE Asia Law Firm of the Year" and "Malaysia Deal Firm of the Year" by ALB (Asian Legal Business) Law Awards in 2018 and 2019, highlights their standing in the legal services sector and their commitment to providing commercial solutions for their clients.
Vulnerabilities and Targeting
The specific vulnerabilities that led to Low & Partners being targeted by Lockbit2 have not been publicly disclosed. Ransomware attacks often exploit weaknesses in outdated software, unpatched systems, or weak passwords. Lockbit2 is known to use a variety of tactics, including malware to encrypt data, extortion through the threat of data exposure, and the release of source code and intellectual properties.
The attack on Low & Partners underscores the importance of cybersecurity in the legal services sector, where sensitive client information and intellectual property are often at risk. Firms must prioritize cybersecurity measures to protect their clients' data and maintain their reputation.
Sources
- Low & Partners: Our Services - Malaysia Shipping & Maritime Law
- Semiconductor Companies Targeted by Ransomware - Recorded Future
- Surviving a Ransomware Attack: A Case Study - Marsh
- The State of Ransomware in 2023 - e-Crime Bureau
- Azmi & Associates > Kuala Lumpur, Malaysia > Firm Profile
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.