lockbit2 attacks Stirx Limited

Incident Date:

February 19, 2022

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Overview

Title

lockbit2 attacks Stirx Limited

Victim

Stirx Limited

Attacker

Lockbit2

Location

Forest House, Isle Of Man

Ronaldway, Isle Of Man

First Reported

February 19, 2022

Strix Limited Suffers Ransomware Attack

Strix Limited, a global leader in the design, manufacture, and supply of kettle safety controls and other complementary water temperature management components, appliances, and water filtration products, has been targeted by the ransomware group Lockbit2. The company, which operates in the Manufacturing sector, has not disclosed the extent of the damage caused by the attack.

Strix Limited is known for its commitment to sustainability, ethics, and diversity, with a focus on designing appliances that offer simple, sustainable, and innovative technologies that drive value for both partners and consumers. The company has a 56% global value share of the kettle controls market and is dedicated to delivering unrivaled quality and safety while helping to bring about a more sustainable future.

The ransomware attack on Strix Limited is part of a broader trend of increasing ransomware attacks, with costs to businesses exceeding $75 billion per year and a 97% increase in attacks over the past two years. The attackers exploited a vulnerability that allows them to remotely execute code with system-level privileges, enabling them to take control of the affected system.

Strix Limited has not released a statement regarding the attack or the measures they are taking to mitigate the damage. The company's website does not provide information on their cybersecurity measures or any recent updates related to the attack.

Company Information

Strix Limited is a global leader in the design, manufacture, and supply of kettle safety controls and other complementary water temperature management components, appliances, and water filtration products. The company is committed to sustainability, ethics, and diversity, with a focus on designing appliances that offer simple, sustainable, and innovative technologies that drive value for both partners and consumers.

Vulnerabilities

The ransomware attack on Strix Limited highlights the vulnerabilities of companies in the Manufacturing sector to cyber threats. The attackers exploited a vulnerability that allows them to remotely execute code with system-level privileges, enabling them to take control of the affected system. This underscores the importance of robust cybersecurity measures to protect against such attacks.

The ransomware attack on Strix Limited is a reminder of the increasing threat of cyber attacks on businesses, particularly those in the Manufacturing sector. The company's commitment to sustainability, ethics, and diversity does not exempt it from the risk of cyber threats. Strix Limited and other companies must prioritize robust cybersecurity measures to protect against such attacks and mitigate the damage caused by ransomware.

Sources

Recent Ransomware Attacks

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