lockbit2 attacks vbsharma

Incident Date:

March 16, 2022

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lockbit2 attacks vbsharma






Scarborough, Canada

Ontario, Canada

First Reported

March 16, 2022

VB Sharma CPA Faces Ransomware Attack by Lockbit2

Company Profile

VB Sharma CPA, a professional corporation, offers comprehensive financial and tax counseling services to both individuals and businesses. With a focus on client satisfaction, this team of accountants, bookkeepers, and chartered accountants prides itself on delivering results-driven services. Their commitment to confidentiality and dependability ensures that clients' financial data and books are managed with the utmost professionalism and care.

Vulnerabilities and Impact

The recent ransomware attack on VB Sharma CPA underscores the heightened vulnerabilities faced by entities within the financial sector. Despite the lack of detailed information regarding the organization's size or the specific security weaknesses exploited in this incident, the attack aligns with a broader trend observed in 2023. The Business Services sector emerged as a prime target for cybercriminals, experiencing a total of 1,265 ransomware attacks.

Response and Mitigation

In the wake of the ransomware attack, VB Sharma CPA is advised to adhere to established protocols for managing such cybersecurity incidents. This includes isolating affected systems from the network to prevent further spread, informing all relevant personnel about the breach, and engaging IT experts to assess and mitigate the damage. Additionally, it is imperative that the incident is reported to authoritative bodies such as the FBI, CISA, or the U.S. Secret Service to contribute to broader efforts in combating ransomware threats.

The incident involving VB Sharma CPA underscores the persistent risk of ransomware attacks targeting the financial sector. It highlights the necessity for businesses to adopt comprehensive cybersecurity strategies and adhere to best practices in order to safeguard against such threats.


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.