lockbit2 attacks wilshire

Incident Date:

April 22, 2022

World map

Overview

Title

lockbit2 attacks wilshire

Victim

wilshire

Attacker

Lockbit2

Location

Los Angeles, USA

California, USA

First Reported

April 22, 2022

Wilshire, a Leading Investment Advisor, Suffers Ransomware Attack by Lockbit2

Company Overview

Wilshire, a prominent investment advisory firm, has been targeted by the ransomware group Lockbit2, as reported on their dark web leak site. The company, which operates in the finance sector, has a website at http://wilshire.com and offers a range of investment solutions to institutional investors, financial advisors, and intermediaries.

Wilshire is known for its innovative investment solutions, advanced financial analytics, and market-leading indexes, all backed by time-tested quantitative and qualitative insights. The firm specializes in optimizing investment portfolios, understanding risks, and maximizing value for clients in various sectors, including central banks, pension funds, insurance companies, foundations, endowments, and family offices.

Vulnerabilities and Impact

The ransomware attack on Wilshire highlights the increasing threat of cyberattacks in the financial sector. While specific details about the attack are not available, it is known that Lockbit2 is a prolific ransomware group that has targeted various organizations, including schools and food manufacturers. The impact of such attacks can range from data loss and system downtime to financial losses and reputational damage.

Mitigating Risks

To mitigate the risks of ransomware attacks, organizations should implement robust cybersecurity measures, such as regular software updates, employee training, and incident response plans. It is also crucial to work with trusted service providers that follow strong cybersecurity practices and have a proven track record in the industry.

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.

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.