lockbit3 attacks ARM assist
Incident Date:
July 28, 2022
Overview
Title
lockbit3 attacks ARM assist
Victim
ARM assist
Attacker
Lockbit3
Location
First Reported
July 28, 2022
ARM Assist Ransomware Attack
Company Overview
ARM Assist operates within the Healthcare Services sector, offering a centralized and proactive nationwide accident repair service. This service caters to a variety of sectors, including fleets, leasing, rental, and insurance companies, through a network of approved repairers selected for their service quality.
Vulnerabilities and Targeting
Ransomware attacks are designed to target sensitive information, such as trade secrets, product information, and potentially embarrassing information. The Lockbit3 group's attack on ARM Assist likely exploited vulnerabilities within the company's systems to access and exfiltrate data. Notably, Lockbit3 employs a 'double extortion' tactic, wherein they not only encrypt the victim's data but also threaten to release it unless a ransom is paid.
Industry Impact
The healthcare sector is particularly vulnerable to ransomware attacks due to the sensitive nature of the data involved. Since 2016, there has been a noticeable increase in ransomware attacks targeting hospitals, significantly affecting IT systems, patient care, clinical operations, and billing processes.
Mitigation Strategies
To reduce the risk of ransomware attacks, it is crucial for companies to adopt comprehensive cybersecurity measures. These measures include conducting regular software updates, providing employee training on cybersecurity best practices, and deploying anti-malware software. In the unfortunate event of an attack, it is recommended that victims refrain from paying the ransom and instead seek assistance from law enforcement agencies.
Sources
- IGA Ransomware Program
- Ransomware - Wikipedia
- Protect against ransomware attacks
- LockBit ransomware group taken over by law enforcement
- CL0P Ransomware Gang Exploits CVE-2023-34362 MOVEit Vulnerability
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.