lockbit3 attacks Best Tax Filer india

Incident Date:

August 13, 2022

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Overview

Title

lockbit3 attacks Best Tax Filer india

Victim

Best Tax Filer india

Attacker

Lockbit3

Location

Madhapur, India

Telangana, India

First Reported

August 13, 2022

Best Tax Filer India Hit by Lockbit3 Ransomware Attack

Best Tax Filer India, a prominent entity in the business services sector, has fallen victim to the ransomware group Lockbit3, as revealed through a leak on the group's dark web site. Despite the operational status of the company's website, http://besttaxfiler.com, there has been no official disclosure regarding the extent of the attack's impact or the countermeasures being adopted.

Company Overview

Operating within the Business Services sector, Best Tax Filer India offers tax filing services to both individuals and businesses. The lack of detailed information on the company's website about its size, revenue, or market position does not obscure its significance in the tax filing industry, a fact underscored by the attention from Lockbit3.

Vulnerabilities and Mitigation

Ransomware attacks often leverage vulnerabilities such as outdated software, unpatched systems, or weak passwords. To counteract these threats, companies are advised to focus on patch management, enforce strong password policies, and enhance cybersecurity awareness among their workforce. The establishment of a comprehensive incident response plan, coupled with regular drills, is essential in reducing the ramifications of ransomware attacks.

Previous Ransomware Attacks in India

The landscape of ransomware incidents in India has been marked by a significant uptick, with a 53% increase in 2022 over the previous year. The sectors most affected include information technology and IT-enabled services, finance, and manufacturing. Lockbit emerged as the most widespread ransomware variant, with Makop and DJVU/Stop also notable. Additionally, 2022 saw the emergence of new variants like Vice Society and BlueSky.

The ransomware attack on Best Tax Filer India underscores the imperative for companies to elevate cybersecurity on their agenda and adopt comprehensive safeguards against such threats. With ransomware attacks growing in frequency and sophistication, it is vital for organizations to remain vigilant about emerging threats and vulnerabilities, and to proactively engage in mitigation efforts.

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.