lockbit3 attacks genusplc

Incident Date:

July 14, 2022

World map

Overview

Title

lockbit3 attacks genusplc

Victim

genusplc

Attacker

Lockbit3

Location

Windsor, USA

Wisconson, USA

First Reported

July 14, 2022

Genus plc Suffers Ransomware Attack by Lockbit3

Company Overview

Genus plc is a global organization that provides farmers with superior genetics, contributing to the fulfillment of its vision of nourishing the world more sustainably. The company operates in various sectors, including agriculture, food, and technology, and has a presence in multiple regions worldwide.

Vulnerabilities and Mitigation

In their 2022 annual report, Genus plc acknowledged the risk of cybersecurity incidents, including ransomware attacks, and the potential impact on their systems and operations. The company has implemented measures to improve system controls and monitoring activities to detect and prevent future security incidents.

Impact of the Attack

The ransomware attack on Genus plc had a limited impact on their systems, with minimal disruption to entities operating on GenusOne. However, certain local systems were affected, causing short-term operational disruptions, particularly in Latin America. The company successfully restored all systems and files prior to the June month-end without paying a ransom.

The ransomware attack on Genus plc by Lockbit3 highlights the ongoing threat of cybercrime in the digital age. Despite the company's efforts to improve their cybersecurity posture, they were still targeted by the attackers. This incident serves as a reminder for organizations to remain vigilant and proactive in protecting their digital assets.

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.